C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) saw unusually-strong trading volume on Friday . Approximately 2,466,377 shares were traded during mid-day trading, an increase of 48% from the previous session’s volume of 1,662,427 shares.The stock last traded at $71.94 and had previously closed at $72.30.

Several research analysts have recently commented on CHRW shares. Wolfe Research downgraded C.H. Robinson Worldwide from an “outperform” rating to a “hold” rating in a report on Friday, April 1st. KeyCorp upgraded C.H. Robinson Worldwide from a “sector weight” rating to an “overweight” rating and set a $82.00 price objective on the stock in a report on Thursday, April 14th. Zacks Investment Research upgraded C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $82.00 price objective on the stock in a report on Tuesday, April 5th. Buckingham Research lifted their price objective on C.H. Robinson Worldwide from $80.00 to $83.00 and gave the stock a “buy” rating in a report on Thursday, April 21st. Finally, JPMorgan Chase & Co. started coverage on C.H. Robinson Worldwide in a report on Monday. They issued an “underweight” rating and a $66.00 price objective on the stock. Five analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company’s stock. C.H. Robinson Worldwide currently has an average rating of “Hold” and an average target price of $75.06.

The stock’s 50-day moving average is $73.18 and its 200-day moving average is $70.92. The firm has a market cap of $10.27 billion and a price-to-earnings ratio of 19.92.

C.H. Robinson Worldwide (NASDAQ:CHRW) last announced its quarterly earnings data on Tuesday, April 26th. The company reported $0.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.01. During the same period in the previous year, the business earned $0.73 EPS. The firm earned $3.07 billion during the quarter, compared to the consensus estimate of $3.19 billion. The firm’s revenue for the quarter was down 6.9% on a year-over-year basis. Equities analysts anticipate that C.H. Robinson Worldwide Inc. will post $3.77 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Friday, June 3rd were paid a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 2.39%. The ex-dividend date was Wednesday, June 1st.

In other C.H. Robinson Worldwide news, VP Angela K. Freeman sold 2,200 shares of the firm’s stock in a transaction dated Monday, May 9th. The shares were sold at an average price of $73.15, for a total value of $160,930.00. Following the completion of the sale, the vice president now owns 26,995 shares of the company’s stock, valued at $1,974,684.25. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Jordan T. Kass sold 4,076 shares of the firm’s stock in a transaction dated Friday, April 29th. The stock was sold at an average price of $70.90, for a total transaction of $288,988.40. Following the completion of the sale, the insider now directly owns 25,698 shares of the company’s stock, valued at approximately $1,821,988.20. The disclosure for this sale can be found here.

A number of hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of C.H. Robinson Worldwide by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 13,186,480 shares of the company’s stock valued at $817,825,000 after buying an additional 481,119 shares during the last quarter. Baillie Gifford & Co. raised its position in shares of C.H. Robinson Worldwide by 5.7% in the fourth quarter. Baillie Gifford & Co. now owns 5,996,891 shares of the company’s stock worth $371,927,000 after buying an additional 323,463 shares during the period. Eaton Vance Management raised its position in shares of C.H. Robinson Worldwide by 21.1% in the fourth quarter. Eaton Vance Management now owns 3,144,424 shares of the company’s stock worth $195,017,000 after buying an additional 547,424 shares during the period. Schroder Investment Management Group raised its position in shares of C.H. Robinson Worldwide by 78.7% in the fourth quarter. Schroder Investment Management Group now owns 1,669,862 shares of the company’s stock worth $103,565,000 after buying an additional 735,662 shares during the period. Finally, Seizert Capital Partners LLC raised its position in shares of C.H. Robinson Worldwide by 10.5% in the fourth quarter. Seizert Capital Partners LLC now owns 883,661 shares of the company’s stock worth $54,805,000 after buying an additional 84,188 shares during the period.

C.H. Robinson Worldwide, Inc (C.H. Robinson) is a third-party logistics company. The Company provides freight transportation services and logistics solutions to companies of all sizes, in a variety of industries. C.H. Robinson has handled approximately 16.9 million shipments, and worked with over 110,000 active customers.

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