C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Holdings Decreased by Marathon Asset Management Ltd

Marathon Asset Management Ltd reduced its stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) by 6.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 156,137 shares of the transportation company's stock after selling 10,393 shares during the period. Marathon Asset Management Ltd owned 0.13% of C.H. Robinson Worldwide worth $16,223,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. National Pension Service acquired a new stake in C.H. Robinson Worldwide during the 4th quarter worth $25,000. Venturi Wealth Management LLC increased its position in shares of C.H. Robinson Worldwide by 83.5% during the third quarter. Venturi Wealth Management LLC now owns 244 shares of the transportation company's stock worth $27,000 after purchasing an additional 111 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of C.H. Robinson Worldwide in the 4th quarter valued at about $33,000. Missouri Trust & Investment Co acquired a new stake in shares of C.H. Robinson Worldwide in the 4th quarter valued at about $41,000. Finally, Quarry LP grew its stake in C.H. Robinson Worldwide by 76.7% during the 3rd quarter. Quarry LP now owns 394 shares of the transportation company's stock worth $43,000 after buying an additional 171 shares during the last quarter. Institutional investors and hedge funds own 93.15% of the company's stock.

Insider Activity at C.H. Robinson Worldwide

In related news, insider Angela K. Freeman sold 8,000 shares of the 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 owns 77,027 shares of the company's stock, valued at approximately $7,732,740.53. This represents a 9.41 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Michael D. Castagnetto sold 5,016 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $99.60, for a total transaction of $499,593.60. Following the sale, the insider now directly owns 34,586 shares of the company's stock, valued at $3,444,765.60. The trade was a 12.67 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 15,048 shares of company stock worth $1,513,656. 1.47% of the stock is owned by insiders.

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C.H. Robinson Worldwide Price Performance

NASDAQ CHRW traded up $0.21 during trading hours on Thursday, reaching $98.12. The company's stock had a trading volume of 1,063,584 shares, compared to its average volume of 1,185,979. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.49 and a current ratio of 1.28. The company's 50-day moving average is $101.82 and its two-hundred day moving average is $104.68. C.H. Robinson Worldwide, Inc. has a fifty-two week low of $65.00 and a fifty-two week high of $114.82. The stock has a market cap of $11.65 billion, a PE ratio of 25.49, a PEG ratio of 1.16 and a beta of 0.83.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The transportation company reported $1.21 earnings per share for the quarter, beating analysts' consensus estimates 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%. Analysts forecast that C.H. Robinson Worldwide, Inc. will post 4.83 EPS for the current year.

C.H. Robinson Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 7th will be given a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 2.53%. The ex-dividend date is Friday, March 7th. C.H. Robinson Worldwide's dividend payout ratio (DPR) is currently 64.42%.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Wells Fargo & Company upgraded shares of C.H. Robinson Worldwide from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $118.00 to $130.00 in a research note on Monday, December 9th. Stephens restated an "equal weight" rating and set a $111.00 price target on shares of C.H. Robinson Worldwide in a research note on Thursday, January 30th. JPMorgan Chase & Co. lowered their price objective on shares of C.H. Robinson Worldwide from $133.00 to $131.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. StockNews.com upgraded shares of C.H. Robinson Worldwide from a "hold" rating to a "buy" rating in a research report on Thursday, February 27th. Finally, Stifel Nicolaus raised shares of C.H. Robinson Worldwide from a "hold" rating to a "buy" rating and set a $113.00 target price on the stock in a report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $117.17.

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.