Duality Advisers LP Lowers Stock Holdings in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Duality Advisers LP lowered its holdings in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 87.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 7,254 shares of the transportation company’s stock after selling 49,559 shares during the period. Duality Advisers LP’s holdings in C.H. Robinson Worldwide were worth $627,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Vision Capital Management Inc. boosted its position in C.H. Robinson Worldwide by 0.8% during the fourth quarter. Vision Capital Management Inc. now owns 16,605 shares of the transportation company’s stock worth $1,435,000 after purchasing an additional 129 shares in the last quarter. Cascade Investment Advisors Inc. lifted its position in shares of C.H. Robinson Worldwide by 1.1% in the third quarter. Cascade Investment Advisors Inc. now owns 13,665 shares of the transportation company’s stock valued at $1,177,000 after acquiring an additional 145 shares in the last quarter. SkyView Investment Advisors LLC lifted its position in shares of C.H. Robinson Worldwide by 3.4% in the third quarter. SkyView Investment Advisors LLC now owns 4,567 shares of the transportation company’s stock valued at $393,000 after acquiring an additional 149 shares in the last quarter. Avior Wealth Management LLC lifted its position in shares of C.H. Robinson Worldwide by 71.4% in the third quarter. Avior Wealth Management LLC now owns 425 shares of the transportation company’s stock valued at $37,000 after acquiring an additional 177 shares in the last quarter. Finally, Treasurer of the State of North Carolina lifted its position in shares of C.H. Robinson Worldwide by 0.4% in the third quarter. Treasurer of the State of North Carolina now owns 51,934 shares of the transportation company’s stock valued at $4,473,000 after acquiring an additional 190 shares in the last quarter. Hedge funds and other institutional investors own 93.15% of the company’s stock.

C.H. Robinson Worldwide Price Performance

CHRW stock opened at $70.26 on Friday. The business has a fifty day moving average of $72.62 and a two-hundred day moving average of $79.61. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 1.00. The stock has a market cap of $8.22 billion, a price-to-earnings ratio of 25.93, a price-to-earnings-growth ratio of 3.62 and a beta of 0.72. C.H. Robinson Worldwide, Inc. has a 52-week low of $65.00 and a 52-week high of $106.14.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its earnings results on Wednesday, January 31st. The transportation company reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.80 by ($0.30). The business had revenue of $4.22 billion for the quarter, compared to analyst estimates of $4.35 billion. C.H. Robinson Worldwide had a return on equity of 27.61% and a net margin of 1.85%. As a group, research analysts anticipate that C.H. Robinson Worldwide, Inc. will post 3.24 earnings per share for the current year.

C.H. Robinson Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Friday, March 1st were paid a dividend of $0.61 per share. The ex-dividend date was Thursday, February 29th. This represents a $2.44 annualized dividend and a yield of 3.47%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is 90.04%.

Wall Street Analyst Weigh In

CHRW has been the topic of several research reports. Susquehanna raised their target price on C.H. Robinson Worldwide from $79.00 to $80.00 and gave the company a “neutral” rating in a research report on Monday, March 25th. BMO Capital Markets decreased their target price on C.H. Robinson Worldwide from $90.00 to $85.00 and set a “market perform” rating on the stock in a research report on Thursday, February 1st. Wells Fargo & Company decreased their target price on C.H. Robinson Worldwide from $80.00 to $70.00 and set an “underweight” rating on the stock in a research report on Thursday, February 1st. BNP Paribas reiterated a “neutral” rating and set a $76.00 price objective on shares of C.H. Robinson Worldwide in a research report on Wednesday, March 27th. Finally, JPMorgan Chase & Co. reduced their price objective on C.H. Robinson Worldwide from $75.00 to $70.00 and set an “underweight” rating on the stock in a research report on Tuesday, April 9th. Seven research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, C.H. Robinson Worldwide has an average rating of “Hold” and a consensus price target of $81.21.

C.H. Robinson Worldwide 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.