C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the twenty analysts that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and eleven have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $117.17.

Several research analysts recently commented on CHRW shares. Stephens reiterated an "equal weight" rating and issued a $111.00 price target on shares of C.H. Robinson Worldwide in a research note on Thursday, January 30th. Stifel Nicolaus raised C.H. Robinson Worldwide from a "hold" rating to a "buy" rating and set a $113.00 target price on the stock in a research report on Friday, January 31st. Benchmark restated a "buy" rating and issued a $125.00 price target on shares of C.H. Robinson Worldwide in a research note on Friday, January 31st. BMO Capital Markets increased their price objective on shares of C.H. Robinson Worldwide from $115.00 to $118.00 and gave the company a "market perform" rating in a research note on Friday, December 13th. Finally, TD Cowen boosted their target price 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.

Insider Transactions at C.H. Robinson Worldwide

In other news, insider Michael D. Castagnetto sold 2,032 shares of the company's stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of $103.81, for a total value of $210,941.92. Following the completion of the sale, the insider now directly owns 34,469 shares of the company's stock, valued at approximately $3,578,226.89. This represents a 5.57 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.18% of the company's stock.

Institutional Investors Weigh In On C.H. Robinson Worldwide

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. National Pension Service acquired a new position in shares of C.H. Robinson Worldwide during the 4th quarter valued at $25,000. Venturi Wealth Management LLC boosted its stake in C.H. Robinson Worldwide by 83.5% during the third 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 in the last quarter. Proficio Capital Partners LLC acquired a new position in C.H. Robinson Worldwide during the fourth quarter worth about $33,000. Missouri Trust & Investment Co bought a new stake in C.H. Robinson Worldwide in the fourth quarter worth about $41,000. Finally, Mainstream Capital Management LLC acquired a new stake in C.H. Robinson Worldwide in the 4th quarter valued at about $41,000. Institutional investors own 93.15% of the company's stock.

C.H. Robinson Worldwide Stock Down 0.9 %

NASDAQ CHRW traded down $0.90 on Thursday, reaching $99.02. The company had a trading volume of 800,242 shares, compared to its average volume of 1,112,197. 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 has a 1 year low of $65.00 and a 1 year high of $114.82. The firm has a 50-day moving average of $103.55 and a 200-day moving average of $104.64. The firm has a market capitalization of $11.71 billion, a PE ratio of 25.72, a P/E/G ratio of 1.15 and a beta of 0.82.

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 earnings per share for the quarter, beating 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%. On average, equities research analysts anticipate that C.H. Robinson Worldwide will post 4.82 EPS for the current fiscal year.

C.H. Robinson Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 7th will be given 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 yield of 2.50%. C.H. Robinson Worldwide's dividend payout ratio (DPR) is presently 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.