C.H. Robinson Worldwide, Inc. (CHRW) Shares Bought by Nomura Holdings Inc.

Nomura Holdings Inc. boosted its position in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 1,552.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 79,388 shares of the transportation company’s stock after buying an additional 74,584 shares during the quarter. Nomura Holdings Inc. owned approximately 0.06% of C.H. Robinson Worldwide worth $5,449,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in CHRW. UBS Asset Management Americas Inc. increased its holdings in C.H. Robinson Worldwide by 8.8% in the first quarter. UBS Asset Management Americas Inc. now owns 491,877 shares of the transportation company’s stock valued at $38,017,000 after buying an additional 39,910 shares during the last quarter. Pacer Advisors Inc. increased its holdings in C.H. Robinson Worldwide by 3.1% in the first quarter. Pacer Advisors Inc. now owns 2,649 shares of the transportation company’s stock valued at $205,000 after buying an additional 79 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in C.H. Robinson Worldwide by 140.2% in the first quarter. JPMorgan Chase & Co. now owns 161,320 shares of the transportation company’s stock valued at $12,467,000 after buying an additional 94,173 shares during the last quarter. Victory Capital Management Inc. increased its holdings in C.H. Robinson Worldwide by 28.6% in the first quarter. Victory Capital Management Inc. now owns 25,853 shares of the transportation company’s stock valued at $1,998,000 after buying an additional 5,753 shares during the last quarter. Finally, Van ECK Associates Corp increased its holdings in C.H. Robinson Worldwide by 6.6% in the first quarter. Van ECK Associates Corp now owns 2,561 shares of the transportation company’s stock valued at $198,000 after buying an additional 159 shares during the last quarter. 90.10% of the stock is owned by hedge funds and other institutional investors.

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C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) traded down 0.25% during trading on Wednesday, hitting $76.90. The stock had a trading volume of 232,575 shares. The company has a market cap of $10.79 billion, a PE ratio of 22.49 and a beta of 0.42. The stock has a 50-day moving average price of $72.91 and a 200-day moving average price of $70.65. C.H. Robinson Worldwide, Inc. has a 52 week low of $63.41 and a 52 week high of $81.16.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings results on Wednesday, July 19th. The transportation company reported $0.78 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.90 by ($0.12). C.H. Robinson Worldwide had a return on equity of 37.41% and a net margin of 3.49%. The business had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.63 billion. During the same period last year, the company earned $1.00 EPS. The business’s revenue for the quarter was up 12.4% on a year-over-year basis. Equities analysts predict that C.H. Robinson Worldwide, Inc. will post $3.28 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 1st were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.33%. The ex-dividend date of this dividend was Wednesday, August 30th. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 52.94%.

In related news, VP Angela K. Freeman sold 1,200 shares of the stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $68.72, for a total value of $82,464.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.85% of the company’s stock.

Several brokerages recently weighed in on CHRW. BidaskClub lowered C.H. Robinson Worldwide from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. Citigroup Inc. lowered their price objective on C.H. Robinson Worldwide from $80.00 to $73.00 and set a “neutral” rating for the company in a report on Thursday, July 13th. Cowen and Company reissued a “hold” rating and issued a $68.00 price objective on shares of C.H. Robinson Worldwide in a report on Friday, August 25th. BMO Capital Markets raised C.H. Robinson Worldwide from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $70.00 to $72.00 in a report on Wednesday, July 26th. They noted that the move was a valuation call. Finally, Barclays PLC reissued a “hold” rating and issued a $67.00 price objective (down from $73.00) on shares of C.H. Robinson Worldwide in a report on Friday, July 21st. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $74.53.

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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