C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Shares Bought by WINTON GROUP Ltd

WINTON GROUP Ltd boosted its stake in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRWGet Rating) by 2,026.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 112,602 shares of the transportation company’s stock after buying an additional 107,307 shares during the quarter. C.H. Robinson Worldwide accounts for approximately 0.7% of WINTON GROUP Ltd’s portfolio, making the stock its 15th largest holding. WINTON GROUP Ltd owned 0.09% of C.H. Robinson Worldwide worth $12,119,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. ArrowMark Colorado Holdings LLC lifted its holdings in shares of C.H. Robinson Worldwide by 14.8% in the third quarter. ArrowMark Colorado Holdings LLC now owns 1,661,527 shares of the transportation company’s stock valued at $144,553,000 after purchasing an additional 214,608 shares in the last quarter. Xponance Inc. lifted its holdings in shares of C.H. Robinson Worldwide by 15.8% in the fourth quarter. Xponance Inc. now owns 10,884 shares of the transportation company’s stock valued at $1,171,000 after purchasing an additional 1,482 shares in the last quarter. Daiwa Securities Group Inc. lifted its holdings in shares of C.H. Robinson Worldwide by 2.3% in the fourth quarter. Daiwa Securities Group Inc. now owns 7,816 shares of the transportation company’s stock valued at $841,000 after purchasing an additional 176 shares in the last quarter. Mackenzie Financial Corp lifted its holdings in shares of C.H. Robinson Worldwide by 31.6% in the third quarter. Mackenzie Financial Corp now owns 74,333 shares of the transportation company’s stock valued at $6,467,000 after purchasing an additional 17,833 shares in the last quarter. Finally, AIMZ Investment Advisors LLC lifted its stake in shares of C.H. Robinson Worldwide by 1.7% during the fourth quarter. AIMZ Investment Advisors LLC now owns 47,214 shares of the transportation company’s stock valued at $5,082,000 after buying an additional 804 shares during the period. Institutional investors own 93.48% of the company’s stock.

In related news, insider Angela K. Freeman sold 28,054 shares of the firm’s stock in a transaction on Tuesday, May 3rd. The shares were sold at an average price of $110.03, for a total transaction of $3,086,781.62. Following the completion of the sale, the insider now directly owns 54,520 shares of the company’s stock, valued at approximately $5,998,835.60. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.64% of the stock is currently owned by company insiders.

Shares of C.H. Robinson Worldwide stock traded up $0.60 during trading hours on Friday, hitting $106.97. The company’s stock had a trading volume of 1,327,893 shares, compared to its average volume of 1,216,243. C.H. Robinson Worldwide, Inc. has a 1-year low of $84.67 and a 1-year high of $112.15. The business has a fifty day moving average of $104.29 and a 200 day moving average of $100.97. The company has a market capitalization of $13.61 billion, a PE ratio of 15.11, a P/E/G ratio of 1.64 and a beta of 0.73. The company has a quick ratio of 1.44, a current ratio of 1.49 and a debt-to-equity ratio of 0.76.

C.H. Robinson Worldwide (NASDAQ:CHRWGet Rating) last released its quarterly earnings results on Wednesday, April 27th. The transportation company reported $2.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.54 by $0.51. C.H. Robinson Worldwide had a net margin of 3.75% and a return on equity of 47.22%. During the same quarter last year, the business posted $1.28 earnings per share. On average, sell-side analysts anticipate that C.H. Robinson Worldwide, Inc. will post 7.2 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, July 1st. Investors of record on Friday, June 3rd will be issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date is Thursday, June 2nd. C.H. Robinson Worldwide’s payout ratio is 31.07%.

Several brokerages recently issued reports on CHRW. UBS Group downgraded shares of C.H. Robinson Worldwide from a “buy” rating to a “neutral” rating in a research note on Thursday, February 3rd. Citigroup upped their price objective on shares of C.H. Robinson Worldwide from $108.00 to $120.00 in a research note on Thursday, April 28th. KeyCorp reduced their price objective on shares of C.H. Robinson Worldwide from $135.00 to $125.00 and set an “overweight” rating on the stock in a research note on Thursday, February 3rd. Cowen upped their price objective on shares of C.H. Robinson Worldwide from $109.00 to $123.00 and gave the company an “outperform” rating in a research note on Thursday, April 28th. Finally, Vertical Research downgraded shares of C.H. Robinson Worldwide from a “buy” rating to a “hold” rating and set a $110.00 price objective on the stock. in a research note on Wednesday, March 2nd. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $108.91.

About C.H. Robinson Worldwide (Get Rating)

C.H. Robinson Worldwide, Inc, together with its subsidiaries, provides freight transportation services and logistics solutions to companies in various industries worldwide. The company operates in two segments, North American Surface Transportation and Global Forwarding. It 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 comprise the shipment service of freight in containers or trailers by a combination of truck and rail; and non-vessel ocean common carrier and freight forwarding services, as well as organizes air shipments and provides door-to-door services.

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

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