C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) was the target of unusually large options trading on Friday. Traders bought 10,691 call options on the company. This represents an increase of approximately 554% compared to the typical daily volume of 1,634 call options.

In other news, VP Angela K. Freeman sold 1,200 shares of C.H. Robinson Worldwide stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $68.72, for a total transaction of $82,464.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.85% of the stock is currently owned by insiders.

Several large investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of C.H. Robinson Worldwide by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 15,399,851 shares of the transportation company’s stock valued at $1,057,661,000 after buying an additional 270,521 shares during the period. BlackRock Inc. boosted its stake in shares of C.H. Robinson Worldwide by 3.6% during the 2nd quarter. BlackRock Inc. now owns 10,889,921 shares of the transportation company’s stock valued at $747,922,000 after buying an additional 377,726 shares during the period. Capital International Investors boosted its stake in shares of C.H. Robinson Worldwide by 5.7% during the 2nd quarter. Capital International Investors now owns 8,678,462 shares of the transportation company’s stock valued at $596,037,000 after buying an additional 469,829 shares during the period. First Eagle Investment Management LLC boosted its stake in shares of C.H. Robinson Worldwide by 8,008.8% during the 2nd quarter. First Eagle Investment Management LLC now owns 4,208,490 shares of the transportation company’s stock valued at $289,039,000 after buying an additional 4,156,590 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in shares of C.H. Robinson Worldwide by 12.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 3,485,754 shares of the transportation company’s stock valued at $239,401,000 after buying an additional 389,642 shares during the period. 90.10% of the stock is owned by institutional investors.

CHRW has been the topic of several recent research reports. Zacks Investment Research upgraded C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $83.00 price target on the stock in a research report on Tuesday, September 26th. KeyCorp restated a “buy” rating and issued a $78.00 price target on shares of C.H. Robinson Worldwide in a research report on Tuesday, September 26th. Barclays PLC boosted their price target on C.H. Robinson Worldwide from $67.00 to $70.00 and gave the company an “equal weight” rating in a research report on Monday, October 2nd. Cowen and Company restated a “hold” rating and issued a $68.00 price target on shares of C.H. Robinson Worldwide in a research report on Friday, August 25th. Finally, Stifel Nicolaus dropped their price target on C.H. Robinson Worldwide from $71.00 to $67.00 and set a “hold” rating on the stock in a research report on Thursday, July 20th. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company’s stock. C.H. Robinson Worldwide presently has an average rating of “Hold” and an average target price of $72.83.

C.H. Robinson Worldwide (NASDAQ:CHRW) opened at 76.52 on Monday. The firm has a 50-day moving average price of $72.37 and a 200 day moving average price of $70.78. C.H. Robinson Worldwide has a one year low of $63.41 and a one year high of $81.16. The firm has a market capitalization of $10.74 billion, a P/E ratio of 22.44 and a beta of 0.41.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings data on Wednesday, July 19th. The transportation company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.12). C.H. Robinson Worldwide had a return on equity of 37.41% and a net margin of 3.49%. The firm had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.63 billion. During the same period in the prior year, the business posted $1.00 EPS. The company’s revenue for the quarter was up 12.4% on a year-over-year basis. Equities research analysts anticipate that C.H. Robinson Worldwide will post $3.28 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 1st were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date of this dividend was Wednesday, August 30th. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is currently 52.94%.

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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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