Rhumbline Advisers Has $24.17 Million Holdings in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Rhumbline Advisers increased its holdings in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 0.8% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 317,575 shares of the transportation company’s stock after purchasing an additional 2,519 shares during the period. Rhumbline Advisers owned 0.23% of C.H. Robinson Worldwide worth $24,167,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Nicolet Bankshares Inc. bought a new stake in shares of C.H. Robinson Worldwide during the third quarter worth approximately $202,000. Integrated Investment Consultants LLC boosted its holdings in shares of C.H. Robinson Worldwide by 39.0% during the third quarter. Integrated Investment Consultants LLC now owns 2,675 shares of the transportation company’s stock worth $204,000 after acquiring an additional 750 shares during the period. Fox Run Management L.L.C. bought a new stake in shares of C.H. Robinson Worldwide during the third quarter worth approximately $205,000. MML Investors Services LLC boosted its holdings in shares of C.H. Robinson Worldwide by 10.2% during the second quarter. MML Investors Services LLC now owns 3,025 shares of the transportation company’s stock worth $208,000 after acquiring an additional 280 shares during the period. Finally, Sawtooth Solutions LLC boosted its holdings in shares of C.H. Robinson Worldwide by 2.5% during the second quarter. Sawtooth Solutions LLC now owns 3,031 shares of the transportation company’s stock worth $208,000 after acquiring an additional 73 shares during the period. Institutional investors and hedge funds own 94.68% of the company’s stock.

Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) traded up $0.22 on Monday, reaching $86.76. 2,544,671 shares of the company’s stock were exchanged, compared to its average volume of 1,529,550. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $12,064.13, a PE ratio of 25.83, a P/E/G ratio of 2.97 and a beta of 0.48. C.H. Robinson Worldwide, Inc. has a twelve month low of $63.41 and a twelve month high of $89.11.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its quarterly earnings data on Tuesday, October 31st. The transportation company reported $0.85 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.03. The company had revenue of $3.78 billion for the quarter, compared to analysts’ expectations of $3.65 billion. C.H. Robinson Worldwide had a net margin of 3.31% and a return on equity of 36.06%. The business’s revenue was up 12.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.90 EPS. research analysts forecast that C.H. Robinson Worldwide, Inc. will post 3.33 EPS for the current fiscal year.

CHRW has been the subject of several recent research reports. Stifel Nicolaus boosted their price target on C.H. Robinson Worldwide from $71.00 to $82.00 and gave the company a “hold” rating in a research note on Wednesday, November 1st. Barclays boosted their price target on C.H. Robinson Worldwide from $70.00 to $75.00 and gave the company an “equal weight” rating in a research note on Thursday, November 2nd. UBS upgraded C.H. Robinson Worldwide from a “sell” rating to a “neutral” rating and boosted their price target for the company from $65.00 to $75.00 in a research note on Tuesday, September 5th. Cowen reiterated a “hold” rating and issued a $68.00 price target on shares of C.H. Robinson Worldwide in a research note on Friday, August 25th. Finally, KeyCorp restated 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 investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $77.35.

In other C.H. Robinson Worldwide news, insider Jordan T. Kass sold 1,738 shares of the stock in a transaction dated Monday, November 6th. The shares were 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 in the company, valued at approximately $1,917,405. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, VP Angela K. Freeman sold 1,300 shares of the stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $80.64, for a total transaction of $104,832.00. The disclosure for this sale can be found here. Insiders have sold a total of 22,903 shares of company stock worth $1,854,925 in the last three months. Insiders own 0.85% of the company’s stock.

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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.

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

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