Analysts Set C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) PT at $81.21

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Get Free Report) has received a consensus rating of "Reduce" from the fourteen research firms that are presently covering the company, Marketbeat reports. Six investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $81.21.

A number of research firms have recently commented on CHRW. BMO Capital Markets dropped their price target on C.H. Robinson Worldwide from $90.00 to $85.00 and set a "market perform" rating on the stock in a research report on Thursday, February 1st. JPMorgan Chase & Co. dropped their price target on C.H. Robinson Worldwide from $75.00 to $70.00 and set an "underweight" rating on the stock in a research report on Tuesday, April 9th. Susquehanna raised their price target on C.H. Robinson Worldwide from $79.00 to $80.00 and gave the stock a "neutral" rating in a research report on Monday, March 25th. Barclays reaffirmed an "underweight" rating and set a $65.00 price target (down previously from $80.00) on shares of C.H. Robinson Worldwide in a research report on Monday, April 1st. Finally, Stifel Nicolaus raised their price target on C.H. Robinson Worldwide from $84.00 to $85.00 and gave the stock a "hold" rating in a research report on Wednesday, January 10th.

C.H. Robinson Worldwide Trading Up 1.9 %

NASDAQ:CHRW traded up $1.35 during mid-day trading on Friday, hitting $71.22. The company had a trading volume of 1,570,637 shares, compared to its average volume of 1,595,208. C.H. Robinson Worldwide has a fifty-two week low of $65.00 and a fifty-two week high of $106.14. The business's fifty day moving average is $72.92 and its two-hundred day moving average is $80.01. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.40 and a current ratio of 1.40. The firm has a market cap of $8.33 billion, a P/E ratio of 26.28, a P/E/G ratio of 3.54 and a beta of 0.72.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last released its earnings results on Wednesday, January 31st. The transportation company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.30). C.H. Robinson Worldwide had a net margin of 1.85% and a return on equity of 27.61%. The company had revenue of $4.22 billion during the quarter, compared to analyst estimates of $4.35 billion. As a group, research analysts expect that C.H. Robinson Worldwide will post 3.24 earnings per share for the current year.

C.H. Robinson Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Friday, March 1st were paid a $0.61 dividend. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $2.44 dividend on an annualized basis and a yield of 3.43%. C.H. Robinson Worldwide's dividend payout ratio is 90.04%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. American Century Companies Inc. lifted its holdings in C.H. Robinson Worldwide by 11.1% during the 1st quarter. American Century Companies Inc. now owns 8,782 shares of the transportation company's stock worth $946,000 after purchasing an additional 880 shares during the last quarter. Private Advisor Group LLC acquired a new stake in C.H. Robinson Worldwide during the 1st quarter worth approximately $207,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in C.H. Robinson Worldwide by 6.6% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 17,393 shares of the transportation company's stock worth $1,873,000 after purchasing an additional 1,077 shares during the last quarter. Yousif Capital Management LLC lifted its holdings in C.H. Robinson Worldwide by 1.6% during the 1st quarter. Yousif Capital Management LLC now owns 23,349 shares of the transportation company's stock worth $2,515,000 after purchasing an additional 365 shares during the last quarter. Finally, Raymond James Trust N.A. lifted its holdings in C.H. Robinson Worldwide by 12.8% during the 1st quarter. Raymond James Trust N.A. now owns 3,657 shares of the transportation company's stock worth $394,000 after purchasing an additional 414 shares during the last quarter. 93.15% of the stock is currently owned by institutional investors.

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.