V Square Quantitative Management LLC Buys 483 Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

V Square Quantitative Management LLC increased its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 15.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,629 shares of the transportation company’s stock after acquiring an additional 483 shares during the quarter. V Square Quantitative Management LLC’s holdings in C.H. Robinson Worldwide were worth $314,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of CHRW. Studio Investment Management LLC raised its position in shares of C.H. Robinson Worldwide by 28.9% in the fourth quarter. Studio Investment Management LLC now owns 9,058 shares of the transportation company’s stock worth $783,000 after buying an additional 2,030 shares in the last quarter. Mairs & Power Inc. increased its holdings in shares of C.H. Robinson Worldwide by 1.1% in the 4th quarter. Mairs & Power Inc. now owns 576,746 shares of the transportation company’s stock worth $49,825,000 after buying an additional 6,075 shares during the last quarter. Lighthouse Investment Partners LLC purchased a new stake in shares of C.H. Robinson Worldwide during the 4th quarter valued at $3,489,000. Personal CFO Solutions LLC bought a new stake in shares of C.H. Robinson Worldwide during the 4th quarter worth $571,000. Finally, Schroder Investment Management Group grew its position in C.H. Robinson Worldwide by 18.6% in the fourth quarter. Schroder Investment Management Group now owns 760,355 shares of the transportation company’s stock worth $65,687,000 after acquiring an additional 119,041 shares in the last quarter. Hedge funds and other institutional investors own 93.15% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Susquehanna lifted their price target on C.H. Robinson Worldwide from $80.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, May 2nd. BNP Paribas reiterated a “neutral” rating and set a $76.00 price target on shares of C.H. Robinson Worldwide in a research report on Wednesday, March 27th. Raymond James started coverage on shares of C.H. Robinson Worldwide in a report on Wednesday, May 15th. They issued a “market perform” rating for the company. Wolfe Research upgraded shares of C.H. Robinson Worldwide from an “underperform” rating to a “peer perform” rating in a research report on Thursday, April 11th. Finally, StockNews.com raised C.H. Robinson Worldwide from a “sell” rating to a “hold” rating in a research note on Friday, June 7th. Five research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, C.H. Robinson Worldwide has an average rating of “Hold” and an average target price of $84.56.

C.H. Robinson Worldwide Trading Down 1.1 %

NASDAQ CHRW opened at $83.60 on Monday. The stock’s 50 day moving average is $79.35 and its 200 day moving average is $79.56. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of $9.79 billion, a PE ratio of 33.04, a P/E/G ratio of 2.47 and a beta of 0.81. C.H. Robinson Worldwide, Inc. has a twelve month low of $65.00 and a twelve month high of $100.88.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its earnings results on Wednesday, May 1st. The transportation company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.26. C.H. Robinson Worldwide had a net margin of 1.74% and a return on equity of 26.34%. The firm had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.27 billion. During the same period in the prior year, the firm earned $0.98 EPS. The company’s revenue was down 4.3% compared to the same quarter last year. Research analysts forecast that C.H. Robinson Worldwide, Inc. will post 3.59 earnings per share for the current fiscal year.

C.H. Robinson Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 1st. Investors of record on Friday, June 7th will be paid a $0.61 dividend. The ex-dividend date is Friday, June 7th. This represents a $2.44 annualized dividend and a dividend yield of 2.92%. C.H. Robinson Worldwide’s payout ratio is currently 96.44%.

C.H. Robinson Worldwide Profile

C.H. Robinson Worldwide, Inc, together with its subsidiaries, provides freight transportation services, and related logistics and supply chain services in the United States and internationally. It operates through two segments: North American Surface Transportation and Global Forwarding. The company offers transportation and logistics services, such as truckload, less than truckload transportation brokerage services, which include the shipment of single or multiple pallets of freight; intermodal transportation that comprises the shipment service of freight in containers or trailers by a combination of truck and rail; and non-vessel operating common carrier and freight forwarding services, as well as organizes air shipments and provides door-to-door services.