Robert W. Baird reiterated their hold rating on shares of C.H. Robinson Worldwide (NASDAQ:CHRW) in a report published on Tuesday. The brokerage currently has a $90.00 price target on the transportation company’s stock.

CHRW has been the topic of a number of other research reports. Zacks Investment Research raised shares of C.H. Robinson Worldwide from a hold rating to a buy rating and set a $85.00 price target on the stock in a research note on Wednesday, October 18th. Credit Suisse Group boosted their price objective on shares of C.H. Robinson Worldwide from $68.00 to $69.00 and gave the company an underperform rating in a research report on Thursday, November 2nd. Citigroup upgraded shares of C.H. Robinson Worldwide from a neutral rating to a buy rating in a research report on Thursday, January 4th. Bank of America upgraded shares of C.H. Robinson Worldwide from an underperform rating to a buy rating and boosted their price objective for the company from $70.00 to $86.00 in a research report on Tuesday, October 10th. Finally, BMO Capital Markets cut shares of C.H. Robinson Worldwide from an outperform rating to a market perform rating and boosted their price objective for the company from $72.00 to $77.00 in a research report on Tuesday, October 3rd. They noted that the move was a valuation call. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company’s stock. C.H. Robinson Worldwide has an average rating of Hold and an average price target of $78.18.

C.H. Robinson Worldwide (NASDAQ:CHRW) traded up $0.36 during trading on Tuesday, reaching $94.28. 983,297 shares of the company were exchanged, compared to its average volume of 1,470,000. The stock has a market capitalization of $13,140.00, a P/E ratio of 28.14, a price-to-earnings-growth ratio of 2.77 and a beta of 0.48. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.55. C.H. Robinson Worldwide has a 52 week low of $63.41 and a 52 week high of $94.51.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its quarterly earnings results on Tuesday, October 31st. The transportation company reported $0.85 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.82 by $0.03. The company had revenue of $3.78 billion for the quarter, compared to the consensus estimate of $3.65 billion. C.H. Robinson Worldwide had a net margin of 3.31% and a return on equity of 36.06%. C.H. Robinson Worldwide’s revenue was up 12.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.90 earnings per share. sell-side analysts anticipate that C.H. Robinson Worldwide will post 3.34 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Monday, December 18th were given a dividend of $0.46 per share. This is a boost from C.H. Robinson Worldwide’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend was Friday, December 15th. This represents a $1.84 dividend on an annualized basis and a yield of 1.95%. C.H. Robinson Worldwide’s payout ratio is 54.93%.

In other news, VP Angela K. Freeman sold 1,300 shares of the company’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $80.64, for a total value of $104,832.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Ben G. Campbell sold 4,865 shares of the company’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $85.00, for a total transaction of $413,525.00. Following the completion of the transaction, the vice president now owns 29,837 shares in the company, valued at $2,536,145. The disclosure for this sale can be found here. Insiders have sold 22,903 shares of company stock worth $1,854,925 in the last quarter. Company insiders own 0.85% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of CHRW. First Eagle Investment Management LLC grew its holdings in shares of C.H. Robinson Worldwide by 51.4% in the third quarter. First Eagle Investment Management LLC now owns 6,370,010 shares of the transportation company’s stock worth $484,758,000 after purchasing an additional 2,161,520 shares during the last quarter. Harris Associates L P grew its holdings in shares of C.H. Robinson Worldwide by 273.2% in the second quarter. Harris Associates L P now owns 1,027,045 shares of the transportation company’s stock worth $70,537,000 after purchasing an additional 751,820 shares during the last quarter. Janus Henderson Group PLC grew its holdings in shares of C.H. Robinson Worldwide by 3,618.9% in the second quarter. Janus Henderson Group PLC now owns 566,205 shares of the transportation company’s stock worth $38,887,000 after purchasing an additional 550,980 shares during the last quarter. Alliancebernstein L.P. grew its holdings in shares of C.H. Robinson Worldwide by 168.7% in the second quarter. Alliancebernstein L.P. now owns 793,718 shares of the transportation company’s stock worth $54,513,000 after purchasing an additional 498,362 shares during the last quarter. Finally, Capital International Investors grew its holdings in shares of C.H. Robinson Worldwide by 5.6% in the third quarter. Capital International Investors now owns 9,166,834 shares of the transportation company’s stock worth $697,596,000 after purchasing an additional 488,372 shares during the last quarter. Hedge funds and other institutional investors own 94.22% of the company’s stock.

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About C.H. Robinson Worldwide

C.H. Robinson Worldwide, Inc is a provider of transportation services and logistics solutions through a network of offices operating in North America, Europe, Asia, Australia, New Zealand and South America. The Company’s segments include North American Surface Transportation (NAST), Global Forwarding, Robinson Fresh, and All Other and Corporate.

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

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