C.H. Robinson Worldwide, Inc. $CHRW Shares Purchased by Concurrent Investment Advisors LLC

Key Points

• Concurrent Investment Advisors boosted its stake in C.H. Robinson by 82.4% in Q4 to 16,349 shares worth about $2.63M, and institutional investors now own roughly 93.15% of the stock.
• Company insiders were net sellers last quarter — including Angela K. Freeman and Michael John Short who sold a combined ~14,947 shares on Feb. 9 for roughly $3M — with insiders selling 17,796 shares versus buying 2,422.
• C.H. Robinson beat Q4 EPS estimates ($1.23 vs. $1.12) despite revenue falling 6.5% year‑over‑year; the stock trades near its 52‑week high with a P/E of ~38.9, a 1.3% dividend yield, and a consensus analyst rating of "Moderate Buy" (target ~$186.22).

Concurrent Investment Advisors LLC boosted its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) by 82.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,349 shares of the transportation company's stock after buying an additional 7,384 shares during the quarter. Concurrent Investment Advisors LLC's holdings in C.H. Robinson Worldwide were worth $2,628,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Vermillion & White Wealth Management Group LLC acquired a new position in C.H. Robinson Worldwide in the 3rd quarter worth $27,000. Clearstead Advisors LLC lifted its holdings in C.H. Robinson Worldwide by 110.3% in the 3rd quarter. Clearstead Advisors LLC now owns 244 shares of the transportation company's stock worth $32,000 after buying an additional 128 shares in the last quarter. Park Place Capital Corp bought a new stake in shares of C.H. Robinson Worldwide in the 4th quarter worth about $39,000. Arlington Trust Co LLC bought a new stake in shares of C.H. Robinson Worldwide in the 3rd quarter worth about $34,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of C.H. Robinson Worldwide in the 3rd quarter worth about $34,000. Institutional investors and hedge funds own 93.15% of the company's stock.

Insider Transactions at C.H. Robinson Worldwide

In other C.H. Robinson Worldwide news, insider Angela K. Freeman sold 8,579 shares of the company's stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $200.52, for a total value of $1,720,261.08. Following the completion of the transaction, the insider owned 55,611 shares in the company, valued at approximately $11,151,117.72. This represents a 13.37% 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 John Short sold 6,368 shares of the company's stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $201.30, for a total transaction of $1,281,878.40. Following the completion of the transaction, the insider owned 52,101 shares of the company's stock, valued at approximately $10,487,931.30. This trade represents a 10.89% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have purchased 2,422 shares of company stock worth $400,801 and have sold 17,796 shares worth $3,555,415. Company insiders own 0.37% of the company's stock.

C.H. Robinson Worldwide Price Performance

CHRW opened at $187.96 on Wednesday. The firm has a market cap of $22.15 billion, a price-to-earnings ratio of 38.92, a price-to-earnings-growth ratio of 1.96 and a beta of 0.93. C.H. Robinson Worldwide, Inc. has a fifty-two week low of $86.58 and a fifty-two week high of $203.34. The company's 50-day moving average price is $175.88 and its 200 day moving average price is $166.54. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.59.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last posted its earnings results on Wednesday, January 28th. The transportation company reported $1.23 EPS for the quarter, topping the consensus estimate of $1.12 by $0.11. C.H. Robinson Worldwide had a net margin of 3.62% and a return on equity of 34.24%. The firm had revenue of $3.91 billion during the quarter, compared to analysts' expectations of $3.97 billion. During the same quarter in the prior year, the firm earned $1.21 EPS. C.H. Robinson Worldwide's quarterly revenue was down 6.5% on a year-over-year basis. As a group, sell-side analysts expect that C.H. Robinson Worldwide, Inc. will post 5.98 earnings per share for the current year.

C.H. Robinson Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Friday, March 6th were given a $0.63 dividend. The ex-dividend date was Friday, March 6th. This represents a $2.52 annualized dividend and a yield of 1.3%. C.H. Robinson Worldwide's dividend payout ratio is 52.17%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on CHRW shares. JPMorgan Chase & Co. boosted their target price on shares of C.H. Robinson Worldwide from $166.00 to $178.00 and gave the stock an "overweight" rating in a research report on Monday, January 12th. Benchmark boosted their target price on shares of C.H. Robinson Worldwide from $160.00 to $205.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. UBS Group set a $160.00 target price on shares of C.H. Robinson Worldwide in a research report on Thursday, January 29th. Evercore boosted their target price on shares of C.H. Robinson Worldwide from $196.00 to $219.00 and gave the stock an "outperform" rating in a research report on Thursday, January 29th. Finally, The Goldman Sachs Group reissued a "neutral" rating and issued a $149.00 target price on shares of C.H. Robinson Worldwide in a research report on Wednesday, January 14th. Fifteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, C.H. Robinson Worldwide has an average rating of "Moderate Buy" and a consensus price target of $186.22.

C.H. Robinson Worldwide 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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