PharVision Advisers LLC Invests $271,000 in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

PharVision Advisers LLC purchased a new position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,626 shares of the transportation company's stock, valued at approximately $271,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of CHRW. National Pension Service acquired a new stake in C.H. Robinson Worldwide in the 4th quarter valued at about $25,000. Proficio Capital Partners LLC purchased a new stake in shares of C.H. Robinson Worldwide in the fourth quarter valued at approximately $33,000. Missouri Trust & Investment Co purchased a new stake in shares of C.H. Robinson Worldwide in the fourth quarter valued at approximately $41,000. Mainstream Capital Management LLC acquired a new stake in shares of C.H. Robinson Worldwide in the fourth quarter valued at approximately $41,000. Finally, Stonebridge Financial Group LLC purchased a new position in C.H. Robinson Worldwide during the fourth quarter worth approximately $52,000. 93.15% of the stock is owned by hedge funds and other institutional investors.

C.H. Robinson Worldwide Trading Down 2.9%

Shares of NASDAQ CHRW opened at $97.18 on Thursday. The stock has a fifty day simple moving average of $94.27 and a 200-day simple moving average of $100.58. C.H. Robinson Worldwide, Inc. has a twelve month low of $81.39 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. The stock has a market capitalization of $11.54 billion, a PE ratio of 25.24, a PEG ratio of 1.16 and a beta of 0.92.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last released 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 company had revenue of $4.05 billion during the quarter, compared to the consensus estimate of $4.29 billion. C.H. Robinson Worldwide had a return on equity of 34.53% and a net margin of 2.63%. C.H. Robinson Worldwide's revenue was down 8.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.86 EPS. On average, equities analysts forecast that C.H. Robinson Worldwide, Inc. will post 4.83 earnings per share for the current year.

C.H. Robinson Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, June 6th will be paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 2.55%. The ex-dividend date is Friday, June 6th. C.H. Robinson Worldwide's payout ratio is currently 59.33%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Benchmark restated a "buy" rating and issued a $125.00 target price on shares of C.H. Robinson Worldwide in a report on Friday, January 31st. TD Securities boosted their price target on shares of C.H. Robinson Worldwide from $111.00 to $112.00 and gave the company a "hold" rating in a research report on Thursday, May 1st. Jefferies Financial Group cut their price objective on shares of C.H. Robinson Worldwide from $110.00 to $100.00 and set a "hold" rating for the company in a research report on Friday, April 11th. StockNews.com downgraded shares of C.H. Robinson Worldwide from a "buy" rating to a "hold" rating in a research note on Friday, March 7th. Finally, Citigroup decreased their target price on shares of C.H. Robinson Worldwide from $124.00 to $116.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. One analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $114.29.

Insiders Place Their Bets

In other C.H. Robinson Worldwide news, insider Angela K. Freeman sold 5,700 shares of the company's stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $97.42, for a total transaction of $555,294.00. Following the sale, the insider now owns 71,441 shares in the company, valued at $6,959,782.22. This represents a 7.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.47% of the stock is owned by company insiders.

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.

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