C.H. Robinson Worldwide, Inc. $CHRW Shares Acquired by AGF Management Ltd.

AGF Management Ltd. increased its position in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 15.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,490 shares of the transportation company’s stock after acquiring an additional 4,998 shares during the period. AGF Management Ltd.’s holdings in C.H. Robinson Worldwide were worth $4,964,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. CYBER HORNET ETFs LLC acquired a new position in shares of C.H. Robinson Worldwide in the 2nd quarter worth approximately $30,000. MUFG Securities EMEA plc acquired a new position in C.H. Robinson Worldwide in the second quarter worth approximately $34,000. Arlington Trust Co LLC acquired a new position in C.H. Robinson Worldwide in the third quarter worth approximately $34,000. Quent Capital LLC bought a new position in shares of C.H. Robinson Worldwide in the third quarter valued at $37,000. Finally, FNY Investment Advisers LLC acquired a new stake in shares of C.H. Robinson Worldwide during the 2nd quarter valued at $38,000. 93.15% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other C.H. Robinson Worldwide news, insider Michael John Short sold 2,390 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $161.91, for a total value of $386,964.90. Following the completion of the transaction, the insider owned 55,158 shares of the company’s stock, valued at $8,930,631.78. This represents a 4.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Angela K. Freeman sold 49,884 shares of the firm’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $149.71, for a total transaction of $7,468,133.64. Following the transaction, the insider directly owned 65,728 shares of the company’s stock, valued at $9,840,138.88. The trade was a 43.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 53,504 shares of company stock worth $8,070,349 in the last ninety days. 0.91% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CHRW. BMO Capital Markets restated a “market perform” rating and issued a $180.00 target price on shares of C.H. Robinson Worldwide in a report on Thursday, January 29th. Stifel Nicolaus lifted their price target on C.H. Robinson Worldwide from $184.00 to $202.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Loop Capital set a $206.00 price objective on shares of C.H. Robinson Worldwide in a research note on Monday. Weiss Ratings upgraded shares of C.H. Robinson Worldwide from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th. Finally, Bank of America lifted their target price on shares of C.H. Robinson Worldwide from $167.00 to $182.00 and gave the stock a “buy” rating in a research report on Wednesday, December 24th. Sixteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $181.29.

More C.H. Robinson Worldwide News

Here are the key news stories impacting C.H. Robinson Worldwide this week:

• Positive Sentiment: High-profile bullish coverage — Jim Cramer called CHRW “still a terrific stock,” raising investor attention and likely driving short-term buying interest. Jim Cramer on CH Robinson: “This one’s still a terrific stock” Jim Cramer on C.H. Robinson: “This One’s Still a Terrific Stock”
• Positive Sentiment: Analyst/style-score pieces (Zacks and syndicated MSN articles) are labeling CHRW a top-ranked momentum and strong-growth stock, which tends to pull in momentum-focused funds and retail buyers. C.H. Robinson Worldwide (CHRW) is a Great Momentum Stock: Should You Buy? Here’s Why C.H. Robinson Worldwide (CHRW) is a Strong Growth Stock
• Positive Sentiment: Technical/momentum dynamics: reported intraday volume is above the stock’s average and the shares are trading above their 50- and 200-day moving averages — conditions that often amplify momentum-driven gains. (Market/trading data)
• Neutral Sentiment: Short-interest reports flagged “significant increases” for early February but show nonsensical values (0 shares / NaN / 0.0 days to cover). This looks like a data anomaly and is unlikely to be a meaningful driver unless a validated rise in short interest is reported. (Entries dated Feb 2–3)

C.H. Robinson Worldwide Stock Performance

CHRW stock opened at $199.71 on Wednesday. The firm has a 50 day moving average of $168.39 and a two-hundred day moving average of $143.55. C.H. Robinson Worldwide, Inc. has a 12 month low of $84.68 and a 12 month high of $202.80. The company has a market capitalization of $23.59 billion, a price-to-earnings ratio of 41.35, a P/E/G ratio of 2.09 and a beta of 0.90. The company has a quick ratio of 1.59, a current ratio of 1.53 and a debt-to-equity ratio of 0.59.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its quarterly earnings results on Wednesday, January 28th. The transportation company reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.11. The company had revenue of $3.91 billion during the quarter, compared to the consensus estimate of $3.97 billion. C.H. Robinson Worldwide had a return on equity of 34.24% and a net margin of 3.62%.The firm’s revenue was down 6.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.21 EPS. As a group, equities analysts anticipate that C.H. Robinson Worldwide, Inc. will post 4.83 EPS for the current fiscal year.

C.H. Robinson Worldwide Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 5th. Stockholders of record on Friday, December 5th were paid a $0.63 dividend. The ex-dividend date was Friday, December 5th. This is a positive change from C.H. Robinson Worldwide’s previous quarterly dividend of $0.62. This represents a $2.52 annualized dividend and a dividend yield of 1.3%. C.H. Robinson Worldwide’s dividend payout ratio is 52.17%.

About C.H. Robinson Worldwide

C.H. Robinson Worldwide, Inc is a third-party logistics provider founded in 1905 and headquartered in Eden Prairie, Minnesota. Originally established as a produce brokerage firm, the company has since expanded its offerings to become one of the world’s largest freight and logistics intermediaries. C.H. Robinson leverages a global network of transportation providers, technology platforms, and in-house expertise to connect shippers and carriers across multiple modes of transportation.

The company’s primary services include truckload, less-than-truckload (LTL), intermodal, air and ocean freight, and managed transportation solutions.