Neumann Capital Management LLC Has $1.95 Million Holdings in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Neumann Capital Management LLC lifted its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 2.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 18,890 shares of the transportation company’s stock after buying an additional 500 shares during the quarter. Neumann Capital Management LLC’s holdings in C.H. Robinson Worldwide were worth $1,952,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Inspire Investing LLC bought a new stake in C.H. Robinson Worldwide in the fourth quarter worth approximately $810,000. Avior Wealth Management LLC boosted its holdings in C.H. Robinson Worldwide by 24.6% in the fourth quarter. Avior Wealth Management LLC now owns 963 shares of the transportation company’s stock worth $99,000 after purchasing an additional 190 shares in the last quarter. Mutual Advisors LLC increased its position in C.H. Robinson Worldwide by 2.0% during the fourth quarter. Mutual Advisors LLC now owns 11,544 shares of the transportation company’s stock worth $1,185,000 after buying an additional 225 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of C.H. Robinson Worldwide by 61.6% in the fourth quarter. SG Americas Securities LLC now owns 30,574 shares of the transportation company’s stock worth $3,159,000 after buying an additional 11,658 shares during the last quarter. Finally, Missouri Trust & Investment Co bought a new stake in shares of C.H. Robinson Worldwide during the 4th quarter worth about $41,000. Institutional investors and hedge funds own 93.15% of the company’s stock.

C.H. Robinson Worldwide Price Performance

C.H. Robinson Worldwide stock opened at $107.00 on Friday. The business has a 50 day simple moving average of $105.92 and a 200 day simple moving average of $103.00. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.49 and a quick ratio of 1.49. The company has a market capitalization of $12.65 billion, a PE ratio of 37.02, a price-to-earnings-growth ratio of 0.87 and a beta of 0.83. C.H. Robinson Worldwide, Inc. has a one year low of $65.00 and a one year high of $114.82.

C.H. Robinson Worldwide (NASDAQ:CHRW) last announced its earnings results on Wednesday, October 30th. The transportation company reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.12 by $0.16. The business had revenue of $4.64 billion during the quarter, compared to analysts’ expectations of $4.53 billion. C.H. Robinson Worldwide had a net margin of 1.96% and a return on equity of 30.38%. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter last year, the company posted $0.84 EPS. On average, sell-side analysts forecast that C.H. Robinson Worldwide, Inc. will post 4.39 EPS for the current fiscal year.

C.H. Robinson Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 6th were issued a dividend of $0.62 per share. The ex-dividend date was Friday, December 6th. This represents a $2.48 dividend on an annualized basis and a yield of 2.32%. C.H. Robinson Worldwide’s dividend payout ratio is 85.81%.

Insider Buying and Selling at C.H. Robinson Worldwide

In related news, insider Michael John Short sold 10,408 shares of the stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $109.87, for a total value of $1,143,526.96. Following the transaction, the insider now directly owns 70,943 shares in the company, valued at $7,794,507.41. This represents a 12.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Michael D. Castagnetto sold 2,032 shares of C.H. Robinson Worldwide stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of $103.81, for a total transaction of $210,941.92. Following the sale, the insider now directly owns 34,469 shares of the company’s stock, valued at $3,578,226.89. This represents a 5.57 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.47% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CHRW. TD Cowen raised their price objective on C.H. Robinson Worldwide from $113.00 to $119.00 and gave the company a “hold” rating in a research note on Friday, December 13th. Wells Fargo & Company raised shares of C.H. Robinson Worldwide from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $118.00 to $130.00 in a research report on Monday, December 9th. The Goldman Sachs Group lifted their price objective on C.H. Robinson Worldwide from $97.00 to $107.00 and gave the stock a “neutral” rating in a research note on Friday, November 1st. Evercore ISI raised their target price on C.H. Robinson Worldwide from $112.00 to $122.00 and gave the company an “outperform” rating in a report on Thursday, October 3rd. Finally, Barclays lifted their price target on C.H. Robinson Worldwide from $95.00 to $100.00 and gave the stock an “underweight” rating in a research report on Friday, January 17th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $114.71.

About C.H. Robinson Worldwide

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.