C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Shares Acquired by APG Asset Management N.V.

APG Asset Management N.V. grew its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) by 19.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 193,739 shares of the transportation company's stock after purchasing an additional 31,404 shares during the quarter. APG Asset Management N.V. owned about 0.16% of C.H. Robinson Worldwide worth $19,331,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. Quarry LP boosted its stake in C.H. Robinson Worldwide by 76.7% in the 3rd quarter. Quarry LP now owns 394 shares of the transportation company's stock worth $43,000 after purchasing an additional 171 shares in the last quarter. National Bank of Canada FI lifted its stake in shares of C.H. Robinson Worldwide by 81.8% during the third quarter. National Bank of Canada FI now owns 59,910 shares of the transportation company's stock worth $6,612,000 after buying an additional 26,964 shares during the period. MML Investors Services LLC acquired a new stake in shares of C.H. Robinson Worldwide during the third quarter worth $297,000. M&T Bank Corp grew its holdings in shares of C.H. Robinson Worldwide by 4.0% during the third quarter. M&T Bank Corp now owns 6,517 shares of the transportation company's stock valued at $719,000 after buying an additional 253 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of C.H. Robinson Worldwide by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 3,104,011 shares of the transportation company's stock valued at $341,555,000 after acquiring an additional 42,189 shares during the period. 93.15% of the stock is owned by institutional investors and hedge funds.

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Insider Buying and Selling at C.H. Robinson Worldwide

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

C.H. Robinson Worldwide Stock Up 0.2 %

Shares of C.H. Robinson Worldwide stock traded up $0.18 on Tuesday, reaching $92.55. 391,167 shares of the company were exchanged, compared to its average volume of 1,412,640. The stock's 50 day moving average price is $97.86 and its 200-day moving average price is $103.45. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.28 and a quick ratio of 1.49. 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 market cap of $10.94 billion, a P/E ratio of 24.04, a price-to-earnings-growth ratio of 1.16 and a beta of 0.86.

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, topping 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%. As a group, equities analysts forecast 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 announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 7th were issued a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 2.68%. The ex-dividend date was Friday, March 7th. C.H. Robinson Worldwide's dividend payout ratio (DPR) is presently 64.42%.

Analyst Ratings Changes

Several analysts have weighed in on the company. Bank of America dropped their price target on C.H. Robinson Worldwide from $122.00 to $119.00 and set a "buy" rating on the stock in a research note on Friday, March 28th. Wells Fargo & Company cut their target price on shares of C.H. Robinson Worldwide from $130.00 to $125.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. JPMorgan Chase & Co. lowered their price target on shares of C.H. Robinson Worldwide from $133.00 to $131.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. Barclays lifted their price objective on shares of C.H. Robinson Worldwide from $95.00 to $100.00 and gave the company an "underweight" rating in a report on Friday, January 17th. Finally, Stephens restated an "equal weight" rating and issued a $111.00 price objective on shares of C.H. Robinson Worldwide in a research report on Thursday, January 30th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have given a buy rating to the company's stock. According to MarketBeat.com, C.H. Robinson Worldwide has a consensus rating of "Moderate Buy" and a consensus target price of $117.20.

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.