C.H. Robinson Worldwide Inc (NASDAQ:CHRW) hit a new 52-week high during trading on Monday . The company traded as high as $90.89 and last traded at $89.57, with a volume of 902500 shares traded. The stock had previously closed at $89.72.

A number of equities research analysts recently commented on the stock. Robert W. Baird restated a “hold” rating and set a $90.00 price objective on shares of C.H. Robinson Worldwide in a report on Tuesday. Zacks Investment Research lowered shares of C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a report on Monday. Citigroup upgraded shares of C.H. Robinson Worldwide from a “neutral” rating to a “buy” rating in a report on Thursday, January 4th. Goldman Sachs Group assumed coverage on shares of C.H. Robinson Worldwide in a report on Monday, November 13th. They set a “neutral” rating and a $78.00 price objective on the stock. Finally, Credit Suisse Group raised their price objective on shares of C.H. Robinson Worldwide from $68.00 to $69.00 and gave the stock an “underperform” rating in a report on Thursday, November 2nd. Four equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $78.18.

The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.55. The stock has a market cap of $12,750.00, a P/E ratio of 27.30, a PEG ratio of 2.77 and a beta of 0.48.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its quarterly earnings results on Tuesday, October 31st. The transportation company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.03. C.H. Robinson Worldwide had a net margin of 3.31% and a return on equity of 36.06%. The firm had revenue of $3.78 billion for the quarter, compared to analyst estimates of $3.65 billion. During the same period in the previous year, the business earned $0.90 EPS. The company’s revenue was up 12.8% compared to the same quarter last year. equities analysts expect that C.H. Robinson Worldwide Inc will post 3.34 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Monday, December 18th were paid a $0.46 dividend. This is a positive change from C.H. Robinson Worldwide’s previous quarterly dividend of $0.45. This represents a $1.84 annualized dividend and a yield of 2.01%. The ex-dividend date of this dividend was Friday, December 15th. C.H. Robinson Worldwide’s payout ratio is presently 54.93%.

In other C.H. Robinson Worldwide news, insider Jordan T. Kass sold 1,738 shares of C.H. Robinson Worldwide stock in a transaction on Monday, November 6th. The shares were sold at an average price of $78.75, for a total value of $136,867.50. Following the sale, the insider now directly owns 24,348 shares in the company, valued at approximately $1,917,405. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Angela K. Freeman sold 1,300 shares of C.H. Robinson Worldwide stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $80.64, for a total transaction of $104,832.00. The disclosure for this sale can be found here. Insiders sold a total of 22,903 shares of company stock worth $1,854,925 over the last quarter. Company insiders own 0.85% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in CHRW. First Eagle Investment Management LLC grew its position in shares of C.H. Robinson Worldwide by 51.4% in the 3rd quarter. First Eagle Investment Management LLC now owns 6,370,010 shares of the transportation company’s stock valued at $484,758,000 after acquiring an additional 2,161,520 shares during the period. Harris Associates L P grew its position in shares of C.H. Robinson Worldwide by 273.2% in the 2nd quarter. Harris Associates L P now owns 1,027,045 shares of the transportation company’s stock valued at $70,537,000 after acquiring an additional 751,820 shares during the period. Janus Henderson Group PLC grew its position in shares of C.H. Robinson Worldwide by 3,618.9% in the 2nd quarter. Janus Henderson Group PLC now owns 566,205 shares of the transportation company’s stock valued at $38,887,000 after acquiring an additional 550,980 shares during the period. Alliancebernstein L.P. grew its position in shares of C.H. Robinson Worldwide by 168.7% in the 2nd quarter. Alliancebernstein L.P. now owns 793,718 shares of the transportation company’s stock valued at $54,513,000 after acquiring an additional 498,362 shares during the period. Finally, Capital International Investors grew its position in shares of C.H. Robinson Worldwide by 5.6% in the 3rd quarter. Capital International Investors now owns 9,166,834 shares of the transportation company’s stock valued at $697,596,000 after acquiring an additional 488,372 shares during the period. 94.22% of the stock is owned by institutional investors.

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C.H. Robinson Worldwide Company 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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