Vision Capital Management Inc. grew its holdings in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 20.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 56,843 shares of the transportation company’s stock after acquiring an additional 9,625 shares during the quarter. C.H. Robinson Worldwide accounts for approximately 1.3% of Vision Capital Management Inc.’s holdings, making the stock its 28th largest holding. Vision Capital Management Inc.’s holdings in C.H. Robinson Worldwide were worth $3,904,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of CHRW. TrimTabs Asset Management LLC boosted its holdings in C.H. Robinson Worldwide by 89.1% in the first quarter. TrimTabs Asset Management LLC now owns 1,511 shares of the transportation company’s stock worth $117,000 after acquiring an additional 712 shares in the last quarter. Van ECK Associates Corp boosted its holdings in C.H. Robinson Worldwide by 6.6% in the first quarter. Van ECK Associates Corp now owns 2,561 shares of the transportation company’s stock worth $198,000 after acquiring an additional 159 shares in the last quarter. NEXT Financial Group Inc boosted its holdings in C.H. Robinson Worldwide by 7.8% in the second quarter. NEXT Financial Group Inc now owns 2,895 shares of the transportation company’s stock worth $199,000 after acquiring an additional 209 shares in the last quarter. IHT Wealth Management LLC boosted its holdings in C.H. Robinson Worldwide by 3.5% in the first quarter. IHT Wealth Management LLC now owns 2,645 shares of the transportation company’s stock worth $202,000 after acquiring an additional 89 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its holdings in 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 acquiring an additional 79 shares in the last quarter. 90.10% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts recently commented on the company. Stephens raised C.H. Robinson Worldwide from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $73.00 to $90.00 in a report on Wednesday, August 30th. UBS AG raised C.H. Robinson Worldwide from a “sell” rating to a “neutral” rating and lifted their target price for the stock from $65.00 to $75.00 in a report on Tuesday, September 5th. BidaskClub raised C.H. Robinson Worldwide from a “strong sell” rating to a “sell” rating in a report on Wednesday, July 5th. Cowen and Company reaffirmed a “hold” rating and set a $68.00 target price on shares of C.H. Robinson Worldwide in a report on Friday, August 25th. Finally, Citigroup Inc. decreased their target price on C.H. Robinson Worldwide from $80.00 to $73.00 and set a “neutral” rating for the company in a report on Thursday, July 13th. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company’s stock. C.H. Robinson Worldwide currently has an average rating of “Hold” and a consensus target price of $71.75.

Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) traded up 0.30% on Friday, reaching $70.98. The company’s stock had a trading volume of 555,516 shares. The company has a market capitalization of $9.96 billion, a price-to-earnings ratio of 20.82 and a beta of 0.41. The stock has a 50-day moving average price of $68.62 and a 200-day moving average price of $71.33. C.H. Robinson Worldwide, Inc. has a 1-year low of $63.41 and a 1-year high of $81.16.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings data 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 earnings per share. The firm’s revenue was up 12.4% compared to the same quarter last year. On average, equities research analysts forecast that C.H. Robinson Worldwide, Inc. will post $3.29 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 1st will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $1.80 dividend on an annualized basis and a yield of 2.54%. C.H. Robinson Worldwide’s payout ratio is 52.94%.

In other C.H. Robinson Worldwide news, VP Angela K. Freeman sold 1,200 shares of the stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $68.72, for a total transaction of $82,464.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.85% of the stock is currently owned by company insiders.

ILLEGAL ACTIVITY WARNING: This piece of content was published by Daily Political and is the sole property of of Daily Political. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of US & international copyright & trademark laws. The correct version of this piece of content can be viewed at https://www.dailypolitical.com/2017/09/15/c-h-robinson-worldwide-inc-chrw-holdings-raised-by-vision-capital-management-inc.html.

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)

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