C.H. Robinson Worldwide, Inc. (CHRW) Stock Formed Double Top Chart Pattern

June 29, 2018 - By Madeline Delgado

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

Big Money Sentiment decreased to 0.75 in Q1 2018. It has change of 0.19, from 2017Q4’s 0.94. The ratio worsened due to C.H. Robinson Worldwide, Inc. positioning: 49 sold and 170 reduced. 51 funds acquired positions and 113 increased positions. Investors holded 128.71 million in 2017Q4 but now own 123.22 million shares or 4.26% less.
Arizona State Retirement owns 97,480 shs. Clarkston Capital Prtn Lc owns 1.27M shs. Howe Rusling holds 0% of its capital in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) for 220 shs. Amalgamated Retail Bank stated it has 20,323 shs or 0.05% of all its holdings. Meristem Ltd Liability Partnership holds 5,609 shs. Oppenheimer Asset Mgmt has invested 0.05% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Two Sigma Limited Co holds 3,051 shs. Willingdon Wealth Mgmt has invested 0.01% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Moreover, Foyston Gordon And Payne has 1.47% invested in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) for 81,363 shs. Cap Financial Advisers Ltd Co accumulated 153,080 shs or 0.11% of the stock. Fjarde Ap invested in 0.06% or 44,958 shs. Los Angeles Capital Mgmt And Equity Research has 0.07% invested in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Sandy Spring Natl Bank owns 129 shs for 0% of their capital. Fmr Ltd Limited Liability Company holds 3.77 million shs. Rech And Mgmt holds 200 shs.

C.H. Robinson Worldwide, Inc. registered $3.57 million net activity with 0 insider buys and 7 insider sales since February 12, 2018. LEMKE JAMES also sold $403,092 worth of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) on Thursday, February 15. On Tuesday, February 27 the insider Campbell Ben G sold $1.41 million. The insider Biesterfeld Robert C Jr sold 7,047 shs worth $662,240. On Tuesday, February 13 the insider Kass Jordan T sold $155,276. OBRIEN CHRIS also sold $355,113 worth of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) on Monday, February 12. $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.

CHRW touched $84.64 during the last trading session after $1.11 change.C.H. Robinson Worldwide, Inc. has volume of 316,122 shares. Since June 29, 2017 CHRW has risen 29.92% and is uptrending. CHRW outperformed by 17.35% the S&P500.

On July, 18 C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)’s earnings release is awaited by WallStreet, RTT reports. Analysts forecast $1.06 earnings per share, which is $0.28 up or 35.90 % from 2017’s $0.78 earnings per share. This could be $147.59 million profit for CHRW assuming the current $1.06 earnings per share will become reality. Wall Street now forecasts 4.95 % EPS growth despite C.H. Robinson Worldwide, Inc. previous quarter’s EPS of $1.01.

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

In total 11 analysts cover CH Robinson (NASDAQ:CHRW). “Buy” rating has 5, “Sell” are 2, while 4 are “Hold”. (NASDAQ:CHRW) has 45% bullish analysts. With $115.0 highest and $68 lowest target price, CH Robinson has $95 average target price or 12.24% above the current ($84.64) price. 18 are the (NASDAQ:CHRW)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. On Tuesday, June 19 the company was maintained by Stifel Nicolaus. On Wednesday, January 31 BMO Capital Markets maintained C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) rating. BMO Capital Markets has “Hold” rating and $96.0 target. On Monday, April 16 the rating was maintained by Susquehanna with “Hold”. On Friday, February 2 the firm has “Underweight” rating by Morgan Stanley given. On Wednesday, January 10 Cowen & Co maintained C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) with “Buy” rating. On Wednesday, January 24 the stock of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has “Buy” rating given by KeyBanc Capital Markets. On Wednesday, January 31 Robert W. Baird maintained C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) with “Hold” rating. The company rating was upgraded by UBS on Monday, April 16. On Thursday, May 3 the rating was maintained by Credit Suisse with “Sell”. On Friday, April 6 the rating was maintained by Morgan Stanley with “Underweight”.

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

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

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