Savant Capital LLC Has $19.43 Million Position in C.H. Robinson Worldwide, Inc. $CHRW

Savant Capital LLC lowered its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 10.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 120,833 shares of the transportation company’s stock after selling 14,810 shares during the period. Savant Capital LLC owned 0.10% of C.H. Robinson Worldwide worth $19,425,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in CHRW. Vermillion & White Wealth Management Group LLC acquired a new position in C.H. Robinson Worldwide during the third quarter valued at approximately $27,000. CYBER HORNET ETFs LLC acquired a new position in C.H. Robinson Worldwide during the second quarter valued at approximately $30,000. Clearstead Advisors LLC grew its holdings in C.H. Robinson Worldwide by 110.3% during 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. Measured Wealth Private Client Group LLC acquired a new position in C.H. Robinson Worldwide during the third quarter valued at approximately $34,000. Finally, MUFG Securities EMEA plc acquired a new position in C.H. Robinson Worldwide during the second quarter valued at approximately $34,000. Institutional investors and hedge funds own 93.15% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. Wells Fargo & Company increased their price target on C.H. Robinson Worldwide from $210.00 to $215.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Benchmark increased their price target on C.H. Robinson Worldwide from $160.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Weiss Ratings downgraded C.H. Robinson Worldwide from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, May 21st. Wall Street Zen downgraded C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a report on Sunday, May 24th. Finally, Robert W. Baird set a $230.00 price target on C.H. Robinson Worldwide in a report on Friday, May 1st. Seventeen analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $192.61.

C.H. Robinson Worldwide Stock Down 0.6%

CHRW opened at $175.41 on Friday. 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 stock has a market capitalization of $20.68 billion, a price-to-earnings ratio of 35.51, a P/E/G ratio of 1.52 and a beta of 0.94. The business has a 50 day moving average of $172.63 and a 200-day moving average of $171.68.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings data on Wednesday, April 29th. The transportation company reported $1.35 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $4.05 billion. During the same period in the prior year, the business earned $1.17 earnings per share. C.H. Robinson Worldwide’s revenue for the quarter was down .9% compared to the same quarter last year. As a group, sell-side analysts anticipate that C.H. Robinson Worldwide, Inc. will post 6.09 earnings per share for the current year.

C.H. Robinson Worldwide Announces Dividend

The firm 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 $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, June 5th. C.H. Robinson Worldwide’s dividend payout ratio is currently 51.01%.

C.H. Robinson Worldwide Profile

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.