C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Shares Acquired by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC boosted its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) by 30.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,324 shares of the transportation company's stock after buying an additional 28,245 shares during the quarter. Segall Bryant & Hamill LLC owned approximately 0.10% of C.H. Robinson Worldwide worth $13,501,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. QRG Capital Management Inc. lifted its position in C.H. Robinson Worldwide by 0.9% during the 3rd quarter. QRG Capital Management Inc. now owns 11,148 shares of the transportation company's stock valued at $1,230,000 after acquiring an additional 98 shares during the period. Venturi Wealth Management LLC increased its holdings in 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 valued at $27,000 after buying an additional 111 shares during the last quarter. Central Pacific Bank Trust Division grew its stake in shares of C.H. Robinson Worldwide by 13.6% during the 3rd quarter. Central Pacific Bank Trust Division now owns 1,000 shares of the transportation company's stock valued at $110,000 after acquiring an additional 120 shares during the period. Quent Capital LLC boosted its holdings in C.H. Robinson Worldwide by 94.8% in the 2nd quarter. Quent Capital LLC now owns 300 shares of the transportation company's stock worth $26,000 after buying an additional 146 shares during the period. Finally, Redwood Investment Management LLC raised its stake in C.H. Robinson Worldwide by 0.6% during the 1st quarter. Redwood Investment Management LLC now owns 28,147 shares of the transportation company's stock valued at $2,143,000 after purchasing an additional 165 shares during the period. 93.15% of the stock is owned by institutional investors.

C.H. Robinson Worldwide Trading Down 0.0 %

Shares of C.H. Robinson Worldwide stock opened at $109.03 on Thursday. C.H. Robinson Worldwide, Inc. has a 1-year low of $65.00 and a 1-year high of $113.10. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.49 and a quick ratio of 1.49. The stock's 50 day simple moving average is $107.26 and its 200-day simple moving average is $96.61. The stock has a market cap of $12.89 billion, a P/E ratio of 37.73, a P/E/G ratio of 1.26 and a beta of 0.84.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last announced its earnings results on Wednesday, October 30th. The transportation company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.16. The company had revenue of $4.64 billion during the quarter, compared to analyst estimates of $4.53 billion. C.H. Robinson Worldwide had a net margin of 1.96% and a return on equity of 30.38%. C.H. Robinson Worldwide's revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.84 earnings per share. Analysts predict that C.H. Robinson Worldwide, Inc. will post 4.37 EPS for the current fiscal year.

C.H. Robinson Worldwide Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, December 6th will be given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 2.27%. The ex-dividend date is Friday, December 6th. C.H. Robinson Worldwide's payout ratio is currently 85.81%.

Insider Activity at C.H. Robinson Worldwide

In related news, insider Michael John Short sold 10,408 shares of the business's stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $109.87, for a total transaction of $1,143,526.96. Following the sale, the insider now owns 70,943 shares of the company's stock, valued at approximately $7,794,507.41. The trade was a 12.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.47% of the stock is currently owned by insiders.

Analyst Ratings Changes

CHRW has been the topic of several recent research reports. Benchmark upped their price objective on C.H. Robinson Worldwide from $90.00 to $110.00 and gave the stock a "buy" rating in a report on Thursday, August 1st. Wells Fargo & Company increased their price target on C.H. Robinson Worldwide from $94.00 to $106.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 1st. Susquehanna dropped their target price on C.H. Robinson Worldwide from $120.00 to $115.00 and set a "neutral" rating on the stock in a research report on Friday, November 1st. JPMorgan Chase & Co. upgraded C.H. Robinson Worldwide from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $87.00 to $110.00 in a research note on Thursday, August 1st. Finally, Robert W. Baird increased their price objective on C.H. Robinson Worldwide from $88.00 to $100.00 and gave the company a "neutral" rating in a report on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, C.H. Robinson Worldwide presently has a consensus rating of "Hold" and a consensus target price of $107.63.

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.