WINTON GROUP Ltd Makes New Investment in C.H. Robinson Worldwide, Inc. $CHRW

WINTON GROUP Ltd purchased a new stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 17,284 shares of the transportation company’s stock, valued at approximately $2,288,000.

Other large investors also recently made changes to their positions in the company. Jones Financial Companies Lllp raised its holdings in shares of C.H. Robinson Worldwide by 2.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,563 shares of the transportation company’s stock worth $338,000 after purchasing an additional 69 shares in the last quarter. UMB Bank n.a. boosted its holdings in C.H. Robinson Worldwide by 16.7% during the third quarter. UMB Bank n.a. now owns 656 shares of the transportation company’s stock worth $87,000 after buying an additional 94 shares in the last quarter. Empirical Asset Management LLC boosted its holdings in C.H. Robinson Worldwide by 1.8% during the third quarter. Empirical Asset Management LLC now owns 5,760 shares of the transportation company’s stock worth $763,000 after buying an additional 102 shares in the last quarter. Assetmark Inc. grew its position in C.H. Robinson Worldwide by 26.3% in the second quarter. Assetmark Inc. now owns 529 shares of the transportation company’s stock worth $51,000 after buying an additional 110 shares during the last quarter. Finally, Clearstead Advisors LLC grew 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 worth $32,000 after buying an additional 128 shares during the last quarter. Institutional investors own 93.15% of the company’s stock.

Insider Activity

In other C.H. Robinson Worldwide news, insider Arun Rajan bought 605 shares of the stock in a transaction on Thursday, February 12th. The shares were bought at an average price of $167.11 per share, with a total value of $101,101.55. Following the purchase, the insider directly owned 133,656 shares in the company, valued at $22,335,254.16. The trade was a 0.45% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Angela K. Freeman sold 8,579 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $200.52, for a total value of $1,720,261.08. Following the completion of the transaction, the insider owned 55,611 shares in the company, valued at $11,151,117.72. This represents a 13.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders acquired 2,422 shares of company stock worth $400,801 and sold 21,416 shares worth $4,157,630. 0.91% of the stock is owned by insiders.

C.H. Robinson Worldwide Trading Down 3.3%

NASDAQ CHRW opened at $175.86 on Wednesday. The firm’s 50 day moving average price is $180.97 and its two-hundred day moving average price is $156.31. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.53 and a current ratio of 1.53. C.H. Robinson Worldwide, Inc. has a twelve month low of $84.68 and a twelve month high of $203.34. The stock has a market cap of $20.86 billion, a price-to-earnings ratio of 36.41, a PEG ratio of 1.91 and a beta of 0.90.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its earnings results on Wednesday, January 28th. The transportation company reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.11. C.H. Robinson Worldwide had a return on equity of 34.24% and a net margin of 3.62%.The company had revenue of $3.91 billion during the quarter, compared to analyst estimates of $3.97 billion. During the same quarter in the prior year, the company earned $1.21 earnings per share. The company’s revenue for the quarter was down 6.5% on a year-over-year basis. Equities analysts anticipate that C.H. Robinson Worldwide, Inc. will post 4.83 EPS for the current year.

C.H. Robinson Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Friday, March 6th will be given a dividend of $0.63 per share. The ex-dividend date is Friday, March 6th. This represents a $2.52 dividend on an annualized basis and a yield of 1.4%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 52.17%.

Analyst Ratings Changes

CHRW has been the subject of a number of recent research reports. Sanford C. Bernstein increased their price objective on C.H. Robinson Worldwide from $135.00 to $153.00 and gave the company a “market perform” rating in a research report on Friday, January 9th. Wolfe Research restated an “outperform” rating and issued a $188.00 target price on shares of C.H. Robinson Worldwide in a report on Thursday, January 8th. Stifel Nicolaus upped their target price on C.H. Robinson Worldwide from $184.00 to $202.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Wells Fargo & Company increased their price target on C.H. Robinson Worldwide from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Finally, Benchmark lifted their price target on C.H. Robinson Worldwide from $160.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Fifteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, C.H. Robinson Worldwide presently has an average rating of “Moderate Buy” and an average price target of $181.29.

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.