Today: The GW Henssler & Associates Ltd. invests in 1,579 by purchasing C.H. Robinson Worldwide Inc. (CHRW) shares

The GW Henssler & Associates Ltd. invests in 1,579 by purchasing C.H. Robinson Worldwide Inc. (CHRW) shares

GW Henssler & Associates Ltd. increased its position in shares of C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) by 1.0% during the second quarter, Holdings Channel reports. The fund owned 154,140 shares of the company’s stock after buying an additional 1,579 shares during the period. C.H. Robinson Worldwide comprises about 1.3% of GW Henssler & Associates Ltd.’s holdings, making the stock its 27th largest position. GW Henssler & Associates Ltd.’s holdings in C.H. Robinson Worldwide were worth $11,445,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Integrated Investment Consultants LLC raised its stake in shares of C.H. Robinson Worldwide by 176.2% in the second quarter. Integrated Investment Consultants LLC now owns 1,450 shares of the company’s stock worth $108,000 after buying an additional 925 shares during the last quarter. JLB & Associates Inc. bought a new stake in shares of C.H. Robinson Worldwide during the second quarter worth $215,000. Cleararc Capital Inc. raised its stake in shares of C.H. Robinson Worldwide by 0.3% in the first quarter. Cleararc Capital Inc. now owns 3,512 shares of the company’s stock worth $261,000 after buying an additional 9 shares during the last quarter. Prudential PLC bought a new stake in shares of C.H. Robinson Worldwide during the first quarter worth $289,000. Finally, NEXT Financial Group Inc raised its stake in shares of C.H. Robinson Worldwide by 48.5% in the second quarter. NEXT Financial Group Inc now owns 4,131 shares of the company’s stock worth $306,000 after buying an additional 1,350 shares during the last quarter. 82.44% of the stock is currently owned by hedge funds and other institutional investors.

Shares of C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) traded down 0.07% during mid-day trading on Friday, hitting $70.26. 1,348,561 shares of the stock were exchanged. C.H. Robinson Worldwide Inc. has a 52-week low of $59.71 and a 52-week high of $76.10. The company has a market cap of $10.03 billion, a P/E ratio of 19.14 and a beta of 0.28. The stock’s 50-day moving average price is $69.54 and its 200-day moving average price is $71.62.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its earnings results on Tuesday, July 26th. The company reported $1.00 EPS for the quarter, hitting analysts’ consensus estimates of $1.00. The company earned $3.30 billion during the quarter, compared to analysts’ expectations of $3.42 billion. C.H. Robinson Worldwide had a net margin of 4.06% and a return on equity of 44.60%. C.H. Robinson Worldwide’s revenue for the quarter was down 6.9% on a year-over-year basis. During the same period last year, the business earned $0.94 EPS. Equities research analysts anticipate that C.H. Robinson Worldwide Inc. will post $3.69 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 30th. Investors of record on Friday, September 2nd were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date was Wednesday, August 31st. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 46.87%.

Several equities research analysts recently commented on the stock. JPMorgan Chase & Co. assumed coverage on shares of C.H. Robinson Worldwide in a research note on Monday, July 11th. They set an “underweight” rating and a $66.00 price objective on the stock. Zacks Investment Research lowered shares of C.H. Robinson Worldwide from a “hold” rating to a “sell” rating in a research note on Tuesday, June 28th. Barclays PLC dropped their price objective on shares of C.H. Robinson Worldwide from $81.00 to $78.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 27th. Raymond James Financial Inc. reissued a “market perform” rating on shares of C.H. Robinson Worldwide in a research note on Monday, July 18th. Finally, Citigroup Inc. lowered shares of C.H. Robinson Worldwide to a “market perform” rating in a research note on Monday, July 18th. They noted that the move was a valuation call. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $75.08.

About C.H. Robinson Worldwide

C.H. Robinson Worldwide, Inc (C.H. Robinson) is a third-party logistics company. The Company provides freight transportation services and logistics solutions to companies of all sizes, in a variety of industries. C.H. Robinson has handled approximately 16.9 million shipments, and worked with over 110,000 active customers.

Related posts

Leave a Comment