Horan Capital Management reduced its stake in shares of C.H. Robinson Worldwide Inc (NASDAQ:CHRW) by 0.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 44,378 shares of the transportation company’s stock after selling 142 shares during the period. Horan Capital Management’s holdings in C.H. Robinson Worldwide were worth $3,860,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of CHRW. FMR LLC grew its holdings in C.H. Robinson Worldwide by 91.8% during the 4th quarter. FMR LLC now owns 8,014,313 shares of the transportation company’s stock worth $673,924,000 after acquiring an additional 3,836,115 shares during the period. Oregon Public Employees Retirement Fund grew its holdings in C.H. Robinson Worldwide by 5,277.8% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,857,462 shares of the transportation company’s stock worth $34,000 after acquiring an additional 2,804,328 shares during the period. Norges Bank acquired a new stake in C.H. Robinson Worldwide during the 4th quarter worth about $103,687,000. Vanguard Group Inc grew its holdings in C.H. Robinson Worldwide by 3.1% during the 3rd quarter. Vanguard Group Inc now owns 16,437,440 shares of the transportation company’s stock worth $1,609,555,000 after acquiring an additional 491,114 shares during the period. Finally, Clearbridge Investments LLC grew its holdings in C.H. Robinson Worldwide by 27,368.4% during the 3rd quarter. Clearbridge Investments LLC now owns 436,748 shares of the transportation company’s stock worth $42,766,000 after acquiring an additional 435,158 shares during the period. Hedge funds and other institutional investors own 87.91% of the company’s stock.

A number of analysts have weighed in on the company. Susquehanna Bancshares downgraded C.H. Robinson Worldwide from a “positive” rating to a “neutral” rating in a report on Wednesday, April 10th. Barclays increased their price target on C.H. Robinson Worldwide from $95.00 to $100.00 and gave the stock an “equal weight” rating in a report on Thursday, April 4th. BidaskClub upgraded C.H. Robinson Worldwide from a “strong sell” rating to a “sell” rating in a report on Wednesday, April 3rd. Stifel Nicolaus set a $99.00 price target on C.H. Robinson Worldwide and gave the stock a “hold” rating in a report on Monday, March 25th. Finally, Zacks Investment Research downgraded C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a report on Tuesday, March 26th. Three 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 stock has an average rating of “Hold” and a consensus price target of $96.13.

Shares of CHRW traded up $0.09 during trading hours on Monday, hitting $90.88. The stock had a trading volume of 890,522 shares, compared to its average volume of 1,119,791. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.92 and a quick ratio of 1.92. The company has a market cap of $12.47 billion, a PE ratio of 19.21, a P/E/G ratio of 1.85 and a beta of 0.69. C.H. Robinson Worldwide Inc has a 1-year low of $78.83 and a 1-year high of $101.20.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its earnings results on Tuesday, January 29th. The transportation company reported $1.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.20 by $0.14. The company had revenue of $4.14 billion during the quarter, compared to the consensus estimate 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 business posted $0.86 EPS. Analysts expect that C.H. Robinson Worldwide Inc will post 5.01 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 1st were paid a $0.50 dividend. The ex-dividend date of this dividend was Thursday, February 28th. This represents a $2.00 annualized dividend and a dividend yield of 2.20%. C.H. Robinson Worldwide’s dividend payout ratio is presently 42.28%.

In other C.H. Robinson Worldwide news, insider Jordan T. Kass sold 1,382 shares of C.H. Robinson Worldwide 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 filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Angela K. Freeman sold 2,914 shares of C.H. Robinson Worldwide stock in a transaction dated Thursday, February 14th. The shares were 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 1.65% of the company’s stock.

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C.H. Robinson Worldwide 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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