C.H. Robinson Worldwide, Inc. (CHRW) Forms Double Top Pattern at $84.64

June 29, 2018 - By Lena Young

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Corporate Logo

Big Money Sentiment decreased to 0.75 in 2018 Q1. It has change of 0.19, from 2017Q4’s 0.94. The ratio is negative due to C.H. Robinson Worldwide, Inc. positioning: 49 sold and 170 reduced. 51 funds bought positions and 113 increased positions. Investors holded 128.71 million in 2017Q4 but now own 123.22 million shares or 4.26% less.
3,859 were reported by Cognios Cap Limited Liability Corp. Moreover, Natixis Advisors Limited Partnership has 0.03% invested in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Fdx Incorporated reported 15,820 shs stake. Strategic Financial Svcs accumulated 0.43% or 28,406 shs. Utah Retirement System owns 0.05% invested in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) for 25,768 shs. Benedict Advsrs stated it has 9,942 shs. 1.71 million are held by Northern Trust Corp. Tobam has 2.07% invested in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) for 538,475 shs. Edge Wealth Llc reported 0.01% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Jnba Fin invested in 200 shs or 0% of the stock. Janney Montgomery Scott Limited Liability Company accumulated 8,346 shs. Seizert Prtnrs holds 2.55% or 747,374 shs in its capital. Cwm Ltd Liability invested in 196,455 shs. Ballentine Ptnrs Ltd Liability Co holds 2,818 shs. Oregon Pub Employees Retirement Fund reported 0.05% of its capital in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW).

C.H. Robinson Worldwide, Inc. registered $3.57 million net activity with 0 insider buys and 7 sales since February 12, 2018. $355,113 worth of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) shs were sold by OBRIEN CHRIS. Shares for $155,276 were sold by Kass Jordan T on Tuesday, February 13. LINDBLOOM CHAD sold $487,991 worth of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) on Tuesday, February 27. On Monday, February 26 Biesterfeld Robert C Jr also sold $662,240 worth of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Another trade for 4,346 shs valued at $403,092 was sold by LEMKE JAMES. On Tuesday, February 27 $94,619 worth of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) was sold by Freeman Angela K..

C.H. Robinson Worldwide, Inc. (CHRW) chart shows a double top technical setup with $87.18 target. That’s 3.00 % above today’s $84.64 stock price. It has $11.79B market cap. On Jun, 29 it was posted by Finviz.com. The valuation of CHRW can change by $353.55M if our $87.18 target is hit.

The stock increased 1.33% or $1.11 during the last trading session, touching $84.64.Currently C.H. Robinson Worldwide, Inc. is uptrending after 29.92% change in last June 29, 2017. CHRW has 316,122 shares volume. CHRW outperformed by 17.35% the S&P 500.

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)’s quarterly earnings will be reported on July, 18., according to RTT. Analysts have anticipation on stock’s EPS of $1.06. That’s up 35.90 % from last year’s $0.78 EPS. If CHRW’s EPS is $1.06 the profit will reach $147.59 million for 19.96 P/E. After $1.01 EPS report previous quarter, Wall Street now forecasts 4.95 % EPS growth of C.H. Robinson Worldwide, Inc..

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Ratings Coverage

Total analysts of 11 have positions in CH Robinson (NASDAQ:CHRW) as follows: 5 rated it a “Buy”, 2 with “Sell” and 4 with “Hold”. The positive are 45%. The firm has $115.0 highest while $68 is the lowest price target. The average target $95 is 12.24% above the last ($84.64) price. Since January 4, 2018 according to StockzIntelligence Inc CH Robinson has 18 analyst reports. The stock rating was maintained by Cowen & Co with “Buy” on Wednesday, January 10. On Friday, April 6 the stock of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has “Underweight” rating given by Morgan Stanley. On Tuesday, April 10 the firm earned “Hold” rating by Robert W. Baird. On Monday, January 8 the firm has “Buy” rating by Stephens given. On Thursday, January 4 the rating was upgraded by Citigroup to “Buy”. The stock rating was maintained by Susquehanna with “Hold” on Monday, April 16. The company rating was maintained by Susquehanna on Monday, January 8. On Tuesday, January 16 the stock of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has “Hold” rating given by Credit Suisse. The company rating was maintained by Susquehanna on Wednesday, January 31. On Friday, May 4 Stephens downgraded C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) to “Equal-Weight” rating.

More recent C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) news were announced by Businesswire.com, Fool.com and Globenewswire.com. The first one has “CH Robinson Worldwide Second Quarter 2018 Earnings Conference Call” as a title and was announced on June 28, 2018. The next is “Will Landstar Earnings Continue to Rise in the Back Half of 2018?” on June 20, 2018. And last was announced on June 26, 2018, called “Report: Exploring Fundamental Drivers Behind Chegg, CH Robinson Worldwide, Republic Services, CorMedix …”.

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.