C. H. Robinson (CHRW) Receives $81.79 Consensus PT from Brokerages
Shares of C. H. Robinson (NASDAQ:CHRW) have received an average recommendation of “Hold” from the twenty-two analysts that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $81.79.
A number of equities research analysts have recently weighed in on the stock. Robert W. Baird restated a “hold” rating and issued a $100.00 price objective on shares of C. H. Robinson in a report on Tuesday. BidaskClub lowered shares of C. H. Robinson from a “strong-buy” rating to a “buy” rating in a report on Saturday, April 7th. Morgan Stanley lowered their price objective on shares of C. H. Robinson from $70.00 to $68.00 and set an “underweight” rating for the company in a report on Friday, April 6th. Zacks Investment Research lowered shares of C. H. Robinson from a “buy” rating to a “hold” rating in a report on Wednesday, April 4th. Finally, ValuEngine upgraded shares of C. H. Robinson from a “hold” rating to a “buy” rating in a report on Monday, April 2nd.
Shares of CHRW traded down $1.14 during mid-day trading on Wednesday, reaching $94.27. The company’s stock had a trading volume of 1,260,219 shares, compared to its average volume of 1,170,051. The firm has a market cap of $13,302.33, a price-to-earnings ratio of 27.09, a PEG ratio of 2.37 and a beta of 0.41. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.26 and a current ratio of 1.26. C. H. Robinson has a 52 week low of $63.41 and a 52 week high of $100.18.
The company also recently announced a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Friday, March 2nd were paid a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 1.95%. The ex-dividend date of this dividend was Thursday, March 1st. C. H. Robinson’s payout ratio is 52.87%.
In other C. H. Robinson news, CEO John Wiehoff sold 13,946 shares of the business’s stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $92.08, for a total transaction of $1,284,147.68. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Chris Obrien sold 3,909 shares of the business’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $90.85, for a total transaction of $355,132.65. Following the transaction, the insider now directly owns 23,149 shares in the company, valued at $2,103,086.65. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 29,248 shares of company stock worth $2,704,578. 0.97% of the stock is owned by insiders.
A number of institutional investors have recently modified their holdings of CHRW. Wolverine Asset Management LLC purchased a new position in C. H. Robinson during the 4th quarter valued at $138,000. Captrust Financial Advisors purchased a new position in C. H. Robinson during the 4th quarter valued at $177,000. Independence Bank of Kentucky purchased a new position in C. H. Robinson during the 4th quarter valued at $186,000. Private Advisor Group LLC purchased a new position in C. H. Robinson during the 4th quarter valued at $204,000. Finally, Personal Capital Advisors Corp purchased a new position in C. H. Robinson during the 4th quarter valued at $213,000. 94.08% of the stock is currently owned by institutional investors and hedge funds.
About C. H. Robinson
C.H. Robinson Worldwide, Inc, a third party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. The company operates through three segments: North American Surface Transportation, Global Forwarding, and Robinson Fresh. It offers transportation and logistics services, such as truckload; less than truckload transportation which include the shipment of single or multiple pallets of freight; intermodal transportation, which is shipment service of freight in trailers or containers by a combination of truck and rail; and non-vessel ocean common carrier or freight forwarding services, as well as organizes air shipments and provides door-to-door services.
Receive News & Ratings for C. H. Robinson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for C. H. Robinson and related companies with MarketBeat.com's FREE daily email newsletter.