Natixis Advisors L.P. Trims Stock Position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Natixis Advisors L.P. cut its holdings in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRWFree Report) by 10.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,032 shares of the transportation company’s stock after selling 1,843 shares during the quarter. Natixis Advisors L.P.’s holdings in C.H. Robinson Worldwide were worth $1,298,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in CHRW. Larson Financial Group LLC purchased a new position in C.H. Robinson Worldwide during the third quarter worth about $31,000. Pacific Center for Financial Services purchased a new position in shares of C.H. Robinson Worldwide in the 3rd quarter worth about $34,000. Headlands Technologies LLC purchased a new position in shares of C.H. Robinson Worldwide in the 3rd quarter worth about $140,000. Naples Money Management LLC purchased a new position in shares of C.H. Robinson Worldwide in the 4th quarter worth about $181,000. Finally, GAMMA Investing LLC purchased a new position in shares of C.H. Robinson Worldwide in the 4th quarter worth about $192,000. 93.15% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on CHRW shares. BMO Capital Markets raised their price objective on C.H. Robinson Worldwide from $80.00 to $85.00 and gave the stock a “market perform” rating in a report on Friday, May 3rd. StockNews.com upgraded C.H. Robinson Worldwide from a “sell” rating to a “hold” rating in a report on Friday, May 3rd. JPMorgan Chase & Co. raised their price objective on C.H. Robinson Worldwide from $70.00 to $76.00 and gave the stock an “underweight” rating in a report on Thursday, May 2nd. Susquehanna increased their target price on C.H. Robinson Worldwide from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, May 2nd. Finally, Raymond James began coverage on C.H. Robinson Worldwide in a research note on Wednesday. They issued a “market perform” rating for the company. Six research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, C.H. Robinson Worldwide currently has a consensus rating of “Hold” and an average price target of $82.60.

View Our Latest Stock Analysis on C.H. Robinson Worldwide

C.H. Robinson Worldwide Price Performance

Shares of NASDAQ CHRW opened at $83.35 on Thursday. C.H. Robinson Worldwide, Inc. has a fifty-two week low of $65.00 and a fifty-two week high of $102.24. The business has a 50 day moving average price of $74.31 and a two-hundred day moving average price of $79.02. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.99. The firm has a market cap of $9.76 billion, a PE ratio of 32.94, a price-to-earnings-growth ratio of 3.93 and a beta of 0.75.

C.H. Robinson Worldwide (NASDAQ:CHRWGet Free Report) last issued its quarterly earnings data on Wednesday, May 1st. The transportation company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.26. The firm had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.27 billion. C.H. Robinson Worldwide had a return on equity of 26.34% and a net margin of 1.74%. C.H. Robinson Worldwide’s quarterly revenue was down 4.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.98 EPS. Sell-side analysts expect that C.H. Robinson Worldwide, Inc. will post 3.58 earnings per share for the current fiscal year.

C.H. Robinson Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Stockholders of record on Friday, June 7th will be given a $0.61 dividend. The ex-dividend date of this dividend is Friday, June 7th. This represents a $2.44 annualized dividend and a dividend yield of 2.93%. C.H. Robinson Worldwide’s payout ratio is 96.44%.

C.H. Robinson Worldwide Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for C.H. Robinson Worldwide (NASDAQ:CHRW)

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