4 hours Ago By ABMN Staff
C.H. Robinson Worldwide ( NASDAQ:CHRW – Free Report ) had its price objective cut by Raymond James from $123.
00 to $118.00 in a report issued on Thursday morning, Benzinga reports. They currently have an outperform rating on the transportation company’s stock.
Several other equities research analysts have also commented on CHRW. Robert W. Baird boosted their target price on shares of C.
H. Robinson Worldwide from $115.00 to $124.
00 and gave the stock a “neutral” rating in a research report on Friday, December 13th. UBS Group raised shares of C.H.
Robinson Worldwide from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $100.00 to $140.00 in a report on Friday, October 4th.
TD Cowen increased their target price on shares of C.H. Robinson Worldwide from $113.
00 to $119.00 and gave the company a “hold” rating in a report on Friday, December 13th. Evercore ISI boosted their price target on C.
H. Robinson Worldwide from $112.00 to $122.
00 and gave the stock an “outperform” rating in a research note on Thursday, October 3rd. Finally, Barclays upped their price target on C.H.
Robinson Worldwide from $95.00 to $100.00 and gave the stock an “underweight” rating in a report on Friday, January 17th.
One investment analyst has rated the stock with a sell rating, nine have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $117.
33. Check Out Our Latest Report on CHRW C.H.
Robinson Worldwide Price Performance C.H. Robinson Worldwide ( NASDAQ:CHRW – Get Free Report ) last posted its quarterly earnings results on Wednesday, January 29th.
The transportation company reported $1.21 EPS for the quarter, beating the consensus estimate of $1.10 by $0.
11. C.H.
Robinson Worldwide had a return on equity of 35.64% and a net margin of 2.63%.
Research analysts predict that C.H. Robinson Worldwide will post 4.
82 earnings per share for the current year. C.H.
Robinson Worldwide Announces Dividend The company also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 6th were paid a $0.62 dividend.
The ex-dividend date of this dividend was Friday, December 6th. This represents a $2.48 annualized dividend and a yield of 2.
49%. C.H.
Robinson Worldwide’s payout ratio is currently 64.42%. Insider Buying and Selling at C.
H. Robinson Worldwide In related news, insider Michael D. Castagnetto sold 2,032 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st.
The shares were sold at an average price of $103.81, for a total value of $210,941.92.
Following the completion of the sale, the insider now directly owns 34,469 shares in the company, valued at approximately $3,578,226.89. The trade was a 5.
57 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, insider Michael John Short sold 10,408 shares of the stock in a transaction that occurred on Monday, November 11th.
The stock was sold at an average price of $109.87, for a total transaction of $1,143,526.96.
Following the transaction, the insider now directly owns 70,943 shares in the company, valued at approximately $7,794,507.41. This represents a 12.
79 % decrease in their position. The disclosure for this sale can be found here . 1.
47% of the stock is currently owned by insiders. Institutional Trading of C.H.
Robinson Worldwide A number of institutional investors and hedge funds have recently made changes to their positions in the company. Venturi Wealth Management LLC grew its position in C.H.
Robinson Worldwide by 83.5% during the third quarter. Venturi Wealth Management LLC now owns 244 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 111 shares during the period.
Missouri Trust & Investment Co acquired a new position in shares of C.H. Robinson Worldwide in the 4th quarter valued at about $41,000.
Quarry LP grew its holdings in shares of C.H. Robinson Worldwide by 76.
7% during the 3rd quarter. Quarry LP now owns 394 shares of the transportation company’s stock worth $43,000 after purchasing an additional 171 shares during the period. Brooklyn Investment Group increased its position in C.
H. Robinson Worldwide by 213.5% during the 4th quarter.
Brooklyn Investment Group now owns 464 shares of the transportation company’s stock worth $48,000 after purchasing an additional 316 shares in the last quarter. Finally, Stonebridge Financial Group LLC purchased a new position in C.H.
Robinson Worldwide in the fourth quarter valued at approximately $52,000. 93.15% of the stock is currently owned by institutional investors and hedge funds.
About C.H. Robinson Worldwide ( Get Free Report ) C.
H. Robinson Worldwide, Inc, together with its subsidiaries, provides freight transportation services, and related logistics and supply chain services in the United States and internationally. It operates through two segments: North American Surface Transportation and Global Forwarding.
The company offers transportation and logistics services, such as truckload, less than truckload transportation brokerage services, which include the shipment of single or multiple pallets of freight; intermodal transportation that comprises the shipment service of freight in containers or trailers by a combination of truck and rail; and non-vessel operating common carrier and freight forwarding services, as well as organizes air shipments and provides door-to-door services. Featured Articles Receive News & Ratings for C.H.
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