Traders sold shares of C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) on strength during trading hours on Friday. $15.78 million flowed into the stock on the tick-up and $33.40 million flowed out of the stock on the tick-down, for a money net flow of $17.62 million out of the stock. Of all stocks tracked, C.H. Robinson Worldwide had the 0th highest net out-flow for the day. C.H. Robinson Worldwide traded up $0.46 for the day and closed at $69.42

A number of research analysts recently commented on the company. Morgan Stanley reiterated a “sell” rating on shares of C.H. Robinson Worldwide in a report on Tuesday, April 26th. Royal Bank Of Canada decreased their price objective on C.H. Robinson Worldwide from $80.00 to $76.00 and set an “outperform” rating on the stock in a report on Thursday, July 28th. BMO Capital Markets reiterated a “hold” rating and issued a $71.00 price objective on shares of C.H. Robinson Worldwide in a report on Thursday, July 28th. Zacks Investment Research cut C.H. Robinson Worldwide from a “hold” rating to a “sell” rating in a report on Tuesday, June 28th. Finally, RBC Capital Markets reiterated an “outperform” rating and issued a $76.00 price objective (down from $80.00) on shares of C.H. Robinson Worldwide in a report on Thursday, July 28th. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $75.17.

The stock has a market capitalization of $9.91 billion and a PE ratio of 18.91. The company has a 50-day moving average price of $70.85 and a 200 day moving average price of $71.98.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its earnings results on Tuesday, July 26th. The company reported $1.00 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.00. During the same period in the previous year, the firm earned $0.94 earnings per share. The firm had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.42 billion. The company’s revenue for the quarter was down 6.9% on a year-over-year basis. Analysts expect that C.H. Robinson Worldwide Inc. will post $3.69 EPS for the current year.

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

A number of hedge funds and institutional investors have recently bought and sold shares of CHRW. Dorsey & Whitney Trust CO LLC raised its position in 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. BNP Paribas Arbitrage SA raised its position in 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. Matarin Capital Management LLC purchased a new position in C.H. Robinson Worldwide during the fourth quarter worth about $3,207,000. Principal Financial Group Inc. raised its position in C.H. Robinson Worldwide by 3.1% in the fourth quarter. Principal Financial Group Inc. now owns 219,686 shares of the company’s stock worth $13,625,000 after buying an additional 6,616 shares during the last quarter. Finally, Employees Retirement System of Texas raised its position in C.H. Robinson Worldwide by 660.0% in the fourth quarter. Employees Retirement System of Texas now owns 38,000 shares of the company’s stock worth $2,357,000 after buying an additional 33,000 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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