Pflug Koory LLC Has $437,000 Stake in C.H. Robinson Worldwide, Inc. $CHRW

Pflug Koory LLC grew its stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 3.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,551 shares of the transportation company’s stock after purchasing an additional 172 shares during the period. Pflug Koory LLC’s holdings in C.H. Robinson Worldwide were worth $437,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of CHRW. North Capital Inc. acquired a new stake in shares of C.H. Robinson Worldwide during the 1st quarter valued at about $25,000. NBC Securities Inc. acquired a new stake in shares of C.H. Robinson Worldwide during the 1st quarter valued at about $27,000. WPG Advisers LLC acquired a new stake in shares of C.H. Robinson Worldwide during the 1st quarter valued at about $32,000. National Pension Service boosted its position in shares of C.H. Robinson Worldwide by 74.4% during the 1st quarter. National Pension Service now owns 429 shares of the transportation company’s stock valued at $44,000 after acquiring an additional 183 shares in the last quarter. Finally, Ransom Advisory Ltd acquired a new stake in shares of C.H. Robinson Worldwide during the 1st quarter valued at about $51,000. 93.15% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at C.H. Robinson Worldwide

In other news, insider Arun Rajan sold 2,500 shares of C.H. Robinson Worldwide stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $121.74, for a total transaction of $304,350.00. Following the completion of the sale, the insider owned 130,591 shares in the company, valued at $15,898,148.34. The trade was a 1.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Angela K. Freeman sold 5,713 shares of C.H. Robinson Worldwide stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $116.24, for a total transaction of $664,079.12. Following the sale, the insider owned 65,728 shares of the company’s stock, valued at approximately $7,640,222.72. This represents a 8.00% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 14,577 shares of company stock worth $1,714,544. 1.47% of the stock is currently owned by corporate insiders.

C.H. Robinson Worldwide Trading Up 0.5%

CHRW opened at $135.40 on Friday. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $15.99 billion, a PE ratio of 30.84, a PEG ratio of 2.09 and a beta of 0.90. C.H. Robinson Worldwide, Inc. has a 1-year low of $84.68 and a 1-year high of $138.00. The firm has a 50-day moving average price of $125.18 and a two-hundred day moving average price of $105.60.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings data on Wednesday, July 30th. The transportation company reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.12. The firm had revenue of $4.14 billion during the quarter, compared to analysts’ expectations of $4.16 billion. C.H. Robinson Worldwide had a net margin of 3.14% and a return on equity of 35.01%. The company’s quarterly revenue was down 7.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.15 EPS. As a group, equities analysts anticipate that C.H. Robinson Worldwide, Inc. will post 4.83 earnings per share for the current fiscal year.

C.H. Robinson Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Friday, September 5th were given a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 1.8%. The ex-dividend date was Friday, September 5th. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 56.49%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Baird R W upgraded shares of C.H. Robinson Worldwide from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 31st. Evercore ISI lifted their target price on shares of C.H. Robinson Worldwide from $116.00 to $155.00 and gave the company an “outperform” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft lifted their target price on shares of C.H. Robinson Worldwide from $124.00 to $159.00 and gave the company a “buy” rating in a research report on Wednesday. Citigroup lifted their target price on shares of C.H. Robinson Worldwide from $116.00 to $118.00 and gave the company a “buy” rating in a research report on Wednesday, July 9th. Finally, TD Cowen lifted their price target on shares of C.H. Robinson Worldwide from $112.00 to $116.00 and gave the company a “hold” rating in a report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $126.19.

C.H. Robinson Worldwide Company Profile

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.