Focus Partners Wealth Decreases Stock Holdings in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Focus Partners Wealth lessened its stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) by 91.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 3,615 shares of the transportation company's stock after selling 36,627 shares during the period. Focus Partners Wealth's holdings in C.H. Robinson Worldwide were worth $374,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in CHRW. National Pension Service acquired a new stake in C.H. Robinson Worldwide in the 4th quarter valued at approximately $25,000. Proficio Capital Partners LLC purchased a new stake in shares of C.H. Robinson Worldwide in the 4th quarter valued at $33,000. Missouri Trust & Investment Co purchased a new stake in shares of C.H. Robinson Worldwide in the 4th quarter valued at $41,000. Mainstream Capital Management LLC purchased a new stake in shares of C.H. Robinson Worldwide in the 4th quarter valued at $41,000. Finally, Stonebridge Financial Group LLC purchased a new stake in shares of C.H. Robinson Worldwide in the 4th quarter valued at $52,000. 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 8,000 shares of C.H. Robinson Worldwide stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $100.39, for a total value of $803,120.00. Following the completion of the sale, the insider now 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 filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.47% of the company's stock.

C.H. Robinson Worldwide Price Performance

Shares of CHRW stock traded down $0.77 during trading hours on Friday, hitting $95.75. The company's stock had a trading volume of 938,668 shares, compared to its average volume of 1,368,068. The business has a fifty day moving average of $94.10 and a 200-day moving average of $100.43. The stock has a market cap of $11.37 billion, a price-to-earnings ratio of 24.87, a P/E/G ratio of 1.16 and a beta of 0.92. C.H. Robinson Worldwide, Inc. has a twelve month low of $82.16 and a twelve month high of $114.82. The company has a current ratio of 1.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.54.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last announced its earnings results on Wednesday, April 30th. The transportation company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.15. The firm had revenue of $4.05 billion during the quarter, compared to the consensus estimate of $4.29 billion. C.H. Robinson Worldwide had a net margin of 2.63% and a return on equity of 34.53%. The firm's revenue for the quarter was down 8.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.86 EPS. As a group, equities research analysts anticipate that C.H. Robinson Worldwide, Inc. will post 4.83 EPS 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. Stockholders 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 dividend yield of 2.59%. The ex-dividend date is Friday, June 6th. C.H. Robinson Worldwide's dividend payout ratio (DPR) is 59.33%.

Analyst Upgrades and Downgrades

CHRW has been the topic of several research reports. TD Cowen increased their price target on shares of 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. Susquehanna decreased their price target on shares of C.H. Robinson Worldwide from $117.00 to $115.00 and set a "positive" rating for the company in a research report on Thursday, May 1st. Evercore ISI decreased their price target on shares of C.H. Robinson Worldwide from $119.00 to $110.00 and set an "outperform" rating for the company in a research report on Thursday, May 1st. Wells Fargo & Company decreased their price target on shares of C.H. Robinson Worldwide from $130.00 to $125.00 and set an "overweight" rating for the company in a research report on Thursday, March 27th. Finally, Stephens reissued an "equal weight" rating and issued a $111.00 price target on shares of C.H. Robinson Worldwide in a research report on Thursday, January 30th. One analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $114.29.

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.