AIMZ Investment Advisors LLC Sells 372 Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

AIMZ Investment Advisors LLC lessened its holdings in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 42,645 shares of the transportation company’s stock after selling 372 shares during the quarter. C.H. Robinson Worldwide makes up approximately 1.5% of AIMZ Investment Advisors LLC’s portfolio, making the stock its 21st largest holding. AIMZ Investment Advisors LLC’s holdings in C.H. Robinson Worldwide were worth $4,406,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Inspire Investing LLC acquired a new stake in shares of C.H. Robinson Worldwide in the 4th quarter valued at $810,000. D.A. Davidson & CO. lifted its position in shares of C.H. Robinson Worldwide by 7.1% in the third quarter. D.A. Davidson & CO. now owns 6,709 shares of the transportation company’s stock worth $741,000 after buying an additional 443 shares during the last quarter. Chesapeake Capital Corp IL bought a new stake in shares of C.H. Robinson Worldwide during the 3rd quarter worth about $835,000. Northstar Advisory Group LLC bought a new position in shares of C.H. Robinson Worldwide in the 4th quarter valued at approximately $587,000. Finally, JPMorgan Chase & Co. raised its stake in shares of C.H. Robinson Worldwide by 2.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,411,891 shares of the transportation company’s stock valued at $155,830,000 after acquiring an additional 36,769 shares in the last quarter. 93.15% of the stock is owned by institutional investors.

C.H. Robinson Worldwide Stock Up 1.1 %

NASDAQ CHRW opened at $99.24 on Friday. C.H. Robinson Worldwide, Inc. has a 1-year low of $65.00 and a 1-year high of $114.82. The company has a current ratio of 1.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.54. The stock’s 50 day moving average is $102.19 and its two-hundred day moving average is $104.60. The company has a market capitalization of $11.78 billion, a price-to-earnings ratio of 25.78, a PEG ratio of 1.16 and a beta of 0.82.

C.H. Robinson Worldwide (NASDAQ:CHRW) last announced its quarterly earnings results 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 return on equity of 34.53% and a net margin of 2.63%. Equities analysts forecast 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 company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 7th will be issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 2.50%. The ex-dividend date of this dividend is Friday, March 7th. C.H. Robinson Worldwide’s dividend payout ratio is currently 64.42%.

Insider Buying and Selling at C.H. Robinson Worldwide

In other C.H. Robinson Worldwide news, insider Michael D. Castagnetto sold 5,016 shares of C.H. Robinson Worldwide stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $99.60, for a total value of $499,593.60. Following the completion of the transaction, the insider now owns 34,586 shares in the company, valued at approximately $3,444,765.60. The trade was a 12.67 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.18% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. TD Cowen increased their price target on C.H. Robinson Worldwide from $113.00 to $119.00 and gave the company a “hold” rating in a report on Friday, December 13th. Citigroup dropped their target price on shares of C.H. Robinson Worldwide from $130.00 to $124.00 and set a “buy” rating on the stock in a report on Monday, February 3rd. Stifel Nicolaus upgraded shares of C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $113.00 price target for the company in a report on Friday, January 31st. Barclays lifted their price objective on C.H. Robinson Worldwide from $95.00 to $100.00 and gave the stock an “underweight” rating in a research note on Friday, January 17th. Finally, JPMorgan Chase & Co. decreased their target price on C.H. Robinson Worldwide from $133.00 to $131.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat, C.H. Robinson Worldwide presently has a consensus rating of “Moderate Buy” and a consensus target price of $117.17.

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.