Andra AP fonden raised its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 3.1% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 127,300 shares of the transportation company’s stock after buying an additional 3,844 shares during the period. Andra AP fonden owned about 0.09% of C.H. Robinson Worldwide worth $9,688,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of C.H. Robinson Worldwide by 1.8% in the 2nd quarter. Vanguard Group Inc. now owns 15,399,851 shares of the transportation company’s stock worth $1,057,661,000 after purchasing an additional 270,521 shares during the last quarter. BlackRock Inc. boosted its position in shares of C.H. Robinson Worldwide by 3.6% in the 2nd quarter. BlackRock Inc. now owns 10,889,921 shares of the transportation company’s stock worth $747,922,000 after purchasing an additional 377,726 shares during the last quarter. Capital International Investors boosted its position in shares of C.H. Robinson Worldwide by 5.7% in the 2nd quarter. Capital International Investors now owns 8,678,462 shares of the transportation company’s stock worth $596,037,000 after purchasing an additional 469,829 shares during the last quarter. Baillie Gifford & Co. boosted its position in shares of C.H. Robinson Worldwide by 1.3% in the 3rd quarter. Baillie Gifford & Co. now owns 5,184,766 shares of the transportation company’s stock worth $394,561,000 after purchasing an additional 68,050 shares during the last quarter. Finally, First Eagle Investment Management LLC boosted its position in shares of C.H. Robinson Worldwide by 8,008.8% in the 2nd quarter. First Eagle Investment Management LLC now owns 4,208,490 shares of the transportation company’s stock worth $289,039,000 after purchasing an additional 4,156,590 shares during the last quarter. Hedge funds and other institutional investors own 89.17% of the company’s stock.

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Several research analysts have recently issued reports on the company. Oppenheimer Holdings, Inc. restated a “hold” rating on shares of C.H. Robinson Worldwide in a research report on Wednesday. Bank of America Corporation upgraded C.H. Robinson Worldwide from an “underperform” rating to a “buy” rating and raised their price target for the stock from $70.00 to $86.00 in a research report on Tuesday, October 10th. Stifel Nicolaus raised their price target on C.H. Robinson Worldwide from $71.00 to $82.00 and gave the stock a “hold” rating in a research report on Wednesday. KeyCorp reiterated a “buy” rating and set a $78.00 target price on shares of C.H. Robinson Worldwide in a report on Tuesday, September 26th. Finally, Credit Suisse Group reiterated a “sell” rating and set a $68.00 target price (up from $63.00) on shares of C.H. Robinson Worldwide in a report on Thursday, October 12th. They noted that the move was a valuation call. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $77.00.

In other C.H. Robinson Worldwide news, VP Angela K. Freeman sold 1,200 shares of the stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $68.72, for a total value of $82,464.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.85% of the company’s stock.

C.H. Robinson Worldwide, Inc. (NASDAQ CHRW) traded up $0.11 on Friday, hitting $79.44. The company’s stock had a trading volume of 2,327,213 shares, compared to its average volume of 1,680,000. The firm has a market cap of $11.15 billion, a P/E ratio of 23.75, a price-to-earnings-growth ratio of 2.76 and a beta of 0.44. C.H. Robinson Worldwide, Inc. has a 1 year low of $63.41 and a 1 year high of $81.35. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.24 and a quick ratio of 1.27.

C.H. Robinson Worldwide (NASDAQ:CHRW) last announced its quarterly earnings results on Tuesday, October 31st. The transportation company reported $0.85 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.82 by $0.03. The company had revenue of $3.78 billion for the quarter, compared to analyst estimates of $3.65 billion. C.H. Robinson Worldwide had a net margin of 3.31% and a return on equity of 36.06%. The firm’s revenue was up 12.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.90 earnings per share. research analysts expect that C.H. Robinson Worldwide, Inc. will post 3.3 EPS for the current year.

C.H. Robinson Worldwide Company 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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