Rothschild Asset Management Inc. boosted its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 15.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,762 shares of the transportation company’s stock after buying an additional 1,594 shares during the period. Rothschild Asset Management Inc.’s holdings in C.H. Robinson Worldwide were worth $808,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Dynamic Advisors Solutions LLC increased its position in shares of C.H. Robinson Worldwide by 0.4% in the second quarter. Dynamic Advisors Solutions LLC now owns 8,222 shares of the transportation company’s stock worth $565,000 after buying an additional 35 shares during the period. Lincoln Capital LLC increased its position in shares of C.H. Robinson Worldwide by 0.5% in the second quarter. Lincoln Capital LLC now owns 10,085 shares of the transportation company’s stock worth $693,000 after buying an additional 49 shares during the period. IFP Advisors Inc increased its position in shares of C.H. Robinson Worldwide by 4.8% in the first quarter. IFP Advisors Inc now owns 1,609 shares of the transportation company’s stock worth $124,000 after buying an additional 73 shares during the period. Dumont & Blake Investment Advisors LLC increased its position in shares of C.H. Robinson Worldwide by 0.8% in the first quarter. Dumont & Blake Investment Advisors LLC now owns 9,795 shares of the transportation company’s stock worth $757,000 after buying an additional 75 shares during the period. Finally, Pacer Advisors Inc. increased its position in shares of C.H. Robinson Worldwide by 3.1% in the first quarter. Pacer Advisors Inc. now owns 2,649 shares of the transportation company’s stock worth $205,000 after buying an additional 79 shares during the period. 87.34% of the stock is currently owned by institutional investors.

C.H. Robinson Worldwide, Inc. (NASDAQ CHRW) opened at 66.13 on Thursday. The firm has a market cap of $9.33 billion, a PE ratio of 19.39 and a beta of 0.44. C.H. Robinson Worldwide, Inc. has a one year low of $63.41 and a one year high of $81.16. The company has a 50 day moving average of $67.22 and a 200-day moving average of $72.55.

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

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A number of equities research analysts have recently issued reports on CHRW shares. BidaskClub downgraded shares of C.H. Robinson Worldwide from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 25th. 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. Citigroup Inc. reduced their price target on shares of C.H. Robinson Worldwide from $80.00 to $73.00 and set a “neutral” rating on the stock in a research note on Thursday, July 13th. Cowen and Company reduced their price target on shares of C.H. Robinson Worldwide from $73.00 to $68.00 and set a “market perform” rating on the stock in a research note on Friday, July 21st. Finally, BMO Capital Markets raised shares of C.H. Robinson Worldwide from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $70.00 to $72.00 in a research note on Wednesday, July 26th. They noted that the move was a valuation call. Five analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target 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.

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

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