AIMZ Investment Advisors LLC Has $4.41 Million Position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

AIMZ Investment Advisors LLC decreased its position 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 filing 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 holdings, making the stock its 21st largest holding. AIMZ Investment Advisors LLC’s holdings in C.H. Robinson Worldwide were worth $4,406,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Van ECK Associates Corp lifted its stake in shares of C.H. Robinson Worldwide by 92,841.1% during the fourth quarter. Van ECK Associates Corp now owns 3,007,574 shares of the transportation company’s stock valued at $310,742,000 after acquiring an additional 3,004,338 shares during the period. FMR LLC lifted its position in C.H. Robinson Worldwide by 2,259.1% during the 3rd quarter. FMR LLC now owns 2,557,791 shares of the transportation company’s stock valued at $282,303,000 after purchasing an additional 2,449,367 shares during the period. Citigroup Inc. boosted its stake in shares of C.H. Robinson Worldwide by 137.8% in the 3rd quarter. Citigroup Inc. now owns 431,033 shares of the transportation company’s stock valued at $47,573,000 after purchasing an additional 249,774 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of C.H. Robinson Worldwide by 12.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,405,718 shares of the transportation company’s stock worth $155,149,000 after buying an additional 153,654 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of C.H. Robinson Worldwide by 3.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,956,219 shares of the transportation company’s stock worth $436,648,000 after buying an additional 142,116 shares during the last quarter. 93.15% of the stock is currently owned by institutional investors.

C.H. Robinson Worldwide Price Performance

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

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 (EPS) for the quarter, topping 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 EPS for the current fiscal year.

C.H. Robinson Worldwide Announces Dividend

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 2.50%. The ex-dividend date is Friday, March 7th. C.H. Robinson Worldwide’s dividend payout ratio is presently 64.42%.

Analyst Ratings Changes

A number of equities analysts have issued reports on CHRW shares. Barclays raised their price objective on shares of C.H. Robinson Worldwide from $95.00 to $100.00 and gave the company an “underweight” rating in a research note on Friday, January 17th. BMO Capital Markets upped their price objective on C.H. Robinson Worldwide from $115.00 to $118.00 and gave the company a “market perform” rating in a report on Friday, December 13th. 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 report on Friday, January 31st. Benchmark reaffirmed a “buy” rating and issued a $125.00 price target on shares of C.H. Robinson Worldwide in a research note on Friday, January 31st. Finally, The Goldman Sachs Group lifted their price objective on shares of C.H. Robinson Worldwide from $97.00 to $107.00 and gave the stock a “neutral” rating in a research note on Friday, November 1st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, C.H. Robinson Worldwide currently has an average rating of “Moderate Buy” and an average target price of $117.17.

Insider Buying and Selling

In related news, insider Michael D. Castagnetto sold 5,016 shares of C.H. Robinson Worldwide stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $99.60, for a total value of $499,593.60. Following the sale, the insider now owns 34,586 shares of the company’s stock, valued at approximately $3,444,765.60. The trade was a 12.67 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.18% of the stock is currently owned by corporate insiders.

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.