C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) had its price target raised by KeyCorp from $77.00 to $80.00 in a research note released on Tuesday morning. They currently have an overweight rating on the stock.

A number of other research analysts have also commented on the company. Buckingham Research reiterated a buy rating and set a $87.00 price target (up from $79.00) on shares of C.H. Robinson Worldwide in a report on Sunday, October 9th. Vetr lowered C.H. Robinson Worldwide from a buy rating to a hold rating and set a $73.30 price target for the company. in a report on Monday, October 10th. Deutsche Bank AG started coverage on C.H. Robinson Worldwide in a report on Wednesday, November 2nd. They set a hold rating and a $71.00 price target for the company. Zacks Investment Research lowered C.H. Robinson Worldwide from a hold rating to a sell rating in a report on Friday, November 4th. Finally, Barclays PLC lowered C.H. Robinson Worldwide from an overweight rating to an equal weight rating and cut their price target for the stock from $78.00 to $72.00 in a report on Monday, September 12th. Four analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of $74.66.

C.H. Robinson Worldwide (NASDAQ:CHRW) opened at 74.98 on Tuesday. The stock’s 50 day moving average is $70.85 and its 200 day moving average is $71.09. The firm has a market cap of $10.62 billion, a P/E ratio of 20.77 and a beta of 0.33. C.H. Robinson Worldwide has a one year low of $59.71 and a one year high of $76.10.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its quarterly earnings results on Tuesday, October 25th. The company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $0.96 by $0.06. C.H. Robinson Worldwide had a return on equity of 42.48% and a net margin of 4.00%. The business had revenue of $3.36 billion for the quarter, compared to analyst estimates of $3.33 billion. During the same quarter last year, the firm earned $0.96 earnings per share. The firm’s quarterly revenue was down 1.9% compared to the same quarter last year. On average, equities research analysts expect that C.H. Robinson Worldwide will post $3.59 earnings per share for the current year.

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In other C.H. Robinson Worldwide news, insider Robert C. Biesterfeld, Jr. sold 600 shares of the firm’s stock in a transaction that occurred on Wednesday, November 9th. The stock was sold at an average price of $71.30, for a total value of $42,780.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.69% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Capstone Asset Management Co. increased its position in C.H. Robinson Worldwide by 1.5% in the second quarter. Capstone Asset Management Co. now owns 37,668 shares of the company’s stock worth $2,797,000 after buying an additional 540 shares in the last quarter. NN Investment Partners Holdings N.V. increased its position in C.H. Robinson Worldwide by 89.5% in the second quarter. NN Investment Partners Holdings N.V. now owns 34,266 shares of the company’s stock worth $2,544,000 after buying an additional 16,181 shares in the last quarter. Chevy Chase Trust Holdings Inc. increased its position in C.H. Robinson Worldwide by 0.9% in the second quarter. Chevy Chase Trust Holdings Inc. now owns 121,959 shares of the company’s stock worth $9,055,000 after buying an additional 1,094 shares in the last quarter. Exxonmobil Investment Management Inc. TX increased its position in C.H. Robinson Worldwide by 6.0% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 36,955 shares of the company’s stock worth $2,744,000 after buying an additional 2,079 shares in the last quarter. Finally, NEXT Financial Group Inc increased its position in C.H. Robinson Worldwide by 48.5% in the second quarter. NEXT Financial Group Inc now owns 4,131 shares of the company’s stock worth $306,000 after buying an additional 1,350 shares in the last quarter. Hedge funds and other institutional investors own 83.45% of the company’s stock.

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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