Oak Thistle LLC Has $909,000 Stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Oak Thistle LLC raised its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) by 243.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,795 shares of the transportation company's stock after buying an additional 6,236 shares during the quarter. Oak Thistle LLC's holdings in C.H. Robinson Worldwide were worth $909,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC grew its stake in shares of C.H. Robinson Worldwide by 83.5% in the third quarter. Venturi Wealth Management LLC now owns 244 shares of the transportation company's stock valued at $27,000 after acquiring an additional 111 shares in the last quarter. Quarry LP boosted its holdings in C.H. Robinson Worldwide by 76.7% in the 3rd quarter. Quarry LP now owns 394 shares of the transportation company's stock valued at $43,000 after purchasing an additional 171 shares during the period. Eastern Bank acquired a new position in shares of C.H. Robinson Worldwide during the 3rd quarter worth approximately $54,000. Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of C.H. Robinson Worldwide during the third quarter worth approximately $55,000. Finally, Peoples Bank KS acquired a new stake in shares of C.H. Robinson Worldwide in the third quarter valued at approximately $66,000. Institutional investors own 93.15% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Raymond James raised C.H. Robinson Worldwide from a "market perform" rating to an "outperform" rating and set a $123.00 price target on the stock in a research report on Friday, January 10th. TD Cowen increased their target price on C.H. Robinson Worldwide from $113.00 to $119.00 and gave the stock a "hold" rating in a report on Friday, December 13th. BMO Capital Markets boosted their price target on 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. Susquehanna upgraded shares of C.H. Robinson Worldwide from a "neutral" rating to a "positive" rating and increased their price objective for the stock from $115.00 to $130.00 in a research note on Friday, January 3rd. Finally, UBS Group upgraded shares of C.H. Robinson Worldwide from a "neutral" rating to a "buy" rating and boosted their target price for the company from $100.00 to $140.00 in a research report on Friday, October 4th. One analyst has rated the stock with a sell rating, nine have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $114.35.

Insider Buying and Selling at C.H. Robinson Worldwide

In other C.H. Robinson Worldwide news, insider Michael John Short sold 10,408 shares of the company's 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 sale, the insider now owns 70,943 shares in the company, valued at approximately $7,794,507.41. The trade was a 12.79 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Michael D. Castagnetto sold 2,032 shares of the stock in a transaction dated 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. The trade was a 5.57 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.18% of the company's stock.

C.H. Robinson Worldwide Price Performance

CHRW stock traded down $0.34 during midday trading on Thursday, reaching $102.69. 745,879 shares of the stock were exchanged, compared to its average volume of 803,076. C.H. Robinson Worldwide, Inc. has a 52 week low of $65.00 and a 52 week high of $114.82. The company has a fifty day moving average price of $106.52 and a 200 day moving average price of $102.37. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.49 and a quick ratio of 1.49. The stock has a market capitalization of $12.14 billion, a PE ratio of 35.53, a P/E/G ratio of 0.83 and a beta of 0.83.

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

C.H. Robinson Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 6th were issued a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date was Friday, December 6th. C.H. Robinson Worldwide's payout ratio is 85.81%.

C.H. Robinson Worldwide 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.