Yousif Capital Management LLC Has $8.56 Million Position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Yousif Capital Management LLC decreased its holdings in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) by 14.1% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 83,628 shares of the transportation company's stock after selling 13,680 shares during the period. Yousif Capital Management LLC owned approximately 0.07% of C.H. Robinson Worldwide worth $8,564,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. National Pension Service purchased a new position in shares of C.H. Robinson Worldwide in the 4th quarter valued at $25,000. NBC Securities Inc. purchased a new position in C.H. Robinson Worldwide in the first quarter valued at about $27,000. First Financial Corp IN purchased a new position in C.H. Robinson Worldwide in the first quarter valued at about $31,000. Mainstream Capital Management LLC acquired a new position in shares of C.H. Robinson Worldwide during the fourth quarter worth about $41,000. Finally, AdvisorNet Financial Inc grew 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 buying an additional 300 shares in the last quarter. 93.15% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. JPMorgan Chase & Co. decreased their price target on C.H. Robinson Worldwide from $126.00 to $118.00 and set an "overweight" rating for the company in a report on Thursday, May 1st. Deutsche Bank Aktiengesellschaft assumed coverage on shares of C.H. Robinson Worldwide in a research note on Friday, March 7th. They issued a "buy" rating and a $129.00 target price for the company. Evercore ISI dropped their price target on shares of C.H. Robinson Worldwide from $119.00 to $110.00 and set an "outperform" rating on the stock in a research note on Thursday, May 1st. Susquehanna cut their price objective on shares of C.H. Robinson Worldwide from $117.00 to $115.00 and set a "positive" rating on the stock in a report on Thursday, May 1st. Finally, Wells Fargo & Company lowered their target price on C.H. Robinson Worldwide from $130.00 to $125.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $114.29.

C.H. Robinson Worldwide Stock Down 1.5%

CHRW traded down $1.46 during trading on Friday, reaching $93.54. 981,522 shares of the stock traded hands, compared to its average volume of 1,331,309. The stock's 50-day simple moving average is $93.21 and its two-hundred day simple moving average is $99.20. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.28 and a quick ratio of 1.49. C.H. Robinson Worldwide, Inc. has a fifty-two week low of $82.16 and a fifty-two week high of $114.82. The stock has a market cap of $11.11 billion, a price-to-earnings ratio of 24.30, a price-to-earnings-growth ratio of 1.16 and a beta of 0.90.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The transportation company reported $1.17 earnings per share for the quarter, topping analysts' consensus estimates of $1.02 by $0.15. The company had revenue of $4.05 billion during the quarter, compared to analysts' expectations of $4.29 billion. C.H. Robinson Worldwide had a return on equity of 34.53% and a net margin of 2.63%. The business's quarterly revenue was down 8.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.86 earnings per share. As a group, equities research analysts expect 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 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 2.65%. The ex-dividend date is Friday, June 6th. C.H. Robinson Worldwide's payout ratio is currently 59.33%.

Insider Buying and Selling at C.H. Robinson Worldwide

In other C.H. Robinson Worldwide news, insider Angela K. Freeman sold 5,700 shares of the firm's stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $97.42, for a total value of $555,294.00. Following the completion of the sale, the insider now owns 71,441 shares in the company, valued at approximately $6,959,782.22. This trade represents a 7.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.47% of the company's stock.

C.H. Robinson Worldwide Company 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.