Zacks Investment Research Lowers CH Robinson (CHRW) to Hold

Marco Green
April 16, 2018

The institutional investor held 136,700 shares of the oilfield services and equipment company at the end of 2017Q4, valued at $9.21 million, up from 39,100 at the end of the previous reported quarter. Accredited Investors Inc who had been investing in C H Robinson Worldwide Inc for a number of months, seems to be less bullish one the $13.23 billion market cap company.

Its shares touched $94.27 on during the last trading session after 1.19% C.H. Robinson Worldwide, uptrending after 18.88% change in last April 15, 2017. About 1.22M shares traded. (NASDAQ:CHRW). Amalgamated Bank invested in 0.04% or 18,501 shs. CHRW outperformed by 7.33% the S&P 500.

Raab & Moskowitz Asset Management Llc decreased its stake in Johnson & Johnson Com (JNJ) by 6.32% based on its latest 2017Q4 regulatory filing with the SEC. The hedge fund run by Christopher Lyle held 1.58M shares of the prepackaged software company at the end of 2017Q4, valued at $44.42 million, up from 560,000 at the end of the previous reported quarter. Lafitte Capital Management Lp who had been investing in U.S. Auto Parts Network Inc for a number of months, seems to be less bullish one the $65.53 million market cap company. The stock decreased 0.30% or $0.53 during the last trading session, reaching $174.27. About 168,162 shares traded or 112.47% up from the average. (NASDAQ:PRTS) has declined 36.09% since April 15, 2017 and is downtrending. Pembina Pipeline had 8 analyst reports since August 10, 2015 according to SRatingsIntel. It also reduced its holding in Lauder Estee Cos Inc (NYSE:EL) by 10,000 shares in the quarter, leaving it with 40,500 shares, and cut its stake in Intuit (NASDAQ:INTU).

Big Money Sentiment decreased to 0.94 in Q4 2017. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.53. 71 funds bought stakes and 116 increased stakes. Although stock's historical performances are key to consider, don't invest (or not invest) based exclusively on it. Pacad, a British Columbia - Canada-based fund reported 100 shares. Captrust Financial Advisors bought a new position in shares of C. H. Robinson in the 4th quarter valued at about $177,000. (NASDAQ:CHRW). Jlb And Associate reported 7,575 shares or 0.15% of all its holdings. (NASDAQ:CHRW). 9,579 were accumulated by Stone Ridge Asset Limited Company.

Analysts await C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Advisor Prtn Lc invested in 2,329 shares. Cambridge Advsr Inc holds 0.12% or 3,590 shares. Oppenheimer Asset Management reported 19,675 shares. Boston & Mgmt owns 43,006 shares. Triangle Secs Wealth Management, a North Carolina-based fund reported 919 shares. Waldron LP invested in 0.16% or 3,784 shares. State Of Wisconsin Board invested in 450,057 shares. Bender Robert Assoc holds 2.26% or 23,311 shares.

Since February 12, 2018, it had 0 insider purchases, and 7 selling transactions for $3.57 million activity. (NASDAQ:ISRG) shares with value of $420,006 were sold by RUBASH MARK J. Shares for $580,535 were sold by Samath Jamie on Tuesday, October 24. (NASDAQ:CHRW) or 5,190 shs on Tuesday, February 27. Vident Investment Advisory LLC's holdings in C. H. Robinson were worth $698,000 at the end of the most recent quarter. (NASDAQ:CHRW) was sold by OBRIEN CHRIS on Monday, February 12. Barclays Capital maintained C.H. Robinson Worldwide, Inc. Finally, Zacks Investment Research raised C. H. Robinson from a "hold" rating to a "buy" rating and set a $103.00 target price on the stock in a report on Tuesday, February 6th. Therefore 21% are positive. BidaskClub upgraded shares of C. H. Robinson from a buy rating to a strong-buy rating in a research note on Thursday, March 22nd. Cowen & Co upgraded the stock to "Outperform" rating in Monday, October 16 report. The Manufacturers Life Insurance Company grew its stake in C. H. Robinson by 603.6% during the 4th quarter. Bank of America maintained it with "Buy" rating and $750 target in Wednesday, April 20 report. Citigroup upgraded C. H. Robinson from a neutral rating to a buy rating in a research note on Thursday, January 4th. The acquisition of Milgram & Company, completed in August 2017, is likely to boost the company's global presence and will be accretive this year. Kass Jordan T also sold $155,276 worth of C.H. Robinson Worldwide, Inc. The stock rating was maintained by KeyBanc Capital Markets with "Buy" on Tuesday, December 19. The company was upgraded on Tuesday, September 5 by UBS. The company was downgraded on Friday, August 28 by Zacks. The stock has "Neutral" rating by M Partners on Tuesday, November 10.

In other C. H. Robinson news, insider James Lemke sold 4,346 shares of C. H. Robinson stock in a transaction that occurred on Thursday, February 15th.

Investors sentiment decreased to 0.94 in Q4 2017. Its up 11.44, from 1.04 in 2017Q3. It increased, as 46 investors sold MA shares while 492 reduced holdings. 57 funds opened positions while 110 raised stakes. 764.78 million shares or 1.94% less from 779.91 million shares in 2017Q3 were reported. 2,548 are owned by Freestone Capital Hldgs Ltd Liability. 6,800 were accumulated by Cadinha Ltd Limited Liability Company. Shareholders of record on Friday, March 3rd will be given a dividend of $0.45 per share. Crestwood Mngmt Limited Partnership invested in 58,320 shares or 5.39% of the stock. Following the sale, the insider now directly owns 23,149 shares in the company, valued at $2,103,086.65. Huber Capital reported 25,950 shares. Retirement Of Alabama reported 67,557 shares. Bnp Paribas Asset Mngmt Hldgs Sa owns 0.02% invested in Intuitive Surgical, Inc. New York-based Shufro Rose & Company Llc has invested 0.2% in Symantec Corporation (NASDAQ:SYMC). Berkshire Hathaway has 0.39% invested in Mastercard Incorporated (NYSE:MA). Ftb Inc holds 0% or 169 shares. 109,882 are owned by Pnc Fincl Services Gru Incorporated. Shares for $3.63M were sold by Rencher Bradley. $487,991 worth of C.H. Robinson Worldwide, Inc. Jefferies maintained it with "Buy" rating and $170.0 target in Tuesday, January 16 report.

Johnson Investment Counsel Inc, which manages about $8.19B and $4.00B US Long portfolio, upped its stake in Deluxe Corporation (NYSE:DLX) by 4,700 shares to 14,113 shares, valued at $1.08M in 2017Q4, according to the filing.

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