Chevy Chase Trust Holdings Inc. Lowers Position in C.H. Robinson Worldwide Inc (NASDAQ:CHRW)

Chevy Chase Trust Holdings Inc. cut its holdings in shares of C.H. Robinson Worldwide Inc (NASDAQ:CHRW) by 1.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 120,765 shares of the transportation company’s stock after selling 1,624 shares during the period. Chevy Chase Trust Holdings Inc. owned 0.09% of C.H. Robinson Worldwide worth $10,759,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. QS Investors LLC raised its holdings in shares of C.H. Robinson Worldwide by 0.3% in the second quarter. QS Investors LLC now owns 5,793 shares of the transportation company’s stock worth $398,000 after buying an additional 17 shares during the last quarter. Sentry Investment Management LLC raised its holdings in shares of C.H. Robinson Worldwide by 0.6% during the second quarter. Sentry Investment Management LLC now owns 6,057 shares of the transportation company’s stock worth $416,000 after purchasing an additional 39 shares during the last quarter. Advisory Services Network LLC raised its holdings in shares of C.H. Robinson Worldwide by 1.8% during the second quarter. Advisory Services Network LLC now owns 3,484 shares of the transportation company’s stock worth $239,000 after purchasing an additional 60 shares during the last quarter. Roberts Glore & Co. Inc. IL raised its holdings in shares of C.H. Robinson Worldwide by 0.3% during the second quarter. Roberts Glore & Co. Inc. IL now owns 19,190 shares of the transportation company’s stock worth $1,318,000 after purchasing an additional 65 shares during the last quarter. Finally, Clinton Group Inc. raised its holdings in shares of C.H. Robinson Worldwide by 2.3% during the second quarter. Clinton Group Inc. now owns 5,511 shares of the transportation company’s stock worth $378,000 after purchasing an additional 125 shares during the last quarter. Hedge funds and other institutional investors own 93.56% of the company’s stock.

Several analysts recently commented on the stock. Cleveland Research upgraded shares of C.H. Robinson Worldwide from a “neutral” rating to a “buy” rating in a research report on Friday, January 26th. Zacks Investment Research upgraded shares of C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $103.00 price target on the stock in a research report on Tuesday, February 6th. Stifel Nicolaus raised their price target on shares of C.H. Robinson Worldwide from $71.00 to $82.00 and gave the company a “hold” rating in a research report on Wednesday, November 1st. Barclays lifted their target price on shares of C.H. Robinson Worldwide from $70.00 to $75.00 and gave the company an “equal weight” rating in a research report on Thursday, November 2nd. Finally, Robert W. Baird restated a “hold” rating and set a $90.00 price target on shares of C.H. Robinson Worldwide in a research report on Tuesday, January 9th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $82.53.

C.H. Robinson Worldwide Inc (NASDAQ CHRW) opened at $91.18 on Tuesday. The company has a quick ratio of 1.24, a current ratio of 1.26 and a debt-to-equity ratio of 0.53. C.H. Robinson Worldwide Inc has a twelve month low of $63.41 and a twelve month high of $100.18. The firm has a market cap of $12,710.00, a P/E ratio of 25.54, a P/E/G ratio of 2.31 and a beta of 0.46.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Friday, March 2nd will be issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 2.02%. The ex-dividend date is Thursday, March 1st. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 51.54%.

In other C.H. Robinson Worldwide news, VP Angela K. Freeman sold 1,300 shares of the company’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $80.64, for a total transaction of $104,832.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO John Wiehoff sold 13,946 shares of the company’s stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $92.08, for a total transaction of $1,284,147.68. The disclosure for this sale can be found here. Insiders have sold a total of 20,111 shares of company stock valued at $1,802,505 in the last quarter. 0.85% of the stock is currently owned by company insiders.

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C.H. Robinson Worldwide 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.

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

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