Eisler Capital Management Ltd. Lowers Position in C.H. Robinson Worldwide, Inc. $CHRW

Key Points

• Eisler Capital Management Ltd. reduced its stake in C.H. Robinson Worldwide, Inc. by 61.6%, dropping from 96,710 shares to 37,145 shares, as reported in its latest 13F filing.
• Analysts have a consensus rating of Moderate Buy for C.H. Robinson, with a price target averaging $117.24, reflecting growing optimism among investors.
• C.H. Robinson Worldwide recently declared a quarterly dividend of $0.62 per share, translating to an annual yield of 1.9%, with the dividend payout ratio standing at 56.49%.

Eisler Capital Management Ltd. cut its stake in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) by 61.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,145 shares of the transportation company's stock after selling 59,565 shares during the quarter. Eisler Capital Management Ltd.'s holdings in C.H. Robinson Worldwide were worth $3,803,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. B. Metzler seel. Sohn & Co. AG boosted its holdings in C.H. Robinson Worldwide by 4.9% during the 1st quarter. B. Metzler seel. Sohn & Co. AG now owns 7,288 shares of the transportation company's stock valued at $746,000 after acquiring an additional 343 shares during the period. FORA Capital LLC purchased a new stake in C.H. Robinson Worldwide in the 1st quarter worth approximately $812,000. Virtus Advisers LLC purchased a new stake in C.H. Robinson Worldwide in the 1st quarter worth approximately $92,000. Comerica Bank lifted its holdings in C.H. Robinson Worldwide by 3.2% in the 1st quarter. Comerica Bank now owns 36,798 shares of the transportation company's stock worth $3,768,000 after buying an additional 1,140 shares during the period. Finally, Oak Harvest Investment Services lifted its holdings in C.H. Robinson Worldwide by 66.7% in the 1st quarter. Oak Harvest Investment Services now owns 5,000 shares of the transportation company's stock worth $512,000 after buying an additional 2,000 shares during the period. 93.15% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on CHRW shares. Raymond James Financial set a $111.00 price objective on C.H. Robinson Worldwide and gave the stock an "outperform" rating in a report on Tuesday, July 15th. Susquehanna reiterated a "positive" rating and issued a $120.00 price objective (up previously from $115.00) on shares of C.H. Robinson Worldwide in a report on Tuesday, June 24th. Baird R W raised C.H. Robinson Worldwide from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 31st. TD Cowen increased their target price on C.H. Robinson Worldwide from $112.00 to $116.00 and gave the stock a "hold" rating in a research report on Thursday, July 31st. Finally, Citigroup increased their target price on C.H. Robinson Worldwide from $116.00 to $118.00 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, C.H. Robinson Worldwide currently has a consensus rating of "Moderate Buy" and a consensus target price of $117.24.

Insider Transactions at C.H. Robinson Worldwide

In other news, insider Angela K. Freeman sold 5,713 shares of the firm's stock in a transaction on Monday, August 11th. The stock was sold at an average price of $116.24, for a total value of $664,079.12. Following the transaction, the insider directly owned 65,728 shares in the company, valued at $7,640,222.72. This trade represents a 8.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Michael John Short sold 6,364 shares of the firm's stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $117.24, for a total value of $746,115.36. Following the completion of the transaction, the insider owned 60,401 shares in the company, valued at approximately $7,081,413.24. This trade represents a 9.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 14,577 shares of company stock worth $1,714,544 in the last ninety days. Insiders own 1.47% of the company's stock.

C.H. Robinson Worldwide Stock Down 0.5%

CHRW stock traded down $0.59 on Monday, reaching $128.70. 2,265,048 shares of the company traded hands, compared to its average volume of 1,487,527. C.H. Robinson Worldwide, Inc. has a one year low of $84.68 and a one year high of $131.17. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.31 and a quick ratio of 1.31. The company has a market cap of $15.20 billion, a P/E ratio of 29.32, a price-to-earnings-growth ratio of 2.02 and a beta of 0.87. The firm has a fifty day simple moving average of $108.23 and a 200-day simple moving average of $100.04.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The transportation company reported $1.29 earnings per share for the quarter, beating analysts' consensus estimates of $1.17 by $0.12. The company had revenue of $4.14 billion during the quarter, compared to analyst estimates of $4.16 billion. C.H. Robinson Worldwide had a return on equity of 35.01% and a net margin of 3.14%.The firm's revenue for the quarter was down 7.7% on a year-over-year basis. During the same quarter last year, the company earned $1.15 EPS. Research analysts anticipate that C.H. Robinson Worldwide, Inc. will post 4.83 earnings per share for the current year.

C.H. Robinson Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Friday, September 5th will be issued a $0.62 dividend. The ex-dividend date of this dividend is Friday, September 5th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 1.9%. C.H. Robinson Worldwide's dividend payout ratio (DPR) is presently 56.49%.

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.