Isthmus Partners LLC Has $14.79 Million Position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Isthmus Partners LLC lessened its holdings in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 143,140 shares of the transportation company's stock after selling 2,505 shares during the quarter. C.H. Robinson Worldwide makes up approximately 1.8% of Isthmus Partners LLC's investment portfolio, making the stock its 13th largest position. Isthmus Partners LLC owned approximately 0.12% of C.H. Robinson Worldwide worth $14,789,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of CHRW. National Pension Service acquired a new position in shares of C.H. Robinson Worldwide during the 4th quarter worth approximately $25,000. Venturi Wealth Management LLC raised its holdings in C.H. Robinson Worldwide by 83.5% in the 3rd 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 during the period. Proficio Capital Partners LLC acquired a new stake in C.H. Robinson Worldwide during the fourth quarter worth approximately $33,000. Missouri Trust & Investment Co bought a new stake in shares of C.H. Robinson Worldwide during the fourth quarter worth approximately $41,000. Finally, Mainstream Capital Management LLC bought a new stake in shares of C.H. Robinson Worldwide during the fourth quarter worth approximately $41,000. Institutional investors own 93.15% of the company's stock.

Insider Buying and Selling

In related news, insider Angela K. Freeman sold 8,000 shares of C.H. Robinson Worldwide stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $100.39, for a total transaction of $803,120.00. Following the completion of 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael D. Castagnetto sold 5,016 shares of the business's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $99.60, for a total transaction of $499,593.60. Following the completion of the transaction, the insider now owns 34,586 shares in the company, valued at approximately $3,444,765.60. The trade was a 12.67 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,048 shares of company stock valued at $1,513,656 in the last three months. Insiders own 1.47% of the company's stock.

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C.H. Robinson Worldwide Price Performance

CHRW stock traded up $0.14 during midday trading on Thursday, reaching $96.32. 1,164,802 shares of the stock were exchanged, compared to its average volume of 1,376,225. 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 $101.38 and a 200 day moving average price of $104.63. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.28 and a quick ratio of 1.49. The stock has a market capitalization of $11.43 billion, a PE ratio of 25.02, a P/E/G ratio of 1.16 and a beta of 0.83.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The transportation company reported $1.21 earnings per share (EPS) 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%. As a group, analysts expect that C.H. Robinson Worldwide, Inc. will post 4.83 EPS for the current fiscal year.

C.H. Robinson Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 7th will be issued a $0.62 dividend. 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 2.57%. C.H. Robinson Worldwide's payout ratio is 64.42%.

Analyst Ratings Changes

Several research firms recently weighed in on CHRW. Barclays lifted their price target on C.H. Robinson Worldwide from $95.00 to $100.00 and gave the stock an "underweight" rating in a report on Friday, January 17th. Stephens restated an "equal weight" rating and set a $111.00 target price on shares of C.H. Robinson Worldwide in a research report on Thursday, January 30th. Bank of America cut their price target on C.H. Robinson Worldwide from $130.00 to $122.00 and set a "buy" rating for the company in a research note on Thursday, January 30th. Citigroup dropped their price objective on C.H. Robinson Worldwide from $130.00 to $124.00 and set a "buy" rating for the company in a report on Monday, February 3rd. Finally, Robert W. Baird increased their target price on C.H. Robinson Worldwide from $115.00 to $124.00 and gave the stock a "neutral" rating in a report on Friday, December 13th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, C.H. Robinson Worldwide presently has an average rating of "Moderate Buy" and a consensus target price of $117.65.

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.