Insider Selling: C.H. Robinson Worldwide Inc (CHRW) CEO Sells 13,946 Shares of Stock

C.H. Robinson Worldwide Inc (NASDAQ:CHRW) CEO John Wiehoff sold 13,946 shares of C.H. Robinson Worldwide stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $92.08, for a total value of $1,284,147.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

C.H. Robinson Worldwide Inc (NASDAQ CHRW) traded up $1.83 during trading on Monday, hitting $91.18. The company had a trading volume of 1,357,120 shares, compared to its average volume of 1,911,780. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.24 and a current ratio of 1.26. C.H. Robinson Worldwide Inc has a 12-month low of $63.41 and a 12-month high of $100.18. The stock has a market capitalization of $12,710.00, a P/E ratio of 25.54, a PEG ratio of 2.31 and a beta of 0.46.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 2nd will be paid a $0.46 dividend. The ex-dividend date is Thursday, March 1st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.02%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 51.54%.

Several institutional investors have recently bought and sold shares of the stock. RiverGlades Family Offices LLC purchased a new stake in shares of C.H. Robinson Worldwide in the fourth quarter valued at approximately $374,000. Carillon Tower Advisers Inc. purchased a new stake in shares of C.H. Robinson Worldwide in the fourth quarter valued at approximately $25,483,000. Bank of Hawaii purchased a new stake in shares of C.H. Robinson Worldwide in the fourth quarter valued at approximately $301,000. Johnson Financial Group Inc. boosted its stake in shares of C.H. Robinson Worldwide by 120.7% in the fourth quarter. Johnson Financial Group Inc. now owns 8,668 shares of the transportation company’s stock valued at $773,000 after buying an additional 4,740 shares in the last quarter. Finally, Standard Life Aberdeen plc boosted its stake in shares of C.H. Robinson Worldwide by 1.5% in the fourth quarter. Standard Life Aberdeen plc now owns 51,842 shares of the transportation company’s stock valued at $4,619,000 after buying an additional 781 shares in the last quarter. Hedge funds and other institutional investors own 93.56% of the company’s stock.

Several research firms have commented on CHRW. Oppenheimer reaffirmed a “hold” rating on shares of C.H. Robinson Worldwide in a research report on Wednesday, November 1st. Cleveland Research raised C.H. Robinson Worldwide from a “neutral” rating to a “buy” rating in a research report on Friday, January 26th. Stifel Nicolaus lifted their price target on C.H. Robinson Worldwide from $71.00 to $82.00 and gave the stock a “hold” rating in a research report on Wednesday, November 1st. BMO Capital Markets lifted their price target on C.H. Robinson Worldwide from $87.00 to $96.00 and gave the stock a “market perform” rating in a research report on Thursday, February 1st. They noted that the move was a valuation call. Finally, Zacks Investment Research raised C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $103.00 price target on the stock in a research report on Tuesday, February 6th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. C.H. Robinson Worldwide presently has an average rating of “Hold” and a consensus price target of $82.53.

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About C.H. Robinson Worldwide

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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