C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Stock Holdings Increased by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC grew its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) by 7.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 124,663 shares of the transportation company's stock after purchasing an additional 8,817 shares during the quarter. Segall Bryant & Hamill LLC owned approximately 0.11% of C.H. Robinson Worldwide worth $12,765,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. North Capital Inc. purchased a new position in shares of C.H. Robinson Worldwide in the 1st quarter valued at $25,000. NBC Securities Inc. acquired a new stake in shares of C.H. Robinson Worldwide in the 1st quarter worth $27,000. First Financial Corp IN acquired a new stake in shares of C.H. Robinson Worldwide in the 1st quarter worth $31,000. Proficio Capital Partners LLC acquired a new stake in shares of C.H. Robinson Worldwide in the 4th quarter worth $33,000. Finally, AdvisorNet Financial Inc lifted its stake in shares of C.H. Robinson Worldwide by 252.1% in the first quarter. AdvisorNet Financial Inc now owns 419 shares of the transportation company's stock valued at $43,000 after purchasing an additional 300 shares during the period. 93.15% of the stock is currently owned by institutional investors and hedge funds.

C.H. Robinson Worldwide Stock Performance

Shares of CHRW stock traded down $1.05 during trading hours on Friday, reaching $97.48. The stock had a trading volume of 1,232,694 shares, compared to its average volume of 1,285,192. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.29 and a quick ratio of 1.29. C.H. Robinson Worldwide, Inc. has a twelve month low of $84.68 and a twelve month high of $114.82. The firm has a 50-day simple moving average of $96.33 and a 200-day simple moving average of $97.41. The firm has a market capitalization of $11.57 billion, a PE ratio of 23.32, a price-to-earnings-growth ratio of 1.61 and a beta of 0.89.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.02 by $0.15. The firm had revenue of $4.05 billion during the quarter, compared to analyst estimates of $4.29 billion. C.H. Robinson Worldwide had a net margin of 2.93% and a return on equity of 35.37%. C.H. Robinson Worldwide's revenue was down 8.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.86 EPS. As a group, 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 business also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Friday, June 6th were given a $0.62 dividend. The ex-dividend date was Friday, June 6th. This represents a $2.48 dividend on an annualized basis and a yield of 2.54%. C.H. Robinson Worldwide's dividend payout ratio is presently 59.33%.

Insider Buying and Selling at C.H. Robinson Worldwide

In other news, insider Angela K. Freeman sold 5,700 shares of the firm's stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $97.42, for a total transaction of $555,294.00. Following the completion of the transaction, the insider owned 71,441 shares in the company, valued at approximately $6,959,782.22. This trade represents a 7.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.47% of the company's stock.

Analysts Set New Price Targets

CHRW has been the subject of a number of research reports. Robert W. Baird started coverage on shares of C.H. Robinson Worldwide in a research report on Tuesday, July 1st. They set a "neutral" rating and a $105.00 target price for the company. Barclays decreased their price objective on shares of C.H. Robinson Worldwide from $100.00 to $90.00 and set an "underweight" rating for the company in a research note on Thursday, May 1st. TD Securities boosted their target price 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. Citigroup upped their price target on shares of C.H. Robinson Worldwide from $116.00 to $118.00 and gave the company a "buy" rating in a report on Wednesday, July 9th. Finally, JPMorgan Chase & Co. upped their price target on shares of C.H. Robinson Worldwide from $118.00 to $121.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $114.29.

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.