Isthmus Partners LLC Has $14.79 Million Position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Isthmus Partners LLC lessened its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 1.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 143,140 shares of the transportation company’s stock after selling 2,505 shares during the period. C.H. Robinson Worldwide comprises approximately 1.8% of Isthmus Partners LLC’s holdings, making the stock its 13th biggest holding. Isthmus Partners LLC owned about 0.12% of C.H. Robinson Worldwide worth $14,789,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Cascade Investment Advisors Inc. grew its stake in shares of C.H. Robinson Worldwide by 0.7% during the fourth quarter. Cascade Investment Advisors Inc. now owns 15,987 shares of the transportation company’s stock worth $1,652,000 after purchasing an additional 105 shares during the period. Venturi Wealth Management LLC raised its stake in shares of C.H. Robinson Worldwide by 83.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 244 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 111 shares during the period. Tokio Marine Asset Management Co. Ltd. boosted its holdings in C.H. Robinson Worldwide by 3.5% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,873 shares of the transportation company’s stock worth $400,000 after purchasing an additional 131 shares during the last quarter. SkyView Investment Advisors LLC grew its holdings in shares of C.H. Robinson Worldwide by 2.3% in the 3rd quarter. SkyView Investment Advisors LLC now owns 6,498 shares of the transportation company’s stock valued at $717,000 after acquiring an additional 144 shares in the last quarter. Finally, Sound Financial Strategies Group LLC grew its stake in C.H. Robinson Worldwide by 1.9% in the fourth quarter. Sound Financial Strategies Group LLC now owns 8,387 shares of the transportation company’s stock valued at $867,000 after purchasing an additional 156 shares in the last quarter. Institutional investors own 93.15% of the company’s stock.

Insider Buying and Selling

In related news, insider Michael D. Castagnetto sold 2,032 shares of the firm’s stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of $103.81, for a total transaction of $210,941.92. Following the completion of the sale, the insider now owns 34,469 shares in the company, valued at approximately $3,578,226.89. This trade represents a 5.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Angela K. Freeman sold 8,000 shares of the business’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $100.39, for a total transaction of $803,120.00. Following the completion of the transaction, the insider now owns 77,027 shares in the company, valued at approximately $7,732,740.53. The trade was a 9.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,048 shares of company stock worth $1,513,656. 1.47% of the stock is owned by company insiders.

C.H. Robinson Worldwide Trading Up 4.4 %

CHRW opened at $102.45 on Monday. The company’s 50 day moving average is $101.67 and its 200-day moving average is $104.71. The company has a market cap of $12.16 billion, a P/E ratio of 26.61, a PEG 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 1-year low of $65.00 and a 1-year high of $114.82.

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

C.H. Robinson Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 7th will be given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend is Friday, March 7th. C.H. Robinson Worldwide’s payout ratio is 64.42%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on CHRW shares. Bank of America decreased their price objective on shares of C.H. Robinson Worldwide from $130.00 to $122.00 and set a “buy” rating for the company in a research report on Thursday, January 30th. Stephens reiterated an “equal weight” rating and set a $111.00 price target on shares of C.H. Robinson Worldwide in a report on Thursday, January 30th. Deutsche Bank Aktiengesellschaft started coverage on C.H. Robinson Worldwide in a research note on Friday. They issued a “buy” rating and a $129.00 price objective on the stock. Citigroup reduced their target price on C.H. Robinson Worldwide from $130.00 to $124.00 and set a “buy” rating for the company in a research note on Monday, February 3rd. Finally, Raymond James dropped their price target on C.H. Robinson Worldwide from $123.00 to $118.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $117.79.

C.H. Robinson Worldwide Company 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.