What’s Next for C.H. Robinson Worldwide Inc (NASDAQ:CHRW) After Having Less Shares Shorted?

June 27, 2018 - By Adrian Mccoy

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

Investors sentiment decreased to 0.75 in 2018 Q1. Its down 0.19, from 0.94 in 2017Q4. It is negative, as 49 investors sold C.H. Robinson Worldwide, Inc. 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.
Ls Advsrs Lc holds 0.04% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) or 6,515 shares. Seizert Cap Prtn Ltd Liability Corporation owns 747,374 shares or 2.55% of their US portfolio. Numerixs Investment Techs Incorporated owns 500 shares for 0.01% of their portfolio. State Treasurer State Of Michigan reported 41,129 shares. Parkside Fin Bancshares Tru reported 23 shares. Utah Retirement System invested 0.05% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Aviva Public Lc has invested 0.04% of its portfolio in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). New Mexico Educational Retirement Board holds 0.05% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) or 13,329 shares. Nuveen Asset Management Ltd Co has 0% invested in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). 35,915 were accumulated by Amp Cap Invsts Ltd. 493,200 are owned by Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mgmt Corporation. Td Asset Mgmt owns 597,497 shares. Utd Services Automobile Association reported 47,524 shares. Aperio Ltd Limited Liability Company holds 118,465 shares or 0.06% of its portfolio. Synovus Fincl reported 149 shares.

Since February 12, 2018, it had 0 insider purchases, and 7 selling transactions for $3.57 million activity. 7,047 shares were sold by Biesterfeld Robert C Jr, worth $662,240. Another trade for 1,700 shares valued at $155,276 was sold by Kass Jordan T. Shares for $94,619 were sold by Freeman Angela K.. LEMKE JAMES also sold $403,092 worth of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) on Thursday, February 15. OBRIEN CHRIS had sold 3,909 shares worth $355,113 on Monday, February 12. 15,006 C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) shares with value of $1.41M were sold by Campbell Ben G.

The stock of C.H. Robinson Worldwide Inc (NASDAQ:CHRW) registered a decrease of 8.06% in short interest. CHRW’s total short interest was 12.97M shares in June as published by FINRA. Its down 8.06% from 14.10 million shares, reported previously. With 1.54M shares average volume, it will take short sellers 8 days to cover their CHRW’s short positions. The short interest to C.H. Robinson Worldwide Inc’s float is 9.34%.

The stock decreased 0.57% or $0.48 during the last trading session, reaching $84.41. About 22,248 shares traded. C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has risen 29.92% since June 27, 2017 and is uptrending. It has outperformed by 17.35% the S&P500.

C.H. Robinson Worldwide, Inc., a third party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. The company has market cap of $11.75 billion. The firm operates through North American Surface Transportation, Global Forwarding, and Robinson Fresh divisions. It has a 22.69 P/E ratio. It offers transportation and logistics services, such as truckload comprising time-definite and expedited truck transportation services; less than truckload services; intermodal transportation, which is shipment service of freight in trailers or containers by a combination of truck and rail; and non-vessel ocean common carrier or freight forwarding services, as well as organizes air shipments and provides door-to-door services.

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

Among 11 analysts covering CH Robinson (NASDAQ:CHRW), 5 have Buy rating, 2 Sell and 4 Hold. Therefore 45% are positive. CH Robinson has $115.0 highest and $68 lowest target. $95’s average target is 12.55% above currents $84.41 stock price. CH Robinson had 18 analyst reports since January 4, 2018 according to SRatingsIntel. Robert W. Baird maintained it with “Hold” rating and $10000 target in Tuesday, April 10 report. The rating was maintained by Stephens with “Buy” on Monday, January 8. The firm earned “Hold” rating on Monday, April 16 by Susquehanna. The rating was upgraded by Credit Suisse to “Hold” on Tuesday, January 16. The stock of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) earned “Hold” rating by Robert W. Baird on Wednesday, January 31. The rating was maintained by KeyBanc Capital Markets on Wednesday, January 24 with “Buy”. The rating was maintained by Susquehanna on Wednesday, January 31 with “Hold”. The company was maintained on Wednesday, January 31 by BMO Capital Markets. The rating was upgraded by UBS to “Buy” on Monday, April 16. The stock of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has “Sell” rating given on Thursday, May 3 by Credit Suisse.

More news for C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) were recently published by: Globenewswire.com, which released: “Report: Exploring Fundamental Drivers Behind Chegg, CH Robinson Worldwide, Republic Services, CorMedix …” on June 26, 2018. Fool.com‘s article titled: “Will Landstar Earnings Continue to Rise in the Back Half of 2018?” and published on June 20, 2018 is yet another important article.

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

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