C.H. Robinson Worldwide Inc (NASDAQ:CHRW) CEO John Wiehoff sold 13,946 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $92.08, for a total value of $1,284,147.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of C.H. Robinson Worldwide Inc (NASDAQ CHRW) opened at $92.72 on Wednesday. C.H. Robinson Worldwide Inc has a twelve month low of $63.41 and a twelve month high of $100.18. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.26 and a quick ratio of 1.24. The firm has a market capitalization of $12,960.00, a P/E ratio of 25.97, a PEG ratio of 2.31 and a beta of 0.46.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Friday, March 2nd will be issued a $0.46 dividend. The ex-dividend date of this dividend is Thursday, March 1st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.98%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is 51.54%.

A number of brokerages have issued reports on CHRW. BidaskClub raised C.H. Robinson Worldwide from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Zacks Investment Research raised C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $103.00 target price on the stock in a research report on Tuesday, February 6th. BMO Capital Markets upped their target price on C.H. Robinson Worldwide from $87.00 to $96.00 and gave the company a “market perform” rating in a research report on Thursday, February 1st. They noted that the move was a valuation call. Cowen upped their target price on C.H. Robinson Worldwide from $88.00 to $103.00 and gave the company an “outperform” rating in a research report on Thursday, February 1st. Finally, Morgan Stanley upped their target price on C.H. Robinson Worldwide from $57.00 to $70.00 and gave the company an “underweight” rating in a research report on Friday, February 2nd. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $82.53.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Invictus RG bought a new position in C.H. Robinson Worldwide during the 4th quarter worth $401,000. Amundi Pioneer Asset Management Inc. bought a new position in C.H. Robinson Worldwide during the 4th quarter worth $24,488,000. Alliancebernstein L.P. grew its stake in C.H. Robinson Worldwide by 9.1% during the 4th quarter. Alliancebernstein L.P. now owns 1,026,131 shares of the transportation company’s stock worth $91,418,000 after buying an additional 85,420 shares during the last quarter. Geode Capital Management LLC grew its stake in C.H. Robinson Worldwide by 2.3% during the 4th quarter. Geode Capital Management LLC now owns 1,716,212 shares of the transportation company’s stock worth $152,624,000 after buying an additional 39,001 shares during the last quarter. Finally, Investec Asset Management LTD grew its stake in C.H. Robinson Worldwide by 6.0% during the 4th quarter. Investec Asset Management LTD now owns 79,851 shares of the transportation company’s stock worth $7,114,000 after buying an additional 4,530 shares during the last quarter. Institutional investors and hedge funds own 93.56% of the company’s stock.

WARNING: This piece was first published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this piece on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark laws. The legal version of this piece can be accessed at https://theolympiareport.com/2018/02/14/john-wiehoff-sells-13946-shares-of-c-h-robinson-worldwide-inc-chrw-stock.html.

C.H. Robinson Worldwide Company Profile

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.

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.