Guggenheim Capital LLC Has $8.56 Million Stock Holdings in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Guggenheim Capital LLC trimmed its holdings in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) by 9.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 82,875 shares of the transportation company's stock after selling 9,129 shares during the quarter. Guggenheim Capital LLC owned 0.07% of C.H. Robinson Worldwide worth $8,563,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CHRW. Aware Super Pty Ltd as trustee of Aware Super acquired a new stake in C.H. Robinson Worldwide in the fourth quarter valued at approximately $597,000. CreativeOne Wealth LLC purchased a new position in C.H. Robinson Worldwide during the fourth quarter valued at $620,000. Mariner LLC increased its stake in shares of C.H. Robinson Worldwide by 5.1% during the fourth quarter. Mariner LLC now owns 32,146 shares of the transportation company's stock worth $3,321,000 after purchasing an additional 1,568 shares in the last quarter. Sterling Capital Management LLC raised its holdings in shares of C.H. Robinson Worldwide by 57.3% during the fourth quarter. Sterling Capital Management LLC now owns 6,882 shares of the transportation company's stock valued at $711,000 after acquiring an additional 2,508 shares during the last quarter. Finally, Accredited Investors Inc. raised its stake in C.H. Robinson Worldwide by 2.8% in the 4th quarter. Accredited Investors Inc. now owns 94,027 shares of the transportation company's stock valued at $9,715,000 after purchasing an additional 2,603 shares during the last quarter. 93.15% of the stock is owned by institutional investors and hedge funds.

C.H. Robinson Worldwide Stock Performance

Shares of CHRW traded up $1.46 during mid-day trading on Tuesday, hitting $90.73. The company's stock had a trading volume of 80,962 shares, compared to its average volume of 1,399,696. C.H. Robinson Worldwide, Inc. has a one year low of $69.66 and a one year high of $114.82. The stock's 50-day moving average is $97.13 and its two-hundred day moving average is $102.84. The firm has a market capitalization of $10.73 billion, a PE ratio of 23.56, a price-to-earnings-growth ratio of 1.16 and a beta of 0.86. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.49 and a current ratio of 1.28.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The transportation company reported $1.21 EPS for the quarter, beating analysts' consensus estimates of $1.10 by $0.11. C.H. Robinson Worldwide had a net margin of 2.63% and a return on equity of 34.53%. As a group, sell-side analysts anticipate that C.H. Robinson Worldwide, Inc. will post 4.83 EPS for the current year.

C.H. Robinson Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 7th were paid a $0.62 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.73%. C.H. Robinson Worldwide's payout ratio is 64.42%.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. StockNews.com cut shares of C.H. Robinson Worldwide from a "buy" rating to a "hold" rating in a research note on Friday, March 7th. Jefferies Financial Group dropped 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 report on Friday, April 11th. Raymond James decreased their price objective on C.H. Robinson Worldwide from $118.00 to $111.00 and set an "outperform" rating on the stock in a report on Friday, April 11th. Barclays increased their target price on shares of C.H. Robinson Worldwide from $95.00 to $100.00 and gave the stock an "underweight" rating in a research note on Friday, January 17th. Finally, Bank of America lowered their price objective on shares of C.H. Robinson Worldwide from $122.00 to $119.00 and set a "buy" rating for the company in a research report on Friday, March 28th. One analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $117.20.

Insider Buying and Selling

In related news, insider Angela K. Freeman sold 8,000 shares of the firm's stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $100.39, for a total value of $803,120.00. Following the completion of the sale, the insider now owns 77,027 shares of the company's stock, valued at $7,732,740.53. This trade represents a 9.41 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Michael D. Castagnetto sold 5,016 shares of the business's stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $99.60, for a total value of $499,593.60. Following the sale, the insider now owns 34,586 shares of the company's stock, valued at approximately $3,444,765.60. The trade was a 12.67 % decrease in their position. The disclosure for this sale can be found here. 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.