Analysts Set C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) PT at $117.79

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Get Free Report) has earned an average recommendation of "Moderate Buy" from the twenty-two brokerages that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $117.65.

A number of equities research analysts have recently commented on CHRW shares. Wells Fargo & Company raised C.H. Robinson Worldwide from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $118.00 to $130.00 in a research report on Monday, December 9th. Susquehanna dropped their target price on shares of C.H. Robinson Worldwide from $130.00 to $127.00 and set a "positive" rating on the stock in a report on Thursday, January 30th. BMO Capital Markets upped their price target on shares of C.H. Robinson Worldwide from $115.00 to $118.00 and gave the company a "market perform" rating in a report on Friday, December 13th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of C.H. Robinson Worldwide in a report on Friday, March 7th. They set a "buy" rating and a $129.00 price objective on the stock. Finally, Raymond James reduced their target price on shares of C.H. Robinson Worldwide from $123.00 to $118.00 and set an "outperform" rating for the company in a research note on Thursday, January 30th.

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Insider Buying and Selling at C.H. Robinson Worldwide

In other C.H. Robinson Worldwide news, insider Michael D. Castagnetto sold 5,016 shares of the 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 transaction, the insider now owns 34,586 shares in the company, valued at $3,444,765.60. This represents a 12.67 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at 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 sale, the insider now owns 77,027 shares of the company's stock, 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 have sold a total of 15,048 shares of company stock valued at $1,513,656 in the last ninety days. 1.47% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of CHRW. Vanguard Group Inc. lifted its holdings in shares of C.H. Robinson Worldwide by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 14,535,174 shares of the transportation company's stock worth $1,501,774,000 after acquiring an additional 251,943 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in C.H. Robinson Worldwide by 4.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,147,830 shares of the transportation company's stock worth $428,554,000 after purchasing an additional 191,611 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of C.H. Robinson Worldwide by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 3,168,030 shares of the transportation company's stock valued at $326,549,000 after purchasing an additional 64,019 shares in the last quarter. Van ECK Associates Corp increased its stake in shares of C.H. Robinson Worldwide by 92,841.1% in the 4th quarter. Van ECK Associates Corp now owns 3,007,574 shares of the transportation company's stock valued at $310,742,000 after purchasing an additional 3,004,338 shares during the last quarter. Finally, Wellington Management Group LLP increased its stake in shares of C.H. Robinson Worldwide by 25.7% in the 4th quarter. Wellington Management Group LLP now owns 2,899,550 shares of the transportation company's stock valued at $299,582,000 after purchasing an additional 593,211 shares during the last quarter. Institutional investors and hedge funds own 93.15% of the company's stock.

C.H. Robinson Worldwide Trading Up 0.2 %

Shares of CHRW stock traded up $0.21 on Monday, reaching $96.39. The company had a trading volume of 717,675 shares, compared to its average volume of 1,374,754. The stock has a market cap of $11.44 billion, a PE ratio of 25.10, a PEG ratio of 1.16 and a beta of 0.83. The company has a 50-day moving average of $101.38 and a 200-day moving average of $104.63. The company has a current ratio of 1.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.54. C.H. Robinson Worldwide has a 12 month low of $65.00 and a 12 month high of $114.82.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last posted its earnings results on Wednesday, January 29th. The transportation company reported $1.21 earnings per share 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%. On average, equities analysts forecast that C.H. Robinson Worldwide will post 4.83 earnings per share for the current year.

C.H. Robinson Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 7th will be issued a dividend of $0.62 per share. The ex-dividend date is Friday, March 7th. This represents a $2.48 annualized dividend and a yield of 2.57%. C.H. Robinson Worldwide's payout ratio is currently 64.42%.

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.