Kirr Marbach & Co. LLC IN Makes New $3.52 Million Investment in C.H. Robinson Worldwide, Inc. $CHRW

Kirr Marbach & Co. LLC IN purchased a new position in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 21,194 shares of the transportation company’s stock, valued at approximately $3,523,000.

Several other large investors have also bought and sold shares of CHRW. Bank of Jackson Hole Trust acquired a new position in C.H. Robinson Worldwide during the 4th quarter worth approximately $25,000. Vermillion & White Wealth Management Group LLC bought a new position in shares of C.H. Robinson Worldwide in the 3rd quarter valued at $27,000. DV Equities LLC bought a new stake in C.H. Robinson Worldwide during the 4th quarter worth $27,000. CYBER HORNET ETFs LLC acquired a new position in C.H. Robinson Worldwide in the 2nd quarter worth about $30,000. Finally, Clearstead Advisors LLC raised its position in C.H. Robinson Worldwide by 110.3% in the third quarter. Clearstead Advisors LLC now owns 244 shares of the transportation company’s stock valued at $32,000 after purchasing an additional 128 shares during the last quarter. 93.15% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently issued reports on CHRW. Stifel Nicolaus upped their price objective on C.H. Robinson Worldwide from $202.00 to $207.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Robert W. Baird set a $230.00 price target on shares of C.H. Robinson Worldwide in a research note on Friday, May 1st. Wells Fargo & Company boosted their price objective on shares of C.H. Robinson Worldwide from $210.00 to $215.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Weiss Ratings lowered C.H. Robinson Worldwide from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 21st. Finally, Bank of America reduced their price target on C.H. Robinson Worldwide from $225.00 to $219.00 and set a “buy” rating on the stock in a research report on Friday, March 27th. Sixteen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $195.65.

C.H. Robinson Worldwide Stock Performance

Shares of C.H. Robinson Worldwide stock opened at $178.84 on Wednesday. The business has a 50-day moving average price of $178.92 and a two-hundred day moving average price of $175.57. C.H. Robinson Worldwide, Inc. has a 1-year low of $92.36 and a 1-year high of $203.34. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.79. The company has a market cap of $21.08 billion, a P/E ratio of 36.20, a PEG ratio of 1.62 and a beta of 0.91.

C.H. Robinson Worldwide (NASDAQ:CHRW) last announced its quarterly earnings data on Wednesday, April 29th. The transportation company reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.11. C.H. Robinson Worldwide had a return on equity of 35.49% and a net margin of 3.70%.The company had revenue of $4.01 billion for the quarter, compared to the consensus estimate of $4.05 billion. During the same period in the previous year, the business earned $1.17 EPS. The firm’s revenue was down .9% compared to the same quarter last year. As a group, analysts anticipate that C.H. Robinson Worldwide, Inc. will post 6.09 EPS for the current year.

C.H. Robinson Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Friday, June 5th will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $2.52 annualized dividend and a dividend yield of 1.4%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is 51.01%.

About C.H. Robinson Worldwide

C.H. Robinson Worldwide, Inc is a third-party logistics provider founded in 1905 and headquartered in Eden Prairie, Minnesota. Originally established as a produce brokerage firm, the company has since expanded its offerings to become one of the world’s largest freight and logistics intermediaries. C.H. Robinson leverages a global network of transportation providers, technology platforms, and in-house expertise to connect shippers and carriers across multiple modes of transportation.

The company’s primary services include truckload, less-than-truckload (LTL), intermodal, air and ocean freight, and managed transportation solutions.