11,217 Shares of C.H. Robinson Worldwide, Inc. $CHRW Acquired by Measured Risk Portfolios Inc.

Key Points

• Measured Risk Portfolios Inc. acquired 11,217 shares of C.H. Robinson Worldwide valued at approximately $1.66 million, making the stock its 28th-largest holding and about 1.5% of its portfolio.
• Institutional ownership remains high at 93.15%, with several other hedge funds and investment firms also initiating or increasing positions during recent quarters.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $190 price target. The company also reported quarterly revenue growth of 19.3% year over year and declared a $0.63 quarterly dividend.

Measured Risk Portfolios Inc. acquired a new stake in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 11,217 shares of the transportation company's stock, valued at approximately $1,660,000. C.H. Robinson Worldwide makes up about 1.5% of Measured Risk Portfolios Inc.'s portfolio, making the stock its 28th biggest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vann Equity Management LLC bought a new stake in shares of C.H. Robinson Worldwide during the 3rd quarter valued at $641,000. CWS Financial Advisors LLC purchased a new stake in shares of C.H. Robinson Worldwide in the 3rd quarter worth about $1,352,000. Argent Capital Management LLC purchased a new stake in shares of C.H. Robinson Worldwide in the 1st quarter worth about $5,017,000. Cravens & Co Advisors LLC bought a new position in shares of C.H. Robinson Worldwide in the 3rd quarter worth about $1,242,000. Finally, Birch Hill Investment Advisors LLC bought a new position in shares of C.H. Robinson Worldwide in the 3rd quarter worth about $809,000. Hedge funds and other institutional investors own 93.15% of the company's stock.

Analyst Ratings Changes

CHRW has been the subject of a number of recent research reports. Citizens Jmp started coverage on shares of C.H. Robinson Worldwide in a research report on Wednesday, July 15th. They set a "market perform" rating and a $235.00 price target for the company. JPMorgan Chase & Co. cut their price objective on shares of C.H. Robinson Worldwide from $225.00 to $198.00 and set an "overweight" rating on the stock in a report on Monday, October 5th. Susquehanna raised their target price on shares of C.H. Robinson Worldwide from $215.00 to $226.00 and gave the company a "positive" rating in a research note on Tuesday, July 14th. Sanford C. Bernstein reiterated a "market perform" rating on shares of C.H. Robinson Worldwide in a report on Tuesday, October 6th. Finally, Stifel Nicolaus set a $209.00 target price on shares of C.H. Robinson Worldwide in a report on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, C.H. Robinson Worldwide presently has a consensus rating of "Moderate Buy" and a consensus price target of $190.00.

C.H. Robinson Worldwide Price Performance

CHRW opened at $140.95 on Thursday. The firm has a market cap of $16.47 billion, a PE ratio of 26.90, a P/E/G ratio of 1.17 and a beta of 0.94. The stock has a 50-day moving average price of $146.81 and a 200-day moving average price of $167.31. C.H. Robinson Worldwide, Inc. has a 1 year low of $125.35 and a 1 year high of $210.33. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.58 and a quick ratio of 1.58.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The transportation company reported $1.61 EPS for the quarter, beating the consensus estimate of $1.53 by $0.08. C.H. Robinson Worldwide had a net margin of 3.73% and a return on equity of 38.36%. The company had revenue of $4.93 billion for the quarter, compared to the consensus estimate of $4.35 billion. C.H. Robinson Worldwide's revenue for the quarter was up 19.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.29 EPS. Sell-side analysts predict that C.H. Robinson Worldwide, Inc. will post 6.26 earnings per share for the current fiscal year.

C.H. Robinson Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 4th were paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, September 4th. C.H. Robinson Worldwide's dividend payout ratio is currently 48.09%.

C.H. Robinson Worldwide Company Profile

C.H. Robinson Worldwide, Inc is a global third-party logistics provider that connects shippers with transportation carriers and other supply-chain resources. The company arranges the movement of freight by truckload, less-than-truckload, intermodal, ocean and air transportation, serving businesses across a range of industries.

Its services include freight brokerage, transportation management, logistics consulting, customs and trade support, shipment tracking, and technology-enabled supply-chain solutions.

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