All Terrain Financial Advisors LLC Sells 1,500 Shares of C.H. Robinson Worldwide Inc (CHRW)

All Terrain Financial Advisors LLC cut its position in shares of C.H. Robinson Worldwide Inc (NASDAQ:CHRW) by 2.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 58,310 shares of the transportation company’s stock after selling 1,500 shares during the quarter. C.H. Robinson Worldwide makes up 2.5% of All Terrain Financial Advisors LLC’s investment portfolio, making the stock its 9th largest position. All Terrain Financial Advisors LLC’s holdings in C.H. Robinson Worldwide were worth $5,464,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of CHRW. Victory Capital Management Inc. grew its holdings in shares of C.H. Robinson Worldwide by 11.2% during the fourth quarter. Victory Capital Management Inc. now owns 31,343 shares of the transportation company’s stock worth $2,792,000 after buying an additional 3,145 shares in the last quarter. Public Employees Retirement Association of Colorado grew its holdings in shares of C.H. Robinson Worldwide by 3.4% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 27,183 shares of the transportation company’s stock worth $2,422,000 after buying an additional 893 shares in the last quarter. Teacher Retirement System of Texas grew its holdings in shares of C.H. Robinson Worldwide by 87.7% during the fourth quarter. Teacher Retirement System of Texas now owns 93,983 shares of the transportation company’s stock worth $8,373,000 after buying an additional 43,908 shares in the last quarter. BP PLC acquired a new stake in shares of C.H. Robinson Worldwide in the fourth quarter worth approximately $1,426,000. Finally, California Public Employees Retirement System boosted its position in shares of C.H. Robinson Worldwide by 31.2% in the fourth quarter. California Public Employees Retirement System now owns 502,234 shares of the transportation company’s stock worth $44,744,000 after acquiring an additional 119,340 shares during the last quarter. Institutional investors and hedge funds own 90.48% of the company’s stock.

Several equities research analysts recently issued reports on the stock. UBS Group raised shares of C.H. Robinson Worldwide from a “neutral” rating to a “buy” rating and set a $110.00 target price on the stock in a research report on Monday, April 16th. BidaskClub cut shares of C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a research report on Friday, April 20th. Morgan Stanley decreased their target price on shares of C.H. Robinson Worldwide from $70.00 to $68.00 and set an “underweight” rating on the stock in a research report on Friday, April 6th. Zacks Investment Research cut shares of C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a research report on Wednesday, April 4th. Finally, ValuEngine raised shares of C.H. Robinson Worldwide from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $84.56.

Shares of C.H. Robinson Worldwide opened at $88.68 on Tuesday, Marketbeat.com reports. The company has a market cap of $12.30 billion, a price-to-earnings ratio of 25.48, a price-to-earnings-growth ratio of 2.23 and a beta of 0.42. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.30 and a current ratio of 1.30. C.H. Robinson Worldwide Inc has a fifty-two week low of $63.41 and a fifty-two week high of $100.18.

C.H. Robinson Worldwide (NASDAQ:CHRW) last announced its quarterly earnings results on Tuesday, May 1st. The transportation company reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.01. The firm had revenue of $3.93 billion for the quarter, compared to analysts’ expectations of $3.85 billion. C.H. Robinson Worldwide had a net margin of 3.41% and a return on equity of 36.63%. C.H. Robinson Worldwide’s revenue was up 14.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.86 earnings per share. equities research analysts anticipate that C.H. Robinson Worldwide Inc will post 4.39 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Friday, June 1st will be given a dividend of $0.46 per share. The ex-dividend date is Thursday, May 31st. This represents a $1.84 dividend on an annualized basis and a yield of 2.07%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is 52.87%.

C.H. Robinson Worldwide declared that its Board of Directors has authorized a share repurchase plan on Thursday, May 10th that allows the company to buyback 15,000,000 outstanding shares. This buyback authorization allows the transportation company to purchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

C.H. Robinson Worldwide Company Profile

C.H. Robinson Worldwide, Inc, a third party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. The company operates through three segments: North American Surface Transportation, Global Forwarding, and Robinson Fresh. It offers transportation and logistics services, such as truckload; less than truckload transportation which include the shipment of single or multiple pallets of freight; intermodal transportation, which is shipment service of freight in trailers or containers by a combination of truck and rail; and non-vessel ocean common carrier or freight forwarding services, as well as organizes air shipments and provides door-to-door services.

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Institutional Ownership by Quarter for C.H. Robinson Worldwide (NASDAQ:CHRW)

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