Intech Investment Management LLC Buys 3,219 Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Intech Investment Management LLC increased its holdings in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) by 18.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 20,613 shares of the transportation company's stock after buying an additional 3,219 shares during the period. Intech Investment Management LLC's holdings in C.H. Robinson Worldwide were worth $2,130,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. National Pension Service acquired a new position in C.H. Robinson Worldwide in the fourth quarter valued at approximately $25,000. Quarry LP boosted its position in C.H. Robinson Worldwide by 76.7% during 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. Missouri Trust & Investment Co bought a new position in C.H. Robinson Worldwide during the 4th quarter worth $41,000. Mainstream Capital Management LLC acquired a new stake in C.H. Robinson Worldwide in the fourth quarter worth $41,000. Finally, Brooklyn Investment Group lifted its stake in C.H. Robinson Worldwide by 213.5% in the fourth quarter. Brooklyn Investment Group now owns 464 shares of the transportation company's stock valued at $48,000 after buying an additional 316 shares during the last quarter. Institutional investors own 93.15% of the company's stock.

C.H. Robinson Worldwide Stock Down 0.5 %

NASDAQ:CHRW traded down $0.48 during trading hours on Tuesday, hitting $100.00. 1,400,406 shares of the stock traded hands, compared to its average volume of 1,348,440. The firm has a market cap of $11.87 billion, a price-to-earnings ratio of 25.97, a PEG ratio of 1.16 and a beta of 0.83. The firm has a 50 day moving average price of $100.73 and a 200 day moving average price of $104.41. The company has a current ratio of 1.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.54. C.H. Robinson Worldwide, Inc. has a fifty-two week low of $65.00 and a fifty-two week high of $114.82.

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C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The transportation company reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.11. C.H. Robinson Worldwide had a return on equity of 34.53% and a net margin of 2.63%. Equities research analysts anticipate that C.H. Robinson Worldwide, Inc. will post 4.83 earnings per share for the current year.

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 issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.48%. The ex-dividend date is Friday, March 7th. C.H. Robinson Worldwide's dividend payout ratio is currently 64.42%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on CHRW shares. Susquehanna lowered their price target on shares of C.H. Robinson Worldwide from $130.00 to $127.00 and set a "positive" rating for the company in a research report on Thursday, January 30th. Stephens restated an "equal weight" rating and issued a $111.00 target price on shares of C.H. Robinson Worldwide in a research report on Thursday, January 30th. Barclays lifted their price target on C.H. Robinson Worldwide from $95.00 to $100.00 and gave the company an "underweight" rating in a report on Friday, January 17th. Wells Fargo & Company raised C.H. Robinson Worldwide from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $118.00 to $130.00 in a report on Monday, December 9th. Finally, JPMorgan Chase & Co. cut their target price on C.H. Robinson Worldwide from $133.00 to $131.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, C.H. Robinson Worldwide currently has a consensus rating of "Moderate Buy" and an average price target of $117.65.

Insider Activity at C.H. Robinson Worldwide

In other C.H. Robinson Worldwide news, insider Michael D. Castagnetto sold 5,016 shares of the business's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $99.60, for a total value of $499,593.60. Following the transaction, the insider now owns 34,586 shares in the company, valued at $3,444,765.60. The trade was a 12.67 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Angela K. Freeman sold 8,000 shares of the company's stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $100.39, for a total value of $803,120.00. Following the completion of the transaction, the insider now directly owns 77,027 shares in the company, valued at approximately $7,732,740.53. The trade was a 9.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,048 shares of company stock valued at $1,513,656. Corporate insiders own 1.47% 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.