Vontobel Holding Ltd. Has $1.65 Million Holdings in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Vontobel Holding Ltd. grew its position in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 184.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 19,132 shares of the transportation company’s stock after acquiring an additional 12,408 shares during the period. Vontobel Holding Ltd.’s holdings in C.H. Robinson Worldwide were worth $1,653,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Norges Bank bought a new position in C.H. Robinson Worldwide during the fourth quarter valued at approximately $70,174,000. State Street Corp raised its holdings in shares of C.H. Robinson Worldwide by 4.3% during the 1st quarter. State Street Corp now owns 8,916,720 shares of the transportation company’s stock valued at $891,417,000 after purchasing an additional 365,084 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of C.H. Robinson Worldwide by 64.9% during the 1st quarter. Bank of America Corp DE now owns 779,362 shares of the transportation company’s stock valued at $77,445,000 after purchasing an additional 306,755 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of C.H. Robinson Worldwide by 31.6% in the 2nd quarter. Royal Bank of Canada now owns 1,184,014 shares of the transportation company’s stock valued at $111,712,000 after purchasing an additional 284,103 shares during the last quarter. Finally, Eaton Vance Management boosted its holdings in C.H. Robinson Worldwide by 27.0% in the first quarter. Eaton Vance Management now owns 1,328,146 shares of the transportation company’s stock worth $143,054,000 after purchasing an additional 282,532 shares in the last quarter. Institutional investors own 93.15% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on CHRW. Wolfe Research upgraded C.H. Robinson Worldwide from an “underperform” rating to a “peer perform” rating in a report on Thursday, April 11th. Susquehanna boosted their target price on C.H. Robinson Worldwide from $79.00 to $80.00 and gave the stock a “neutral” rating in a 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 for the company in a research report on Thursday, February 1st. BNP Paribas reissued a “neutral” rating and issued a $76.00 price target on shares of C.H. Robinson Worldwide in a research report on Wednesday, March 27th. Finally, Barclays reaffirmed an “underweight” rating and set a $65.00 price objective (down from $80.00) on shares of C.H. Robinson Worldwide in a report on Monday, April 1st. Seven investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $81.21.

C.H. Robinson Worldwide Price Performance

NASDAQ:CHRW opened at $71.22 on Friday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.40 and a quick ratio of 1.40. C.H. Robinson Worldwide, Inc. has a one year low of $65.00 and a one year high of $106.14. The company has a fifty day moving average price of $72.92 and a 200 day moving average price of $80.01. The stock has a market cap of $8.33 billion, a P/E ratio of 26.28, a PEG ratio of 3.54 and a beta of 0.72.

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

C.H. Robinson Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Friday, March 1st were given a $0.61 dividend. The ex-dividend date was Thursday, February 29th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 3.43%. C.H. Robinson Worldwide’s dividend payout ratio is currently 90.04%.

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.