Accredited Investors Inc. raised its holdings in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 1.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 77,716 shares of the transportation company’s stock after buying an additional 1,146 shares during the period. C.H. Robinson Worldwide comprises approximately 1.6% of Accredited Investors Inc.’s investment portfolio, making the stock its 12th biggest position. Accredited Investors Inc. owned 0.06% of C.H. Robinson Worldwide worth $5,914,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of C.H. Robinson Worldwide by 1.8% in the second quarter. Vanguard Group Inc. now owns 15,399,851 shares of the transportation company’s stock valued at $1,057,661,000 after purchasing an additional 270,521 shares during the period. BlackRock Inc. boosted its holdings in shares of C.H. Robinson Worldwide by 3.6% in the second quarter. BlackRock Inc. now owns 10,889,921 shares of the transportation company’s stock valued at $747,922,000 after purchasing an additional 377,726 shares during the period. Capital International Investors boosted its holdings in shares of 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 purchasing an additional 469,829 shares during the period. Baillie Gifford & Co. boosted its holdings in shares of C.H. Robinson Worldwide by 1.3% in the third quarter. Baillie Gifford & Co. now owns 5,184,766 shares of the transportation company’s stock valued at $394,561,000 after purchasing an additional 68,050 shares during the period. Finally, First Eagle Investment Management LLC boosted its holdings in shares of 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 purchasing an additional 4,156,590 shares during the period. Institutional investors and hedge funds own 89.17% of the company’s stock.

CHRW has been the subject of a number of research reports. Morgan Stanley reiterated an “underweight” rating and issued a $55.00 price target (down previously from $57.00) on shares of C.H. Robinson Worldwide in a report on Tuesday, July 25th. Cowen and Company upgraded C.H. Robinson Worldwide from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $68.00 to $87.00 in a report on Monday, October 16th. Bank of America Corporation lowered their price target on C.H. Robinson Worldwide from $70.00 to $60.00 and set an “underperform” rating for the company in a report on Thursday, July 20th. BidaskClub upgraded C.H. Robinson Worldwide from a “strong sell” rating to a “sell” rating in a report on Saturday, August 5th. Finally, Stephens upgraded C.H. Robinson Worldwide from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $73.00 to $90.00 in a report on Wednesday, August 30th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $76.56.

Shares of C.H. Robinson Worldwide, Inc. (CHRW) traded up 0.09% during trading on Wednesday, reaching $78.60. 1,321,962 shares of the company were exchanged. The firm has a 50-day moving average price of $75.86 and a 200-day moving average price of $70.87. C.H. Robinson Worldwide, Inc. has a 1-year low of $63.41 and a 1-year high of $81.16. The stock has a market capitalization of $11.03 billion, a P/E ratio of 23.05 and a beta of 0.42.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its quarterly earnings results on Tuesday, October 31st. The transportation company reported $0.85 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.82 by $0.03. C.H. Robinson Worldwide had a net margin of 3.49% and a return on equity of 37.41%. The company had revenue of $3.78 billion during the quarter, compared to analysts’ expectations of $3.65 billion. During the same quarter last year, the company posted $0.90 EPS. The firm’s revenue was up 12.8% compared to the same quarter last year. Equities research analysts predict that C.H. Robinson Worldwide, Inc. will post $3.26 earnings per share for the current fiscal year.

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In other news, VP Angela K. Freeman sold 1,200 shares of the firm’s stock in a transaction 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 hyperlink. Company insiders own 0.85% of the company’s stock.

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.

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

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