Dimensional Fund Advisors LP Raises Stock Position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Dimensional Fund Advisors LP grew its holdings in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 903,406 shares of the transportation company's stock after purchasing an additional 4,058 shares during the period. Dimensional Fund Advisors LP owned about 0.76% of C.H. Robinson Worldwide worth $93,343,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Parallel Advisors LLC increased its stake in shares of C.H. Robinson Worldwide by 2.4% during 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 during the period. Cascade Investment Advisors Inc. increased its stake 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 buying an additional 105 shares during the period. Tokio Marine Asset Management Co. Ltd. increased its stake in shares of C.H. Robinson Worldwide by 3.5% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,873 shares of the transportation company's stock worth $400,000 after buying an additional 131 shares during the period. SkyView Investment Advisors LLC increased its stake in shares of C.H. Robinson Worldwide by 2.3% during the third quarter. SkyView Investment Advisors LLC now owns 6,498 shares of the transportation company's stock worth $717,000 after buying an additional 144 shares during the period. Finally, Sound Financial Strategies Group LLC increased its stake in shares of C.H. Robinson Worldwide by 1.9% during the fourth quarter. Sound Financial Strategies Group LLC now owns 8,387 shares of the transportation company's stock worth $867,000 after buying an additional 156 shares during the period. 93.15% of the stock is currently owned by hedge funds and other institutional investors.

C.H. Robinson Worldwide Price Performance

C.H. Robinson Worldwide stock opened at $89.08 on Tuesday. C.H. Robinson Worldwide, Inc. has a one year low of $70.16 and a one year high of $114.82. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.49 and a current ratio of 1.28. The business has a fifty day moving average of $96.23 and a two-hundred day moving average of $102.22. The company has a market cap of $10.53 billion, a P/E ratio of 23.14, a price-to-earnings-growth ratio of 1.16 and a beta of 0.86.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last released its earnings results on Wednesday, January 29th. The transportation company reported $1.21 EPS for the quarter, beating analysts' consensus estimates of $1.10 by $0.11. C.H. Robinson Worldwide had a return on equity of 34.53% and a net margin of 2.63%. As a group, analysts predict that C.H. Robinson Worldwide, Inc. will post 4.83 earnings per share for the current fiscal year.

C.H. Robinson Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 7th were issued a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 2.78%. The ex-dividend date was Friday, March 7th. C.H. Robinson Worldwide's dividend payout ratio (DPR) is presently 64.42%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Benchmark restated a "buy" rating and set a $125.00 target price on shares of C.H. Robinson Worldwide in a research note on Friday, January 31st. Barclays increased their price target on shares of C.H. Robinson Worldwide from $95.00 to $100.00 and gave the company an "underweight" rating in a research note on Friday, January 17th. Wells Fargo & Company dropped their price target on shares of C.H. Robinson Worldwide from $130.00 to $125.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. JPMorgan Chase & Co. dropped their price target on shares of C.H. Robinson Worldwide from $133.00 to $131.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Finally, Stifel Nicolaus upgraded shares of C.H. Robinson Worldwide from a "hold" rating to a "buy" rating and set a $113.00 price target on the stock in a research note on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat.com, C.H. Robinson Worldwide currently has an average rating of "Moderate Buy" and a consensus price target of $117.20.

Insider Buying and Selling at C.H. Robinson Worldwide

In other C.H. Robinson Worldwide news, insider Michael D. Castagnetto sold 5,016 shares of the company's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $99.60, for a total value of $499,593.60. Following the sale, the insider now owns 34,586 shares of the company's stock, valued at $3,444,765.60. This represents a 12.67 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Angela K. Freeman sold 8,000 shares of the company'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 completion of the sale, the insider now directly owns 77,027 shares in the company, valued at $7,732,740.53. This trade represents a 9.41 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.47% of the company's stock.

C.H. Robinson Worldwide 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.

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