Somewhat Positive Media Coverage Somewhat Unlikely to Impact C.H. Robinson Worldwide (CHRW) Share Price
News articles about C.H. Robinson Worldwide (NASDAQ:CHRW) have been trending somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. C.H. Robinson Worldwide earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the transportation company an impact score of 45.8931895062131 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment’s analysis:
- CH Robinson Worldwide Inc (CHRW): Ex-Dividend Is Coming In 3 Days, Should You Buy? (finance.yahoo.com)
- Company news: Toro Co. increases quarterly dividend (startribune.com)
- CH Robinson Worldwide Increases Its Quarterly Cash Dividend – Business Wire (press release) (businesswire.com)
- C.H. Robinson Worldwide, Inc. (CHRW) Announces Quarterly Dividend of $0.46 (americanbankingnews.com)
- CH Robinson Worldwide Hits 80-Plus Relative Strength Rating Benchmark (finance.yahoo.com)
Shares of C.H. Robinson Worldwide (NASDAQ CHRW) traded up $0.03 during mid-day trading on Tuesday, reaching $88.00. 912,938 shares of the company’s stock were exchanged, compared to its average volume of 1,524,408. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.55. C.H. Robinson Worldwide has a one year low of $63.41 and a one year high of $89.11. The stock has a market capitalization of $12,347.12, a P/E ratio of 26.38, a PEG ratio of 3.03 and a beta of 0.48.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Monday, December 18th will be paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.09%. This is an increase from C.H. Robinson Worldwide’s previous quarterly dividend of $0.45. The ex-dividend date is Friday, December 15th. C.H. Robinson Worldwide’s payout ratio is 53.73%.
CHRW has been the topic of a number of recent research reports. Cowen restated a “hold” rating and set a $68.00 price target on shares of C.H. Robinson Worldwide in a research report on Friday, August 25th. Stephens upgraded shares of C.H. Robinson Worldwide from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $73.00 to $90.00 in a research report on Wednesday, August 30th. UBS upgraded shares of C.H. Robinson Worldwide from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $65.00 to $75.00 in a research report on Tuesday, September 5th. Zacks Investment Research upgraded shares of C.H. Robinson Worldwide from a “sell” rating to a “hold” rating in a research report on Tuesday, September 19th. Finally, KeyCorp restated a “buy” rating and set a $78.00 price target on shares of C.H. Robinson Worldwide in a research report on Tuesday, September 26th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $77.35.
In other news, insider Jordan T. Kass sold 1,738 shares of the business’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $1,917,405. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP James Lemke sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $79.98, for a total transaction of $1,199,700.00. 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 three months. Insiders own 0.85% of the company’s stock.
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About C.H. Robinson Worldwide
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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