First Bank & Trust Has $326,000 Holdings in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

First Bank & Trust increased its stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 6.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,280 shares of the transportation company’s stock after purchasing an additional 271 shares during the period. First Bank & Trust’s holdings in C.H. Robinson Worldwide were worth $326,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Saratoga Research & Investment Management boosted its stake in C.H. Robinson Worldwide by 2.0% in the 1st quarter. Saratoga Research & Investment Management now owns 546,514 shares of the transportation company’s stock worth $41,612,000 after purchasing an additional 10,753 shares during the period. Brookstone Capital Management lifted its position in C.H. Robinson Worldwide by 4.5% during the 1st quarter. Brookstone Capital Management now owns 6,574 shares of the transportation company’s stock worth $501,000 after buying an additional 286 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new stake in C.H. Robinson Worldwide during the 1st quarter worth about $296,000. Gateway Investment Advisers LLC lifted its position in C.H. Robinson Worldwide by 16.4% during the 1st quarter. Gateway Investment Advisers LLC now owns 6,198 shares of the transportation company’s stock worth $472,000 after buying an additional 875 shares in the last quarter. Finally, FCF Advisors LLC lifted its position in C.H. Robinson Worldwide by 8.1% during the 1st quarter. FCF Advisors LLC now owns 21,856 shares of the transportation company’s stock worth $1,664,000 after buying an additional 1,643 shares in the last quarter. 93.15% of the stock is owned by institutional investors and hedge funds.

C.H. Robinson Worldwide Stock Performance

Shares of NASDAQ:CHRW opened at $88.12 on Friday. The company’s 50 day moving average price is $82.71 and its two-hundred day moving average price is $79.79. C.H. Robinson Worldwide, Inc. has a 12-month low of $65.00 and a 12-month high of $100.88. The firm has a market cap of $10.32 billion, a PE ratio of 34.83, a PEG ratio of 2.61 and a beta of 0.81. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.99.

C.H. Robinson Worldwide (NASDAQ:CHRW) last announced its earnings results on Wednesday, May 1st. The transportation company reported $0.86 earnings per share (EPS) 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 analyst estimates of $4.27 billion. During the same quarter in the prior year, the business posted $0.98 EPS. The business’s revenue was down 4.3% compared to the same quarter last year. Equities research analysts predict that C.H. Robinson Worldwide, Inc. will post 3.59 earnings per share for the current year.

C.H. Robinson Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 1st. Investors of record on Friday, June 7th will be given a dividend of $0.61 per share. The ex-dividend date of this dividend is Friday, June 7th. This represents a $2.44 annualized dividend and a dividend yield of 2.77%. C.H. Robinson Worldwide’s dividend payout ratio is 96.44%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. JPMorgan Chase & Co. boosted their price target on shares of C.H. Robinson Worldwide from $70.00 to $76.00 and gave the stock an “underweight” rating in a research report on Thursday, May 2nd. TD Cowen boosted their price target on shares of C.H. Robinson Worldwide from $79.00 to $86.00 and gave the stock a “hold” rating in a research report on Thursday, May 2nd. Wells Fargo & Company assumed coverage on shares of C.H. Robinson Worldwide in a research report on Friday, June 7th. They set an “equal weight” rating and a $94.00 price target on the stock. UBS Group raised shares of C.H. Robinson Worldwide from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $71.00 to $90.00 in a research report on Thursday, June 6th. Finally, Evercore ISI raised shares of C.H. Robinson Worldwide from an “in-line” rating to an “outperform” rating and upped their target price for the company from $82.00 to $99.00 in a report on Tuesday, June 25th. Five research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, C.H. Robinson Worldwide presently has a consensus rating of “Hold” and an average target price of $85.38.

About C.H. Robinson Worldwide

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.