C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Stock Position Increased by Nissay Asset Management Corp Japan ADV

Nissay Asset Management Corp Japan ADV boosted its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 0.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,272 shares of the transportation company’s stock after purchasing an additional 112 shares during the quarter. Nissay Asset Management Corp Japan ADV’s holdings in C.H. Robinson Worldwide were worth $1,483,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Nomura Holdings Inc. lifted its position in C.H. Robinson Worldwide by 7.3% in the 4th quarter. Nomura Holdings Inc. now owns 15,312 shares of the transportation company’s stock valued at $1,582,000 after purchasing an additional 1,040 shares during the last quarter. OMERS ADMINISTRATION Corp lifted its position in C.H. Robinson Worldwide by 20.4% in the 4th quarter. OMERS ADMINISTRATION Corp now owns 4,876 shares of the transportation company’s stock valued at $504,000 after purchasing an additional 825 shares during the last quarter. Occudo Quantitative Strategies LP bought a new stake in shares of C.H. Robinson Worldwide during the 4th quarter worth about $693,000. Maven Securities LTD bought a new stake in shares of C.H. Robinson Worldwide during the 4th quarter worth about $240,000. Finally, Moore Capital Management LP raised its position in shares of C.H. Robinson Worldwide by 57.5% during the 4th quarter. Moore Capital Management LP now owns 54,270 shares of the transportation company’s stock worth $5,607,000 after buying an additional 19,809 shares in the last quarter. 93.15% of the stock is currently owned by institutional investors.

C.H. Robinson Worldwide Stock Performance

C.H. Robinson Worldwide stock opened at $100.28 on Friday. The firm’s 50 day simple moving average is $94.15 and its 200-day simple moving average is $100.64. The company has a market cap of $11.91 billion, a P/E ratio of 26.05, a price-to-earnings-growth ratio of 1.16 and a beta of 0.92. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.28 and a quick ratio of 1.49. C.H. Robinson Worldwide, Inc. has a fifty-two week low of $81.39 and a fifty-two week high of $114.82.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its earnings results on Wednesday, April 30th. The transportation company reported $1.17 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.15. The business had revenue of $4.05 billion for the quarter, compared to the consensus estimate of $4.29 billion. C.H. Robinson Worldwide had a net margin of 2.63% and a return on equity of 34.53%. The firm’s quarterly revenue was down 8.3% compared to the same quarter last year. During the same period last year, the firm posted $0.86 earnings per share. As a group, equities research analysts predict that C.H. Robinson Worldwide, Inc. will post 4.83 EPS for the current year.

C.H. Robinson Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 6th will be given a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 2.47%. The ex-dividend date of this dividend is Friday, June 6th. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is currently 59.33%.

Analyst Ratings Changes

CHRW has been the topic of a number of recent analyst reports. Citigroup dropped their price target on shares of C.H. Robinson Worldwide from $124.00 to $116.00 and set a “buy” rating on the stock in a research report on Tuesday, April 8th. UBS Group dropped their price target on shares of C.H. Robinson Worldwide from $140.00 to $130.00 and set a “buy” rating on the stock in a research report on Thursday, May 1st. JPMorgan Chase & Co. dropped their price target on shares of C.H. Robinson Worldwide from $126.00 to $118.00 and set an “overweight” rating on the stock in a research report on Thursday, May 1st. Susquehanna dropped their price target on shares of C.H. Robinson Worldwide from $117.00 to $115.00 and set a “positive” rating on the stock in a research report on Thursday, May 1st. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of C.H. Robinson Worldwide in a research report on Friday, March 7th. They set a “buy” rating and a $129.00 price target on the stock. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $114.29.

Insider Transactions at C.H. Robinson Worldwide

In related news, insider Michael D. Castagnetto sold 5,016 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $99.60, for a total transaction of $499,593.60. Following the completion of the sale, the insider now directly owns 34,586 shares in the company, valued at approximately $3,444,765.60. This trade represents a 12.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Angela K. Freeman sold 8,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $100.39, for a total transaction of $803,120.00. Following the sale, the insider now owns 77,027 shares of the company’s stock, valued at approximately $7,732,740.53. This represents a 9.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 18,716 shares of company stock valued at $1,858,008 over the last ninety days. Corporate insiders own 1.47% of the company’s stock.

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.