Quotient Wealth Partners LLC Has $403,000 Stock Position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Quotient Wealth Partners LLC lessened its stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 15.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,898 shares of the transportation company’s stock after selling 721 shares during the quarter. Quotient Wealth Partners LLC’s holdings in C.H. Robinson Worldwide were worth $403,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of CHRW. WCM Investment Management LLC raised its position in C.H. Robinson Worldwide by 73.5% in the 4th quarter. WCM Investment Management LLC now owns 4,987 shares of the transportation company’s stock worth $516,000 after purchasing an additional 2,113 shares during the last quarter. Empowered Funds LLC increased its stake in shares of C.H. Robinson Worldwide by 59.8% in the 4th quarter. Empowered Funds LLC now owns 15,166 shares of the transportation company’s stock valued at $1,567,000 after buying an additional 5,673 shares during the period. Triasima Portfolio Management inc. bought a new stake in shares of C.H. Robinson Worldwide during the fourth quarter worth $3,346,000. Global X Japan Co. Ltd. lifted its stake in shares of C.H. Robinson Worldwide by 4.2% during the fourth quarter. Global X Japan Co. Ltd. now owns 4,874 shares of the transportation company’s stock valued at $504,000 after acquiring an additional 197 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in C.H. Robinson Worldwide by 6.2% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,704 shares of the transportation company’s stock valued at $1,209,000 after acquiring an additional 682 shares during the last quarter. 93.15% of the stock is owned by institutional investors.

Analysts Set New Price Targets

CHRW has been the subject of several recent research reports. BMO Capital Markets boosted their price objective on C.H. Robinson Worldwide from $115.00 to $118.00 and gave the stock a “market perform” rating in a report on Friday, December 13th. Robert W. Baird boosted their price target on shares of C.H. Robinson Worldwide from $115.00 to $124.00 and gave the stock a “neutral” rating in a research note on Friday, December 13th. Raymond James reduced their price objective on shares of C.H. Robinson Worldwide from $123.00 to $118.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. Benchmark reiterated a “buy” rating and set a $125.00 target price on shares of C.H. Robinson Worldwide in a research report on Friday, January 31st. Finally, TD Cowen raised their price target on C.H. Robinson Worldwide from $113.00 to $119.00 and gave the stock a “hold” rating in a research report on Friday, December 13th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $117.17.

Insider Buying and Selling

In related news, insider Michael D. Castagnetto sold 2,032 shares of the company’s stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $103.81, for a total transaction of $210,941.92. Following the sale, the insider now owns 34,469 shares in the company, valued at approximately $3,578,226.89. This represents a 5.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.47% of the stock is currently owned by corporate insiders.

C.H. Robinson Worldwide Price Performance

CHRW stock opened at $96.59 on Monday. The stock has a 50-day moving average price of $104.67 and a two-hundred day moving average price of $104.31. C.H. Robinson Worldwide, Inc. has a 1 year low of $65.00 and a 1 year high of $114.82. The stock has a market cap of $11.42 billion, a PE ratio of 25.09, a price-to-earnings-growth ratio of 1.12 and a beta of 0.82. The company has a current ratio of 1.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.54.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings data on Wednesday, January 29th. The transportation company reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.11. C.H. Robinson Worldwide had a return on equity of 34.53% and a net margin of 2.63%. Equities analysts forecast that C.H. Robinson Worldwide, Inc. will post 4.82 EPS for the current fiscal year.

C.H. Robinson Worldwide Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 7th will be given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.57%. The ex-dividend date of this dividend is Friday, March 7th. C.H. Robinson Worldwide’s dividend payout ratio is presently 64.42%.

C.H. Robinson Worldwide Profile

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.