C.H. Robinson Worldwide, Inc. on Focus After Bullish Options Activity

 C.H. Robinson Worldwide, Inc. on Focus After Bullish Options Activity

In today’s session C.H. Robinson Worldwide, Inc. (CHRW) registered an unusually high (524) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious CHRW increase. With 524 contracts traded and 6594 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: CHRW161021C00070000 closed last at: $0.2 or 75% down. About 118,594 shares traded hands. C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has declined 5.90% since March 16, 2016 and is downtrending. It has underperformed by 11.44% the S&P500.

Analysts await C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) to report earnings on October, 25. They expect $0.97 EPS, up 1.04% or $0.01 from last year’s $0.96 per share. CHRW’s profit will be $138.61M for 17.71 P/E if the $0.97 EPS becomes a reality. After $1.00 actual EPS reported by C.H. Robinson Worldwide, Inc. for the previous quarter, Wall Street now forecasts -3.00% negative EPS growth.

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

Out of 15 analysts covering C.H. Robinson Worldwide (NASDAQ:CHRW), 5 rate it a “Buy”, 4 “Sell”, while 6 “Hold”. This means 33% are positive. $220 is the highest target while $63 is the lowest. The $82.53 average target is 20.10% above today’s ($68.72) stock price. C.H. Robinson Worldwide has been the topic of 36 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The company was initiated on Wednesday, December 9 by BMO Capital Markets. The rating was maintained by Cowen & Co with “Market Perform” on Wednesday, July 29. The stock of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) earned “” rating by FinnCap on Wednesday, August 19. The firm has “Buy” rating given on Monday, September 28 by BB&T Capital. The rating was upgraded by Zacks on Wednesday, August 26 to “Hold”. Goldman Sachs downgraded the stock to “Sell” rating in Wednesday, September 30 report. The rating was initiated by Buckingham Research on Tuesday, December 15 with “Neutral”. The rating was upgraded by UBS on Thursday, January 7 to “Neutral”. The company was maintained on Thursday, April 21 by Buckingham Research. The company was downgraded on Friday, August 28 by Zacks.

According to Zacks Investment Research, “C.H. Robinson Worldwide, Inc., is one of the largest third-party logistics companies in North America. C.H. Robinson is a global provider of multimodal transportation services and logistics solutions, operating through a network of offices in North America, South America and Europe. C.H. Robinson maintains the single largest network of motor carrier capacity in North America through contracts with motor carriers, and is one of the largest third-party providers of intermodal services in the United States. (PRESS RELEASE)”

Insitutional Activity: The institutional sentiment decreased to 1.16 in 2016 Q2. Its down 0.12, from 1.28 in 2016Q1. The ratio worsened, as 49 funds sold all C.H. Robinson Worldwide, Inc. shares owned while 144 reduced positions. 41 funds bought stakes while 182 increased positions. They now own 115.50 million shares or 1.00% less from 116.67 million shares in 2016Q1.
New Amsterdam Prtn Llc Ny, a New York-based fund reported 7,037 shares. Orrstown Fincl Incorporated accumulated 0.03% or 390 shares. First Business Financial Service has 5,104 shares for 0.1% of their US portfolio. Moreover, Lyons Wealth Mgmt Limited Liability Com has 1.28% invested in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) for 11,457 shares. Goldman Sachs holds 0.03% of its portfolio in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) for 1.33M shares. Motley Fool Asset Management has invested 0.74% of its portfolio in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Cadinha & accumulated 0.1% or 6,000 shares. Oregon Public Employees Retirement Fund last reported 0.07% of its portfolio in the stock. Ironwood Inv Counsel Ltd Co holds 18,393 shares or 0.8% of its portfolio. The Australia-based Westpac Banking has invested 0% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). World Asset Mngmt Inc, a Michigan-based fund reported 14,735 shares. Cubist Systematic Strategies Limited Liability Corporation last reported 7,493 shares in the company. Princeton Alpha Mngmt Lp last reported 5,594 shares in the company. The Massachusetts-based Btim Corp has invested 0.09% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). London Of Virginia has 0% invested in the company for 4,580 shares.

Insider Transactions: Since April 29, 2016, the stock had 0 insider buys, and 3 sales for $624,651 net activity. Kass Jordan T had sold 4,076 shares worth $288,992 on Friday, April 29. The insider Biesterfeld Robert C Jr sold 2,405 shares worth $174,731. Freeman Angela K. sold $160,928 worth of stock or 2,200 shares.

C.H. Robinson Worldwide, Inc. is a third-party logistics company. The company has a market cap of $9.82 billion. The Firm provides freight transportation services and logistics solutions to companies of all sizes, in a variety of industries. It has a 18.75 P/E ratio. C.H.

CHRW Company Profile

C.H. Robinson Worldwide, Inc. (C.H. Robinson), incorporated on August 11, 1997, is a third-party logistics company. The Firm provides freight transportation services and logistics solutions to companies of all sizes, in a variety of industries. C.H. Robinson has handled approximately 16.9 million shipments and worked with over 110,000 active customers. It operates through a network of offices in North America, Europe, Asia and South America. The Firm also has developed global transportation and distribution networks to provide transportation and supply chain services worldwide. In addition to transportation, the Company provides sourcing services (Sourcing) through Robinson Fresh (Robinson Fresh). It also arranges the logistics and transportation of the products it sells and provides related supply chain services, such as replenishment, category management and managed procurement services.

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