Speece Thorson Capital Group Inc. Sells 35,564 Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Speece Thorson Capital Group Inc. decreased its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW - Free Report) by 22.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 119,868 shares of the transportation company's stock after selling 35,564 shares during the quarter. C.H. Robinson Worldwide makes up 2.4% of Speece Thorson Capital Group Inc.'s investment portfolio, making the stock its 25th largest position. Speece Thorson Capital Group Inc. owned 0.10% of C.H. Robinson Worldwide worth $12,385,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of CHRW. Vanguard Group Inc. raised its position in C.H. Robinson Worldwide by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 14,535,174 shares of the transportation company's stock valued at $1,501,774,000 after purchasing an additional 251,943 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in C.H. Robinson Worldwide by 4.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,147,830 shares of the transportation company's stock valued at $428,554,000 after acquiring an additional 191,611 shares in the last quarter. Geode Capital Management LLC increased its position in C.H. Robinson Worldwide by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 3,168,030 shares of the transportation company's stock valued at $326,549,000 after purchasing an additional 64,019 shares during the period. Van ECK Associates Corp raised its holdings in C.H. Robinson Worldwide by 92,841.1% in the 4th quarter. Van ECK Associates Corp now owns 3,007,574 shares of the transportation company's stock worth $310,742,000 after purchasing an additional 3,004,338 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of C.H. Robinson Worldwide by 25.7% in the 4th quarter. Wellington Management Group LLP now owns 2,899,550 shares of the transportation company's stock worth $299,582,000 after purchasing an additional 593,211 shares during the period. 93.15% of the stock is owned by institutional investors.

C.H. Robinson Worldwide Stock Performance

CHRW traded down $2.86 during mid-day trading on Friday, reaching $89.17. 525,924 shares of the company traded hands, compared to its average volume of 1,402,585. The stock has a market capitalization of $10.54 billion, a P/E ratio of 23.17, a P/E/G ratio of 1.16 and a beta of 0.86. C.H. Robinson Worldwide, Inc. has a 52-week low of $69.69 and a 52-week high of $114.82. 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 company's fifty day moving average price is $96.63 and its 200-day moving average price is $102.57.

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

C.H. Robinson Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 7th were paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.78%. The ex-dividend date of this dividend was Friday, March 7th. C.H. Robinson Worldwide's dividend payout ratio is presently 64.42%.

Insider Activity

In other C.H. Robinson Worldwide news, insider Michael D. Castagnetto sold 5,016 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $99.60, for a total transaction of $499,593.60. Following the sale, the insider now owns 34,586 shares in the company, valued at approximately $3,444,765.60. This trade represents a 12.67 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Angela K. Freeman sold 8,000 shares of the company's stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $100.39, for a total transaction of $803,120.00. Following the completion of the transaction, the insider now owns 77,027 shares of the company's stock, valued at approximately $7,732,740.53. The trade was a 9.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.47% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. StockNews.com downgraded shares of C.H. Robinson Worldwide from a "buy" rating to a "hold" rating in a research note on Friday, March 7th. Barclays increased their target price on C.H. Robinson Worldwide from $95.00 to $100.00 and gave the stock an "underweight" rating in a research report on Friday, January 17th. Stephens restated an "equal weight" rating and set a $111.00 price target on shares of C.H. Robinson Worldwide in a research report on Thursday, January 30th. Deutsche Bank Aktiengesellschaft assumed coverage on C.H. Robinson Worldwide in a research note on Friday, March 7th. They issued a "buy" rating and a $129.00 price target on the stock. Finally, Jefferies Financial Group lowered their price objective on C.H. Robinson Worldwide from $110.00 to $100.00 and set a "hold" rating for the company in a research report on Friday, April 11th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $117.20.

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.