11,279 Shares of C.H. Robinson Worldwide, Inc. $CHRW Purchased by AA Financial Advisors LLC

AA Financial Advisors LLC purchased a new position in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 11,279 shares of the transportation company’s stock, valued at approximately $1,669,000.

A number of other hedge funds have also recently added to or reduced their stakes in CHRW. Greg Jennings LLC acquired a new stake in C.H. Robinson Worldwide in the 3rd quarter valued at about $315,000. Abel Hall LLC bought a new position in shares of C.H. Robinson Worldwide in the third quarter worth about $605,000. Crown Wealth Group LLC acquired a new position in shares of C.H. Robinson Worldwide during the third quarter worth approximately $236,000. Talbot Financial LLC bought a new stake in shares of C.H. Robinson Worldwide during the third quarter valued at approximately $10,563,000. Finally, Investment Research & Advisory Group Inc. bought a new stake in shares of C.H. Robinson Worldwide during the third quarter valued at approximately $3,096,000. Institutional investors own 93.15% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on CHRW. TD Cowen reissued a “hold” rating on shares of C.H. Robinson Worldwide in a report on Tuesday, October 6th. Weiss Ratings downgraded C.H. Robinson Worldwide from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, September 1st. Bank of America reaffirmed a “buy” rating and set a $203.00 price objective on shares of C.H. Robinson Worldwide in a report on Tuesday, October 6th. Wall Street Zen upgraded C.H. Robinson Worldwide from a “hold” rating to a “buy” rating in a research report on Wednesday, October 14th. Finally, Evercore set a $217.00 target price on C.H. Robinson Worldwide in a research note on Tuesday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, C.H. Robinson Worldwide has an average rating of “Moderate Buy” and an average target price of $190.00.

C.H. Robinson Worldwide Trading Down 0.5%

C.H. Robinson Worldwide stock traded down $0.64 during trading hours on Monday, reaching $138.85. 1,228,658 shares of the company’s stock traded hands, compared to its average volume of 1,978,217. The firm has a market capitalization of $16.22 billion, a price-to-earnings ratio of 26.50, a PEG ratio of 1.16 and a beta of 0.94. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.58 and a current ratio of 1.58. C.H. Robinson Worldwide, Inc. has a fifty-two week low of $125.35 and a fifty-two week high of $210.33. The firm’s 50 day moving average is $147.20 and its 200-day moving average is $167.89.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its quarterly earnings results on Wednesday, July 29th. The transportation company reported $1.61 EPS for the quarter, topping the consensus estimate of $1.53 by $0.08. The company had revenue of $4.93 billion during the quarter, compared to analysts’ expectations of $4.35 billion. C.H. Robinson Worldwide had a net margin of 3.73% and a return on equity of 38.36%. C.H. Robinson Worldwide’s revenue was up 19.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.29 EPS. On average, analysts predict that C.H. Robinson Worldwide, Inc. will post 6.26 earnings per share for the current year.

C.H. Robinson Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 4th were paid a $0.63 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $2.52 dividend on an annualized basis and a yield of 1.8%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 48.09%.

C.H. Robinson Worldwide Profile

C.H. Robinson Worldwide, Inc is a global third-party logistics provider that connects shippers with transportation carriers and other supply-chain resources. The company arranges the movement of freight by truckload, less-than-truckload, intermodal, ocean and air transportation, serving businesses across a range of industries.

Its services include freight brokerage, transportation management, logistics consulting, customs and trade support, shipment tracking, and technology-enabled supply-chain solutions.