Headlands Technologies LLC Makes New $140,000 Investment in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Headlands Technologies LLC bought a new position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRWFree Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,628 shares of the transportation company’s stock, valued at approximately $140,000.

A number of other institutional investors also recently modified their holdings of the stock. Apollon Wealth Management LLC raised its stake in shares of C.H. Robinson Worldwide by 5.0% in the second quarter. Apollon Wealth Management LLC now owns 2,437 shares of the transportation company’s stock worth $230,000 after acquiring an additional 115 shares during the last quarter. First Republic Investment Management Inc. raised its stake in shares of C.H. Robinson Worldwide by 0.8% in the first quarter. First Republic Investment Management Inc. now owns 15,472 shares of the transportation company’s stock worth $1,666,000 after acquiring an additional 116 shares during the last quarter. Captrust Financial Advisors raised its stake in shares of C.H. Robinson Worldwide by 0.6% in the second quarter. Captrust Financial Advisors now owns 22,095 shares of the transportation company’s stock worth $2,085,000 after acquiring an additional 141 shares during the last quarter. Cascade Investment Advisors Inc. raised its stake in shares of C.H. Robinson Worldwide by 1.1% during the third quarter. Cascade Investment Advisors Inc. now owns 13,665 shares of the transportation company’s stock worth $1,177,000 after buying an additional 145 shares during the last quarter. Finally, NewSquare Capital LLC raised its stake in shares of C.H. Robinson Worldwide by 0.6% during the second quarter. NewSquare Capital LLC now owns 29,375 shares of the transportation company’s stock worth $2,772,000 after buying an additional 165 shares during the last quarter. 95.11% of the stock is owned by institutional investors.

Insider Buying and Selling at C.H. Robinson Worldwide

In other C.H. Robinson Worldwide news, CEO David P. Bozeman acquired 1,807 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were acquired at an average cost of $82.91 per share, with a total value of $149,818.37. Following the completion of the acquisition, the chief executive officer now directly owns 144,391 shares in the company, valued at $11,971,457.81. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CHRW. Wells Fargo & Company dropped their price target on shares of C.H. Robinson Worldwide from $80.00 to $70.00 and set an “underweight” rating for the company in a research note on Thursday, February 1st. Susquehanna raised shares of C.H. Robinson Worldwide from a “negative” rating to a “neutral” rating and increased their price objective for the stock from $72.00 to $80.00 in a research report on Wednesday, January 10th. JPMorgan Chase & Co. reduced their target price on shares of C.H. Robinson Worldwide from $78.00 to $75.00 and set an “underweight” rating for the company in a report on Thursday, February 1st. Morgan Stanley reduced their target price on shares of C.H. Robinson Worldwide from $62.00 to $60.00 and set an “underweight” rating for the company in a report on Thursday, November 2nd. Finally, BMO Capital Markets reduced their target price on shares of C.H. Robinson Worldwide from $90.00 to $85.00 and set a “market perform” rating for the company in a report on Thursday, February 1st. Four research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, C.H. Robinson Worldwide currently has a consensus rating of “Hold” and a consensus price target of $85.00.

Check Out Our Latest Research Report on CHRW

C.H. Robinson Worldwide Price Performance

Shares of NASDAQ:CHRW opened at $74.67 on Monday. The company has a market capitalization of $8.71 billion, a P/E ratio of 27.55, a price-to-earnings-growth ratio of 3.70 and a beta of 0.76. C.H. Robinson Worldwide, Inc. has a fifty-two week low of $71.57 and a fifty-two week high of $106.36. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.12 and a current ratio of 1.40. The company’s 50-day moving average is $84.48 and its 200 day moving average is $86.52.

C.H. Robinson Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 1st. Shareholders of record on Friday, March 1st will be issued a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 3.27%. The ex-dividend date is Thursday, February 29th. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 90.04%.

C.H. Robinson Worldwide Profile

(Free Report)

C.H. Robinson Worldwide, Inc, together with its subsidiaries, provides freight transportation services, and related logistics and supply chain services worldwide. The company operates in two segments, North American Surface Transportation and Global Forwarding. It 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.

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

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