Cambridge Advisors Inc. Has $719,000 Stake in C.H. Robinson Worldwide, Inc. (CHRW)

Cambridge Advisors Inc. maintained its position in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,305 shares of the transportation company’s stock at the end of the first quarter. Cambridge Advisors Inc.’s holdings in C.H. Robinson Worldwide were worth $719,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CHRW. DnB Asset Management AS boosted its position in shares of C.H. Robinson Worldwide by 19.1% in the first quarter. DnB Asset Management AS now owns 19,951 shares of the transportation company’s stock worth $1,542,000 after buying an additional 3,200 shares during the last quarter. Donald L. Hagan LLC boosted its position in shares of C.H. Robinson Worldwide by 7.7% in the first quarter. Donald L. Hagan LLC now owns 17,755 shares of the transportation company’s stock worth $1,372,000 after buying an additional 1,264 shares during the last quarter. CWM LLC boosted its position in shares of C.H. Robinson Worldwide by 14.7% in the first quarter. CWM LLC now owns 417,491 shares of the transportation company’s stock worth $32,268,000 after buying an additional 53,651 shares during the last quarter. Norway Savings Bank boosted its position in shares of C.H. Robinson Worldwide by 16.0% in the first quarter. Norway Savings Bank now owns 3,835 shares of the transportation company’s stock worth $296,000 after buying an additional 530 shares during the last quarter. Finally, Marathon Asset Management LLP boosted its position in shares of C.H. Robinson Worldwide by 9.1% in the first quarter. Marathon Asset Management LLP now owns 510,001 shares of the transportation company’s stock worth $39,418,000 after buying an additional 42,514 shares during the last quarter. 85.16% of the stock is owned by hedge funds and other institutional investors.

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

Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) traded up 0.04% during trading on Friday, reaching $76.48. The company’s stock had a trading volume of 1,099,063 shares. The company’s 50 day moving average price is $77.48 and its 200 day moving average price is $74.69. C.H. Robinson Worldwide, Inc. has a 12 month low of $65.57 and a 12 month high of $81.16. The firm has a market cap of $10.80 billion, a PE ratio of 21.30 and a beta of 0.39.

C.H. Robinson Worldwide (NASDAQ:CHRW) last announced its quarterly earnings results on Tuesday, January 31st. The transportation company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.02. The business had revenue of $3.40 billion for the quarter, compared to analyst estimates of $3.32 billion. C.H. Robinson Worldwide had a return on equity of 41.22% and a net margin of 3.91%. The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.88 earnings per share. On average, equities analysts predict that C.H. Robinson Worldwide, Inc. will post $3.66 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 31st. Shareholders of record on Friday, March 3rd were issued a $0.45 dividend. The ex-dividend date was Wednesday, March 1st. This represents a $1.80 annualized dividend and a yield of 2.35%. C.H. Robinson Worldwide’s payout ratio is currently 50.14%.

ILLEGAL ACTIVITY NOTICE: “Cambridge Advisors Inc. Has $719,000 Stake in C.H. Robinson Worldwide, Inc. (CHRW)” was originally published by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece of content on another domain, it was illegally copied and republished in violation of United States & international trademark and copyright law. The correct version of this piece of content can be read at https://www.tickerreport.com/banking-finance/2485657/cambridge-advisors-inc-has-719000-stake-in-c-h-robinson-worldwide-inc-chrw.html.

A number of research analysts have issued reports on the company. Vertical Research assumed coverage on C.H. Robinson Worldwide in a report on Thursday, April 13th. They set a “sell” rating and a $71.00 price objective for the company. Zacks Investment Research cut C.H. Robinson Worldwide from a “hold” rating to a “sell” rating in a report on Tuesday, April 4th. Stifel Nicolaus lifted their price objective on C.H. Robinson Worldwide from $78.00 to $83.00 and gave the company a “hold” rating in a report on Friday, February 24th. Cowen and Company lifted their price objective on C.H. Robinson Worldwide from $67.00 to $73.00 and gave the company a “market perform” rating in a report on Thursday, February 2nd. Finally, Barclays PLC reissued a “hold” rating and set a $76.00 price objective on shares of C.H. Robinson Worldwide in a report on Tuesday, January 10th. Five analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $75.10.

In other news, CEO John Wiehoff sold 24,306 shares of the firm’s stock in a transaction that occurred on Monday, February 6th. The stock was sold at an average price of $75.33, for a total value of $1,830,970.98. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Chris Obrien sold 2,650 shares of the firm’s stock in a transaction that occurred on Wednesday, February 8th. The shares were sold at an average price of $75.64, for a total value of $200,446.00. The disclosure for this sale can be found here. 0.69% of the stock is currently owned by corporate insiders.

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.

5 Day Chart for NASDAQ:CHRW

Want to see what other hedge funds are holding CHRW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW).

Receive News & Ratings for C.H. Robinson Worldwide Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for C.H. Robinson Worldwide Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Shares at Radius Jump as Bone Drug of Amgen Has Setback
Shares at Radius Jump as Bone Drug of Amgen Has Setback
Blackberry Returns as Stock Surges Following WannaCry
Blackberry Returns as Stock Surges Following WannaCry
Flight Attendants Accuse Frontier Airlines of Not Allowing Breast Feeding
Flight Attendants Accuse Frontier Airlines of Not Allowing Breast Feeding
General Motors’ Maven Launches in New York City
General Motors’ Maven Launches in New York City
Hyundai and Kia Recall Ordered by South Korea Officials
Hyundai and Kia Recall Ordered by South Korea Officials
Spirit Airlines Cancellations Cause Chaos in Airport
Spirit Airlines Cancellations Cause Chaos in Airport


© 2006-2017 Ticker Report. Google+.