C.H. Robinson Worldwide, Inc. (CHRW) VP Ben G. Campbell Sells 4,865 Shares of Stock

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) VP Ben G. Campbell sold 4,865 shares of the company’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $85.00, for a total transaction of $413,525.00. Following the completion of the transaction, the vice president now owns 29,837 shares of the company’s stock, valued at $2,536,145. The sale was disclosed in a filing with the SEC, which is available at this link.

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) opened at $86.76 on Tuesday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.24 and a quick ratio of 1.24. The stock has a market cap of $12,064.13, a PE ratio of 25.83, a P/E/G ratio of 2.97 and a beta of 0.48. C.H. Robinson Worldwide, Inc. has a 12 month low of $63.41 and a 12 month high of $89.11.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its quarterly earnings results on Tuesday, October 31st. The transportation company reported $0.85 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.03. The company had revenue of $3.78 billion during the quarter, compared to analyst estimates of $3.65 billion. C.H. Robinson Worldwide had a net margin of 3.31% and a return on equity of 36.06%. C.H. Robinson Worldwide’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same period last year, the business earned $0.90 EPS. analysts anticipate that C.H. Robinson Worldwide, Inc. will post 3.33 earnings per share for the current year.

Several research analysts have commented on CHRW shares. Cowen upgraded shares of C.H. Robinson Worldwide from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $68.00 to $87.00 in a report on Monday, October 16th. Stephens upgraded shares of C.H. Robinson Worldwide from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $73.00 to $90.00 in a report on Wednesday, August 30th. Goldman Sachs Group started coverage on shares of C.H. Robinson Worldwide in a report on Monday, November 13th. They issued a “neutral” rating and a $78.00 price objective for the company. Credit Suisse Group upped their price objective on shares of C.H. Robinson Worldwide from $68.00 to $69.00 and gave the stock an “underperform” rating in a report on Thursday, November 2nd. Finally, Zacks Investment Research upgraded shares of C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $83.00 price objective for the company in a report on Tuesday, September 26th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $77.35.

Institutional investors have recently modified their holdings of the stock. First Eagle Investment Management LLC increased its stake in C.H. Robinson Worldwide by 8,008.8% during the 2nd 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 in the last quarter. Harris Associates L P increased its stake in C.H. Robinson Worldwide by 273.2% during the 2nd quarter. Harris Associates L P now owns 1,027,045 shares of the transportation company’s stock valued at $70,537,000 after purchasing an additional 751,820 shares in the last quarter. Janus Henderson Group PLC increased its stake in C.H. Robinson Worldwide by 3,618.9% during the 2nd quarter. Janus Henderson Group PLC now owns 566,205 shares of the transportation company’s stock valued at $38,887,000 after purchasing an additional 550,980 shares in the last quarter. Alliancebernstein L.P. increased its stake in C.H. Robinson Worldwide by 168.7% during the 2nd quarter. Alliancebernstein L.P. now owns 793,718 shares of the transportation company’s stock valued at $54,513,000 after purchasing an additional 498,362 shares in the last quarter. Finally, Capital International Investors increased its stake in C.H. Robinson Worldwide by 5.6% during the 3rd quarter. Capital International Investors now owns 9,166,834 shares of the transportation company’s stock valued at $697,596,000 after purchasing an additional 488,372 shares in the last quarter. Institutional investors own 94.68% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This news story was posted by Community Financial News and is owned by of Community Financial News. If you are reading this news story on another domain, it was illegally copied and reposted in violation of US & international trademark and copyright law. The legal version of this news story can be accessed at https://www.com-unik.info/2017/12/05/c-h-robinson-worldwide-inc-chrw-vp-ben-g-campbell-sells-4865-shares-of-stock.html.

About C.H. Robinson Worldwide

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.

What are top analysts saying about C.H. Robinson Worldwide Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for C.H. Robinson Worldwide Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit