45,946 Shares in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Bought by Quantbot Technologies LP

Quantbot Technologies LP bought a new stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 45,946 shares of the transportation company's stock, valued at approximately $4,747,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of CHRW. National Pension Service purchased a new position in shares of C.H. Robinson Worldwide in the 4th quarter valued at approximately $25,000. Proficio Capital Partners LLC purchased a new position in C.H. Robinson Worldwide in the 4th quarter valued at $33,000. Missouri Trust & Investment Co acquired a new position in C.H. Robinson Worldwide in the 4th quarter valued at $41,000. Mainstream Capital Management LLC purchased a new position in C.H. Robinson Worldwide during the 4th quarter worth $41,000. Finally, Quarry LP raised its position in 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 buying an additional 171 shares during the last quarter. Hedge funds and other institutional investors own 93.15% of the company's stock.

Insider Activity

In related news, insider Michael D. Castagnetto sold 5,016 shares of the company's stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $99.60, for a total value of $499,593.60. Following the completion of the transaction, the insider now directly owns 34,586 shares in the company, valued at approximately $3,444,765.60. This represents a 12.67 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Angela K. Freeman sold 8,000 shares of the firm's stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $100.39, for a total value of $803,120.00. Following the completion of the sale, the insider now directly owns 77,027 shares in the company, valued at approximately $7,732,740.53. The trade was a 9.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 15,048 shares of company stock valued at $1,513,656 over the last 90 days. Insiders own 1.47% of the company's stock.

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C.H. Robinson Worldwide Price Performance

NASDAQ:CHRW traded up $1.88 during trading hours on Wednesday, reaching $101.88. 1,075,548 shares of the company traded hands, compared to its average volume of 1,344,410. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.28 and a quick ratio of 1.49. The firm's 50-day moving average is $100.67 and its 200-day moving average is $104.41. The stock has a market cap of $12.09 billion, a P/E ratio of 26.46, a P/E/G ratio of 1.16 and a beta of 0.83. C.H. Robinson Worldwide, Inc. has a 1-year low of $65.00 and a 1-year high of $114.82.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The transportation company reported $1.21 EPS for the quarter, beating analysts' consensus estimates of $1.10 by $0.11. C.H. Robinson Worldwide had a return on equity of 34.53% and a net margin of 2.63%. Equities research analysts expect that C.H. Robinson Worldwide, Inc. will post 4.83 earnings per share for the current fiscal year.

C.H. Robinson Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 7th will be issued a dividend of $0.62 per share. The ex-dividend date of this dividend is Friday, March 7th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.43%. C.H. Robinson Worldwide's dividend payout ratio (DPR) is presently 64.42%.

Analyst Ratings Changes

CHRW has been the subject of several analyst reports. Stifel Nicolaus raised shares of C.H. Robinson Worldwide from a "hold" rating to a "buy" rating and set a $113.00 price target for the company in a report on Friday, January 31st. Robert W. Baird increased their target price on C.H. Robinson Worldwide from $115.00 to $124.00 and gave the stock a "neutral" rating in a research note on Friday, December 13th. Bank of America reduced their price target on C.H. Robinson Worldwide from $130.00 to $122.00 and set a "buy" rating for the company in a report on Thursday, January 30th. TD Cowen upped their price objective on C.H. Robinson Worldwide from $113.00 to $119.00 and gave the stock a "hold" rating in a report on Friday, December 13th. Finally, StockNews.com downgraded C.H. Robinson Worldwide from a "buy" rating to a "hold" rating in a report on Friday, March 7th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $117.15.

C.H. Robinson Worldwide Profile

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.