Signaturefd LLC Has $306,000 Stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Signaturefd LLC grew its holdings in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 37.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,963 shares of the transportation company’s stock after purchasing an additional 814 shares during the quarter. Signaturefd LLC’s holdings in C.H. Robinson Worldwide were worth $306,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. National Pension Service acquired a new position in C.H. Robinson Worldwide during the 4th quarter worth about $25,000. Proficio Capital Partners LLC bought a new position in shares of C.H. Robinson Worldwide in the fourth quarter worth about $33,000. Missouri Trust & Investment Co bought a new stake in shares of C.H. Robinson Worldwide during the fourth quarter valued at approximately $41,000. Mainstream Capital Management LLC acquired a new stake in shares of C.H. Robinson Worldwide in the fourth quarter valued at approximately $41,000. Finally, Quarry LP raised its position in C.H. Robinson Worldwide by 76.7% in the 3rd quarter. Quarry LP now owns 394 shares of the transportation company’s stock worth $43,000 after purchasing an additional 171 shares during the last quarter. Institutional investors own 93.15% of the company’s stock.

C.H. Robinson Worldwide Trading Up 0.7 %

CHRW opened at $99.95 on Friday. The stock has a market capitalization of $11.86 billion, a P/E ratio of 25.96, a P/E/G ratio of 1.16 and a beta of 0.83. The company has a current ratio of 1.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.54. C.H. Robinson Worldwide, Inc. has a 12 month low of $65.00 and a 12 month high of $114.82. The firm’s fifty day simple moving average is $100.79 and its 200 day simple moving average is $104.42.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings data on Wednesday, January 29th. The transportation company reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.11. C.H. Robinson Worldwide had a return on equity of 34.53% and a net margin of 2.63%. As a group, research analysts anticipate that C.H. Robinson Worldwide, Inc. will post 4.83 EPS for the current fiscal year.

C.H. Robinson Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 7th will be given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date is Friday, March 7th. C.H. Robinson Worldwide’s dividend payout ratio is presently 64.42%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Wells Fargo & Company raised C.H. Robinson Worldwide from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $118.00 to $130.00 in a research note on Monday, December 9th. StockNews.com cut C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a report on Friday, March 7th. Susquehanna cut their target price on shares of C.H. Robinson Worldwide from $130.00 to $127.00 and set a “positive” rating on the stock in a research report on Thursday, January 30th. Truist Financial initiated coverage on shares of C.H. Robinson Worldwide in a research report on Thursday, March 13th. They set a “buy” rating and a $115.00 price target for the company. Finally, Stephens restated an “equal weight” rating and issued a $111.00 price objective on shares of C.H. Robinson Worldwide in a report on Thursday, January 30th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, C.H. Robinson Worldwide has an average rating of “Moderate Buy” and an average price target of $117.65.

Insider Buying and Selling

In related news, insider Angela K. Freeman sold 8,000 shares of the firm’s stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $100.39, for a total value of $803,120.00. Following the completion of the transaction, the insider now directly owns 77,027 shares of the company’s stock, valued at approximately $7,732,740.53. This trade represents a 9.41 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael D. Castagnetto sold 5,016 shares of the company’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $99.60, for a total transaction of $499,593.60. Following the sale, the insider now directly owns 34,586 shares in the company, valued at $3,444,765.60. This trade represents a 12.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 15,048 shares of company stock worth $1,513,656. 1.47% of the stock is owned by insiders.

C.H. Robinson Worldwide Profile

C.H. Robinson Worldwide, Inc, together with its subsidiaries, provides freight transportation services, and related logistics and supply chain services in the United States and internationally. It operates through two segments: North American Surface Transportation and Global Forwarding. The company offers transportation and logistics services, such as truckload, less than truckload transportation brokerage services, which include the shipment of single or multiple pallets of freight; intermodal transportation that comprises the shipment service of freight in containers or trailers by a combination of truck and rail; and non-vessel operating common carrier and freight forwarding services, as well as organizes air shipments and provides door-to-door services.