C.H. Robinson Worldwide (NASDAQ:CHRW) was downgraded by stock analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued on Wednesday.

Several other research analysts also recently commented on the company. Stifel Nicolaus set a $99.00 price objective on C.H. Robinson Worldwide and gave the stock a “hold” rating in a research note on Monday. Zacks Investment Research downgraded C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Credit Suisse Group decreased their price objective on C.H. Robinson Worldwide from $86.00 to $80.00 and set an “underperform” rating on the stock in a research note on Tuesday, January 15th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $96.13.

NASDAQ CHRW opened at $85.54 on Wednesday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.92 and a current ratio of 1.92. C.H. Robinson Worldwide has a 52 week low of $78.83 and a 52 week high of $101.20. The stock has a market capitalization of $11.59 billion, a PE ratio of 18.08, a P/E/G ratio of 1.75 and a beta of 0.70.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings data on Tuesday, January 29th. The transportation company reported $1.34 EPS for the quarter, topping the consensus estimate of $1.20 by $0.14. C.H. Robinson Worldwide had a return on equity of 43.12% and a net margin of 4.00%. The firm had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.24 billion. During the same quarter last year, the company earned $0.86 earnings per share. On average, equities analysts predict that C.H. Robinson Worldwide will post 5.01 EPS for the current fiscal year.

In related news, insider Jordan T. Kass sold 1,382 shares of the stock in a transaction dated Wednesday, February 6th. The stock was sold at an average price of $90.80, for a total transaction of $125,485.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Angela K. Freeman sold 2,914 shares of the stock in a transaction dated Thursday, February 14th. The stock was sold at an average price of $91.01, for a total value of $265,203.14. The disclosure for this sale can be found here. Company insiders own 0.97% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the stock. Synovus Financial Corp grew its position in shares of C.H. Robinson Worldwide by 80.0% during the fourth quarter. Synovus Financial Corp now owns 288 shares of the transportation company’s stock worth $25,000 after purchasing an additional 128 shares in the last quarter. Comerica Bank grew its holdings in C.H. Robinson Worldwide by 0.6% during the 4th quarter. Comerica Bank now owns 26,833 shares of the transportation company’s stock valued at $2,324,000 after buying an additional 167 shares in the last quarter. CWM Advisors LLC grew its holdings in C.H. Robinson Worldwide by 6.3% during the 4th quarter. CWM Advisors LLC now owns 3,241 shares of the transportation company’s stock valued at $273,000 after buying an additional 192 shares in the last quarter. Palo Capital Inc. grew its holdings in C.H. Robinson Worldwide by 0.4% during the 4th quarter. Palo Capital Inc. now owns 46,613 shares of the transportation company’s stock valued at $3,920,000 after buying an additional 206 shares in the last quarter. Finally, AE Wealth Management LLC grew its holdings in C.H. Robinson Worldwide by 2.5% during the 4th quarter. AE Wealth Management LLC now owns 8,708 shares of the transportation company’s stock valued at $732,000 after buying an additional 213 shares in the last quarter. Hedge funds and other institutional investors own 88.11% of the company’s stock.

About C.H. Robinson Worldwide

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 three segments: North American Surface Transportation, Global Forwarding, and Robinson Fresh. 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, which is 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 provides door-to-door services.

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

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