C.H. Robinson Worldwide Inc (CHRW) Position Lifted by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. lifted its stake in C.H. Robinson Worldwide Inc (NASDAQ:CHRW) by 32.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 572 shares of the transportation company’s stock after buying an additional 140 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in C.H. Robinson Worldwide were worth $50,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc grew its position in C.H. Robinson Worldwide by 3.1% during the 3rd quarter. Vanguard Group Inc now owns 16,437,440 shares of the transportation company’s stock worth $1,609,555,000 after purchasing an additional 491,114 shares during the last quarter. BlackRock Inc. grew its position in C.H. Robinson Worldwide by 2.9% during the 4th quarter. BlackRock Inc. now owns 11,683,425 shares of the transportation company’s stock worth $982,460,000 after purchasing an additional 323,811 shares during the last quarter. FMR LLC grew its position in C.H. Robinson Worldwide by 91.8% during the 4th quarter. FMR LLC now owns 8,014,313 shares of the transportation company’s stock worth $673,924,000 after purchasing an additional 3,836,115 shares during the last quarter. Baillie Gifford & Co. grew its position in C.H. Robinson Worldwide by 1.1% during the 4th quarter. Baillie Gifford & Co. now owns 5,167,259 shares of the transportation company’s stock worth $434,515,000 after purchasing an additional 57,415 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its position in C.H. Robinson Worldwide by 5,277.8% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,857,462 shares of the transportation company’s stock worth $34,000 after purchasing an additional 2,804,328 shares during the last quarter. 87.86% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ:CHRW opened at $89.99 on Friday. The stock has a market capitalization of $12.36 billion, a PE ratio of 19.03, a PEG ratio of 1.86 and a beta of 0.69. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.84. C.H. Robinson Worldwide Inc has a fifty-two week low of $78.83 and a fifty-two week high of $101.20.

C.H. Robinson Worldwide (NASDAQ:CHRW) last announced its quarterly earnings data on Tuesday, January 29th. The transportation company reported $1.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.20 by $0.14. C.H. Robinson Worldwide had a net margin of 4.00% and a return on equity of 43.12%. The firm had revenue of $4.14 billion during the quarter, compared to analysts’ expectations of $4.24 billion. During the same quarter last year, the business earned $0.86 earnings per share. On average, equities analysts predict that C.H. Robinson Worldwide Inc will post 5.01 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 1st were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend was Thursday, February 28th. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is 42.28%.

In related news, insider Angela K. Freeman sold 2,914 shares of the firm’s stock in a transaction dated Thursday, February 14th. The shares were sold at an average price of $91.01, for a total value of $265,203.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jordan T. Kass sold 1,382 shares of the firm’s stock in a transaction dated Wednesday, February 6th. The shares were sold at an average price of $90.80, for a total transaction of $125,485.60. The disclosure for this sale can be found here. 1.65% of the stock is owned by company insiders.

CHRW has been the topic of several analyst reports. Susquehanna Bancshares downgraded shares of C.H. Robinson Worldwide from a “positive” rating to a “neutral” rating in a report on Wednesday, April 10th. Barclays lifted their target price on shares of C.H. Robinson Worldwide from $95.00 to $100.00 and gave the company an “equal weight” rating in a report on Thursday, April 4th. BidaskClub raised shares of C.H. Robinson Worldwide from a “strong sell” rating to a “sell” rating in a report on Wednesday, April 3rd. Stifel Nicolaus set a $99.00 target price on shares of C.H. Robinson Worldwide and gave the company a “hold” rating in a report on Monday, March 25th. Finally, Zacks Investment Research downgraded shares of C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a report on Tuesday, March 26th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company. C.H. Robinson Worldwide presently has a consensus rating of “Hold” and an average target price of $95.14.

WARNING: “C.H. Robinson Worldwide Inc (CHRW) Position Lifted by Harel Insurance Investments & Financial Services Ltd.” was first published by Baseball Daily News and is the property of of Baseball Daily News. If you are accessing this report on another website, it was illegally copied and republished in violation of US & international copyright & trademark legislation. The correct version of this report can be accessed at https://www.baseballdailydigest.com/news/2019/04/21/c-h-robinson-worldwide-inc-chrw-position-lifted-by-harel-insurance-investments-financial-services-ltd.html.

About C.H. Robinson Worldwide

C.H. Robinson Worldwide, Inc, a third party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. The company operates through three segments: North American Surface Transportation, Global Forwarding, and Robinson Fresh. It offers transportation and logistics services, such as truckload; less than truckload transportation which include the shipment of single or multiple pallets of freight; intermodal transportation, which is shipment service of freight in trailers or containers by a combination of truck and rail; and non-vessel ocean common carrier or freight forwarding services, as well as organizes air shipments and provides door-to-door services.

Featured Article: What is a Derivative?

Want to see what other hedge funds are holding CHRW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for C.H. Robinson Worldwide Inc (NASDAQ:CHRW).

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

Receive News & Ratings for C.H. Robinson Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for C.H. Robinson Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.