Virtu KCG Holdings LLC trimmed its position in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 70.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,056 shares of the transportation company’s stock after selling 21,203 shares during the quarter. Virtu KCG Holdings LLC’s holdings in C.H. Robinson Worldwide were worth $622,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CHRW. BlackRock Inc. boosted its position in C.H. Robinson Worldwide by 3,092.5% during the first quarter. BlackRock Inc. now owns 10,512,195 shares of the transportation company’s stock worth $812,488,000 after purchasing an additional 10,182,922 shares in the last quarter. First Eagle Investment Management LLC boosted its position in C.H. Robinson Worldwide by 8,008.8% during the second quarter. First Eagle Investment Management LLC now owns 4,208,490 shares of the transportation company’s stock worth $289,039,000 after purchasing an additional 4,156,590 shares in the last quarter. Vanguard Group Inc. boosted its position in C.H. Robinson Worldwide by 3.9% during the first quarter. Vanguard Group Inc. now owns 15,129,330 shares of the transportation company’s stock worth $1,169,345,000 after purchasing an additional 570,800 shares in the last quarter. Alliancebernstein L.P. boosted its position in C.H. Robinson Worldwide by 168.7% during 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 in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in C.H. Robinson Worldwide by 12.6% during the second quarter. Bank of New York Mellon Corp now owns 3,485,754 shares of the transportation company’s stock worth $239,401,000 after purchasing an additional 389,642 shares in the last quarter. Institutional investors own 90.10% of the company’s stock.

In other news, VP Angela K. Freeman sold 1,200 shares of the firm’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $68.72, for a total value of $82,464.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.85% of the company’s stock.

A number of research firms have commented on CHRW. Barclays PLC boosted their target price on C.H. Robinson Worldwide from $67.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Monday, October 2nd. BMO Capital Markets downgraded C.H. Robinson Worldwide from an “outperform” rating to a “market perform” rating and boosted their target price for the stock from $72.00 to $77.00 in a research report on Tuesday, October 3rd. They noted that the move was a valuation call. BidaskClub upgraded C.H. Robinson Worldwide from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 5th. KeyCorp reiterated a “buy” rating and set a $78.00 target price on shares of C.H. Robinson Worldwide in a research report on Tuesday, September 26th. Finally, Cowen and Company decreased their target price on C.H. Robinson Worldwide from $73.00 to $68.00 and set a “market perform” rating on the stock in a research report on Friday, July 21st. Four analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $72.83.

C.H. Robinson Worldwide, Inc. (CHRW) opened at 76.52 on Friday. The firm has a market capitalization of $10.74 billion, a price-to-earnings ratio of 22.44 and a beta of 0.42. C.H. Robinson Worldwide, Inc. has a 1-year low of $63.41 and a 1-year high of $81.16. The company has a 50-day moving average price of $72.37 and a 200 day moving average price of $70.78.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its earnings results on Wednesday, July 19th. The transportation company reported $0.78 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.90 by ($0.12). The business had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.63 billion. C.H. Robinson Worldwide had a return on equity of 37.41% and a net margin of 3.49%. The business’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period last year, the business earned $1.00 EPS. Equities analysts anticipate that C.H. Robinson Worldwide, Inc. will post $3.28 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 1st were given a $0.45 dividend. The ex-dividend date was Wednesday, August 30th. This represents a $1.80 annualized dividend and a dividend yield of 2.35%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 52.94%.

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C.H. Robinson Worldwide Profile

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.

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

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