Sather Financial Group Inc Boosts Position in C.H. Robinson Worldwide, Inc. (CHRW)

Sather Financial Group Inc boosted its stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 5.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 116,223 shares of the transportation company’s stock after acquiring an additional 6,025 shares during the quarter. C.H. Robinson Worldwide accounts for 2.4% of Sather Financial Group Inc’s portfolio, making the stock its 18th largest position. Sather Financial Group Inc owned approximately 0.08% of C.H. Robinson Worldwide worth $8,845,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of CHRW. NGAM Advisors L.P. lifted its position in C.H. Robinson Worldwide by 34.2% in the 2nd quarter. NGAM Advisors L.P. now owns 41,707 shares of the transportation company’s stock valued at $2,864,000 after acquiring an additional 10,619 shares in the last quarter. Rothschild Asset Management Inc. lifted its position in C.H. Robinson Worldwide by 15.7% in the 2nd quarter. Rothschild Asset Management Inc. now owns 11,762 shares of the transportation company’s stock valued at $808,000 after acquiring an additional 1,594 shares in the last quarter. Sei Investments Co. lifted its position in C.H. Robinson Worldwide by 874.8% in the 2nd quarter. Sei Investments Co. now owns 8,364 shares of the transportation company’s stock valued at $575,000 after acquiring an additional 7,506 shares in the last quarter. Korea Investment CORP lifted its position in C.H. Robinson Worldwide by 8.7% in the 2nd quarter. Korea Investment CORP now owns 78,526 shares of the transportation company’s stock valued at $5,393,000 after acquiring an additional 6,279 shares in the last quarter. Finally, Rockland Trust Co. lifted its position in C.H. Robinson Worldwide by 0.6% in the 2nd quarter. Rockland Trust Co. now owns 110,876 shares of the transportation company’s stock valued at $7,615,000 after acquiring an additional 618 shares in the last quarter. 94.68% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts recently commented on the stock. Barclays boosted their price objective on shares of C.H. Robinson Worldwide from $67.00 to $70.00 and gave the company an “equal weight” rating in a research report on Monday, October 2nd. BMO Capital Markets cut shares of C.H. Robinson Worldwide from an “outperform” rating to a “market perform” rating and boosted their price objective for the company from $72.00 to $77.00 in a research report on Tuesday, October 3rd. They noted that the move was a valuation call. KeyCorp reaffirmed a “buy” rating and issued a $85.00 price objective on shares of C.H. Robinson Worldwide in a research report on Thursday, October 12th. Credit Suisse Group boosted their price objective on shares of C.H. Robinson Worldwide from $68.00 to $69.00 and gave the company an “underperform” rating in a research report on Thursday, November 2nd. Finally, J P Morgan Chase & Co boosted their price objective on shares of C.H. Robinson Worldwide from $63.00 to $71.00 and gave the company an “underweight” rating in a research report on Thursday, October 12th. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $77.35.

In other news, insider Jordan T. Kass sold 1,738 shares of the business’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $78.75, for a total transaction of $136,867.50. Following the transaction, the insider now directly owns 24,348 shares in the company, valued at approximately $1,917,405. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Angela K. Freeman sold 1,300 shares of the business’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $80.64, for a total transaction of $104,832.00. The disclosure for this sale can be found here. Insiders have sold a total of 22,903 shares of company stock worth $1,854,925 over the last 90 days. 0.85% of the stock is owned by company insiders.

Shares of C.H. Robinson Worldwide, Inc. (NASDAQ CHRW) opened at $85.92 on Wednesday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.24 and a current ratio of 1.24. C.H. Robinson Worldwide, Inc. has a 52-week low of $63.41 and a 52-week high of $89.11. The company has a market cap of $11,980.00, a PE ratio of 25.83, a price-to-earnings-growth ratio of 2.97 and a beta of 0.48.

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, topping the 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 analysts’ expectations of $3.65 billion. During the same period in the previous year, the firm posted $0.90 EPS. The company’s revenue for the quarter was up 12.8% on a year-over-year basis. sell-side analysts anticipate that C.H. Robinson Worldwide, Inc. will post 3.33 earnings per share for the current fiscal year.

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C.H. Robinson Worldwide 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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