DecisionMap Wealth Management LLC Makes New Investment in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

DecisionMap Wealth Management LLC bought a new stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 4,767 shares of the transportation company's stock, valued at approximately $493,000.

Several other institutional investors have also recently bought and sold shares of the company. National Pension Service acquired a new stake in shares of C.H. Robinson Worldwide in the fourth quarter valued at approximately $25,000. Venturi Wealth Management LLC increased its stake in C.H. Robinson Worldwide by 83.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 244 shares of the transportation company's stock valued at $27,000 after buying an additional 111 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in C.H. Robinson Worldwide in the 4th quarter valued at $33,000. Missouri Trust & Investment Co bought a new stake in C.H. Robinson Worldwide during the 4th quarter worth about $41,000. Finally, Mainstream Capital Management LLC acquired a new position in shares of C.H. Robinson Worldwide during the 4th quarter worth about $41,000. Institutional investors own 93.15% of the company's stock.

Insider Activity at C.H. Robinson Worldwide

In other news, insider Michael D. Castagnetto sold 5,016 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $99.60, for a total transaction of $499,593.60. Following the completion of the sale, the insider now owns 34,586 shares of the company's stock, valued at approximately $3,444,765.60. This represents a 12.67 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Angela K. Freeman sold 8,000 shares of C.H. Robinson Worldwide stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $100.39, for a total transaction of $803,120.00. Following the completion of the transaction, the insider now directly owns 77,027 shares in the company, valued at $7,732,740.53. This trade represents a 9.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 15,048 shares of company stock worth $1,513,656. Company insiders own 1.47% of the company's stock.

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C.H. Robinson Worldwide Stock Performance

NASDAQ CHRW traded up $2.62 on Monday, reaching $101.00. The stock had a trading volume of 1,122,803 shares, compared to its average volume of 1,332,926. C.H. Robinson Worldwide, Inc. has a 1-year low of $65.00 and a 1-year high of $114.82. 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 company has a market cap of $11.99 billion, a P/E ratio of 26.23, a price-to-earnings-growth ratio of 1.16 and a beta of 0.83. The firm has a fifty day moving average of $101.13 and a two-hundred day moving average of $104.55.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last released 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 net margin of 2.63% and a return on equity of 34.53%. On average, equities research analysts anticipate that C.H. Robinson Worldwide, Inc. will post 4.83 EPS for the current year.

C.H. Robinson Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 7th will be given a $0.62 dividend. 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 2.46%. C.H. Robinson Worldwide's payout ratio is 64.42%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on CHRW. BMO Capital Markets upped their target price on C.H. Robinson Worldwide from $115.00 to $118.00 and gave the stock a "market perform" rating in a report on Friday, December 13th. Benchmark reiterated a "buy" rating and set a $125.00 price objective on shares of C.H. Robinson Worldwide in a research note on Friday, January 31st. Bank of America decreased their target price on shares of C.H. Robinson Worldwide from $130.00 to $122.00 and set a "buy" rating for the company in a research note on Thursday, January 30th. TD Cowen upped their price target on shares of C.H. Robinson Worldwide from $113.00 to $119.00 and gave the stock a "hold" rating in a research report on Friday, December 13th. Finally, StockNews.com downgraded shares of C.H. Robinson Worldwide from a "buy" rating to a "hold" rating in a research report on Friday, March 7th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $117.65.

C.H. Robinson Worldwide Company 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.