Tocqueville Asset Management L.P. decreased its position in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 6.3% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 7,500 shares of the transportation company’s stock after selling 500 shares during the period. Tocqueville Asset Management L.P.’s holdings in C.H. Robinson Worldwide were worth $515,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. BlackRock Inc. boosted its stake in C.H. Robinson Worldwide by 3,092.5% in the first quarter. BlackRock Inc. now owns 10,512,195 shares of the transportation company’s stock valued at $812,488,000 after buying an additional 10,182,922 shares during the last quarter. First Eagle Investment Management LLC boosted its stake in C.H. Robinson Worldwide by 8,008.8% in the second quarter. First Eagle Investment Management LLC now owns 4,208,490 shares of the transportation company’s stock valued at $289,039,000 after buying an additional 4,156,590 shares during the last quarter. Vanguard Group Inc. boosted its stake in C.H. Robinson Worldwide by 3.9% in the first quarter. Vanguard Group Inc. now owns 15,129,330 shares of the transportation company’s stock valued at $1,169,345,000 after buying an additional 570,800 shares during the last quarter. FMR LLC boosted its stake in C.H. Robinson Worldwide by 10.2% in the first quarter. FMR LLC now owns 5,091,485 shares of the transportation company’s stock valued at $393,521,000 after buying an additional 472,798 shares during the last quarter. Finally, AXA boosted its stake in C.H. Robinson Worldwide by 215.9% in the first quarter. AXA now owns 631,100 shares of the transportation company’s stock valued at $48,778,000 after buying an additional 431,300 shares during the last quarter. Hedge funds and other institutional investors own 90.08% of the company’s stock.

Shares of C.H. Robinson Worldwide, Inc. (CHRW) opened at 71.57 on Wednesday. C.H. Robinson Worldwide, Inc. has a 12 month low of $63.41 and a 12 month high of $81.16. The firm has a 50-day moving average price of $67.00 and a 200-day moving average price of $71.86. The stock has a market cap of $10.05 billion, a price-to-earnings ratio of 20.99 and a beta of 0.44.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its earnings results on Wednesday, July 19th. The transportation company reported $0.78 earnings per share (EPS) for the quarter, missing the Zacks’ 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 net margin of 3.49% and a return on equity of 37.41%. C.H. Robinson Worldwide’s revenue was up 12.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.00 earnings per share. Equities analysts expect that C.H. Robinson Worldwide, Inc. will post $3.31 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 1st will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date of this dividend is Wednesday, August 30th. C.H. Robinson Worldwide’s payout ratio is 52.94%.

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Several equities research analysts recently issued reports on the company. BidaskClub cut C.H. Robinson Worldwide from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. Citigroup Inc. lowered their price objective on C.H. Robinson Worldwide from $80.00 to $73.00 and set a “neutral” rating on the stock in a report on Thursday, July 13th. Cowen and Company lowered their price objective on C.H. Robinson Worldwide from $73.00 to $68.00 and set a “market perform” rating on the stock in a report on Friday, July 21st. Barclays PLC reiterated a “hold” rating and issued a $67.00 price objective (down from $73.00) on shares of C.H. Robinson Worldwide in a report on Friday, July 21st. Finally, BMO Capital Markets upgraded C.H. Robinson Worldwide from a “market perform” rating to an “outperform” rating and lifted their price objective for the stock from $70.00 to $72.00 in a report on Wednesday, July 26th. They noted that the move was a valuation call. Five research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $70.10.

In other news, VP Angela K. Freeman sold 1,200 shares of the business’s stock in a transaction on Wednesday, August 16th. The shares were 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 through this hyperlink. 0.85% of the stock is currently owned by insiders.

C.H. Robinson Worldwide Company 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.

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

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