C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) has earned a consensus recommendation of “Hold” from the twenty-three ratings firms that are covering the stock. Four analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $74.21.

A number of brokerages have recently issued reports on CHRW. Zacks Investment Research lowered shares of C.H. Robinson Worldwide from a “hold” rating to a “sell” rating in a research note on Friday, November 4th. Deutsche Bank AG began coverage on shares of C.H. Robinson Worldwide in a research note on Wednesday, November 2nd. They set a “hold” rating and a $71.00 target price for the company. Stifel Nicolaus lowered their target price on shares of C.H. Robinson Worldwide from $81.00 to $73.00 and set a “buy” rating for the company in a research note on Wednesday, October 26th. Vetr downgraded C.H. Robinson Worldwide from a “buy” rating to a “hold” rating and set a $73.30 price objective for the company. in a report on Monday, October 10th. Finally, Buckingham Research reaffirmed a “buy” rating and issued a $87.00 price objective (up from $79.00) on shares of C.H. Robinson Worldwide in a research note on Sunday, October 9th.

In other news, insider Robert C. Biesterfeld, Jr. sold 600 shares of the firm’s stock in a transaction that occurred on Wednesday, November 9th. The shares were sold at an average price of $71.30, for a total transaction of $42,780.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.69% of the stock is currently owned by corporate insiders.

Several large investors have recently modified their holdings of CHRW. First Republic Investment Management Inc. boosted its stake in shares of C.H. Robinson Worldwide by 134.8% in the first quarter. First Republic Investment Management Inc. now owns 21,296 shares of the company’s stock worth $1,581,000 after buying an additional 12,225 shares during the last quarter. Lyons Wealth Management LLC. boosted its stake in shares of C.H. Robinson Worldwide by 7.9% in the first quarter. Lyons Wealth Management LLC. now owns 13,639 shares of the company’s stock worth $1,011,000 after buying an additional 993 shares during the last quarter. Lowe Brockenbrough & Co. Inc. boosted its stake in shares of C.H. Robinson Worldwide by 0.4% in the first quarter. Lowe Brockenbrough & Co. Inc. now owns 22,890 shares of the company’s stock worth $1,699,000 after buying an additional 80 shares during the last quarter. Euclid Advisors LLC purchased a new stake in shares of C.H. Robinson Worldwide during the first quarter worth approximately $411,000. Finally, Royal Bank of Canada boosted its stake in shares of C.H. Robinson Worldwide by 66.4% in the first quarter. Royal Bank of Canada now owns 250,045 shares of the company’s stock worth $18,560,000 after buying an additional 99,784 shares during the last quarter. 81.90% of the stock is currently owned by institutional investors and hedge funds.

Shares of C.H. Robinson Worldwide (NASDAQ:CHRW) opened at 74.40 on Thursday. The company’s 50-day moving average is $70.18 and its 200 day moving average is $71.02. The stock has a market capitalization of $10.54 billion, a P/E ratio of 20.61 and a beta of 0.33. C.H. Robinson Worldwide has a 12 month low of $59.71 and a 12 month high of $76.10.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its earnings results on Tuesday, October 25th. The company reported $0.90 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.96 by $0.06. The company had revenue of $3.36 billion for the quarter, compared to analysts’ expectations of $3.33 billion. C.H. Robinson Worldwide had a net margin of 4.00% and a return on equity of 42.48%. The firm’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.96 earnings per share. Equities research analysts predict that C.H. Robinson Worldwide will post $3.59 earnings per share for the current year.

C.H. Robinson Worldwide Company Profile

C.H. Robinson Worldwide, Inc (C.H. Robinson) is a third-party logistics company. The Company provides freight transportation services and logistics solutions to companies of all sizes, in a variety of industries. C.H. Robinson has handled approximately 16.9 million shipments, and worked with over 110,000 active customers.

5 Day Chart for NASDAQ:CHRW

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