C H Robinson Worldwide INC (CHRW) Shareholder Clarkston Capital Partners LLC Has Cut Its Stake

September 8, 2018 - By Robert Shackelford

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) LogoInvestors sentiment decreased to 0.75 in Q1 2018. Its down 0.19, from 0.94 in 2017Q4. It worsened, as 49 investors sold CHRW shares while 170 reduced holdings. 51 funds opened positions while 113 raised stakes. 123.22 million shares or 4.26% less from 128.71 million shares in 2017Q4 were reported. 27,846 were reported by Hightower Advsrs Limited Liability. Laurion Management Limited Partnership holds 0% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) or 2,328 shares. Exxonmobil Investment Mngmt Tx stated it has 0.06% of its portfolio in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Axa holds 497,586 shares or 0.19% of its portfolio. Robeco Institutional Asset Mgmt Bv accumulated 222,782 shares. Stratos Wealth Prtn Ltd invested in 0.01% or 2,014 shares. Macquarie Gru Limited has invested 0% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Northern Tru Corporation accumulated 1.71 million shares. 18,130 were reported by National Bank & Trust Of Nova Scotia. Comerica Bancshares invested 0.02% of its portfolio in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Palisade Asset Mgmt Ltd reported 48,584 shares stake. D E Shaw holds 0% or 27,692 shares. Prelude Cap Mgmt Ltd Liability Corp has 0% invested in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Loring Wolcott And Coolidge Fiduciary Advsr Limited Liability Partnership Ma reported 0.01% stake. Qs Invsts Limited Liability Corporation accumulated 1,681 shares or 0% of the stock.

Clarkston Capital Partners Llc decreased its stake in C H Robinson Worldwide Inc (CHRW) by 8.14% based on its latest 2018Q1 regulatory filing with the SEC. Clarkston Capital Partners Llc sold 112,245 shares as the company’s stock declined 6.76% with the market. The institutional investor held 1.27M shares of the transportation company at the end of 2018Q1, valued at $118.70 million, down from 1.38 million at the end of the previous reported quarter. Clarkston Capital Partners Llc who had been investing in C H Robinson Worldwide Inc for a number of months, seems to be less bullish one the $13.36 billion market cap company. The stock decreased 0.78% or $0.76 during the last trading session, reaching $96.44. About 533,405 shares traded. C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has risen 29.92% since September 8, 2017 and is uptrending. It has outperformed by 17.35% the S&P500.

Clarkston Capital Partners Llc, which manages about $457.76 million and $2.56 billion US Long portfolio, upped its stake in Nielsen Hldgs Plc by 1.45M shares to 1.68M shares, valued at $53.34 million in 2018Q1, according to the filing. It also increased its holding in General Electric Co (NYSE:GE) by 959,565 shares in the quarter, for a total of 3.51M shares, and has risen its stake in Western Un Co (NYSE:WU).

Analysts await C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) to report earnings on October, 30. They expect $1.16 EPS, up 36.47 % or $0.31 from last year’s $0.85 per share. CHRW’s profit will be $160.71M for 20.78 P/E if the $1.16 EPS becomes a reality. After $1.13 actual EPS reported by C.H. Robinson Worldwide, Inc. for the previous quarter, Wall Street now forecasts 2.65 % EPS growth.

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

Among 12 analysts covering C.H. Robinson Worldwide (NASDAQ:CHRW), 5 have Buy rating, 2 Sell and 5 Hold. Therefore 42% are positive. C.H. Robinson Worldwide had 16 analyst reports since April 6, 2018 according to SRatingsIntel. The company was downgraded on Friday, May 4 by Stephens. JP Morgan upgraded C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) on Wednesday, July 11 to “Neutral” rating. Robert W. Baird maintained the stock with “Hold” rating in Tuesday, April 10 report. BMO Capital Markets maintained C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) on Thursday, August 2 with “Market Perform” rating. The rating was maintained by KeyBanc Capital Markets on Thursday, August 2 with “Overweight”. The firm has “Underweight” rating by Morgan Stanley given on Friday, April 6. Stifel Nicolaus maintained C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) on Friday, August 3 with “Buy” rating. The rating was maintained by Susquehanna on Monday, April 16 with “Hold”. The company was maintained on Wednesday, August 1 by Bank of America. Credit Suisse maintained it with “Sell” rating and $8000 target in Thursday, May 3 report.

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

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