Saratoga Research & Investment Management increased its position in C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) by 2.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 675,335 shares of the company’s stock after buying an additional 14,407 shares during the period. C.H. Robinson Worldwide accounts for 4.5% of Saratoga Research & Investment Management’s holdings, making the stock its 7th largest position. Saratoga Research & Investment Management owned about 0.47% of C.H. Robinson Worldwide worth $50,144,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Commonwealth Equity Services Inc raised its position in shares of C.H. Robinson Worldwide by 1.1% in the first quarter. Commonwealth Equity Services Inc now owns 4,609 shares of the company’s stock valued at $342,000 after buying an additional 52 shares during the last quarter. Ngam Advisors L.P. raised its position in shares of C.H. Robinson Worldwide by 96.9% in the first quarter. Ngam Advisors L.P. now owns 23,973 shares of the company’s stock valued at $1,780,000 after buying an additional 11,797 shares during the last quarter. BlackRock Japan Co. Ltd raised its position in shares of C.H. Robinson Worldwide by 0.3% in the first quarter. BlackRock Japan Co. Ltd now owns 176,193 shares of the company’s stock valued at $13,079,000 after buying an additional 563 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of C.H. Robinson Worldwide by 10.2% in the first quarter. JPMorgan Chase & Co. now owns 463,834 shares of the company’s stock valued at $34,432,000 after buying an additional 42,939 shares during the last quarter. Finally, NN Investment Partners Holdings N.V. acquired a new position in shares of C.H. Robinson Worldwide during the first quarter valued at about $1,343,000. 82.33% of the stock is currently owned by institutional investors and hedge funds.

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

C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) traded down 2.26% on Monday, reaching $68.67. 3,417,545 shares of the company’s stock were exchanged. The company has a market capitalization of $9.80 billion, a P/E ratio of 18.71 and a beta of 0.28. C.H. Robinson Worldwide Inc. has a 1-year low of $59.71 and a 1-year high of $76.10. The firm has a 50-day moving average price of $69.58 and a 200-day moving average price of $71.59.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its earnings results on Tuesday, July 26th. The company reported $1.00 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.00. The firm had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.42 billion. C.H. Robinson Worldwide had a net margin of 4.06% and a return on equity of 44.60%. The company’s revenue was down 6.9% on a year-over-year basis. During the same period last year, the firm posted $0.94 EPS. Equities research analysts expect that C.H. Robinson Worldwide Inc. will post $3.69 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 30th. Investors of record on Friday, September 2nd were given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date was Wednesday, August 31st. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is 46.87%.

Several equities analysts recently issued reports on CHRW shares. Zacks Investment Research lowered shares of C.H. Robinson Worldwide from a “hold” rating to a “sell” rating in a report on Tuesday, June 28th. JPMorgan Chase & Co. started coverage on shares of C.H. Robinson Worldwide in a report on Monday, July 11th. They set an “underweight” rating and a $66.00 price objective on the stock. Citigroup Inc. lowered shares of C.H. Robinson Worldwide to a “market perform” rating in a report on Monday, July 18th. They noted that the move was a valuation call. Raymond James Financial Inc. reissued a “market perform” rating on shares of C.H. Robinson Worldwide in a report on Monday, July 18th. Finally, Barclays PLC lowered their target price on shares of C.H. Robinson Worldwide from $81.00 to $78.00 and set an “overweight” rating for the company in a research note on Wednesday, July 27th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $75.08.

About C.H. Robinson Worldwide

C.H. Robinson Worldwide, Inc (C.H. Robinson) is a third-party logistics company. The Company provides freight transportation services and logistics solutions to companies of all sizes, in a variety of industries. C.H. Robinson has handled approximately 16.9 million shipments, and worked with over 110,000 active customers.

5 Day Chart for NASDAQ:CHRW

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