Lido Advisors LLC Purchases 5,648 Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Lido Advisors LLC increased its holdings in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) by 237.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,025 shares of the transportation company's stock after acquiring an additional 5,648 shares during the period. Lido Advisors LLC's holdings in C.H. Robinson Worldwide were worth $834,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. National Pension Service acquired a new position in C.H. Robinson Worldwide in the fourth quarter valued at about $25,000. Proficio Capital Partners LLC bought a new stake in C.H. Robinson Worldwide during the 4th quarter worth approximately $33,000. Missouri Trust & Investment Co acquired a new stake in C.H. Robinson Worldwide during the 4th quarter valued at $41,000. Mainstream Capital Management LLC bought a new position in C.H. Robinson Worldwide in the 4th quarter valued at $41,000. Finally, Brooklyn Investment Group boosted its stake in C.H. Robinson Worldwide by 213.5% in the fourth quarter. Brooklyn Investment Group now owns 464 shares of the transportation company's stock worth $48,000 after purchasing an additional 316 shares in the last quarter. Institutional investors own 93.15% of the company's stock.

Insider Activity at C.H. Robinson Worldwide

In other news, insider Angela K. Freeman sold 8,000 shares of the business's stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $100.39, for a total transaction of $803,120.00. Following the transaction, the insider now directly owns 77,027 shares in the company, valued at $7,732,740.53. The trade was a 9.41 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Michael D. Castagnetto sold 5,016 shares of the firm's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $99.60, for a total transaction of $499,593.60. Following the completion of the sale, the insider now owns 34,586 shares of the company's stock, valued at $3,444,765.60. This trade represents a 12.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.47% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

CHRW has been the subject of a number of research analyst reports. Barclays cut their price target on C.H. Robinson Worldwide from $100.00 to $90.00 and set an "underweight" rating for the company in a report on Thursday, May 1st. UBS Group decreased their price target on shares of C.H. Robinson Worldwide from $140.00 to $130.00 and set a "buy" rating on the stock in a research note on Thursday, May 1st. JPMorgan Chase & Co. reduced their price objective on C.H. Robinson Worldwide from $126.00 to $118.00 and set an "overweight" rating on the stock in a report on Thursday, May 1st. TD Cowen boosted their target price on C.H. Robinson Worldwide from $111.00 to $112.00 and gave the stock a "hold" rating in a research report on Thursday, May 1st. Finally, Benchmark reiterated a "buy" rating and issued a $125.00 price target on shares of C.H. Robinson Worldwide in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $114.38.

C.H. Robinson Worldwide Stock Down 0.8 %

CHRW stock traded down $0.69 during midday trading on Friday, hitting $88.89. The company's stock had a trading volume of 216,078 shares, compared to its average volume of 1,368,024. The company's fifty day moving average price is $94.51 and its 200 day moving average price is $101.18. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.28 and a quick ratio of 1.49. C.H. Robinson Worldwide, Inc. has a twelve month low of $80.41 and a twelve month high of $114.82. The stock has a market capitalization of $10.51 billion, a P/E ratio of 23.09, a PEG ratio of 1.16 and a beta of 0.92.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last released its earnings results on Wednesday, April 30th. The transportation company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.15. The business 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% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.86 earnings per share. As a group, equities research analysts predict that C.H. Robinson Worldwide, Inc. will post 4.83 EPS for the current year.

About C.H. Robinson Worldwide

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.