Virtu Financial LLC purchased a new stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 3,519 shares of the transportation company’s stock, valued at approximately $268,000.

A number of other large investors also recently added to or reduced their stakes in CHRW. Sei Investments Co. boosted its holdings in C.H. Robinson Worldwide by 874.8% in the second quarter. Sei Investments Co. now owns 8,364 shares of the transportation company’s stock valued at $575,000 after acquiring an additional 7,506 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in shares of C.H. Robinson Worldwide by 3.0% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 723,195 shares of the transportation company’s stock valued at $49,670,000 after buying an additional 21,285 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of C.H. Robinson Worldwide by 9.2% during the 2nd quarter. First Trust Advisors LP now owns 432,735 shares of the transportation company’s stock valued at $29,720,000 after buying an additional 36,501 shares in the last quarter. Teacher Retirement System of Texas bought a new stake in shares of C.H. Robinson Worldwide during the 2nd quarter valued at $4,914,000. Finally, Advisors Asset Management Inc. boosted its holdings in shares of C.H. Robinson Worldwide by 2.5% during the 2nd quarter. Advisors Asset Management Inc. now owns 13,048 shares of the transportation company’s stock valued at $896,000 after buying an additional 313 shares in the last quarter. Institutional investors and hedge funds own 94.68% of the company’s stock.

C.H. Robinson Worldwide, Inc. (CHRW) opened at $87.77 on Thursday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.24 and a quick ratio of 1.24. The stock has a market capitalization of $12,289.84, a PE ratio of 26.26, a PEG ratio of 3.02 and a beta of 0.48. C.H. Robinson Worldwide, Inc. has a 52-week low of $63.41 and a 52-week high of $89.11.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings results on Tuesday, October 31st. The transportation company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.03. The firm had revenue of $3.78 billion during the quarter, compared to analyst estimates of $3.65 billion. C.H. Robinson Worldwide had a return on equity of 36.06% and a net margin of 3.31%. C.H. Robinson Worldwide’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.90 EPS. research analysts expect that C.H. Robinson Worldwide, Inc. will post 3.33 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Monday, December 18th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 2.10%. The ex-dividend date of this dividend is Friday, December 15th. This is a positive change from C.H. Robinson Worldwide’s previous quarterly dividend of $0.45. C.H. Robinson Worldwide’s payout ratio is currently 53.73%.

A number of analysts have recently commented on CHRW shares. Bank of America upgraded shares of C.H. Robinson Worldwide from an “underperform” rating to a “buy” rating and boosted their target price for the company from $70.00 to $86.00 in a report on Tuesday, October 10th. Credit Suisse Group restated a “sell” rating and set a $68.00 target price (up previously from $63.00) on shares of C.H. Robinson Worldwide in a report on Thursday, October 12th. They noted that the move was a valuation call. Stephens upgraded shares of C.H. Robinson Worldwide from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $73.00 to $90.00 in a report on Wednesday, August 30th. Cowen upgraded shares of C.H. Robinson Worldwide from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $68.00 to $87.00 in a report on Monday, October 16th. Finally, UBS upgraded shares of C.H. Robinson Worldwide from a “sell” rating to a “neutral” rating and boosted their target price for the company from $65.00 to $75.00 in a report on Tuesday, September 5th. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company’s stock. C.H. Robinson Worldwide currently has a consensus rating of “Hold” and an average price target of $77.35.

In other news, VP Angela K. Freeman sold 1,300 shares of C.H. Robinson Worldwide stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $80.64, for a total value of $104,832.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Ben G. Campbell sold 4,865 shares of C.H. Robinson Worldwide stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $85.00, for a total value of $413,525.00. Following the completion of the transaction, the vice president now directly owns 29,837 shares of the company’s stock, valued at approximately $2,536,145. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,903 shares of company stock valued at $1,854,925. 0.85% of the stock is owned by insiders.

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C.H. Robinson Worldwide Profile

C.H. Robinson Worldwide, Inc is a provider of transportation services and logistics solutions through a network of offices operating in North America, Europe, Asia, Australia, New Zealand and South America. The Company’s segments include North American Surface Transportation (NAST), Global Forwarding, Robinson Fresh, and All Other and Corporate.

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

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