Yousif Capital Management LLC Sells 4,882 Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Yousif Capital Management LLC lessened its stake in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) by 4.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,308 shares of the transportation company's stock after selling 4,882 shares during the quarter. Yousif Capital Management LLC owned about 0.08% of C.H. Robinson Worldwide worth $10,054,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in CHRW. Charles Schwab Investment Management Inc. boosted its holdings in C.H. Robinson Worldwide by 3.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,956,219 shares of the transportation company's stock worth $436,648,000 after acquiring an additional 142,116 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of C.H. Robinson Worldwide by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 3,104,011 shares of the transportation company's stock worth $341,555,000 after purchasing an additional 42,189 shares in the last quarter. FMR LLC grew its position 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 valued at $282,303,000 after purchasing an additional 2,449,367 shares during the period. JPMorgan Chase & Co. increased its stake in C.H. Robinson Worldwide by 2.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,411,891 shares of the transportation company's stock valued at $155,830,000 after purchasing an additional 36,769 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in C.H. Robinson Worldwide by 12.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,405,718 shares of the transportation company's stock worth $155,149,000 after buying an additional 153,654 shares during the last quarter. 93.15% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on CHRW shares. Robert W. Baird lifted their price objective on shares of C.H. Robinson Worldwide from $115.00 to $124.00 and gave the company a "neutral" rating in a report on Friday, December 13th. BMO Capital Markets boosted their price objective on C.H. Robinson Worldwide from $115.00 to $118.00 and gave the stock a "market perform" rating in a report on Friday, December 13th. Bank of America dropped their target price on C.H. Robinson Worldwide from $130.00 to $122.00 and set a "buy" rating on the stock in a report on Thursday, January 30th. Susquehanna decreased their price target on C.H. Robinson Worldwide from $130.00 to $127.00 and set a "positive" rating for the company in a report on Thursday, January 30th. Finally, Benchmark reissued a "buy" rating and issued a $125.00 price target on shares of C.H. Robinson Worldwide in a research report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, C.H. Robinson Worldwide currently has an average rating of "Hold" and a consensus price target of $117.17.

C.H. Robinson Worldwide Stock Performance

NASDAQ CHRW traded down $0.05 on Friday, hitting $96.59. 1,087,366 shares of the stock traded hands, compared to its average volume of 1,187,270. 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 business's fifty day moving average is $104.67 and its two-hundred day moving average is $104.21. C.H. Robinson Worldwide, Inc. has a 12 month low of $65.00 and a 12 month high of $114.82. The firm has a market capitalization of $11.42 billion, a price-to-earnings ratio of 25.09, a PEG ratio of 1.12 and a beta of 0.82.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The transportation company reported $1.21 earnings per share for the quarter, topping 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, equities analysts anticipate that C.H. Robinson Worldwide, Inc. will post 4.82 EPS for the current fiscal year.

C.H. Robinson Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 7th will be paid a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.57%. The ex-dividend date is Friday, March 7th. C.H. Robinson Worldwide's payout ratio is currently 64.42%.

Insider Buying and Selling

In related news, insider Michael John Short sold 10,408 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $109.87, for a total value of $1,143,526.96. Following the sale, the insider now owns 70,943 shares in the company, valued at approximately $7,794,507.41. This trade represents a 12.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Michael D. Castagnetto sold 2,032 shares of C.H. Robinson Worldwide 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 sale, the insider now directly owns 34,469 shares of the company's stock, valued at $3,578,226.89. This represents a 5.57 % decrease in their position. The disclosure for this sale can be found here. 1.47% of the stock is owned by insiders.

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.