Russell Investments Group Ltd. boosted its stake in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 1.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 342,600 shares of the transportation company’s stock after buying an additional 3,472 shares during the period. Russell Investments Group Ltd. owned 0.24% of C.H. Robinson Worldwide worth $23,532,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans increased its position in C.H. Robinson Worldwide by 4.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 4,910 shares of the transportation company’s stock valued at $360,000 after buying an additional 220 shares during the period. Teachers Advisors LLC increased its position in C.H. Robinson Worldwide by 0.4% in the fourth quarter. Teachers Advisors LLC now owns 160,213 shares of the transportation company’s stock valued at $11,737,000 after buying an additional 668 shares during the period. Kentucky Retirement Systems purchased a new position in C.H. Robinson Worldwide during the fourth quarter valued at $753,000. Kentucky Retirement Systems Insurance Trust Fund purchased a new position in C.H. Robinson Worldwide during the fourth quarter valued at $336,000. Finally, Macquarie Group Ltd. increased its position in C.H. Robinson Worldwide by 14.9% in the fourth quarter. Macquarie Group Ltd. now owns 10,000 shares of the transportation company’s stock valued at $733,000 after buying an additional 1,300 shares during the period. Institutional investors and hedge funds own 87.31% of the company’s stock.

C.H. Robinson Worldwide, Inc. (CHRW) traded up 2.31% during midday trading on Friday, hitting $67.22. The company had a trading volume of 2,295,510 shares. The stock has a market cap of $9.48 billion, a PE ratio of 19.71 and a beta of 0.44. C.H. Robinson Worldwide, Inc. has a 52-week low of $63.41 and a 52-week high of $81.16. The stock’s 50-day moving average price is $67.70 and its 200-day moving average price is $72.85.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its quarterly earnings data on Wednesday, July 19th. The transportation company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by $0.12. The firm had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.63 billion. C.H. Robinson Worldwide had a return on equity of 37.41% and a net margin of 3.49%. The company’s quarterly revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.00 earnings per share. On average, equities research analysts expect that C.H. Robinson Worldwide, Inc. will post $3.31 EPS for the current fiscal year.

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CHRW has been the topic of several research reports. Vertical Research initiated coverage on C.H. Robinson Worldwide in a research report on Thursday, April 13th. They issued a “sell” rating and a $71.00 target price on the stock. Credit Suisse Group restated a “sell” rating and issued a $75.00 target price on shares of C.H. Robinson Worldwide in a research report on Thursday, April 27th. Barclays PLC restated a “hold” rating and issued a $73.00 target price on shares of C.H. Robinson Worldwide in a research report on Thursday, April 27th. Deutsche Bank AG decreased their target price on C.H. Robinson Worldwide from $80.00 to $75.00 and set a “hold” rating on the stock in a research report on Friday, April 28th. Finally, Zacks Investment Research downgraded C.H. Robinson Worldwide from a “hold” rating to a “sell” rating in a research report on Tuesday, June 27th. Five investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $70.10.

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.

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

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