Lbp Am Sa Decreases Stock Holdings in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

LBP AM SA trimmed its position in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) by 10.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,245 shares of the transportation company's stock after selling 11,949 shares during the quarter. LBP AM SA owned approximately 0.09% of C.H. Robinson Worldwide worth $10,977,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CHRW. Van ECK Associates Corp increased its holdings in shares of C.H. Robinson Worldwide by 92,841.1% during the 4th quarter. Van ECK Associates Corp now owns 3,007,574 shares of the transportation company's stock valued at $310,742,000 after purchasing an additional 3,004,338 shares in the last quarter. FMR LLC increased its holdings in C.H. Robinson Worldwide by 2,259.1% in the 3rd quarter. FMR LLC now owns 2,557,791 shares of the transportation company's stock worth $282,303,000 after acquiring an additional 2,449,367 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in C.H. Robinson Worldwide in the 4th quarter worth $102,174,000. Jupiter Asset Management Ltd. increased its holdings in C.H. Robinson Worldwide by 737.0% in the 4th quarter. Jupiter Asset Management Ltd. now owns 400,418 shares of the transportation company's stock worth $41,371,000 after acquiring an additional 352,578 shares in the last quarter. Finally, Citigroup Inc. increased its holdings in C.H. Robinson Worldwide by 137.8% in the 3rd quarter. Citigroup Inc. now owns 431,033 shares of the transportation company's stock worth $47,573,000 after acquiring an additional 249,774 shares in the last quarter. 93.15% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

A number of brokerages have recently commented on CHRW. BMO Capital Markets increased their target price on shares of C.H. Robinson Worldwide from $115.00 to $118.00 and gave the company a "market perform" rating in a research report on Friday, December 13th. Robert W. Baird raised 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. JPMorgan Chase & Co. decreased their target price on shares of 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. Susquehanna decreased their target price on shares of C.H. Robinson Worldwide from $130.00 to $127.00 and set a "positive" rating on the stock in a research note on Thursday, January 30th. Finally, TD Cowen raised their target price on shares of C.H. Robinson Worldwide from $113.00 to $119.00 and gave the stock a "hold" rating in a research note on Friday, December 13th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $117.65.

Insiders Place Their Bets

In other C.H. Robinson Worldwide news, insider Michael D. Castagnetto sold 2,032 shares of the business's stock in a transaction 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 completion of the transaction, the insider now owns 34,469 shares in the company, valued at $3,578,226.89. The trade was a 5.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Angela K. Freeman sold 8,000 shares of the business's stock in a transaction on Thursday, February 27th. The stock was 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 approximately $7,732,740.53. This trade represents a 9.41 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,048 shares of company stock worth $1,513,656 over the last 90 days. Corporate insiders own 1.47% of the company's stock.

C.H. Robinson Worldwide Trading Down 0.7 %

C.H. Robinson Worldwide stock traded down $0.75 during trading on Wednesday, hitting $99.31. The company had a trading volume of 1,130,602 shares, compared to its average volume of 1,328,702. C.H. Robinson Worldwide, Inc. has a 1-year low of $65.00 and a 1-year high of $114.82. The company has a current ratio of 1.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.54. The company's 50 day simple moving average is $101.00 and its 200-day simple moving average is $104.52. The stock has a market cap of $11.79 billion, a price-to-earnings ratio of 25.79, a price-to-earnings-growth ratio of 1.16 and a beta of 0.83.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last posted its 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 net margin of 2.63% and a return on equity of 34.53%. 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 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 7th will be paid a $0.62 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $2.48 annualized dividend and a dividend yield of 2.50%. C.H. Robinson Worldwide's dividend payout ratio (DPR) is 64.42%.

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.