Cadinha & Co. LLC Has $467,000 Position in C.H. Robinson Worldwide, Inc. (CHRW)

Cadinha & Co. LLC maintained its stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,800 shares of the transportation company’s stock at the end of the second quarter. Cadinha & Co. LLC’s holdings in C.H. Robinson Worldwide were worth $467,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the stock. BlackRock Inc. raised its stake in C.H. Robinson Worldwide by 3,092.5% in the first quarter. BlackRock Inc. now owns 10,512,195 shares of the transportation company’s stock worth $812,488,000 after buying an additional 10,182,922 shares during the last quarter. Vanguard Group Inc. raised its stake in C.H. Robinson Worldwide by 3.9% in the first quarter. Vanguard Group Inc. now owns 15,129,330 shares of the transportation company’s stock worth $1,169,345,000 after buying an additional 570,800 shares during the last quarter. FMR LLC raised its stake in C.H. Robinson Worldwide by 10.2% in the first quarter. FMR LLC now owns 5,091,485 shares of the transportation company’s stock worth $393,521,000 after buying an additional 472,798 shares during the last quarter. AXA raised its stake in C.H. Robinson Worldwide by 215.9% in the first quarter. AXA now owns 631,100 shares of the transportation company’s stock worth $48,778,000 after buying an additional 431,300 shares during the last quarter. Finally, PGGM Investments raised its stake in C.H. Robinson Worldwide by 268.7% in the second quarter. PGGM Investments now owns 421,177 shares of the transportation company’s stock worth $28,926,000 after buying an additional 306,937 shares during the last quarter. 87.34% of the stock is currently owned by institutional investors and hedge funds.

C.H. Robinson Worldwide, Inc. (CHRW) opened at 66.13 on Thursday. The firm has a market capitalization of $9.33 billion, a price-to-earnings ratio of 19.39 and a beta of 0.44. The stock has a 50 day moving average price of $67.22 and a 200 day moving average price of $72.55. C.H. Robinson Worldwide, Inc. has a 1-year low of $63.41 and a 1-year high of $81.16.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its earnings results on Wednesday, July 19th. The transportation company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by $0.12. C.H. Robinson Worldwide had a net margin of 3.49% and a return on equity of 37.41%. The firm had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.63 billion. During the same quarter last year, the firm earned $1.00 EPS. The business’s revenue for the quarter was up 12.4% compared to the same quarter last year. Analysts predict that C.H. Robinson Worldwide, Inc. will post $3.31 EPS for the current year.

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CHRW has been the topic of a number of analyst reports. Vertical Research raised C.H. Robinson Worldwide from a “sell” rating to a “hold” rating and set a $76.00 price objective on the stock in a research note on Friday, May 5th. Deutsche Bank AG decreased their price target on C.H. Robinson Worldwide from $80.00 to $75.00 and set a “hold” rating on the stock in a research note on Friday, April 28th. Credit Suisse Group reissued a “sell” rating and issued a $75.00 price target on shares of C.H. Robinson Worldwide in a research note on Thursday, April 27th. Bank of America Corporation decreased their price target on C.H. Robinson Worldwide from $70.00 to $60.00 and set an “underperform” rating on the stock in a research note on Thursday, July 20th. Finally, Barclays PLC reissued a “hold” rating and issued a $73.00 price target on shares of C.H. Robinson Worldwide in a research note on Thursday, April 27th. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $70.10.

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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