Koshinski Asset Management Inc. Buys Shares of 10,812 C.H. Robinson Worldwide Inc (CHRW)

Koshinski Asset Management Inc. purchased a new position in C.H. Robinson Worldwide Inc (NASDAQ:CHRW) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 10,812 shares of the transportation company’s stock, valued at approximately $963,000.

Several other institutional investors and hedge funds have also made changes to their positions in CHRW. Franklin Resources Inc. purchased a new stake in shares of C.H. Robinson Worldwide in the 2nd quarter worth approximately $548,000. Wells Fargo & Company MN lifted its position in C.H. Robinson Worldwide by 3.5% during the second quarter. Wells Fargo & Company MN now owns 520,283 shares of the transportation company’s stock valued at $35,734,000 after acquiring an additional 17,534 shares during the last quarter. Riverhead Capital Management LLC lifted its position in C.H. Robinson Worldwide by 1.7% during the second quarter. Riverhead Capital Management LLC now owns 7,612 shares of the transportation company’s stock valued at $523,000 after acquiring an additional 126 shares during the last quarter. Raymond James Trust N.A. lifted its position in C.H. Robinson Worldwide by 2.3% during the second quarter. Raymond James Trust N.A. now owns 3,937 shares of the transportation company’s stock valued at $270,000 after acquiring an additional 88 shares during the last quarter. Finally, Teachers Advisors LLC lifted its position in C.H. Robinson Worldwide by 4.6% during the second quarter. Teachers Advisors LLC now owns 175,430 shares of the transportation company’s stock valued at $12,049,000 after acquiring an additional 7,731 shares during the last quarter. 94.35% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts recently commented on the stock. BidaskClub cut shares of C.H. Robinson Worldwide from a “strong-buy” rating to a “buy” rating in a research report on Thursday. Credit Suisse Group raised shares of C.H. Robinson Worldwide to a “hold” rating and set a $85.00 target price for the company in a research report on Wednesday. Zacks Investment Research cut shares of C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a research report on Monday, January 8th. Robert W. Baird reissued a “hold” rating and set a $90.00 target price on shares of C.H. Robinson Worldwide in a research report on Tuesday, January 9th. Finally, Barclays increased their target price on shares of C.H. Robinson Worldwide from $67.00 to $70.00 and gave the company an “equal weight” rating in a research report on Monday, October 2nd. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $79.12.

In other news, VP Ben G. Campbell sold 4,865 shares of the stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $85.00, for a total value of $413,525.00. Following the sale, the vice president now owns 29,837 shares in the company, valued at $2,536,145. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP James Lemke sold 15,000 shares of the stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $79.98, for a total transaction of $1,199,700.00. The disclosure for this sale can be found here. Insiders sold 22,903 shares of company stock worth $1,854,925 in the last quarter. Company insiders own 0.85% of the company’s stock.

C.H. Robinson Worldwide Inc (CHRW) opened at $92.98 on Thursday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.24 and a current ratio of 1.24. C.H. Robinson Worldwide Inc has a 52 week low of $63.41 and a 52 week high of $94.96. The stock has a market cap of $12,988.36, a P/E ratio of 27.76, a price-to-earnings-growth ratio of 2.64 and a beta of 0.48.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its quarterly earnings results on Tuesday, October 31st. The transportation company reported $0.85 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.82 by $0.03. C.H. Robinson Worldwide had a net margin of 3.31% and a return on equity of 36.06%. The business had revenue of $3.78 billion for the quarter, compared to analyst estimates of $3.65 billion. During the same quarter in the prior year, the business posted $0.90 EPS. C.H. Robinson Worldwide’s revenue for the quarter was up 12.8% compared to the same quarter last year. equities research analysts expect that C.H. Robinson Worldwide Inc will post 3.34 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Monday, December 18th were paid a $0.46 dividend. The ex-dividend date of this dividend was Friday, December 15th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.98%. This is a positive change from C.H. Robinson Worldwide’s previous quarterly dividend of $0.45. C.H. Robinson Worldwide’s dividend payout ratio is presently 54.93%.

COPYRIGHT VIOLATION NOTICE: “Koshinski Asset Management Inc. Buys Shares of 10,812 C.H. Robinson Worldwide Inc (CHRW)” was originally reported by Ticker Report and is the property of of Ticker Report. If you are accessing this piece on another website, it was illegally copied and republished in violation of international copyright & trademark laws. The original version of this piece can be accessed at https://www.tickerreport.com/banking-finance/3143826/koshinski-asset-management-inc-buys-shares-of-10812-c-h-robinson-worldwide-inc-chrw.html.

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.

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).

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

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

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2018 Ticker Report. Google+.