C.H. Robinson Worldwide Inc (NASDAQ:CHRW) insider Angela K. Freeman sold 2,914 shares of the business’s stock in a transaction dated Thursday, February 14th. The stock was sold at an average price of $91.01, for a total transaction of $265,203.14. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
NASDAQ:CHRW traded up $0.75 on Friday, hitting $91.45. The stock had a trading volume of 1,202,096 shares, compared to its average volume of 1,324,800. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.92 and a quick ratio of 1.85. The firm has a market capitalization of $12.50 billion, a price-to-earnings ratio of 19.33, a PEG ratio of 2.02 and a beta of 0.61. C.H. Robinson Worldwide Inc has a 1-year low of $78.83 and a 1-year high of $101.20.
C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its earnings results on Tuesday, January 29th. The transportation company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.14. The company had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.24 billion. C.H. Robinson Worldwide had a net margin of 4.00% and a return on equity of 43.12%. During the same period in the previous year, the business posted $0.86 EPS. As a group, equities analysts anticipate that C.H. Robinson Worldwide Inc will post 5.01 earnings per share for the current fiscal year.
A number of equities analysts recently weighed in on the stock. Credit Suisse Group lowered their price target on shares of C.H. Robinson Worldwide from $86.00 to $80.00 and set an “underperform” rating on the stock in a research report on Tuesday, January 15th. Zacks Investment Research lowered shares of C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a research report on Monday, January 7th. Citigroup lowered their price target on shares of C.H. Robinson Worldwide from $111.00 to $102.00 and set a “buy” rating on the stock in a research report on Wednesday, October 31st. Morgan Stanley set a $67.00 price target on shares of C.H. Robinson Worldwide and gave the stock a “sell” rating in a research report on Monday, October 22nd. Finally, Cleveland Research restated a “neutral” rating on shares of C.H. Robinson Worldwide in a research report on Friday, October 19th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $96.67.
A number of large investors have recently bought and sold shares of the business. Oregon Public Employees Retirement Fund raised its stake in shares of C.H. Robinson Worldwide by 5,277.8% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,857,462 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 2,804,328 shares during the period. FMR LLC raised its stake in shares of C.H. Robinson Worldwide by 42.0% in the 3rd quarter. FMR LLC now owns 4,178,198 shares of the transportation company’s stock valued at $409,129,000 after acquiring an additional 1,235,725 shares during the period. Ashler Capital LLC purchased a new stake in shares of C.H. Robinson Worldwide in the 3rd quarter valued at approximately $63,015,000. Vanguard Group Inc raised its stake in shares of C.H. Robinson Worldwide by 3.1% in the 3rd quarter. Vanguard Group Inc now owns 16,437,440 shares of the transportation company’s stock valued at $1,609,555,000 after acquiring an additional 491,114 shares during the period. Finally, Clearbridge Investments LLC raised its stake in shares of C.H. Robinson Worldwide by 27,368.4% in the 3rd quarter. Clearbridge Investments LLC now owns 436,748 shares of the transportation company’s stock valued at $42,766,000 after acquiring an additional 435,158 shares during the period. Institutional investors own 88.20% of the company’s stock.
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About C.H. Robinson Worldwide
C.H. Robinson Worldwide, Inc, a third party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. The company operates through three segments: North American Surface Transportation, Global Forwarding, and Robinson Fresh. It offers transportation and logistics services, such as truckload; less than truckload transportation which include the shipment of single or multiple pallets of freight; intermodal transportation, which is shipment service of freight in trailers or containers by a combination of truck and rail; and non-vessel ocean common carrier or freight forwarding services, as well as organizes air shipments and provides door-to-door services.
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