Dupont Capital Management Corp lowered its stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 16.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,925 shares of the transportation company’s stock after selling 1,568 shares during the quarter. Dupont Capital Management Corp’s holdings in C.H. Robinson Worldwide were worth $603,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CHRW. First Eagle Investment Management LLC lifted its position in C.H. Robinson Worldwide by 8,008.8% in the second quarter. First Eagle Investment Management LLC now owns 4,208,490 shares of the transportation company’s stock valued at $289,039,000 after buying an additional 4,156,590 shares during the last quarter. Harris Associates L P lifted its position in C.H. Robinson Worldwide by 273.2% in the second quarter. Harris Associates L P now owns 1,027,045 shares of the transportation company’s stock valued at $70,537,000 after buying an additional 751,820 shares during the last quarter. Janus Henderson Group PLC lifted its position in C.H. Robinson Worldwide by 3,618.9% in the second quarter. Janus Henderson Group PLC now owns 566,205 shares of the transportation company’s stock valued at $38,887,000 after buying an additional 550,980 shares during the last quarter. Alliancebernstein L.P. lifted its position in C.H. Robinson Worldwide by 168.7% in the second quarter. Alliancebernstein L.P. now owns 793,718 shares of the transportation company’s stock valued at $54,513,000 after buying an additional 498,362 shares during the last quarter. Finally, Capital International Investors lifted its position in C.H. Robinson Worldwide by 5.7% in the second quarter. Capital International Investors now owns 8,678,462 shares of the transportation company’s stock valued at $596,037,000 after buying an additional 469,829 shares during the last quarter. 89.57% of the stock is currently owned by institutional investors.

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A number of research analysts have commented on the stock. Zacks Investment Research raised shares of C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $90.00 target price on the stock in a research report on Wednesday. Credit Suisse Group boosted their price target on shares of C.H. Robinson Worldwide from $68.00 to $69.00 and gave the stock an “underperform” rating in a research note on Thursday, November 2nd. Barclays PLC boosted their price target on shares of C.H. Robinson Worldwide from $70.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 2nd. Cowen and Company boosted their price target on shares of C.H. Robinson Worldwide from $87.00 to $88.00 and gave the stock an “outperform” rating in a research note on Thursday, November 2nd. Finally, Oppenheimer Holdings, Inc. reiterated a “hold” rating on shares of C.H. Robinson Worldwide in a research note on Wednesday, November 1st. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and six 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 $77.31.

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 shares were sold at an average price of $68.72, for a total value of $82,464.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Jordan T. Kass sold 1,738 shares of the stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $78.75, for a total transaction of $136,867.50. Following the completion of the transaction, the insider now owns 24,348 shares in the company, valued at $1,917,405. The disclosure for this sale can be found here. Insiders sold 17,938 shares of company stock worth $1,419,032 over the last quarter. 0.85% of the stock is currently owned by insiders.

Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) opened at $80.33 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.27 and a current ratio of 1.24. C.H. Robinson Worldwide, Inc. has a one year low of $63.41 and a one year high of $81.35. The firm has a market cap of $11,198.40, a P/E ratio of 23.98, a P/E/G ratio of 2.76 and a beta of 0.44.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its earnings results on Tuesday, October 31st. The transportation company reported $0.85 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.03. C.H. Robinson Worldwide had a net margin of 3.31% and a return on equity of 36.06%. The firm had revenue of $3.78 billion for the quarter, compared to analyst estimates of $3.65 billion. During the same period in the prior year, the firm earned $0.90 earnings per share. The business’s quarterly revenue was up 12.8% compared to the same quarter last year. analysts predict that C.H. Robinson Worldwide, Inc. will post 3.32 EPS for the current fiscal year.

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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