Eisler Capital Management Ltd. Invests $9.93 Million in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Eisler Capital Management Ltd. acquired a new stake in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 96,710 shares of the transportation company's stock, valued at approximately $9,928,000. C.H. Robinson Worldwide accounts for approximately 0.0% of Eisler Capital Management Ltd.'s investment portfolio, making the stock its 29th largest holding. Eisler Capital Management Ltd. owned 0.08% of C.H. Robinson Worldwide as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Parallel Advisors LLC grew its holdings in shares of C.H. Robinson Worldwide by 2.4% during the 4th quarter. Parallel Advisors LLC now owns 4,290 shares of the transportation company's stock worth $443,000 after acquiring an additional 102 shares during the period. Cascade Investment Advisors Inc. grew its holdings in shares of C.H. Robinson Worldwide by 0.7% during the 4th 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 period. Tokio Marine Asset Management Co. Ltd. grew its holdings in shares of C.H. Robinson Worldwide by 3.5% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,873 shares of the transportation company's stock worth $400,000 after acquiring an additional 131 shares during the period. Sound Financial Strategies Group LLC grew its holdings in shares of C.H. Robinson Worldwide by 1.9% during the 4th quarter. Sound Financial Strategies Group LLC now owns 8,387 shares of the transportation company's stock worth $867,000 after acquiring an additional 156 shares during the period. Finally, Diversified Trust Co grew its holdings in shares of C.H. Robinson Worldwide by 5.0% during the 4th quarter. Diversified Trust Co now owns 3,414 shares of the transportation company's stock worth $353,000 after acquiring an additional 164 shares during the period. 93.15% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, insider Angela K. Freeman sold 8,000 shares of the company's stock in a transaction on Thursday, February 27th. The stock was 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 of the company's stock, valued at approximately $7,732,740.53. This represents a 9.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Michael D. Castagnetto sold 5,016 shares of the company's stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $99.60, for a total value of $499,593.60. Following the transaction, the insider now directly owns 34,586 shares in the company, valued at approximately $3,444,765.60. The trade was 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 currently owned by insiders.

C.H. Robinson Worldwide Trading Up 1.6%

NASDAQ CHRW traded up $1.56 during trading on Wednesday, hitting $97.84. The stock had a trading volume of 1,445,134 shares, compared to its average volume of 1,377,330. 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 stock has a market capitalization of $11.62 billion, a price-to-earnings ratio of 25.41, a P/E/G ratio of 1.16 and a beta of 0.92. C.H. Robinson Worldwide, Inc. has a one year low of $81.39 and a one year high of $114.82. The stock has a 50 day simple moving average of $94.25 and a 200 day simple moving average of $100.84.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last issued its earnings results on Wednesday, April 30th. The transportation company reported $1.17 EPS for the quarter, topping analysts' consensus estimates 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 net margin of 2.63% and a return on equity of 34.53%. The company's quarterly revenue was down 8.3% compared to the same quarter last year. During the same period last year, the company posted $0.86 earnings per share. Sell-side analysts predict that C.H. Robinson Worldwide, Inc. will post 4.83 earnings per share for the current year.

C.H. Robinson Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, June 6th will be issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 2.53%. The ex-dividend date of this dividend is Friday, June 6th. C.H. Robinson Worldwide's payout ratio is 59.33%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CHRW. Raymond James reduced their target price on C.H. Robinson Worldwide from $118.00 to $111.00 and set an "outperform" rating on the stock in a report on Friday, April 11th. TD Cowen boosted their price target 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. TD Securities boosted their price target 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. Wells Fargo & Company dropped their price target on C.H. Robinson Worldwide from $130.00 to $125.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. Finally, Truist Financial started coverage on C.H. Robinson Worldwide in a research report on Thursday, March 13th. They issued a "buy" rating and a $115.00 price target on the stock. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $114.38.

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.