Rockland Trust Co. increased its holdings in shares of C.H. Robinson Worldwide Inc (NASDAQ:CHRW) by 1.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 107,272 shares of the transportation company’s stock after purchasing an additional 1,854 shares during the period. Rockland Trust Co.’s holdings in C.H. Robinson Worldwide were worth $9,021,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc lifted its position in shares of C.H. Robinson Worldwide by 3.1% during the 3rd quarter. Vanguard Group Inc now owns 16,437,440 shares of the transportation company’s stock worth $1,609,555,000 after purchasing an additional 491,114 shares during the last quarter. BlackRock Inc. lifted its position in shares of C.H. Robinson Worldwide by 0.6% during the 3rd quarter. BlackRock Inc. now owns 11,359,614 shares of the transportation company’s stock worth $1,112,336,000 after purchasing an additional 62,958 shares during the last quarter. Baillie Gifford & Co. raised its holdings in C.H. Robinson Worldwide by 0.6% in the 3rd quarter. Baillie Gifford & Co. now owns 5,109,844 shares of the transportation company’s stock valued at $500,356,000 after acquiring an additional 29,720 shares in the last quarter. FMR LLC raised its holdings in C.H. Robinson Worldwide by 42.0% in the 3rd quarter. FMR LLC now owns 4,178,198 shares of the transportation company’s stock valued at $409,129,000 after acquiring an additional 1,235,725 shares in the last quarter. Finally, Janus Henderson Group PLC raised its holdings in C.H. Robinson Worldwide by 26.7% in the 3rd quarter. Janus Henderson Group PLC now owns 1,578,665 shares of the transportation company’s stock valued at $154,583,000 after acquiring an additional 332,606 shares in the last quarter. 85.78% of the stock is owned by institutional investors and hedge funds.

Several research firms have commented on CHRW. Zacks Investment Research raised C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $96.00 price target for the company in a report on Tuesday. Credit Suisse Group reissued an “underperform” rating and issued a $80.00 target price (down from $86.00) on shares of C.H. Robinson Worldwide in a report on Tuesday. BidaskClub raised C.H. Robinson Worldwide from a “sell” rating to a “hold” rating in a report on Tuesday, November 27th. Finally, Citigroup dropped their target price on C.H. Robinson Worldwide from $111.00 to $102.00 and set a “buy” rating for the company in a report on Wednesday, October 31st. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $96.27.

NASDAQ CHRW traded up $0.37 during trading hours on Wednesday, reaching $85.60. 5,270 shares of the company’s stock were exchanged, compared to its average volume of 1,043,919. The firm has a market cap of $11.80 billion, a PE ratio of 24.66, a price-to-earnings-growth ratio of 1.92 and a beta of 0.62. C.H. Robinson Worldwide Inc has a one year low of $78.83 and a one year high of $101.20. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.85 and a quick ratio of 1.85.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its quarterly earnings results on Tuesday, October 30th. The transportation company reported $1.25 EPS for the quarter, topping the Zacks’ consensus estimate of $1.17 by $0.08. The business had revenue of $4.29 billion for the quarter, compared to analyst estimates of $4.30 billion. C.H. Robinson Worldwide had a return on equity of 41.22% and a net margin of 3.83%. C.H. Robinson Worldwide’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.85 EPS. As a group, equities analysts expect that C.H. Robinson Worldwide Inc will post 4.59 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, December 31st. Investors of record on Monday, December 17th were given a dividend of $0.50 per share. The ex-dividend date was Friday, December 14th. This is a positive change from C.H. Robinson Worldwide’s previous quarterly dividend of $0.46. This represents a $2.00 dividend on an annualized basis and a yield of 2.34%. C.H. Robinson Worldwide’s dividend payout ratio is 57.47%.

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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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