Cascade Investment Advisors Inc. trimmed its position in shares of C.H. Robinson Worldwide Inc (NASDAQ:CHRW) by 3.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,500 shares of the transportation company’s stock after selling 415 shares during the quarter. Cascade Investment Advisors Inc.’s holdings in C.H. Robinson Worldwide were worth $913,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in CHRW. Dimensional Fund Advisors LP lifted its holdings in shares of C.H. Robinson Worldwide by 9.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 643,337 shares of the transportation company’s stock valued at $62,993,000 after buying an additional 54,646 shares during the last quarter. Franklin Resources Inc. raised its stake in shares of C.H. Robinson Worldwide by 60.8% in the 3rd quarter. Franklin Resources Inc. now owns 22,955 shares of the transportation company’s stock valued at $2,248,000 after acquiring an additional 8,682 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of C.H. Robinson Worldwide in the 3rd quarter valued at approximately $500,000. Allianz Asset Management GmbH bought a new position in shares of C.H. Robinson Worldwide in the 3rd quarter valued at approximately $200,000. Finally, Renaissance Technologies LLC raised its stake in shares of C.H. Robinson Worldwide by 5,659.5% in the 3rd quarter. Renaissance Technologies LLC now owns 363,308 shares of the transportation company’s stock valued at $35,575,000 after acquiring an additional 357,000 shares in the last quarter. Institutional investors and hedge funds own 87.91% of the company’s stock.

Shares of NASDAQ CHRW opened at $90.79 on Monday. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.84. The company has a market capitalization of $12.47 billion, a price-to-earnings ratio of 19.19, a price-to-earnings-growth ratio of 1.85 and a beta of 0.69. C.H. Robinson Worldwide Inc has a 12 month low of $78.83 and a 12 month high of $101.20.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its quarterly earnings data on Tuesday, January 29th. The transportation company reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. The business had revenue of $4.14 billion for the quarter, compared to analysts’ expectations of $4.24 billion. C.H. Robinson Worldwide had a return on equity of 43.12% and a net margin of 4.00%. During the same period in the previous year, the business posted $0.86 earnings per share. On average, research analysts forecast that C.H. Robinson Worldwide Inc will post 5.01 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 1st were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date of this dividend was Thursday, February 28th. C.H. Robinson Worldwide’s dividend payout ratio is presently 42.28%.

Several research analysts have commented on the company. Zacks Investment Research downgraded C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a research report on Tuesday, March 26th. BidaskClub raised C.H. Robinson Worldwide from a “strong sell” rating to a “sell” rating in a research report on Wednesday, April 3rd. Susquehanna Bancshares downgraded C.H. Robinson Worldwide from a “positive” rating to a “neutral” rating in a research report on Wednesday, April 10th. Barclays lifted their price target on C.H. Robinson Worldwide from $95.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 4th. Finally, Stifel Nicolaus set a $99.00 price target on C.H. Robinson Worldwide and gave the stock a “hold” rating in a research report on Monday, March 25th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and six have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $96.13.

In related news, insider Jordan T. Kass sold 1,382 shares of the business’s stock in a transaction on Wednesday, February 6th. The stock was sold at an average price of $90.80, for a total value of $125,485.60. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Angela K. Freeman sold 2,914 shares of the business’s stock in a transaction on Thursday, February 14th. The shares were sold at an average price of $91.01, for a total value of $265,203.14. The disclosure for this sale can be found here. Insiders own 1.65% of the company’s stock.

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C.H. Robinson Worldwide Company Profile

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.

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

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