3,397 Shares in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Bought by XY Planning Network Inc.

XY Planning Network Inc. acquired a new stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 3,397 shares of the transportation company's stock, valued at approximately $351,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. National Pension Service acquired a new position in C.H. Robinson Worldwide in the fourth quarter valued at about $25,000. Proficio Capital Partners LLC acquired a new stake in shares of C.H. Robinson Worldwide in the 4th quarter valued at approximately $33,000. Mainstream Capital Management LLC bought a new position in C.H. Robinson Worldwide during the 4th quarter worth approximately $41,000. Stonebridge Financial Group LLC acquired a new position in C.H. Robinson Worldwide during the fourth quarter valued at approximately $52,000. Finally, Bernard Wealth Management Corp. acquired a new position in C.H. Robinson Worldwide during the fourth quarter valued at approximately $83,000. Institutional investors own 93.15% of the company's stock.

C.H. Robinson Worldwide Stock Performance

Shares of C.H. Robinson Worldwide stock traded down $0.23 on Friday, hitting $95.87. The stock had a trading volume of 2,199,687 shares, compared to its average volume of 1,364,638. C.H. Robinson Worldwide, Inc. has a twelve month low of $82.16 and a twelve month high of $114.82. The business's 50 day moving average is $93.73 and its two-hundred day moving average is $100.06. The company has a quick ratio of 1.49, a current ratio of 1.28 and a debt-to-equity ratio of 0.54. The stock has a market cap of $11.38 billion, a price-to-earnings ratio of 24.90, a price-to-earnings-growth ratio of 1.16 and a beta of 0.92.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last posted its earnings results on Wednesday, April 30th. The transportation company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.02 by $0.15. C.H. Robinson Worldwide had a return on equity of 34.53% and a net margin of 2.63%. The company had revenue of $4.05 billion for the quarter, compared to the consensus estimate of $4.29 billion. During the same quarter in the prior year, the business earned $0.86 earnings per share. The firm's revenue for the quarter was down 8.3% on a year-over-year basis. Analysts forecast that C.H. Robinson Worldwide, Inc. will post 4.83 EPS for the current year.

C.H. Robinson Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, June 6th will be given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date of this dividend is Friday, June 6th. C.H. Robinson Worldwide's dividend payout ratio is currently 59.33%.

Insider Buying and Selling

In related news, insider Angela K. Freeman sold 5,700 shares of the stock in a transaction that occurred on 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 of the company's stock, valued at $6,959,782.22. This represents a 7.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.47% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on CHRW shares. Evercore ISI decreased their price objective on shares of C.H. Robinson Worldwide from $119.00 to $110.00 and set an "outperform" rating for the company in a report on Thursday, May 1st. Raymond James decreased their target price on C.H. Robinson Worldwide from $118.00 to $111.00 and set an "outperform" rating for the company in a research note on Friday, April 11th. Benchmark reissued a "buy" rating and issued a $125.00 target price on shares of C.H. Robinson Worldwide in a research note on Friday, January 31st. Stifel Nicolaus raised C.H. Robinson Worldwide from a "hold" rating to a "buy" rating and set a $113.00 price objective for the company in a research report on Friday, January 31st. Finally, TD Cowen upped their target price on C.H. Robinson Worldwide from $111.00 to $112.00 and gave the stock a "hold" rating in a report on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and thirteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target 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.