The Bokf Na Has $1,112,000 Position in C.H. Robinson Worldwide Inc. (CHRW)

The Bokf Na Has $1,112,000 Position in C.H. Robinson Worldwide Inc. (CHRW)

Bokf Na boosted its position in shares of C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) by 9.6% during the third quarter, Holdings Channel reports. The firm owned 15,777 shares of the company’s stock after buying an additional 1,382 shares during the period. Bokf Na’s holdings in C.H. Robinson Worldwide were worth $1,112,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CHRW. Integrated Investment Consultants LLC raised its stake in shares of C.H. Robinson Worldwide by 6.9% in the third quarter. Integrated Investment Consultants LLC now owns 1,550 shares of the company’s stock worth $109,000 after buying an additional 100 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of C.H. Robinson Worldwide by 34.2% in the second quarter. Van ECK Associates Corp now owns 1,699 shares of the company’s stock worth $126,000 after buying an additional 433 shares in the last quarter. Mizuho Asset Management Co. Ltd. raised its stake in shares of C.H. Robinson Worldwide by 76.0% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 1,765 shares of the company’s stock worth $131,000 after buying an additional 762 shares in the last quarter. Pacer Advisors Inc. raised its stake in shares of C.H. Robinson Worldwide by 7.2% in the second quarter. Pacer Advisors Inc. now owns 2,606 shares of the company’s stock worth $193,000 after buying an additional 176 shares in the last quarter. Finally, MSI Financial Services Inc raised its stake in shares of C.H. Robinson Worldwide by 122.7% in the third quarter. MSI Financial Services Inc now owns 2,790 shares of the company’s stock worth $197,000 after buying an additional 1,537 shares in the last quarter. Institutional investors and hedge funds own 83.38% of the company’s stock.

Shares of C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) traded down 0.92% during trading on Thursday, reaching $73.37. 1,198,741 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $74.54 and a 200 day moving average price of $71.38. The company has a market capitalization of $10.39 billion, a P/E ratio of 20.32 and a beta of 0.37. C.H. Robinson Worldwide Inc. has a 12-month low of $62.61 and a 12-month high of $77.89.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its quarterly earnings data on Tuesday, October 25th. The company reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.96 by $0.06. The business had revenue of $3.36 billion for the quarter, compared to analyst estimates of $3.33 billion. C.H. Robinson Worldwide had a return on equity of 42.48% and a net margin of 4.00%. The firm’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.96 earnings per share. Equities analysts expect that C.H. Robinson Worldwide Inc. will post $3.58 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 30th. Investors of record on Monday, December 19th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.45%. This is an increase from C.H. Robinson Worldwide’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend was Thursday, December 15th. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 49.86%.

CHRW has been the subject of a number of recent analyst reports. Vetr lowered shares of C.H. Robinson Worldwide from a “buy” rating to a “hold” rating and set a $73.30 target price for the company. in a research note on Monday, October 10th. Buckingham Research reissued a “buy” rating and set a $87.00 target price (up from $79.00) on shares of C.H. Robinson Worldwide in a research note on Sunday, October 9th. Deutsche Bank AG initiated coverage on shares of C.H. Robinson Worldwide in a research note on Wednesday, November 2nd. They set a “hold” rating and a $71.00 target price for the company. Zacks Investment Research lowered shares of C.H. Robinson Worldwide from a “hold” rating to a “sell” rating in a research note on Friday, November 4th. Finally, Barclays PLC reissued a “hold” rating and set a $76.00 target price on shares of C.H. Robinson Worldwide in a research note on Tuesday, January 10th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $75.35.

In related news, insider Robert C. Biesterfeld, Jr. sold 600 shares of the firm’s stock in a transaction dated Wednesday, November 9th. The stock was sold at an average price of $71.30, for a total transaction of $42,780.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.69% of the stock is currently owned by company insiders.

About C.H. Robinson Worldwide

C.H. Robinson Worldwide, Inc (C.H. Robinson) is a third-party logistics company. The Company provides freight transportation services and logistics solutions to companies of all sizes, in a variety of industries. C.H. Robinson has handled approximately 16.9 million shipments, and worked with over 110,000 active customers.

Want to see what other hedge funds are holding CHRW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for C.H. Robinson Worldwide Inc. (NASDAQ:CHRW).

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