What’s in C.H. Robinson Worldwide, Inc. After Today’s Bullish Options Activity?

 What's in C.H. Robinson Worldwide, Inc. After Today's Bullish Options Activity?

In today’s session C.H. Robinson Worldwide, Inc. (CHRW) registered an unusually high (410) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious CHRW increase. With 410 contracts traded and 17434 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: CHRW161118C00070000 closed last at: $0.35 or 40% up. About 440,979 shares traded hands. C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has declined 7.83% since March 31, 2016 and is downtrending. It has underperformed by 10.35% the S&P500.

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

Out of 16 analysts covering C.H. Robinson Worldwide (NASDAQ:CHRW), 6 rate it a “Buy”, 4 “Sell”, while 6 “Hold”. This means 38% are positive. C.H. Robinson Worldwide has been the topic of 37 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Zacks given on Friday, August 28. The rating was upgraded by Buckingham Research on Thursday, February 11 to “Buy”. The stock has “Buy” rating given by Stifel Nicolaus on Wednesday, October 26. Zacks downgraded the stock to “Buy” rating in Thursday, August 20 report. BMO Capital Markets downgraded C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) on Monday, March 7 to “Market Perform” rating. The firm earned “Equal-Weight” rating on Thursday, April 28 by Stephens. UBS downgraded the stock to “Sell” rating in Monday, July 11 report. The firm has “Market Perform” rating by Cowen & Co given on Thursday, October 29. The company was initiated on Monday, July 11 by JP Morgan. The stock of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) earned “Buy” rating by BB&T Capital on Monday, September 28.

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 Q2 2016. Its down 0.12, from 1.28 in 2016Q1. The ratio is negative, 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.
Credit Suisse Ag accumulated 0.02% or 284,145 shares. Guardian Life Ins Comm Of America accumulated 0% or 532 shares. Princeton Alpha Mngmt Lp last reported 0.07% of its portfolio in the stock. Matarin Mgmt Ltd Liability Co, a Connecticut-based fund reported 53,193 shares. The Pennsylvania-based Pnc Financial Services Group Inc Incorporated has invested 0.01% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Raymond James accumulated 0.05% or 196,750 shares. State Board Of Administration Of Florida Retirement accumulated 236,231 shares or 0.06% of the stock. Fincl Bank Of New York Mellon Corp last reported 3.34M shares in the company. Cleararc reported 3,456 shares or 0.05% of all its holdings. Shinko Asset Mgmt last reported 410 shares in the company. Fifth Third Bank & Trust holds 2,557 shares or 0% of its portfolio. Profund Ltd Com has 4,184 shares for 0.02% of their US portfolio. Citigroup accumulated 14,670 shares or 0% of the stock. Freestone Lc holds 0.21% of its portfolio in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) for 28,667 shares. Arcadia Invest Corp Mi has 56 shares for 0% of their US portfolio.

Insider Transactions: Since May 6, 2016, the stock had 0 insider buys, and 1 sale for $160,928 net activity. Biesterfeld Robert C Jr had sold 2,405 shares worth $174,731. 2,200 C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) shares with value of $160,928 were sold by Freeman Angela K..

C.H. Robinson Worldwide, Inc. is a third-party logistics company. The company has a market cap of $9.84 billion. The Firm provides freight transportation services and logistics solutions to companies of all sizes, in a variety of industries. It has a 19.05 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.

More recent C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) news were published by: Nasdaq.com which released: “C.H. Robinson Worldwide Inc. Profit Declines 7% In Q3” on October 25, 2016. Also Benzinga.com published the news titled: “Benzinga’s Top Initiations” on November 02, 2016. Nasdaq.com‘s news article titled: “C.H. Robinson Worldwide Enters Oversold Territory” with publication date: October 26, 2016 was also an interesting one.

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