C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Receives $112.88 Consensus Target Price from Analysts

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has earned an average rating of “Hold” from the nineteen brokerages that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $112.88.

CHRW has been the topic of a number of recent analyst reports. TD Cowen lifted their price target on C.H. Robinson Worldwide from $113.00 to $119.00 and gave the company a “hold” rating in a report on Friday, December 13th. Barclays lifted their target price on C.H. Robinson Worldwide from $85.00 to $95.00 and gave the company an “underweight” rating in a research note on Wednesday, November 13th. Stifel Nicolaus increased their price target on C.H. Robinson Worldwide from $107.00 to $112.00 and gave the stock a “hold” rating in a research note on Monday, December 16th. BMO Capital Markets lifted their price objective on shares of C.H. Robinson Worldwide from $115.00 to $118.00 and gave the company a “market perform” rating in a research note on Friday, December 13th. Finally, The Goldman Sachs Group increased their target price on shares of C.H. Robinson Worldwide from $97.00 to $107.00 and gave the company a “neutral” rating in a research report on Friday, November 1st.

Insider Transactions at C.H. Robinson Worldwide

In related news, insider Michael John Short sold 10,408 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $109.87, for a total value of $1,143,526.96. Following the completion of the transaction, the insider now owns 70,943 shares in the company, valued at $7,794,507.41. The trade was a 12.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.18% of the stock is owned by insiders.

Institutional Trading of C.H. Robinson Worldwide

A number of large investors have recently made changes to their positions in CHRW. Venturi Wealth Management LLC boosted its stake in shares of C.H. Robinson Worldwide by 83.5% during the 3rd quarter. Venturi Wealth Management LLC now owns 244 shares of the transportation company’s stock worth $27,000 after buying an additional 111 shares during the last quarter. Quarry LP raised its holdings in C.H. Robinson Worldwide by 76.7% during the third quarter. Quarry LP now owns 394 shares of the transportation company’s stock worth $43,000 after acquiring an additional 171 shares in the last quarter. Eastern Bank bought a new stake in C.H. Robinson Worldwide during the third quarter worth about $54,000. Livforsakringsbolaget Skandia Omsesidigt bought a new position in C.H. Robinson Worldwide in the third quarter valued at approximately $55,000. Finally, Peoples Bank KS acquired a new position in shares of C.H. Robinson Worldwide during the 3rd quarter worth approximately $66,000. Institutional investors own 93.15% of the company’s stock.

C.H. Robinson Worldwide Trading Down 0.4 %

Shares of NASDAQ CHRW opened at $103.89 on Wednesday. C.H. Robinson Worldwide has a 12-month low of $65.00 and a 12-month high of $114.82. The company has a market cap of $12.28 billion, a price-to-earnings ratio of 35.95, a price-to-earnings-growth ratio of 1.25 and a beta of 0.83. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.86. The stock’s 50 day simple moving average is $107.36 and its 200 day simple moving average is $100.75.

C.H. Robinson Worldwide (NASDAQ:CHRW) last announced its quarterly earnings results on Wednesday, October 30th. The transportation company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.16. C.H. Robinson Worldwide had a net margin of 1.96% and a return on equity of 30.38%. The company had revenue of $4.64 billion during the quarter, compared to the consensus estimate of $4.53 billion. During the same quarter in the previous year, the company posted $0.84 earnings per share. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. Equities research analysts expect that C.H. Robinson Worldwide will post 4.38 EPS for the current year.

C.H. Robinson Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, December 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 2.39%. The ex-dividend date of this dividend is Friday, December 6th. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 85.81%.

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.