C.H. Robinson Worldwide (CHRW) : Weyland Capital Management added new position in C.H. Robinson Worldwide during the most recent quarter end. The investment management firm now holds 3,158 shares of C.H. Robinson Worldwide which is valued at $235,460 , the company said in a statement filed on Apr 18, 2016 with the SEC.C.H. Robinson Worldwide makes up approximately 0.25% of Weyland Capital Management’s portfolio.
C.H. Robinson Worldwide opened for trading at $74.45 and hit $74.98 on the upside on Friday, eventually ending the session at $74.56, with a gain of 0.34% or 0.25 points. The heightened volatility saw the trading volume jump to 6,39,117 shares. Company has a market cap of $10,680 M.
Other Hedge Funds, Including , Gateway Investment Advisers reduced its stake in CHRW by selling 4,535 shares or 30.75% in the most recent quarter. The Hedge Fund company now holds 10,212 shares of CHRW which is valued at $761,407. C.H. Robinson Worldwide makes up approx 0.01% of Gateway Investment Advisers’s portfolio.Oregon Public Employees Retirement Fund boosted its stake in CHRW in the latest quarter, The investment management firm added 80 additional shares and now holds a total of 40,521 shares of C.H. Robinson Worldwide which is valued at $2,978,699. C.H. Robinson Worldwide makes up approx 0.07% of Oregon Public Employees Retirement Fund’s portfolio.Benjamin F. Edwards Company reduced its stake in CHRW by selling 468 shares or 10.57% in the most recent quarter. The Hedge Fund company now holds 3,961 shares of CHRW which is valued at $291,173. C.H. Robinson Worldwide makes up approx 0.06% of Benjamin F. Edwards Company’s portfolio.British Columbia Investment Management Corp boosted its stake in CHRW in the latest quarter, The investment management firm added 7,922 additional shares and now holds a total of 99,392 shares of C.H. Robinson Worldwide which is valued at $7,133,364. C.H. Robinson Worldwide makes up approx 0.07% of British Columbia Investment Management Corp’s portfolio.
On the company’s financial health, C.H. Robinson Worldwide reported $0.88 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Feb 2, 2016. Analyst had a consensus of $0.87. The company had revenue of $3210.90 million for the quarter, compared to analysts expectations of $3344.58 million. The company’s revenue was down -4.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.77 EPS.
Many Wall Street Analysts have commented on C.H. Robinson Worldwide. C.H. Robinson Worldwide was Upgraded by KeyBanc Capital Mkts to ” Overweight” on Apr 15, 2016. C.H. Robinson Worldwide was Upgraded by Buckingham Research to ” Buy” on Feb 11, 2016. C.H. Robinson Worldwide was Upgraded by Raymond James to ” Outperform” on Feb 4, 2016.
C.H. Robinson Worldwide Inc. is a third party logistics company. The Company provides freight transportation services and logistics solutions to companies of all sizes in a variety of industries. The Company operates through a network of 281 offices in North America Europe Asia and South America. It has developed global transportation and distribution networks to provide transportation and supply chain services worldwide. It also provides sourcing services through Robinson Fresh. Sourcing business involves the buying selling and marketing of fresh fruits vegetables and other perishable items. The Company supplies fresh produce through its network of independent produce growers and suppliers. Its customers include grocery retailers and restaurants produce wholesalers and foodservice distributors. It also arranges the logistics and transportation of the products it sells and provides related supply chain services such as replenishment category management and merchandising.