Hussman Strategic Advisors Inc. Has $2.24 Million Holdings in C.H. Robinson Worldwide Inc (CHRW)

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Hussman Strategic Advisors Inc. lowered its stake in C.H. Robinson Worldwide Inc (NASDAQ:CHRW) by 36.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,700 shares of the transportation company’s stock after selling 15,000 shares during the quarter. Hussman Strategic Advisors Inc.’s holdings in C.H. Robinson Worldwide were worth $2,236,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Synovus Financial Corp boosted its stake in C.H. Robinson Worldwide by 80.0% in the 4th quarter. Synovus Financial Corp now owns 288 shares of the transportation company’s stock worth $25,000 after purchasing an additional 128 shares during the period. Bremer Trust National Association bought a new stake in shares of C.H. Robinson Worldwide during the 4th quarter valued at about $37,000. JOYN Advisors Inc. boosted its position in shares of C.H. Robinson Worldwide by 102.2% during the 4th quarter. JOYN Advisors Inc. now owns 542 shares of the transportation company’s stock valued at $46,000 after acquiring an additional 274 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of C.H. Robinson Worldwide by 32.4% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 572 shares of the transportation company’s stock valued at $50,000 after acquiring an additional 140 shares during the last quarter. Finally, Financial Gravity Companies Inc. bought a new stake in shares of C.H. Robinson Worldwide during the 4th quarter valued at about $51,000. Institutional investors and hedge funds own 87.90% of the company’s stock.

NASDAQ:CHRW opened at $84.25 on Friday. The company has a market capitalization of $11.13 billion, a P/E ratio of 17.81, a PEG ratio of 1.67 and a beta of 0.65. C.H. Robinson Worldwide Inc has a 1-year low of $77.72 and a 1-year high of $101.20. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.84.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its earnings results on Tuesday, April 30th. The transportation company reported $1.16 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.14 by $0.02. The company had revenue of $3.75 billion during the quarter, compared to the consensus estimate of $3.98 billion. C.H. Robinson Worldwide had a return on equity of 43.85% and a net margin of 4.16%. C.H. Robinson Worldwide’s quarterly revenue was down 4.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.01 EPS. On average, equities analysts forecast that C.H. Robinson Worldwide Inc will post 5.01 EPS for the current fiscal year.

A number of analysts have recently issued reports on the company. Zacks Investment Research upgraded C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $102.00 price target for the company in a research report on Thursday, February 7th. Barclays lifted their price target on C.H. Robinson Worldwide from $95.00 to $100.00 and gave the company an “equal weight” rating in a research report on Thursday, April 4th. BidaskClub upgraded C.H. Robinson Worldwide from a “strong sell” rating to a “sell” rating in a research report on Wednesday, April 3rd. Susquehanna Bancshares downgraded C.H. Robinson Worldwide from a “positive” rating to a “neutral” rating in a research report on Wednesday, April 10th. Finally, Credit Suisse Group dropped their price target on C.H. Robinson Worldwide from $86.00 to $80.00 and set an “underperform” rating for the company in a research report on Tuesday, January 15th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the stock. C.H. Robinson Worldwide currently has an average rating of “Hold” and a consensus price target of $92.60.

In other C.H. Robinson Worldwide news, insider Angela K. Freeman sold 2,914 shares of C.H. Robinson Worldwide stock in a transaction that occurred on Thursday, February 14th. The stock was sold at an average price of $91.01, for a total value of $265,203.14. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Jordan T. Kass sold 1,382 shares of C.H. Robinson Worldwide stock in a transaction that occurred on Wednesday, February 6th. The stock was sold at an average price of $90.80, for a total value of $125,485.60. The disclosure for this sale can be found here. Insiders own 1.65% of the company’s stock.

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C.H. Robinson Worldwide Profile

C.H. Robinson Worldwide, Inc, a third party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. The company operates through three segments: North American Surface Transportation, Global Forwarding, and Robinson Fresh. It offers transportation and logistics services, such as truckload; less than truckload transportation which include the shipment of single or multiple pallets of freight; intermodal transportation, which is shipment service of freight in trailers or containers by a combination of truck and rail; and non-vessel ocean common carrier or freight forwarding services, as well as organizes air shipments and provides door-to-door services.

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Institutional Ownership by Quarter for C.H. Robinson Worldwide (NASDAQ:CHRW)

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