Avalon Advisors LLC grew its stake in shares of C.H. Robinson Worldwide Inc (NASDAQ:CHRW) by 9.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 353,856 shares of the transportation company’s stock after buying an additional 30,280 shares during the quarter. Avalon Advisors LLC owned 0.26% of C.H. Robinson Worldwide worth $29,756,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Synovus Financial Corp raised its position in shares of C.H. Robinson Worldwide by 80.0% during the 4th quarter. Synovus Financial Corp now owns 288 shares of the transportation company’s stock valued at $25,000 after buying an additional 128 shares in the last quarter. Bremer Trust National Association purchased a new stake in shares of C.H. Robinson Worldwide during the 4th quarter valued at $37,000. JOYN Advisors Inc. raised its position in shares of C.H. Robinson Worldwide by 102.2% during the 4th quarter. JOYN Advisors Inc. now owns 542 shares of the transportation company’s stock valued at $46,000 after buying an additional 274 shares in the last quarter. Financial Gravity Companies Inc. bought a new position in shares of C.H. Robinson Worldwide during the 4th quarter valued at $51,000. Finally, Claybrook Capital LLC bought a new position in shares of C.H. Robinson Worldwide during the 4th quarter valued at $53,000. Hedge funds and other institutional investors own 86.98% of the company’s stock.

In related news, insider Angela K. Freeman sold 2,914 shares of C.H. Robinson Worldwide stock in a transaction dated Thursday, February 14th. The shares were sold at an average price of $91.01, for a total transaction of $265,203.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jordan T. Kass sold 1,382 shares of C.H. Robinson Worldwide stock in a transaction dated Wednesday, February 6th. The shares were sold at an average price of $90.80, for a total transaction of $125,485.60. The disclosure for this sale can be found here. Company insiders own 0.97% of the company’s stock.

CHRW has been the topic of several recent research reports. Zacks Investment Research lowered shares of C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a report on Monday, November 19th. BidaskClub raised shares of C.H. Robinson Worldwide from a “sell” rating to a “hold” rating in a report on Tuesday, November 27th. Finally, Credit Suisse Group reduced their target price on shares of C.H. Robinson Worldwide from $86.00 to $80.00 and set an “underperform” rating on the stock in a report on Tuesday, January 15th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and nine have given a buy rating to the company’s stock. C.H. Robinson Worldwide currently has an average rating of “Hold” and an average target price of $96.67.

CHRW stock opened at $89.34 on Friday. The firm has a market cap of $12.19 billion, a P/E ratio of 18.89, a price-to-earnings-growth ratio of 1.84 and a beta of 0.70. C.H. Robinson Worldwide Inc has a 52 week low of $78.83 and a 52 week high of $101.20. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.92 and a current ratio of 1.92.

C.H. Robinson Worldwide (NASDAQ:CHRW) last announced its quarterly earnings results on Tuesday, January 29th. The transportation company reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.14. C.H. Robinson Worldwide had a net margin of 4.00% and a return on equity of 43.12%. The business had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.24 billion. During the same quarter last year, the firm earned $0.86 EPS. Research analysts expect that C.H. Robinson Worldwide Inc will post 5 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 1st will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, February 28th. This represents a $2.00 dividend on an annualized basis and a yield of 2.24%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is currently 42.28%.

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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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