C.H. Robinson Worldwide, Inc. $CHRW Stock Holdings Increased by Signaturefd LLC

Signaturefd LLC increased its stake in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 1,862.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 36,986 shares of the transportation company’s stock after buying an additional 35,101 shares during the period. Signaturefd LLC’s holdings in C.H. Robinson Worldwide were worth $5,472,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of CHRW. Vann Equity Management LLC bought a new stake in C.H. Robinson Worldwide in the 3rd quarter valued at $641,000. CWS Financial Advisors LLC acquired a new position in C.H. Robinson Worldwide in the 3rd quarter valued at $1,352,000. Argent Capital Management LLC acquired a new position in C.H. Robinson Worldwide in the 1st quarter valued at $5,017,000. Cravens & Co Advisors LLC acquired a new position in C.H. Robinson Worldwide in the 3rd quarter valued at $1,242,000. Finally, Birch Hill Investment Advisors LLC bought a new position in C.H. Robinson Worldwide during the 3rd quarter worth $809,000. Institutional investors and hedge funds own 93.15% of the company’s stock.

Analysts Set New Price Targets

CHRW has been the subject of a number of research reports. Bank of America reissued a “buy” rating and set a $203.00 target price on shares of C.H. Robinson Worldwide in a report on Tuesday, October 6th. Stephens reduced their target price on shares of C.H. Robinson Worldwide from $225.00 to $215.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. JPMorgan Chase & Co. decreased their price target on shares of C.H. Robinson Worldwide from $225.00 to $198.00 and set an “overweight” rating on the stock in a research note on Monday, October 5th. Weiss Ratings lowered shares of C.H. Robinson Worldwide from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, September 1st. Finally, Citizens Jmp assumed coverage on shares of C.H. Robinson Worldwide in a research report on Wednesday, July 15th. They set a “market perform” rating and a $235.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $190.00.

C.H. Robinson Worldwide Trading Down 0.8%

Shares of CHRW stock opened at $141.17 on Friday. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 1.04. The stock has a market cap of $16.50 billion, a P/E ratio of 26.94, a price-to-earnings-growth ratio of 1.17 and a beta of 0.94. The stock has a 50 day simple moving average of $146.52 and a 200 day simple moving average of $166.95. C.H. Robinson Worldwide, Inc. has a 1 year low of $125.41 and a 1 year high of $210.33.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its quarterly earnings results on Wednesday, July 29th. The transportation company reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.08. C.H. Robinson Worldwide had a return on equity of 38.36% and a net margin of 3.73%. The business had revenue of $4.93 billion for the quarter, compared to the consensus estimate of $4.35 billion. During the same quarter in the prior year, the business posted $1.29 earnings per share. The firm’s quarterly revenue was up 19.3% compared to the same quarter last year. On average, research analysts predict that C.H. Robinson Worldwide, Inc. will post 6.26 earnings per share for the current fiscal year.

C.H. Robinson Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 4th were given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Friday, September 4th. C.H. Robinson Worldwide’s dividend payout ratio is presently 48.09%.

About C.H. Robinson Worldwide

C.H. Robinson Worldwide, Inc is a global third-party logistics provider that connects shippers with transportation carriers and other supply-chain resources. The company arranges the movement of freight by truckload, less-than-truckload, intermodal, ocean and air transportation, serving businesses across a range of industries.

Its services include freight brokerage, transportation management, logistics consulting, customs and trade support, shipment tracking, and technology-enabled supply-chain solutions.