Aware Super Pty Ltd as trustee of Aware Super Makes New $597,000 Investment in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Aware Super Pty Ltd as trustee of Aware Super bought a new stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,776 shares of the transportation company’s stock, valued at approximately $597,000.

Several other institutional investors have also recently bought and sold shares of CHRW. Parallel Advisors LLC raised its position in C.H. Robinson Worldwide by 2.4% in the 4th quarter. Parallel Advisors LLC now owns 4,290 shares of the transportation company’s stock worth $443,000 after purchasing an additional 102 shares during the last quarter. Cascade Investment Advisors Inc. raised its stake in C.H. Robinson Worldwide by 0.7% during the 4th quarter. Cascade Investment Advisors Inc. now owns 15,987 shares of the transportation company’s stock worth $1,652,000 after buying an additional 105 shares during the period. Tokio Marine Asset Management Co. Ltd. lifted its holdings in shares of C.H. Robinson Worldwide by 3.5% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,873 shares of the transportation company’s stock valued at $400,000 after purchasing an additional 131 shares in the last quarter. SkyView Investment Advisors LLC lifted its stake in C.H. Robinson Worldwide by 2.3% in the third quarter. SkyView Investment Advisors LLC now owns 6,498 shares of the transportation company’s stock valued at $717,000 after buying an additional 144 shares in the last quarter. Finally, Sound Financial Strategies Group LLC boosted its stake in C.H. Robinson Worldwide by 1.9% in the 4th quarter. Sound Financial Strategies Group LLC now owns 8,387 shares of the transportation company’s stock worth $867,000 after purchasing an additional 156 shares during the period. Institutional investors own 93.15% of the company’s stock.

Analyst Ratings Changes

CHRW has been the subject of a number of recent research reports. Jefferies Financial Group reduced their price target on C.H. Robinson Worldwide from $110.00 to $100.00 and set a “hold” rating for the company in a research report on Friday, April 11th. Barclays boosted their price target on C.H. Robinson Worldwide from $95.00 to $100.00 and gave the stock an “underweight” rating in a research report on Friday, January 17th. Wells Fargo & Company dropped their price objective on shares of C.H. Robinson Worldwide from $130.00 to $125.00 and set an “overweight” rating on the stock in a research report on Thursday, March 27th. Stifel Nicolaus upgraded C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $113.00 target price on the stock in a research note on Friday, January 31st. Finally, Truist Financial initiated coverage on shares of C.H. Robinson Worldwide in a research note on Thursday, March 13th. They issued a “buy” rating and a $115.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat, C.H. Robinson Worldwide presently has an average rating of “Moderate Buy” and a consensus price target of $117.20.

Insider Buying and Selling at C.H. Robinson Worldwide

In other C.H. Robinson Worldwide news, insider Angela K. Freeman sold 8,000 shares of C.H. Robinson Worldwide stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $100.39, for a total transaction of $803,120.00. Following the transaction, the insider now directly owns 77,027 shares of the company’s stock, valued at $7,732,740.53. The trade was a 9.41 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael D. Castagnetto sold 5,016 shares of the business’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $99.60, for a total transaction of $499,593.60. Following the transaction, the insider now owns 34,586 shares in the company, valued at approximately $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. Insiders own 1.47% of the company’s stock.

C.H. Robinson Worldwide Price Performance

CHRW stock opened at $91.56 on Wednesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.49 and a current ratio of 1.28. C.H. Robinson Worldwide, Inc. has a 52-week low of $65.00 and a 52-week high of $114.82. The company has a market capitalization of $10.82 billion, a P/E ratio of 23.78, a PEG ratio of 1.16 and a beta of 0.86. The company has a fifty day moving average price of $97.76 and a 200-day moving average price of $103.37.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings data on Wednesday, January 29th. The transportation company reported $1.21 EPS 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%. As a group, equities analysts expect that C.H. Robinson Worldwide, Inc. will post 4.83 EPS for the current year.

C.H. Robinson Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 7th were given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.71%. The ex-dividend date was Friday, March 7th. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is 64.42%.

About C.H. Robinson Worldwide

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.