Dynamic Capital Management Ltd Invests $475,000 in C.H. Robinson Worldwide, Inc. (CHRW)

Dynamic Capital Management Ltd acquired a new position in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) during the first quarter, Holdings Channel reports. The fund acquired 6,145 shares of the transportation company’s stock, valued at approximately $475,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. IFP Advisors Inc boosted its position in C.H. Robinson Worldwide by 4.8% in the first quarter. IFP Advisors Inc now owns 1,609 shares of the transportation company’s stock worth $124,000 after buying an additional 73 shares during the last quarter. Dumont & Blake Investment Advisors LLC boosted its position in C.H. Robinson Worldwide by 0.8% in the first quarter. Dumont & Blake Investment Advisors LLC now owns 9,795 shares of the transportation company’s stock worth $757,000 after buying an additional 75 shares during the last quarter. Pacer Advisors Inc. boosted its position in C.H. Robinson Worldwide by 3.1% in the first quarter. Pacer Advisors Inc. now owns 2,649 shares of the transportation company’s stock worth $205,000 after buying an additional 79 shares during the last quarter. Fort Washington Investment Advisors Inc. OH boosted its position in C.H. Robinson Worldwide by 0.4% in the first quarter. Fort Washington Investment Advisors Inc. OH now owns 18,604 shares of the transportation company’s stock worth $1,438,000 after buying an additional 80 shares during the last quarter. Finally, Van ECK Associates Corp boosted its position in C.H. Robinson Worldwide by 3.6% in the fourth quarter. Van ECK Associates Corp now owns 2,402 shares of the transportation company’s stock worth $176,000 after buying an additional 83 shares during the last quarter. 87.74% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for C.H. Robinson Worldwide (NASDAQ:CHRW)

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) traded down 2.093% during trading on Tuesday, reaching $68.633. 544,141 shares of the company were exchanged. The firm has a market capitalization of $9.67 billion, a PE ratio of 18.954 and a beta of 0.44. C.H. Robinson Worldwide, Inc. has a 12 month low of $65.57 and a 12 month high of $81.16. The stock has a 50 day moving average price of $69.11 and a 200 day moving average price of $74.42.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its earnings results on Tuesday, April 25th. The transportation company reported $0.86 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.81 by $0.05. C.H. Robinson Worldwide had a net margin of 3.83% and a return on equity of 40.46%. The firm had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.33 billion. During the same period last year, the firm posted $0.83 EPS. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. On average, analysts expect that C.H. Robinson Worldwide, Inc. will post $3.58 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Friday, June 2nd will be issued a dividend of $0.45 per share. The ex-dividend date is Wednesday, May 31st. This represents a $1.80 annualized dividend and a yield of 2.57%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is currently 49.72%.

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A number of research analysts have weighed in on the stock. Barclays PLC reaffirmed a “hold” rating and issued a $73.00 price objective on shares of C.H. Robinson Worldwide in a report on Thursday, April 27th. Vertical Research raised shares of C.H. Robinson Worldwide from a “sell” rating to a “hold” rating and set a $76.00 price objective for the company in a report on Monday, May 15th. Zacks Investment Research cut shares of C.H. Robinson Worldwide from a “hold” rating to a “sell” rating in a report on Tuesday, April 4th. Stifel Nicolaus lifted their price objective on shares of C.H. Robinson Worldwide from $78.00 to $83.00 and gave the company a “hold” rating in a report on Friday, February 24th. Finally, Deutsche Bank AG cut their price objective on shares of C.H. Robinson Worldwide from $80.00 to $75.00 and set a “hold” rating for the company in a report on Friday, April 28th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the stock. C.H. Robinson Worldwide presently has a consensus rating of “Hold” and a consensus price target of $75.53.

About C.H. Robinson Worldwide

C.H. Robinson Worldwide, Inc is a provider of transportation services and logistics solutions through a network of offices operating in North America, Europe, Asia, Australia, New Zealand and South America. The Company’s segments include North American Surface Transportation (NAST), Global Forwarding, Robinson Fresh, and All Other and Corporate.

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