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 been assigned a consensus rating of "Moderate Buy" from the nineteen ratings firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation, nine have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $114.65.

A number of equities analysts have weighed in on the stock. Citigroup upgraded shares of C.H. Robinson Worldwide from a "hold" rating to a "strong-buy" rating in a research report on Friday, December 13th. Susquehanna raised shares of C.H. Robinson Worldwide from a "neutral" rating to a "positive" rating and raised their price target for the company from $115.00 to $130.00 in a research note on Friday, January 3rd. BMO Capital Markets boosted their price objective on C.H. Robinson Worldwide from $115.00 to $118.00 and gave the stock a "market perform" rating in a research note on Friday, December 13th. UBS Group raised C.H. Robinson Worldwide from a "neutral" rating to a "buy" rating and increased their target price for the company from $100.00 to $140.00 in a report on Friday, October 4th. Finally, Wells Fargo & Company raised C.H. Robinson Worldwide from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $118.00 to $130.00 in a research note on Monday, December 9th.

C.H. Robinson Worldwide Stock Performance

Shares of C.H. Robinson Worldwide stock traded up $0.89 on Friday, reaching $103.58. 1,119,326 shares of the stock were exchanged, compared to its average volume of 771,554. The firm has a market capitalization of $12.24 billion, a price-to-earnings ratio of 35.84, a PEG ratio of 0.83 and a beta of 0.83. C.H. Robinson Worldwide has a twelve month low of $65.00 and a twelve month high of $114.82. The business has a 50 day moving average price of $106.32 and a two-hundred day moving average price of $102.61. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.86.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The transportation company reported $1.28 EPS for the quarter, topping analysts' consensus estimates of $1.12 by $0.16. The business had revenue of $4.64 billion for the quarter, compared to analysts' expectations of $4.53 billion. C.H. Robinson Worldwide had a net margin of 1.96% and a return on equity of 30.38%. The business's revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the company earned $0.84 EPS. Analysts anticipate that C.H. Robinson Worldwide will post 4.4 earnings per share for the current fiscal year.

C.H. Robinson Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 6th were paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 2.39%. The ex-dividend date was Friday, December 6th. C.H. Robinson Worldwide's dividend payout ratio (DPR) is presently 85.81%.

Insider Activity

In other C.H. Robinson Worldwide news, insider Michael John Short sold 10,408 shares of C.H. Robinson Worldwide stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $109.87, for a total value of $1,143,526.96. Following the completion of the transaction, the insider now directly owns 70,943 shares of the company's stock, valued at $7,794,507.41. The trade was a 12.79 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Michael D. Castagnetto sold 2,032 shares of the stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $103.81, for a total transaction of $210,941.92. Following the sale, the insider now owns 34,469 shares in the company, valued at approximately $3,578,226.89. This trade represents a 5.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.18% of the company's stock.

Institutional Trading of C.H. Robinson Worldwide

Hedge funds have recently added to or reduced their stakes in the company. Inspire Investing LLC acquired a new position in shares of C.H. Robinson Worldwide during the fourth quarter worth $810,000. Avior Wealth Management LLC increased its holdings in shares of C.H. Robinson Worldwide by 24.6% in the 4th quarter. Avior Wealth Management LLC now owns 963 shares of the transportation company's stock valued at $99,000 after acquiring an additional 190 shares during the period. Mutual Advisors LLC lifted its holdings in shares of C.H. Robinson Worldwide by 2.0% in the 4th quarter. Mutual Advisors LLC now owns 11,544 shares of the transportation company's stock valued at $1,185,000 after buying an additional 225 shares during the period. SG Americas Securities LLC boosted its stake in shares of C.H. Robinson Worldwide by 61.6% in the fourth quarter. SG Americas Securities LLC now owns 30,574 shares of the transportation company's stock valued at $3,159,000 after buying an additional 11,658 shares in the last quarter. Finally, Missouri Trust & Investment Co purchased a new stake in shares of C.H. Robinson Worldwide during the 4th quarter worth $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.