Analysts Set C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) PT at $114.29

Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the twenty-two ratings firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $114.29.

A number of research firms recently commented on CHRW. Stephens reaffirmed an "equal weight" rating and set a $111.00 price objective on shares of C.H. Robinson Worldwide in a research note on Thursday, January 30th. Susquehanna reduced their target price on C.H. Robinson Worldwide from $117.00 to $115.00 and set a "positive" rating on the stock in a research report on Thursday, May 1st. JPMorgan Chase & Co. reduced their target price on C.H. Robinson Worldwide from $126.00 to $118.00 and set an "overweight" rating on the stock in a research report on Thursday, May 1st. Stifel Nicolaus upgraded C.H. Robinson Worldwide from a "hold" rating to a "buy" rating and set a $113.00 target price on the stock in a research report on Friday, January 31st. Finally, UBS Group reduced their target price on C.H. Robinson Worldwide from $140.00 to $130.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st.

C.H. Robinson Worldwide Price Performance

NASDAQ:CHRW traded up $0.52 during trading hours on Friday, hitting $96.10. The company's stock had a trading volume of 993,595 shares, compared to its average volume of 1,361,397. The business's 50-day moving average is $93.81 and its two-hundred day moving average is $100.15. The company has a market capitalization of $11.41 billion, a PE ratio of 24.96, a PEG ratio of 1.16 and a beta of 0.92. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.49 and a current ratio of 1.28. C.H. Robinson Worldwide has a 52-week low of $82.16 and a 52-week high of $114.82.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last posted its earnings results on Wednesday, April 30th. The transportation company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.15. The company had revenue of $4.05 billion for the quarter, compared to analyst estimates of $4.29 billion. C.H. Robinson Worldwide had a return on equity of 34.53% and a net margin of 2.63%. C.H. Robinson Worldwide's revenue was down 8.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.86 earnings per share. As a group, research analysts anticipate that C.H. Robinson Worldwide will post 4.83 EPS for the current fiscal year.

C.H. Robinson Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, June 6th will be given a $0.62 dividend. The ex-dividend date is Friday, June 6th. This represents a $2.48 annualized dividend and a yield of 2.58%. C.H. Robinson Worldwide's payout ratio is 59.33%.

Insider Buying and Selling at C.H. Robinson Worldwide

In related news, insider Angela K. Freeman sold 5,700 shares of C.H. Robinson Worldwide stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $97.42, for a total value of $555,294.00. Following the completion of the transaction, the insider now directly owns 71,441 shares in the company, valued at approximately $6,959,782.22. The trade was a 7.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.47% of the company's stock.

Hedge Funds Weigh In On C.H. Robinson Worldwide

Several hedge funds and other institutional investors have recently modified their holdings of CHRW. Parallel Advisors LLC lifted its stake in shares of C.H. Robinson Worldwide by 2.4% in the fourth quarter. Parallel Advisors LLC now owns 4,290 shares of the transportation company's stock worth $443,000 after buying an additional 102 shares in the last quarter. Cascade Investment Advisors Inc. boosted its position in shares of C.H. Robinson Worldwide by 0.7% during the fourth quarter. Cascade Investment Advisors Inc. now owns 15,987 shares of the transportation company's stock worth $1,652,000 after acquiring an additional 105 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its position in shares of C.H. Robinson Worldwide by 2.7% during the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,978 shares of the transportation company's stock worth $407,000 after acquiring an additional 105 shares during the last quarter. Nissay Asset Management Corp Japan ADV boosted its position in shares of C.H. Robinson Worldwide by 0.8% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 14,272 shares of the transportation company's stock worth $1,483,000 after acquiring an additional 112 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators grew its stake in shares of C.H. Robinson Worldwide by 5.5% in the 1st quarter. Deseret Mutual Benefit Administrators now owns 2,181 shares of the transportation company's stock worth $223,000 after buying an additional 114 shares in the last quarter. Hedge funds and other institutional investors own 93.15% of the company's stock.

C.H. Robinson Worldwide Company Profile

C.H. Robinson Worldwide, Inc, together with its subsidiaries, provides freight transportation services, and related logistics and supply chain services in the United States and internationally. It operates through two segments: North American Surface Transportation and Global Forwarding. The company offers transportation and logistics services, such as truckload, less than truckload transportation brokerage services, which include the shipment of single or multiple pallets of freight; intermodal transportation that comprises the shipment service of freight in containers or trailers by a combination of truck and rail; and non-vessel operating common carrier and freight forwarding services, as well as organizes air shipments and provides door-to-door services.