Gen Wealth Partners Inc Has $552,000 Holdings in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Gen Wealth Partners Inc trimmed its holdings in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 11.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,340 shares of the transportation company’s stock after selling 683 shares during the quarter. Gen Wealth Partners Inc’s holdings in C.H. Robinson Worldwide were worth $552,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. National Pension Service acquired a new stake in C.H. Robinson Worldwide in the 4th quarter worth $25,000. Proficio Capital Partners LLC acquired a new stake in C.H. Robinson Worldwide during the fourth quarter worth about $33,000. Missouri Trust & Investment Co bought a new position in C.H. Robinson Worldwide during the fourth quarter valued at about $41,000. Mainstream Capital Management LLC acquired a new position in C.H. Robinson Worldwide in the 4th quarter valued at approximately $41,000. Finally, Brooklyn Investment Group lifted its position in shares of C.H. Robinson Worldwide by 213.5% in the 4th quarter. Brooklyn Investment Group now owns 464 shares of the transportation company’s stock worth $48,000 after acquiring an additional 316 shares during the period. Institutional investors own 93.15% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on CHRW. Raymond James cut their target price on C.H. Robinson Worldwide from $118.00 to $111.00 and set an “outperform” rating for the company in a research note on Friday, April 11th. UBS Group reduced their price objective on shares of C.H. Robinson Worldwide from $140.00 to $130.00 and set a “buy” rating for the company in a report on Thursday, May 1st. JPMorgan Chase & Co. decreased their target price on shares of C.H. Robinson Worldwide from $126.00 to $118.00 and set an “overweight” rating on the stock in a research report on Thursday, May 1st. Benchmark reissued a “buy” rating and issued a $125.00 price target on shares of C.H. Robinson Worldwide in a research report on Friday, January 31st. Finally, Stifel Nicolaus raised C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $113.00 price objective on the stock in a report on Friday, January 31st. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $114.38.

Insider Activity at C.H. Robinson Worldwide

In other C.H. Robinson Worldwide news, insider Michael D. Castagnetto sold 5,016 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $99.60, for a total value of $499,593.60. Following the completion of the sale, the insider now owns 34,586 shares of the company’s stock, valued at approximately $3,444,765.60. This represents a 12.67 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Angela K. Freeman sold 8,000 shares of C.H. Robinson Worldwide stock in a transaction on Thursday, February 27th. The stock was 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 in the company, valued at approximately $7,732,740.53. This represents a 9.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.47% of the stock is currently owned by corporate insiders.

C.H. Robinson Worldwide Stock Performance

Shares of C.H. Robinson Worldwide stock opened at $88.97 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.28 and a quick ratio of 1.49. The firm has a 50 day simple moving average of $94.32 and a 200 day simple moving average of $101.05. C.H. Robinson Worldwide, Inc. has a fifty-two week low of $81.36 and a fifty-two week high of $114.82. The firm has a market cap of $10.56 billion, a P/E ratio of 23.11, a P/E/G ratio of 1.16 and a beta of 0.92.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its earnings results on Wednesday, April 30th. The transportation company reported $1.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.15. The company had revenue of $4.05 billion during the quarter, compared to the consensus estimate of $4.29 billion. C.H. Robinson Worldwide had a return on equity of 34.53% and a net margin of 2.63%. The firm’s quarterly revenue was down 8.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.86 earnings per share. Sell-side analysts predict that C.H. Robinson Worldwide, Inc. will post 4.83 earnings per share for the current fiscal year.

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.