Shares of C.H. Robinson Worldwide Inc (NASDAQ:CHRW) have received an average rating of “Hold” from the twenty brokerages that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $91.00.

Several research firms recently commented on CHRW. Stifel Nicolaus set a $95.00 price target on shares of C.H. Robinson Worldwide and gave the stock a “buy” rating in a research note on Friday, May 3rd. Stephens reduced their price target on shares of C.H. Robinson Worldwide from $93.00 to $86.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 2nd. Citigroup reduced their price target on shares of C.H. Robinson Worldwide from $102.00 to $88.00 and set a “buy” rating on the stock in a research note on Thursday, May 2nd. UBS Group downgraded shares of C.H. Robinson Worldwide from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $99.00 to $83.00 in a research note on Wednesday, May 1st. Finally, Susquehanna Bancshares downgraded shares of C.H. Robinson Worldwide from a “positive” rating to a “neutral” rating in a research note on Wednesday, April 10th.

CHRW stock traded up $0.13 during trading on Monday, hitting $83.70. The company had a trading volume of 1,365,006 shares, compared to its average volume of 1,154,757. The company has a market capitalization of $11.41 billion, a PE ratio of 17.70, a P/E/G ratio of 1.87 and a beta of 0.62. C.H. Robinson Worldwide has a 52-week low of $77.72 and a 52-week high of $101.20. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.91 and a quick ratio of 1.91.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings results on Tuesday, April 30th. The transportation company reported $1.16 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.14 by $0.02. The company had revenue of $3.75 billion for the quarter, compared to the consensus estimate of $3.98 billion. C.H. Robinson Worldwide had a net margin of 4.16% and a return on equity of 43.21%. The firm’s revenue was down 4.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.01 EPS. Sell-side analysts forecast that C.H. Robinson Worldwide will post 4.95 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 7th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.39%. The ex-dividend date of this dividend is Thursday, June 6th. C.H. Robinson Worldwide’s payout ratio is 42.28%.

In other C.H. Robinson Worldwide news, CEO Robert C. Biesterfeld, Jr. bought 1,202 shares of the company’s stock in a transaction on Thursday, May 9th. The shares were bought at an average cost of $83.18 per share, for a total transaction of $99,982.36. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.65% of the stock is owned by corporate insiders.

A number of institutional investors have recently modified their holdings of CHRW. Thor Advisors LLC bought a new stake in shares of C.H. Robinson Worldwide in the 1st quarter valued at about $70,000. Clearbridge Investments LLC boosted its holdings in shares of C.H. Robinson Worldwide by 3.5% in the 1st quarter. Clearbridge Investments LLC now owns 438,350 shares of the transportation company’s stock valued at $38,132,000 after buying an additional 14,904 shares in the last quarter. Cerebellum GP LLC acquired a new stake in C.H. Robinson Worldwide in the 1st quarter worth approximately $314,000. Cleararc Capital Inc. acquired a new stake in C.H. Robinson Worldwide in the 1st quarter worth approximately $288,000. Finally, FMR LLC boosted its stake in C.H. Robinson Worldwide by 1.4% in the 1st quarter. FMR LLC now owns 8,125,920 shares of the transportation company’s stock worth $706,873,000 after purchasing an additional 111,607 shares in the last quarter. Institutional investors own 86.17% of the company’s stock.

C.H. Robinson Worldwide Company Profile

C.H. Robinson Worldwide, Inc, a third party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. The company operates through North American Surface Transportation and Global Forwarding segments. It offers transportation and logistics services, such as truckload; less than truckload transportation, which include the shipment of single or multiple pallets of freight; intermodal transportation that include the shipment service of freight in trailers or containers by a combination of truck and rail; and non-vessel ocean common carrier or freight forwarding services, as well as organizes air shipments and offers door-to-door services.

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Analyst Recommendations for C.H. Robinson Worldwide (NASDAQ:CHRW)

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