Schroder Investment Management Group Has $16 Million Stake in C.H. Robinson Worldwide, Inc. (CHRW)

Schroder Investment Management Group lifted its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 2.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 236,789 shares of the transportation company’s stock after buying an additional 4,794 shares during the quarter. Schroder Investment Management Group owned about 0.17% of C.H. Robinson Worldwide worth $15,995,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. TrimTabs Asset Management LLC lifted its stake in shares of C.H. Robinson Worldwide by 89.1% in the first quarter. TrimTabs Asset Management LLC now owns 1,511 shares of the transportation company’s stock worth $117,000 after buying an additional 712 shares during the last quarter. Van ECK Associates Corp lifted its stake in shares of C.H. Robinson Worldwide by 6.6% in the first quarter. Van ECK Associates Corp now owns 2,561 shares of the transportation company’s stock worth $198,000 after buying an additional 159 shares during the last quarter. IHT Wealth Management LLC lifted its stake in shares of C.H. Robinson Worldwide by 3.5% in the first quarter. IHT Wealth Management LLC now owns 2,645 shares of the transportation company’s stock worth $202,000 after buying an additional 89 shares during the last quarter. Pacer Advisors Inc. lifted its stake in shares of 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. Finally, NEXT Financial Group Inc lifted its stake in shares of C.H. Robinson Worldwide by 7.8% in the second quarter. NEXT Financial Group Inc now owns 2,895 shares of the transportation company’s stock worth $199,000 after buying an additional 209 shares during the last quarter. Institutional investors and hedge funds own 90.10% of the company’s stock.

A number of brokerages have recently weighed in on CHRW. BidaskClub upgraded shares of C.H. Robinson Worldwide from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 5th. Cowen and Company reduced their price objective on shares of C.H. Robinson Worldwide from $73.00 to $68.00 and set a “market perform” rating for the company in a research note on Friday, July 21st. Stifel Nicolaus reduced their price objective on shares of C.H. Robinson Worldwide from $71.00 to $67.00 and set a “hold” rating for the company in a research note on Thursday, July 20th. Zacks Investment Research cut shares of C.H. Robinson Worldwide from a “hold” rating to a “sell” rating in a research note on Tuesday, June 27th. Finally, BMO Capital Markets upgraded shares of C.H. Robinson Worldwide from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $70.00 to $72.00 in a research note on Wednesday, July 26th. They noted that the move was a valuation call. Five research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. C.H. Robinson Worldwide presently has an average rating of “Hold” and an average price target of $71.75.

In other C.H. Robinson Worldwide news, VP Angela K. Freeman sold 1,200 shares of C.H. Robinson Worldwide stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $68.72, for a total transaction of $82,464.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.85% of the company’s stock.

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C.H. Robinson Worldwide, Inc. (NASDAQ CHRW) opened at 70.77 on Friday. The company’s 50-day moving average is $68.62 and its 200 day moving average is $71.33. C.H. Robinson Worldwide, Inc. has a 1-year low of $63.41 and a 1-year high of $81.16. The firm has a market capitalization of $9.94 billion, a PE ratio of 20.75 and a beta of 0.41.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its quarterly earnings data on Wednesday, July 19th. The transportation company reported $0.78 EPS for the quarter, missing the Zacks’ consensus estimate of $0.90 by ($0.12). C.H. Robinson Worldwide had a return on equity of 37.41% and a net margin of 3.49%. The company had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.63 billion. During the same period last year, the firm earned $1.00 earnings per share. The company’s revenue for the quarter was up 12.4% compared to the same quarter last year. On average, equities analysts expect that C.H. Robinson Worldwide, Inc. will post $3.29 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 1st will be given a dividend of $0.45 per share. The ex-dividend date is Wednesday, August 30th. This represents a $1.80 dividend on an annualized basis and a yield of 2.54%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is 52.94%.

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

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