Dimensional Fund Advisors LP Has $181.81 Million Stock Holdings in C.H. Robinson Worldwide, Inc. $CHRW

Dimensional Fund Advisors LP increased its holdings in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 2.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,094,992 shares of the transportation company’s stock after buying an additional 25,674 shares during the quarter. Dimensional Fund Advisors LP’s holdings in C.H. Robinson Worldwide were worth $181,810,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of CHRW. Jones Kertz & Associates Inc. acquired a new position in shares of C.H. Robinson Worldwide in the 4th quarter valued at about $1,557,000. Massachusetts Financial Services Co. MA acquired a new stake in shares of C.H. Robinson Worldwide during the fourth quarter worth approximately $3,699,000. New York State Teachers Retirement System boosted its holdings in shares of C.H. Robinson Worldwide by 6.0% during the fourth quarter. New York State Teachers Retirement System now owns 104,269 shares of the transportation company’s stock worth $16,762,000 after purchasing an additional 5,877 shares during the period. KBC Group NV grew its position in C.H. Robinson Worldwide by 8.9% during the fourth quarter. KBC Group NV now owns 214,741 shares of the transportation company’s stock valued at $34,522,000 after purchasing an additional 17,594 shares in the last quarter. Finally, Ritholtz Wealth Management grew its position in C.H. Robinson Worldwide by 378.8% during the fourth quarter. Ritholtz Wealth Management now owns 10,203 shares of the transportation company’s stock valued at $1,640,000 after purchasing an additional 8,072 shares in the last quarter. 93.15% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Robert W. Baird set a $230.00 target price on shares of C.H. Robinson Worldwide in a research report on Friday, May 1st. Weiss Ratings cut shares of C.H. Robinson Worldwide from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, May 21st. Susquehanna upped their price target on shares of C.H. Robinson Worldwide from $215.00 to $226.00 and gave the stock a “positive” rating in a research note on Tuesday, July 14th. JPMorgan Chase & Co. increased their price objective on C.H. Robinson Worldwide from $180.00 to $196.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, Citizens Jmp assumed coverage on C.H. Robinson Worldwide in a research report on Wednesday, July 15th. They set a “market perform” rating and a $235.00 price objective for the company. Seventeen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, C.H. Robinson Worldwide presently has a consensus rating of “Moderate Buy” and an average price target of $199.46.

C.H. Robinson Worldwide Trading Down 9.2%

NASDAQ:CHRW opened at $186.51 on Friday. The company has a market capitalization of $21.98 billion, a P/E ratio of 37.76, a P/E/G ratio of 1.60 and a beta of 0.91. The stock’s 50 day moving average price is $187.53 and its 200 day moving average price is $180.77. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.59 and a current ratio of 1.59. C.H. Robinson Worldwide, Inc. has a 52 week low of $96.89 and a 52 week high of $210.33.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its earnings results on Wednesday, April 29th. The transportation company reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.11. The firm had revenue of $4.01 billion during the quarter, compared to analysts’ expectations of $4.05 billion. C.H. Robinson Worldwide had a net margin of 3.70% and a return on equity of 35.49%. The company’s revenue was down .9% compared to the same quarter last year. During the same period in the previous year, the company earned $1.17 earnings per share. On average, research analysts forecast that C.H. Robinson Worldwide, Inc. will post 6.12 EPS for the current fiscal year.

C.H. Robinson Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Friday, June 5th were issued a dividend of $0.63 per share. The ex-dividend date was Friday, June 5th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.4%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is currently 51.01%.

C.H. Robinson Worldwide Company Profile

C.H. Robinson Worldwide, Inc is a third-party logistics provider founded in 1905 and headquartered in Eden Prairie, Minnesota. Originally established as a produce brokerage firm, the company has since expanded its offerings to become one of the world’s largest freight and logistics intermediaries. C.H. Robinson leverages a global network of transportation providers, technology platforms, and in-house expertise to connect shippers and carriers across multiple modes of transportation.

The company’s primary services include truckload, less-than-truckload (LTL), intermodal, air and ocean freight, and managed transportation solutions.