Parnassus Investments CA purchased a new position in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 430,000 shares of the transportation company’s stock, valued at approximately $32,723,000. Parnassus Investments CA owned about 0.31% of C.H. Robinson Worldwide at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. grew 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 buying an additional 270,521 shares during the last quarter. BlackRock Inc. boosted its position in shares of C.H. Robinson Worldwide by 3.6% during the second quarter. BlackRock Inc. now owns 10,889,921 shares of the transportation company’s stock valued at $747,922,000 after purchasing an additional 377,726 shares in the last quarter. Capital International Investors boosted its position in shares of C.H. Robinson Worldwide by 5.7% during the second quarter. Capital International Investors now owns 8,678,462 shares of the transportation company’s stock valued at $596,037,000 after purchasing an additional 469,829 shares in the last quarter. Baillie Gifford & Co. boosted its position in shares of C.H. Robinson Worldwide by 1.3% during the third quarter. Baillie Gifford & Co. now owns 5,184,766 shares of the transportation company’s stock valued at $394,561,000 after purchasing an additional 68,050 shares in the last quarter. Finally, First Eagle Investment Management LLC boosted its position in shares of C.H. Robinson Worldwide by 8,008.8% during the second quarter. First Eagle Investment Management LLC now owns 4,208,490 shares of the transportation company’s stock valued at $289,039,000 after purchasing an additional 4,156,590 shares in the last quarter. Institutional investors and hedge funds own 89.57% of the company’s stock.

In other news, VP Angela K. Freeman sold 1,200 shares of the company’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $68.72, for a total value of $82,464.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.85% of the company’s stock.

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A number of research analysts have issued reports on CHRW shares. Oppenheimer Holdings, Inc. reiterated a “hold” rating on shares of C.H. Robinson Worldwide in a research note on Wednesday, November 1st. Credit Suisse Group lifted their price objective on C.H. Robinson Worldwide from $68.00 to $69.00 and gave the company an “underperform” rating in a research note on Thursday, November 2nd. Cowen and Company lifted their price objective on C.H. Robinson Worldwide from $87.00 to $88.00 and gave the company an “outperform” rating in a research note on Thursday, November 2nd. Barclays PLC lifted their price objective on C.H. Robinson Worldwide from $70.00 to $75.00 and gave the company an “equal weight” rating in a research note on Thursday, November 2nd. Finally, Stifel Nicolaus lifted their price objective on C.H. Robinson Worldwide from $71.00 to $82.00 and gave the company a “hold” rating in a research note on Wednesday, November 1st. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $77.00.

C.H. Robinson Worldwide, Inc. (NASDAQ CHRW) traded up $0.79 during trading hours on Tuesday, reaching $79.87. The company’s stock had a trading volume of 88,841 shares, compared to its average volume of 1,760,000. C.H. Robinson Worldwide, Inc. has a twelve month low of $63.41 and a twelve month high of $81.35. The company has a quick ratio of 1.27, a current ratio of 1.24 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $11,100.00, a price-to-earnings ratio of 23.71, a PEG ratio of 2.75 and a beta of 0.44.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its quarterly earnings data on Tuesday, October 31st. The transportation company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.82 by $0.03. The firm had revenue of $3.78 billion during the quarter, compared to analyst estimates of $3.65 billion. C.H. Robinson Worldwide had a return on equity of 36.06% and a net margin of 3.31%. The business’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.90 earnings per share. equities analysts anticipate that C.H. Robinson Worldwide, Inc. will post 3.3 earnings per share for the current year.

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.

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

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