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C.H. Robinson Worldwide (NASDAQ:CHRW) SVP Chris Obrien sold 1,600 shares of C.H. Robinson Worldwide stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $67.90, for a total value of $108,640.00. Following the sale, the senior vice president now directly owns 62,057 shares of the company’s stock, valued at approximately $4,213,670. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of C.H. Robinson Worldwide in a research note on Thursday, July 31st. They now have a $65.00 price target on the stock, up previously from $59.00. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of C.H. Robinson Worldwide in a research note on Thursday, July 31st. They now have a $63.00 price target on the stock, up previously from $62.00. Finally, analysts at Cowen and Company raised their price target on shares of C.H. Robinson Worldwide from $62.00 to $72.00 in a research note on Thursday, July 31st. They now have a “market perform” rating on the stock. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $63.33.

C.H. Robinson Worldwide (NASDAQ:CHRW) opened at 67.17 on Monday. C.H. Robinson Worldwide has a 52 week low of $50.21 and a 52 week high of $69.50. The stock has a 50-day moving average of $65.64 and a 200-day moving average of $58.63. The company has a market cap of $9.885 billion and a P/E ratio of 24.60.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.80 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.77 by $0.03. The company had revenue of $3.50 billion for the quarter, compared to the consensus estimate of $3.50 billion. During the same quarter in the prior year, the company posted $0.70 earnings per share. The company’s quarterly revenue was up 6.5% on a year-over-year basis. On average, analysts predict that C.H. Robinson Worldwide will post $2.97 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 30th. Stockholders of record on Friday, September 5th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date of this dividend is Wednesday, September 3rd.

C.H. Robinson Worldwide, Inc (NASDAQ:CHRW) is a third party logistics company.

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