Toronto Dominion Bank Has $7.20 Million Stake in C.H. Robinson Worldwide Inc (NASDAQ:CHRW)

Toronto Dominion Bank trimmed its position in shares of C.H. Robinson Worldwide Inc (NASDAQ:CHRW) by 9.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 85,323 shares of the transportation company’s stock after selling 8,696 shares during the quarter. Toronto Dominion Bank’s holdings in C.H. Robinson Worldwide were worth $7,195,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. lifted its holdings in C.H. Robinson Worldwide by 3.2% in the 1st quarter. BlackRock Inc. now owns 12,061,557 shares of the transportation company’s stock worth $1,049,234,000 after purchasing an additional 378,132 shares during the last quarter. FMR LLC lifted its holdings in C.H. Robinson Worldwide by 1.4% in the 1st quarter. FMR LLC now owns 8,125,920 shares of the transportation company’s stock worth $706,873,000 after purchasing an additional 111,607 shares during the last quarter. Northern Trust Corp lifted its holdings in C.H. Robinson Worldwide by 2.1% in the 2nd quarter. Northern Trust Corp now owns 2,221,535 shares of the transportation company’s stock worth $187,387,000 after purchasing an additional 46,567 shares during the last quarter. Geode Capital Management LLC lifted its holdings in C.H. Robinson Worldwide by 5.2% in the 4th quarter. Geode Capital Management LLC now owns 2,077,841 shares of the transportation company’s stock worth $174,463,000 after purchasing an additional 102,227 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in C.H. Robinson Worldwide by 3.1% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,084,734 shares of the transportation company’s stock worth $91,498,000 after purchasing an additional 32,716 shares during the last quarter. Institutional investors and hedge funds own 90.80% of the company’s stock.

NASDAQ CHRW traded down $1.75 during trading on Monday, hitting $85.35. The company’s stock had a trading volume of 312,203 shares, compared to its average volume of 1,219,790. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.76. The firm has a 50 day moving average price of $83.79 and a 200 day moving average price of $84.80. The firm has a market cap of $11.70 billion, a P/E ratio of 18.04, a price-to-earnings-growth ratio of 2.02 and a beta of 0.65. C.H. Robinson Worldwide Inc has a 52 week low of $77.72 and a 52 week high of $100.54.



C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its quarterly earnings results on Tuesday, July 30th. The transportation company reported $1.22 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.22. The company had revenue of $3.91 billion for the quarter, compared to the consensus estimate of $4.02 billion. C.H. Robinson Worldwide had a return on equity of 42.88% and a net margin of 4.31%. The company’s revenue for the quarter was down 8.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.13 EPS. On average, equities analysts expect that C.H. Robinson Worldwide Inc will post 4.76 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 6th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.34%. The ex-dividend date is Thursday, September 5th. C.H. Robinson Worldwide’s dividend payout ratio is currently 42.28%.

CHRW has been the subject of several analyst reports. Citigroup lowered C.H. Robinson Worldwide from a “buy” rating to a “neutral” rating and set a $88.00 target price for the company. in a report on Friday, July 26th. BidaskClub lowered C.H. Robinson Worldwide from a “hold” rating to a “sell” rating in a report on Friday, September 6th. Finally, Morgan Stanley set a $65.00 target price on C.H. Robinson Worldwide and gave the stock a “sell” rating in a report on Monday, July 8th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $89.44.

In other C.H. Robinson Worldwide news, insider John Wiehoff sold 8,392 shares of C.H. Robinson Worldwide stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $85.93, for a total value of $721,124.56. Following the transaction, the insider now directly owns 34,499 shares of the company’s stock, valued at approximately $2,964,499.07. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Ben G. Campbell sold 20,425 shares of C.H. Robinson Worldwide stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $84.00, for a total value of $1,715,700.00. Following the completion of the transaction, the insider now directly owns 43,006 shares in the company, valued at $3,612,504. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 45,173 shares of company stock worth $3,825,122. Company insiders own 1.65% of the company’s stock.

C.H. Robinson Worldwide Profile

C.H. Robinson Worldwide, Inc, a third party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. The company operates through North American Surface Transportation and Global Forwarding segments. It offers transportation and logistics services, such as truckload; less than truckload transportation, which include the shipment of single or multiple pallets of freight; intermodal transportation that include the shipment service of freight in trailers or containers by a combination of truck and rail; and non-vessel ocean common carrier or freight forwarding services, as well as organizes air shipments and offers door-to-door services.

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

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