Guyasuta Investment Advisors Inc. Buys New Holdings in C.H. Robinson Worldwide, Inc. $CHRW

Key Points

• Guyasuta Investment Advisors initiated a position of 28,319 C.H. Robinson shares valued at approximately $4.19 million in the third quarter. Institutional investors collectively own 93.15% of the company.
• Analysts maintain a “Moderate Buy” consensus rating, with an average price target of $191.20, despite some recent target reductions.
• C.H. Robinson reported quarterly EPS of $1.61, beating estimates, while revenue rose 19.3% year over year to $4.93 billion. The company also pays a quarterly dividend of $0.63, implying a 1.8% annual yield.

Guyasuta Investment Advisors Inc. bought a new position in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 28,319 shares of the transportation company's stock, valued at approximately $4,190,000.

Other large investors have also added to or reduced their stakes in the company. Centerline Wealth Advisors LLC acquired a new stake in C.H. Robinson Worldwide during the 3rd quarter valued at $157,000. SLT Holdings LLC acquired a new position in shares of C.H. Robinson Worldwide in the third quarter valued at $1,049,000. Whitener Capital Management Inc. acquired a new position in shares of C.H. Robinson Worldwide in the third quarter valued at $1,310,000. Walser Wealth Management Company A Ltd Liability Co acquired a new position in shares of C.H. Robinson Worldwide in the third quarter valued at $248,000. Finally, R2 Capital Strategies LLC bought a new position in shares of C.H. Robinson Worldwide in the third quarter valued at about $284,000. Institutional investors own 93.15% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on CHRW shares. TD Cowen restated a "hold" rating on shares of C.H. Robinson Worldwide in a research note on Tuesday, October 6th. Stephens decreased their price target on shares of C.H. Robinson Worldwide from $225.00 to $215.00 and set an "overweight" rating on the stock in a research note on Thursday, July 30th. Sanford C. Bernstein reiterated a "market perform" rating on shares of C.H. Robinson Worldwide in a research note on Tuesday, October 6th. JPMorgan Chase & Co. lowered their price target 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. Finally, BMO Capital Markets raised their price objective on shares of C.H. Robinson Worldwide from $180.00 to $190.00 and gave the stock a "market perform" rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, C.H. Robinson Worldwide currently has an average rating of "Moderate Buy" and an average price target of $191.20.

C.H. Robinson Worldwide Stock Performance

CHRW opened at $143.82 on Friday. The business has a fifty day simple moving average of $147.40 and a 200 day simple moving average of $168.05. The company has a market capitalization of $16.81 billion, a PE ratio of 27.45, a price-to-earnings-growth ratio of 1.16 and a beta of 0.94. 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 issued its quarterly earnings data on Wednesday, July 29th. The transportation company reported $1.61 EPS for the quarter, beating analysts' consensus estimates of $1.53 by $0.08. The firm had revenue of $4.93 billion for the quarter, compared to analyst estimates of $4.35 billion. C.H. Robinson Worldwide had a return on equity of 38.36% and a net margin of 3.73%. The company'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. Research analysts expect that C.H. Robinson Worldwide, Inc. will post 6.26 EPS for the current year.

C.H. Robinson Worldwide Announces Dividend

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

C.H. Robinson Worldwide Profile

C.H. Robinson Worldwide, Inc is a global third-party logistics provider that connects shippers with transportation carriers and other supply-chain service providers. The company helps businesses plan, manage and execute the movement of freight across domestic and international markets.

Its services include truckload and less-than-truckload freight brokerage, intermodal transportation, ocean and air freight forwarding, customs services, and transportation management. C.H. Robinson also provides technology and data-driven tools designed to improve shipment planning, visibility, routing and logistics performance.

Founded in 1905 and headquartered in Eden Prairie, Minnesota, C.H.

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