Vontobel Holding Ltd. Boosts Stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Vontobel Holding Ltd. grew its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 184.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,132 shares of the transportation company’s stock after purchasing an additional 12,408 shares during the period. Vontobel Holding Ltd.’s holdings in C.H. Robinson Worldwide were worth $1,653,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of CHRW. First Republic Investment Management Inc. lifted its position in C.H. Robinson Worldwide by 0.8% during the first quarter. First Republic Investment Management Inc. now owns 15,472 shares of the transportation company’s stock valued at $1,666,000 after buying an additional 116 shares in the last quarter. Vision Capital Management Inc. boosted its position in C.H. Robinson Worldwide by 0.8% during the 4th quarter. Vision Capital Management Inc. now owns 16,605 shares of the transportation company’s stock worth $1,435,000 after purchasing an additional 129 shares during the period. Captrust Financial Advisors increased its holdings in C.H. Robinson Worldwide by 0.6% in the 2nd quarter. Captrust Financial Advisors now owns 22,095 shares of the transportation company’s stock valued at $2,085,000 after purchasing an additional 141 shares in the last quarter. Cascade Investment Advisors Inc. raised its position in C.H. Robinson Worldwide by 1.1% in the third quarter. Cascade Investment Advisors Inc. now owns 13,665 shares of the transportation company’s stock valued at $1,177,000 after purchasing an additional 145 shares during the period. Finally, SkyView Investment Advisors LLC raised its position in C.H. Robinson Worldwide by 3.4% in the third quarter. SkyView Investment Advisors LLC now owns 4,567 shares of the transportation company’s stock valued at $393,000 after purchasing an additional 149 shares during the period. Hedge funds and other institutional investors own 93.15% of the company’s stock.

C.H. Robinson Worldwide Price Performance

Shares of CHRW opened at $71.22 on Friday. C.H. Robinson Worldwide, Inc. has a 52 week low of $65.00 and a 52 week high of $106.14. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 1.00. The firm has a market cap of $8.33 billion, a price-to-earnings ratio of 26.28, a PEG ratio of 3.54 and a beta of 0.72. The stock has a 50 day moving average of $72.92 and a 200-day moving average of $80.01.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its quarterly earnings data on Wednesday, January 31st. The transportation company reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.30). C.H. Robinson Worldwide had a return on equity of 27.61% and a net margin of 1.85%. The business had revenue of $4.22 billion during the quarter, compared to analyst estimates of $4.35 billion. As a group, analysts forecast that C.H. Robinson Worldwide, Inc. will post 3.24 EPS for the current year.

C.H. Robinson Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 1st were given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date of this dividend was Thursday, February 29th. C.H. Robinson Worldwide’s dividend payout ratio is presently 90.04%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on CHRW shares. Stifel Nicolaus increased their target price on C.H. Robinson Worldwide from $84.00 to $85.00 and gave the company a “hold” rating in a research note on Wednesday, January 10th. BNP Paribas reiterated a “neutral” rating and set a $76.00 price objective on shares of C.H. Robinson Worldwide in a research note on Wednesday, March 27th. Wells Fargo & Company reduced their target price on shares of C.H. Robinson Worldwide from $80.00 to $70.00 and set an “underweight” rating on the stock in a research report on Thursday, February 1st. StockNews.com downgraded shares of C.H. Robinson Worldwide from a “hold” rating to a “sell” rating in a research note on Wednesday, February 28th. Finally, Susquehanna upped their price objective on shares of C.H. Robinson Worldwide from $79.00 to $80.00 and gave the company a “neutral” rating in a research report on Monday, March 25th. Seven investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $81.21.

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.