Russell Investments Group Ltd. Has $16.17 Million Holdings in C.H. Robinson Worldwide Inc (CHRW)

Russell Investments Group Ltd. raised its position in shares of C.H. Robinson Worldwide Inc (NASDAQ:CHRW) by 1.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 165,611 shares of the transportation company’s stock after buying an additional 2,695 shares during the period. Russell Investments Group Ltd. owned about 0.12% of C.H. Robinson Worldwide worth $16,167,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. GW Henssler & Associates Ltd. increased its holdings in shares of C.H. Robinson Worldwide by 0.4% during the second quarter. GW Henssler & Associates Ltd. now owns 163,200 shares of the transportation company’s stock worth $13,653,000 after buying an additional 577 shares in the last quarter. Autus Asset Management LLC increased its holdings in shares of C.H. Robinson Worldwide by 1.2% during the second quarter. Autus Asset Management LLC now owns 51,138 shares of the transportation company’s stock worth $4,279,000 after buying an additional 586 shares in the last quarter. Glen Harbor Capital Management LLC increased its holdings in shares of C.H. Robinson Worldwide by 12.5% during the second quarter. Glen Harbor Capital Management LLC now owns 6,336 shares of the transportation company’s stock worth $530,000 after buying an additional 704 shares in the last quarter. Sit Investment Associates Inc. increased its holdings in shares of C.H. Robinson Worldwide by 77.5% during the second quarter. Sit Investment Associates Inc. now owns 1,775 shares of the transportation company’s stock worth $148,000 after buying an additional 775 shares in the last quarter. Finally, DnB Asset Management AS increased its holdings in shares of C.H. Robinson Worldwide by 5.0% during the second quarter. DnB Asset Management AS now owns 16,851 shares of the transportation company’s stock worth $1,410,000 after buying an additional 800 shares in the last quarter. 86.15% of the stock is owned by institutional investors.

Shares of C.H. Robinson Worldwide stock opened at $89.61 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.85 and a quick ratio of 1.81. The company has a market capitalization of $12.59 billion, a P/E ratio of 20.75, a P/E/G ratio of 2.21 and a beta of 0.52. C.H. Robinson Worldwide Inc has a fifty-two week low of $77.52 and a fifty-two week high of $101.20.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its quarterly earnings results on Tuesday, October 30th. The transportation company reported $1.25 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.08. The business had revenue of $4.29 billion during the quarter, compared to analyst estimates of $4.30 billion. C.H. Robinson Worldwide had a net margin of 3.83% and a return on equity of 41.22%. C.H. Robinson Worldwide’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.85 earnings per share. Equities analysts predict that C.H. Robinson Worldwide Inc will post 4.57 earnings per share for the current fiscal year.

In other C.H. Robinson Worldwide news, CEO John Wiehoff sold 30,000 shares of C.H. Robinson Worldwide stock in a transaction on Friday, August 17th. The shares were sold at an average price of $96.45, for a total transaction of $2,893,500.00. Following the completion of the sale, the chief executive officer now owns 715,727 shares of the company’s stock, valued at approximately $69,031,869.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Angela K. Freeman sold 1,589 shares of C.H. Robinson Worldwide stock in a transaction on Friday, August 24th. The stock was sold at an average price of $96.71, for a total transaction of $153,672.19. Following the sale, the insider now directly owns 24,136 shares of the company’s stock, valued at approximately $2,334,192.56. The disclosure for this sale can be found here. In the last three months, insiders sold 41,779 shares of company stock valued at $4,047,974. 0.97% of the stock is currently owned by company insiders.

Several analysts have recently weighed in on CHRW shares. Bank of America raised their price objective on shares of C.H. Robinson Worldwide from $100.00 to $101.00 and gave the stock a “buy” rating in a report on Wednesday, August 1st. BidaskClub raised shares of C.H. Robinson Worldwide from a “hold” rating to a “buy” rating in a report on Saturday, July 28th. ValuEngine raised shares of C.H. Robinson Worldwide from a “hold” rating to a “buy” rating in a report on Friday, July 20th. Stifel Nicolaus set a $106.00 price objective on shares of C.H. Robinson Worldwide and gave the stock a “buy” rating in a report on Thursday, August 2nd. Finally, Zacks Investment Research raised shares of C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $107.00 price objective for the company in a report on Tuesday, August 7th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $96.31.

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About C.H. Robinson Worldwide

C.H. Robinson Worldwide, Inc, a third party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. The company operates through three segments: North American Surface Transportation, Global Forwarding, and Robinson Fresh. It offers transportation and logistics services, such as truckload; less than truckload transportation which include the shipment of single or multiple pallets of freight; intermodal transportation, which is shipment service of freight in trailers or containers by a combination of truck and rail; and non-vessel ocean common carrier or freight forwarding services, as well as organizes air shipments and provides door-to-door services.

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

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