Yousif Capital Management LLC Sells 4,882 Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Yousif Capital Management LLC lowered its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 4.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 97,308 shares of the transportation company’s stock after selling 4,882 shares during the period. Yousif Capital Management LLC owned about 0.08% of C.H. Robinson Worldwide worth $10,054,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CHRW. QRG Capital Management Inc. grew its stake in shares of C.H. Robinson Worldwide by 0.9% during the 3rd quarter. QRG Capital Management Inc. now owns 11,148 shares of the transportation company’s stock valued at $1,230,000 after purchasing an additional 98 shares during the period. Cascade Investment Advisors Inc. boosted its holdings in shares of C.H. Robinson Worldwide by 0.7% in the fourth quarter. Cascade Investment Advisors Inc. now owns 15,987 shares of the transportation company’s stock worth $1,652,000 after buying an additional 105 shares during the last quarter. Venturi Wealth Management LLC grew its position in C.H. Robinson Worldwide by 83.5% during the third quarter. Venturi Wealth Management LLC now owns 244 shares of the transportation company’s stock valued at $27,000 after buying an additional 111 shares during the period. Tokio Marine Asset Management Co. Ltd. increased its holdings in C.H. Robinson Worldwide by 3.5% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,873 shares of the transportation company’s stock valued at $400,000 after buying an additional 131 shares during the last quarter. Finally, SkyView Investment Advisors LLC raised its position in C.H. Robinson Worldwide by 2.3% in the third quarter. SkyView Investment Advisors LLC now owns 6,498 shares of the transportation company’s stock worth $717,000 after acquiring an additional 144 shares during the period. Hedge funds and other institutional investors own 93.15% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CHRW. Wells Fargo & Company raised shares of C.H. Robinson Worldwide from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $118.00 to $130.00 in a research report on Monday, December 9th. JPMorgan Chase & Co. reduced their price target on C.H. Robinson Worldwide from $133.00 to $131.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Raymond James decreased their price objective on C.H. Robinson Worldwide from $123.00 to $118.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. Barclays boosted their price objective on C.H. Robinson Worldwide from $95.00 to $100.00 and gave the company an “underweight” rating in a research note on Friday, January 17th. Finally, Benchmark restated a “buy” rating and set a $125.00 target price on shares of C.H. Robinson Worldwide in a research note on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $117.17.

Insiders Place Their Bets

In related news, insider Michael John Short sold 10,408 shares of the firm’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $109.87, for a total value of $1,143,526.96. Following the completion of the sale, the insider now directly owns 70,943 shares in the company, valued at $7,794,507.41. This trade represents a 12.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael D. Castagnetto sold 2,032 shares of the business’s stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $103.81, for a total transaction of $210,941.92. Following the transaction, the insider now owns 34,469 shares in the company, valued at $3,578,226.89. This trade represents a 5.57 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.18% of the company’s stock.

C.H. Robinson Worldwide Price Performance

Shares of C.H. Robinson Worldwide stock opened at $97.25 on Thursday. The company has a current ratio of 1.28, a quick ratio of 1.49 and a debt-to-equity ratio of 0.54. C.H. Robinson Worldwide, Inc. has a 12 month low of $65.00 and a 12 month high of $114.82. The stock has a 50 day moving average of $105.02 and a 200 day moving average of $104.12. The firm has a market cap of $11.50 billion, a PE ratio of 25.26, a PEG ratio of 1.15 and a beta of 0.82.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its earnings results on Wednesday, January 29th. The transportation company reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.11. C.H. Robinson Worldwide had a net margin of 2.63% and a return on equity of 34.53%. On average, research analysts expect that C.H. Robinson Worldwide, Inc. will post 4.81 EPS for the current fiscal year.

C.H. Robinson Worldwide 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.