TD Asset Management Inc. cut its position in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 2.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 617,198 shares of the transportation company’s stock after selling 12,606 shares during the quarter. TD Asset Management Inc. owned approximately 0.44% of C.H. Robinson Worldwide worth $46,969,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Nicolet Bankshares Inc. bought a new position in shares of C.H. Robinson Worldwide during the 3rd quarter valued at about $202,000. Integrated Investment Consultants LLC increased its position in shares of C.H. Robinson Worldwide by 39.0% during the 3rd quarter. Integrated Investment Consultants LLC now owns 2,675 shares of the transportation company’s stock valued at $204,000 after purchasing an additional 750 shares during the last quarter. Fox Run Management L.L.C. bought a new position in shares of C.H. Robinson Worldwide during the 3rd quarter valued at about $205,000. Conning Inc. bought a new position in shares of C.H. Robinson Worldwide during the 3rd quarter valued at about $213,000. Finally, MML Investors Services LLC increased its position in shares of C.H. Robinson Worldwide by 10.2% during the 2nd quarter. MML Investors Services LLC now owns 3,025 shares of the transportation company’s stock valued at $208,000 after purchasing an additional 280 shares during the last quarter. Hedge funds and other institutional investors own 92.93% of the company’s stock.

In other C.H. Robinson Worldwide news, SVP James Lemke sold 15,000 shares of the stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $79.98, for a total value of $1,199,700.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jordan T. Kass sold 1,738 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $78.75, for a total value of $136,867.50. Following the completion of the sale, the insider now owns 24,348 shares of the company’s stock, valued at approximately $1,917,405. The disclosure for this sale can be found here. 0.85% of the stock is owned by company insiders.

C.H. Robinson Worldwide, Inc. (CHRW) opened at $79.67 on Monday. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.55. C.H. Robinson Worldwide, Inc. has a 1 year low of $63.41 and a 1 year high of $81.35. The stock has a market capitalization of $11,110.00, a P/E ratio of 23.78, a P/E/G ratio of 2.73 and a beta of 0.44.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings results on Tuesday, October 31st. The transportation company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.03. C.H. Robinson Worldwide had a return on equity of 36.06% and a net margin of 3.31%. The business had revenue of $3.78 billion for the quarter, compared to analyst estimates of $3.65 billion. During the same period last year, the company earned $0.90 EPS. C.H. Robinson Worldwide’s revenue for the quarter was up 12.8% compared to the same quarter last year. analysts predict that C.H. Robinson Worldwide, Inc. will post 3.33 earnings per share for the current year.

Several equities analysts have recently commented on the company. Stifel Nicolaus increased their price objective on C.H. Robinson Worldwide from $71.00 to $82.00 and gave the company a “hold” rating in a research report on Wednesday, November 1st. Barclays PLC increased 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 report on Thursday, November 2nd. Cowen Inc reiterated a “hold” rating and set a $68.00 price objective on shares of C.H. Robinson Worldwide in a research report on Friday, August 25th. UBS AG upgraded C.H. Robinson Worldwide from a “sell” rating to a “neutral” rating and increased their price objective for the company from $65.00 to $75.00 in a research report on Tuesday, September 5th. Finally, KeyCorp reiterated a “buy” rating and set a $78.00 price objective on shares of C.H. Robinson Worldwide in a research report on Tuesday, September 26th. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $77.35.

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About C.H. Robinson Worldwide

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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