C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Insider Angela K. Freeman Sells 8,000 Shares

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Get Free Report) 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 $7,732,740.53. This trade represents a 9.41 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

C.H. Robinson Worldwide Stock Up 4.8 %

Shares of NASDAQ CHRW traded up $4.72 during midday trading on Friday, hitting $102.22. 679,342 shares of the company's stock were exchanged, compared to its average volume of 1,173,700. The firm's fifty day simple moving average is $101.82 and its 200-day simple moving average is $104.68. The company has a market cap of $12.13 billion, a PE ratio of 26.54, a P/E/G ratio of 1.16 and a beta of 0.83. C.H. Robinson Worldwide, Inc. has a twelve month low of $65.00 and a twelve month 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.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The transportation company reported $1.21 earnings per share for the quarter, topping analysts' consensus estimates 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%. Research analysts predict that C.H. Robinson Worldwide, Inc. will post 4.83 EPS for the current fiscal year.

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C.H. Robinson Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors 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 yield of 2.43%. C.H. Robinson Worldwide's dividend payout ratio (DPR) is presently 64.42%.

Wall Street Analysts Forecast Growth

CHRW has been the subject of several research analyst reports. Raymond James dropped their price objective on 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. Benchmark reaffirmed a "buy" rating and issued a $125.00 target price on shares of C.H. Robinson Worldwide in a research report on Friday, January 31st. Susquehanna reduced their price target on shares of C.H. Robinson Worldwide from $130.00 to $127.00 and set a "positive" rating on the stock in a research report on Thursday, January 30th. Stephens restated an "equal weight" rating and issued a $111.00 price objective on shares of C.H. Robinson Worldwide in a report on Thursday, January 30th. Finally, JPMorgan Chase & Co. reduced their target price 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. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, C.H. Robinson Worldwide has an average rating of "Moderate Buy" and an average target price of $117.79.

Hedge Funds Weigh In On C.H. Robinson Worldwide

Several large investors have recently bought and sold shares of CHRW. Venturi Wealth Management LLC boosted its position in shares of 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 purchasing an additional 111 shares during the period. National Pension Service acquired a new position in C.H. Robinson Worldwide during the fourth quarter worth approximately $25,000. Quarry LP lifted its stake in C.H. Robinson Worldwide by 76.7% in the third quarter. Quarry LP now owns 394 shares of the transportation company's stock valued at $43,000 after buying an additional 171 shares during the last quarter. Missouri Trust & Investment Co acquired a new stake in shares of C.H. Robinson Worldwide in the fourth quarter valued at approximately $41,000. Finally, Mainstream Capital Management LLC purchased a new position in shares of C.H. Robinson Worldwide during the fourth quarter worth approximately $41,000. Institutional investors and hedge funds own 93.15% of the company's stock.

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.