C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Shares Sold by Fox Run Management L.L.C.

Fox Run Management L.L.C. reduced its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) by 21.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,722 shares of the transportation company's stock after selling 3,494 shares during the quarter. Fox Run Management L.L.C.'s holdings in C.H. Robinson Worldwide were worth $1,314,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in CHRW. Parallel Advisors LLC grew its position in shares of C.H. Robinson Worldwide by 2.4% during the 4th quarter. Parallel Advisors LLC now owns 4,290 shares of the transportation company's stock valued at $443,000 after acquiring an additional 102 shares during the period. Cascade Investment Advisors Inc. lifted its stake in shares of C.H. Robinson Worldwide by 0.7% in the fourth quarter. Cascade Investment Advisors Inc. now owns 15,987 shares of the transportation company's stock worth $1,652,000 after buying an additional 105 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its holdings in shares of C.H. Robinson Worldwide by 3.5% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,873 shares of the transportation company's stock worth $400,000 after purchasing an additional 131 shares during the last quarter. SkyView Investment Advisors LLC grew its holdings in C.H. Robinson Worldwide by 2.3% in the 3rd quarter. SkyView Investment Advisors LLC now owns 6,498 shares of the transportation company's stock valued at $717,000 after buying an additional 144 shares in the last quarter. Finally, Sound Financial Strategies Group LLC increased its position in C.H. Robinson Worldwide by 1.9% during the fourth quarter. Sound Financial Strategies Group LLC now owns 8,387 shares of the transportation company's stock worth $867,000 after purchasing an additional 156 shares during the last quarter. Hedge funds and other institutional investors own 93.15% of the company's stock.

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Analyst Upgrades and Downgrades

A number of research analysts recently commented on CHRW shares. Stifel Nicolaus upgraded C.H. Robinson Worldwide from a "hold" rating to a "buy" rating and set a $113.00 price objective on the stock in a report on Friday, January 31st. Bank of America decreased their price target on C.H. Robinson Worldwide from $130.00 to $122.00 and set a "buy" rating on the stock in a research note on Thursday, January 30th. Benchmark reissued a "buy" rating and set a $125.00 price objective on shares of C.H. Robinson Worldwide in a research report on Friday, January 31st. Robert W. Baird increased their target price on shares of C.H. Robinson Worldwide from $115.00 to $124.00 and gave the stock a "neutral" rating in a research note on Friday, December 13th. Finally, TD Cowen lifted their price target on shares of C.H. Robinson Worldwide from $113.00 to $119.00 and gave the company a "hold" rating in a research report on Friday, December 13th. One analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have issued a buy rating to the company's stock. According to MarketBeat.com, C.H. Robinson Worldwide has an average rating of "Moderate Buy" and a consensus price target of $117.65.

C.H. Robinson Worldwide Stock Down 0.8 %

Shares of CHRW traded down $0.80 during mid-day trading on Tuesday, reaching $99.68. The company's stock had a trading volume of 283,961 shares, compared to its average volume of 1,348,440. 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, Inc. has a 12-month low of $65.00 and a 12-month high of $114.82. The stock has a market cap of $11.83 billion, a PE ratio of 25.90, a price-to-earnings-growth ratio of 1.16 and a beta of 0.83. The company's 50 day moving average is $100.73 and its 200 day moving average is $104.41.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last issued its quarterly earnings data 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%. Equities analysts anticipate that C.H. Robinson Worldwide, Inc. will post 4.83 EPS for the current fiscal year.

C.H. Robinson Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 7th will be given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date of this dividend is Friday, March 7th. C.H. Robinson Worldwide's dividend payout ratio (DPR) is currently 64.42%.

Insider Activity

In related news, insider Angela K. Freeman sold 8,000 shares of the firm's stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $100.39, for a total transaction of $803,120.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, 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 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 ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 15,048 shares of company stock valued at $1,513,656. Insiders own 1.47% of the company's stock.

About C.H. Robinson Worldwide

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.