Shares of C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) were down 0.8% on Monday . The stock traded as low as $69.08 and last traded at $69.14, with a volume of 258,118 shares trading hands. The stock had previously closed at $69.68.

Several analysts have weighed in on CHRW shares. Buckingham Research boosted their target price on shares of C.H. Robinson Worldwide from $80.00 to $83.00 and gave the company a “buy” rating in a research note on Thursday, April 21st. Stephens lowered shares of C.H. Robinson Worldwide from an “overweight” rating to an “equal weight” rating and set a $76.00 target price for the company. in a research note on Thursday, April 28th. BMO Capital Markets reiterated a “hold” rating and set a $71.00 target price on shares of C.H. Robinson Worldwide in a research note on Thursday, July 28th. BB&T Corp. lowered shares of C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a research note on Wednesday, April 27th. They noted that the move was a valuation call. Finally, Raymond James Financial Inc. reiterated a “market perform” rating on shares of C.H. Robinson Worldwide in a research note on Monday, July 18th. Five research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have given a buy rating to the stock. C.H. Robinson Worldwide has an average rating of “Hold” and an average target price of $75.17.

The company’s 50 day moving average price is $71.29 and its 200-day moving average price is $71.95. The stock has a market capitalization of $9.88 billion and a P/E ratio of 18.86.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its quarterly earnings data on Tuesday, July 26th. The company reported $1.00 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.00. The company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.42 billion. The firm’s revenue was down 6.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.94 earnings per share. On average, equities research analysts predict that C.H. Robinson Worldwide Inc. will post $3.69 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Friday, September 2nd will be issued a dividend of $0.43 per share. The ex-dividend date is Wednesday, August 31st. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.48%.

Several hedge funds and institutional investors recently modified their holdings of the stock. Dorsey & Whitney Trust CO LLC boosted its position in shares of C.H. Robinson Worldwide by 7.2% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 53,307 shares of the company’s stock worth $3,307,000 after buying an additional 3,575 shares during the last quarter. Gyroscope Capital Management Group LLC boosted its position in shares of C.H. Robinson Worldwide by 0.4% in the fourth quarter. Gyroscope Capital Management Group LLC now owns 53,548 shares of the company’s stock worth $3,321,000 after buying an additional 200 shares during the last quarter. BlackRock Advisors LLC boosted its position in shares of C.H. Robinson Worldwide by 49.8% in the fourth quarter. BlackRock Advisors LLC now owns 160,471 shares of the company’s stock worth $9,953,000 after buying an additional 53,363 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. boosted its position in shares of C.H. Robinson Worldwide by 2.4% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 20,442 shares of the company’s stock worth $1,268,000 after buying an additional 479 shares during the last quarter. Finally, BNP Paribas Arbitrage SA boosted its position in shares of C.H. Robinson Worldwide by 105.0% in the fourth quarter. BNP Paribas Arbitrage SA now owns 16,315 shares of the company’s stock worth $1,012,000 after buying an additional 8,355 shares during the last quarter.

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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