Cognios Capital LLC Sells 30,203 Shares of C.H. Robinson Worldwide Inc (CHRW)

Cognios Capital LLC reduced its stake in shares of C.H. Robinson Worldwide Inc (NASDAQ:CHRW) by 80.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,394 shares of the transportation company’s stock after selling 30,203 shares during the quarter. Cognios Capital LLC’s holdings in C.H. Robinson Worldwide were worth $658,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. California Public Employees Retirement System grew its stake in shares of C.H. Robinson Worldwide by 31.2% in the fourth quarter. California Public Employees Retirement System now owns 502,234 shares of the transportation company’s stock worth $44,744,000 after purchasing an additional 119,340 shares in the last quarter. BP PLC bought a new position in shares of C.H. Robinson Worldwide in the fourth quarter worth $1,426,000. Teacher Retirement System of Texas grew its stake in shares of C.H. Robinson Worldwide by 87.7% in the fourth quarter. Teacher Retirement System of Texas now owns 93,983 shares of the transportation company’s stock worth $8,373,000 after purchasing an additional 43,908 shares in the last quarter. Novare Capital Management LLC bought a new position in shares of C.H. Robinson Worldwide in the fourth quarter worth $226,000. Finally, Columbus Macro LLC bought a new position in shares of C.H. Robinson Worldwide in the fourth quarter worth $620,000. 94.10% of the stock is owned by institutional investors.

In related news, VP Angela K. Freeman sold 1,300 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $80.64, for a total transaction of $104,832.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Ben G. Campbell sold 4,865 shares of the firm’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $85.00, for a total value of $413,525.00. Following the transaction, the vice president now directly owns 29,837 shares of the company’s stock, valued at approximately $2,536,145. The disclosure for this sale can be found here. Company insiders own 0.85% of the company’s stock.

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

C.H. Robinson Worldwide Inc (NASDAQ:CHRW) opened at $89.35 on Friday. C.H. Robinson Worldwide Inc has a 52 week low of $63.41 and a 52 week high of $100.18. The firm has a market capitalization of $12,639.10, a PE ratio of 26.00, a P/E/G ratio of 2.34 and a beta of 0.46. The company has a current ratio of 1.26, a quick ratio of 1.24 and a debt-to-equity ratio of 0.53.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 2nd will be paid a dividend of $0.46 per share. The ex-dividend date is Thursday, March 1st. This represents a $1.84 annualized dividend and a yield of 2.06%. C.H. Robinson Worldwide’s dividend payout ratio is currently 51.54%.

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C.H. Robinson Worldwide 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.

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

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