C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its position in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 1.9% during the third quarter, Holdings Channel reports. The firm owned 17,777 shares of the transportation company’s stock after acquiring an additional 339 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in C.H. Robinson Worldwide were worth $1,962,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in CHRW. Quent Capital LLC lifted its stake in C.H. Robinson Worldwide by 94.8% during the second quarter. Quent Capital LLC now owns 300 shares of the transportation company’s stock worth $26,000 after purchasing an additional 146 shares in the last quarter. Massmutual Trust Co. FSB ADV lifted its stake in C.H. Robinson Worldwide by 168.2% during the second quarter. Massmutual Trust Co. FSB ADV now owns 295 shares of the transportation company’s stock worth $26,000 after purchasing an additional 185 shares in the last quarter. Sentry Investment Management LLC acquired a new position in C.H. Robinson Worldwide during the first quarter worth $49,000. Eastern Bank acquired a new position in C.H. Robinson Worldwide during the third quarter worth $54,000. Finally, Livforsakringsbolaget Skandia Omsesidigt acquired a new position in C.H. Robinson Worldwide during the third quarter worth $55,000. 93.15% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CHRW has been the topic of a number of research reports. Susquehanna decreased their price target on C.H. Robinson Worldwide from $120.00 to $115.00 and set a “neutral” rating on the stock in a research note on Friday, November 1st. Wells Fargo & Company increased their price objective on C.H. Robinson Worldwide from $94.00 to $106.00 and gave the company an “equal weight” rating in a research note on Thursday, August 1st. Barclays increased their price objective on C.H. Robinson Worldwide from $75.00 to $85.00 and gave the company an “underweight” rating in a research note on Thursday, October 31st. JPMorgan Chase & Co. upgraded C.H. Robinson Worldwide from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $87.00 to $110.00 in a research note on Thursday, August 1st. Finally, BMO Capital Markets increased their price objective on C.H. Robinson Worldwide from $92.00 to $115.00 and gave the company a “market perform” rating in a research note on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $106.25.

C.H. Robinson Worldwide Stock Performance

Shares of CHRW stock opened at $108.56 on Friday. The stock’s 50-day moving average is $106.00 and its two-hundred day moving average is $94.57. The firm has a market cap of $12.83 billion, a price-to-earnings ratio of 37.56, a PEG ratio of 1.22 and a beta of 0.84. C.H. Robinson Worldwide, Inc. has a 1 year low of $65.00 and a 1 year high of $113.10. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.42 and a current ratio of 1.49.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its quarterly earnings data on Wednesday, October 30th. The transportation company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.16. The company had revenue of $4.64 billion for the quarter, compared to analyst estimates of $4.53 billion. C.H. Robinson Worldwide had a return on equity of 30.38% and a net margin of 1.96%. The business’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.84 earnings per share. Analysts predict that C.H. Robinson Worldwide, Inc. will post 4.37 earnings per share for the current year.

C.H. Robinson Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, December 6th will be issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.28%. The ex-dividend date of this dividend is Friday, December 6th. C.H. Robinson Worldwide’s payout ratio is 85.81%.

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.