C.H. Robinson Worldwide Inc (NASDAQ:CHRW) has been given an average rating of “Hold” by the twenty analysts that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $83.00.
CHRW has been the topic of a number of research analyst reports. Citigroup raised shares of C.H. Robinson Worldwide from a “neutral” rating to a “buy” rating in a report on Thursday, January 4th. Zacks Investment Research raised shares of C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $99.00 price objective on the stock in a report on Tuesday, December 26th. BidaskClub cut shares of C.H. Robinson Worldwide from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 18th. Cleveland Research raised shares of C.H. Robinson Worldwide from a “neutral” rating to a “buy” rating in a report on Friday, January 26th. Finally, Barclays raised their price objective on shares of C.H. Robinson Worldwide from $70.00 to $75.00 and gave the stock an “equal weight” rating in a report on Thursday, November 2nd.
In related news, VP Ben G. Campbell sold 4,865 shares of C.H. Robinson Worldwide stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $85.00, for a total value of $413,525.00. Following the transaction, the vice president now directly owns 29,837 shares in the company, valued at approximately $2,536,145. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Angela K. Freeman sold 1,300 shares of C.H. Robinson Worldwide 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 disclosure for this sale can be found here. Over the last quarter, insiders sold 28,366 shares of company stock worth $2,560,729. 0.85% of the stock is currently owned by insiders.
C.H. Robinson Worldwide (NASDAQ:CHRW) traded up $2.54 during mid-day trading on Tuesday, reaching $92.63. 977,840 shares of the company’s stock were exchanged, compared to its average volume of 1,870,000. The company has a current ratio of 1.26, a quick ratio of 1.24 and a debt-to-equity ratio of 0.53. C.H. Robinson Worldwide has a 12 month low of $63.41 and a 12 month high of $100.18. The firm has a market capitalization of $12,910.00, a PE ratio of 26.54, a P/E/G ratio of 2.40 and a beta of 0.46.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 2nd will be given a $0.46 dividend. The ex-dividend date is Thursday, March 1st. This represents a $1.84 dividend on an annualized basis and a yield of 1.99%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is 52.72%.
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C.H. Robinson Worldwide Company 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.
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