CH Robinson Worldwide Inc (NASDAQ:CHRW) Sentiment Increased in Q2 2017

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Cap Research Glob Investors reported 5.96M shares.

Shares of C.H. Robinson Worldwide, Inc. The lowest target is $55 while the high is $220. The company's slow economic growth in certain key markets in addition to adverse foreign exchange movements is a matter of concern.

If we look at the Volatility of the company, Week Volatility is 1.25%, whereas Month Volatility is at 1.90%. A dividend is a distribution of a portion of a company's earnings decided by its BOD (board of directors) specifically for its shareholders. BidaskClub raised shares of C.H. Robinson Worldwide from a "strong sell" rating to a "sell" rating in a research note on Wednesday, July 5th.

July 21 investment analysts at Deutsche Bank made no change to the company rating of "Hold" and lowered the price expectation from $71.00 to $60.00. Finally, BMO Capital Markets 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 $70.00 to $72.00 in a research report on Wednesday, July 26th. They noted that the move was a valuation call. The stock of C.H. Robinson Worldwide Inc (NASDAQ:CHRW) earned "Hold" rating by Stifel Nicolaus on Tuesday, November 22.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 3 out of the scale from 1 to 5, where 1 stands for Buy and 5 means Sell. The company now has a consensus rating of "Hold" and an average price target of $71.75. The Earnings Yield Five Year average for C.H. Robinson Worldwide, Inc. The stock has a market capitalization of $10.27 billion, a price-to-earnings ratio of 21.45 and a beta of 0.41. The stock's 50 day moving average price is $69.19 and its 200 day moving average price is $71.02. The transportation company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.12). The business had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.63 billion. The business's revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.00 EPS. Equities research analysts forecast that C.H. Robinson Worldwide will post $3.29 earnings per share for the current fiscal year. If you are accessing this report on another website, it was stolen and reposted in violation of US and global trademark & copyright legislation. The legal version of this report can be accessed at https://baseballnewssource.com/markets/c-h-robinson-worldwide-inc-chrw-stock-rating-upgraded-by-zacks-investment-research/1661916.html.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 1st will be paid a $0.45 dividend. Stephens upgraded C.H. Robinson Worldwide Inc (NASDAQ:CHRW) on Wednesday, August 30 to "Overweight" rating. The ratio increased, as 221 hedge funds increased or opened new equity positions, while 178 cut down and sold stock positions in C H Robinson Worldwide Inc. The shares were sold at an average price of $68.72, for a total transaction of $82,464.00. The stock increased 0.18% or $0.13 on September 22, reaching $73.13. Vanguard Group Inc. grew its stake in shares of C.H. Robinson Worldwide by 3.9% during the first quarter. Vanguard Group Inc. now owns 15,129,330 shares of the transportation company's stock valued at $1,169,345,000 after buying an additional 570,800 shares in the last quarter. Chevy Chase Trust has invested 0.04% in C.H. Robinson Worldwide Inc (NASDAQ:CHRW). BlackRock Inc. now owns 10,889,921 shares of the transportation company's stock valued at $747,922,000 after buying an additional 377,726 shares in the last quarter. Virtus Inv Advisers stated it has 0.03% in C.H. Robinson Worldwide Inc (NASDAQ:CHRW). Capital International Investors now owns 8,678,462 shares of the transportation company's stock valued at $596,037,000 after purchasing an additional 469,829 shares during the last quarter. FMR LLC lifted its stake in C.H. Robinson Worldwide by 10.2% in the 1st quarter. FMR LLC now owns 5,091,485 shares of the transportation company's stock valued at $393,521,000 after purchasing an additional 472,798 shares during the last quarter. Janney Montgomery Scott LLC now owns 6,413 shares of the transportation company's stock worth $496,000 after purchasing an additional 517 shares in the last quarter. This is one of the most popular methods investors use to evaluate a company's financial performance.

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