C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analyst consensus: 23 analysts rate C.H. Robinson as a "Moderate Buy" (15 buy, 7 hold, 1 sell) with a one-year average price target of $186.43.
• Insider and institutional activity: Insiders were net sellers over the last three months (2,422 shares bought vs. 19,026 sold), highlighted by a $201.30 sale by Michael John Short and a $168.24 purchase by Michael D. Castagnetto; institutional investors own about 93.15% of the stock while insiders hold 0.37%.
• Recent results and payout: The company reported EPS of $1.23 beating estimates ($1.12) but revenue missed at $3.91B (down 6.5% YoY); shares trade at a ~34.1 P/E with a market cap near $19.4B and a $0.63 quarterly dividend (≈1.5% yield).

Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Get Free Report) have earned a consensus rating of "Moderate Buy" from the twenty-three research firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and fifteen have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $186.4348.

A number of equities analysts have weighed in on CHRW shares. Stifel Nicolaus upped their price objective on shares of C.H. Robinson Worldwide from $184.00 to $202.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. Raymond James Financial restated an "outperform" rating and set a $215.00 price objective on shares of C.H. Robinson Worldwide in a research report on Thursday, January 29th. Sanford C. Bernstein upped their price objective on shares of C.H. Robinson Worldwide from $135.00 to $153.00 and gave the stock a "market perform" rating in a research report on Friday, January 9th. Bank of America reduced their price objective on shares of C.H. Robinson Worldwide from $225.00 to $219.00 and set a "buy" rating for the company in a research report on Friday, March 27th. Finally, Robert W. Baird set a $203.00 price objective on shares of C.H. Robinson Worldwide in a research report on Thursday, January 29th.

Insiders Place Their Bets

In other C.H. Robinson Worldwide news, insider Michael D. Castagnetto bought 594 shares of C.H. Robinson Worldwide stock in a transaction dated Thursday, February 12th. The stock was acquired at an average cost of $168.24 per share, for a total transaction of $99,934.56. Following the completion of the transaction, the insider directly owned 35,488 shares of the company's stock, valued at approximately $5,970,501.12. This represents a 1.70% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Michael John Short sold 6,368 shares of the stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $201.30, for a total transaction of $1,281,878.40. Following the completion of the sale, the insider owned 52,101 shares of the company's stock, valued at $10,487,931.30. This trade represents a 10.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders acquired 2,422 shares of company stock valued at $400,801 and sold 19,026 shares valued at $3,770,665. 0.37% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On C.H. Robinson Worldwide

A number of hedge funds have recently modified their holdings of CHRW. Transcend Capital Advisors LLC purchased a new stake in shares of C.H. Robinson Worldwide in the third quarter valued at about $460,000. Mairs & Power Inc. grew its holdings in shares of C.H. Robinson Worldwide by 0.7% in the third quarter. Mairs & Power Inc. now owns 869,738 shares of the transportation company's stock valued at $115,153,000 after purchasing an additional 6,188 shares during the period. Raiffeisen Bank International AG purchased a new stake in shares of C.H. Robinson Worldwide in the third quarter valued at about $937,000. TD Waterhouse Canada Inc. grew its holdings in shares of C.H. Robinson Worldwide by 8,726.0% in the third quarter. TD Waterhouse Canada Inc. now owns 17,652 shares of the transportation company's stock valued at $2,341,000 after purchasing an additional 17,452 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S grew its holdings in shares of C.H. Robinson Worldwide by 91.8% in the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 11,774 shares of the transportation company's stock valued at $1,559,000 after purchasing an additional 5,634 shares during the period. 93.15% of the stock is currently owned by institutional investors and hedge funds.

C.H. Robinson Worldwide Stock Performance

Shares of NASDAQ CHRW opened at $164.92 on Tuesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.53 and a current ratio of 1.53. The company's fifty day moving average price is $177.75 and its 200 day moving average price is $162.75. The company has a market capitalization of $19.44 billion, a PE ratio of 34.14, a price-to-earnings-growth ratio of 1.72 and a beta of 0.93. C.H. Robinson Worldwide has a 1 year low of $86.58 and a 1 year high of $203.34.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The transportation company reported $1.23 earnings per share for the quarter, topping analysts' consensus estimates of $1.12 by $0.11. The company had revenue of $3.91 billion during the quarter, compared to analysts' expectations of $3.97 billion. C.H. Robinson Worldwide had a net margin of 3.62% and a return on equity of 34.24%. The firm's revenue for the quarter was down 6.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.21 earnings per share. On average, research analysts predict that C.H. Robinson Worldwide will post 4.83 earnings per share for the current year.

C.H. Robinson Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 2nd. Stockholders of record on Friday, March 6th were given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Friday, March 6th. C.H. Robinson Worldwide's dividend payout ratio is 52.17%.

C.H. Robinson Worldwide Company 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.

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