Neuburgh Advisers LLC cut its holdings in C.H. Robinson Worldwide Inc (NASDAQ:CHRW) by 8.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,000 shares of the transportation company’s stock after selling 352 shares during the quarter. Neuburgh Advisers LLC’s holdings in C.H. Robinson Worldwide were worth $336,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Synovus Financial Corp increased its holdings in shares of C.H. Robinson Worldwide by 80.0% in the fourth quarter. Synovus Financial Corp now owns 288 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 128 shares during the period. Comerica Bank increased its holdings in shares of C.H. Robinson Worldwide by 0.6% in the fourth quarter. Comerica Bank now owns 26,833 shares of the transportation company’s stock valued at $2,324,000 after purchasing an additional 167 shares during the period. Palo Capital Inc. increased its holdings in shares of C.H. Robinson Worldwide by 0.4% in the fourth quarter. Palo Capital Inc. now owns 46,613 shares of the transportation company’s stock valued at $3,920,000 after purchasing an additional 206 shares during the period. M&T Bank Corp increased its holdings in shares of C.H. Robinson Worldwide by 2.8% in the fourth quarter. M&T Bank Corp now owns 7,888 shares of the transportation company’s stock valued at $663,000 after purchasing an additional 214 shares during the period. Finally, ETF Managers Group LLC increased its holdings in shares of C.H. Robinson Worldwide by 18.8% in the fourth quarter. ETF Managers Group LLC now owns 1,427 shares of the transportation company’s stock valued at $120,000 after purchasing an additional 226 shares during the period. Institutional investors own 86.98% of the company’s stock.

A number of research analysts have recently weighed in on the company. Zacks Investment Research raised C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $97.00 price objective on the stock in a report on Thursday, January 31st. BidaskClub lowered C.H. Robinson Worldwide from a “hold” rating to a “sell” rating in a report on Wednesday, March 6th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have given a buy rating to the stock. C.H. Robinson Worldwide currently has a consensus rating of “Hold” and a consensus target price of $96.67.

In related news, insider Jordan T. Kass sold 1,382 shares of the firm’s 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 document filed with the SEC, which can be accessed through the SEC website. Also, insider Angela K. Freeman sold 2,914 shares of the firm’s 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. 0.97% of the stock is owned by company insiders.

C.H. Robinson Worldwide stock opened at $89.00 on Friday. The stock has a market cap of $12.18 billion, a P/E ratio of 18.82, a P/E/G ratio of 1.84 and a beta of 0.70. C.H. Robinson Worldwide Inc has a 52 week low of $78.83 and a 52 week high of $101.20. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.84.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its earnings results on Tuesday, January 29th. The transportation company reported $1.34 EPS for the quarter, topping the consensus estimate of $1.20 by $0.14. The firm had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.24 billion. C.H. Robinson Worldwide had a return on equity of 43.12% and a net margin of 4.00%. During the same period last year, the company earned $0.86 earnings per share. Research analysts anticipate that C.H. Robinson Worldwide Inc will post 5 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 1st will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend is Thursday, February 28th. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is 42.28%.

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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 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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Institutional Ownership by Quarter for C.H. Robinson Worldwide (NASDAQ:CHRW)

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