C.H. Robinson Worldwide, Inc. Has Another Very Positive Options Trading Session

 C.H. Robinson Worldwide, Inc. Has Another Very Positive Options Trading Session

In today’s session C.H. Robinson Worldwide, Inc. (CHRW) registered an unusually high (578) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the February, 2017 call, expecting serious CHRW increase. With 578 contracts traded and 794 open interest for the Feb, 17 contract, it seems this is a quite bullish bet. The option with symbol: CHRW170217C00080000 closed last at: $0.45 or 25% down. The stock increased 0.24% or $0.18 on November 23, hitting $74.12. About 1.07M shares traded hands. C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has declined 0.59% since April 22, 2016 and is downtrending. It has underperformed by 6.00% the S&P500.

Analysts await C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) to report earnings on February, 7. They expect $0.84 EPS, down 4.55% or $0.04 from last year’s $0.88 per share. CHRW’s profit will be $118.32 million for 22.06 P/E if the $0.84 EPS becomes a reality. After $0.90 actual EPS reported by C.H. Robinson Worldwide, Inc. for the previous quarter, Wall Street now forecasts -6.67% negative EPS growth.

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

Out of 17 analysts covering C.H. Robinson Worldwide (NASDAQ:CHRW), 5 rate it a “Buy”, 4 “Sell”, while 8 “Hold”. This means 29% are positive. C.H. Robinson Worldwide has been the topic of 39 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The company was downgraded on Monday, July 18 by Raymond James. The stock of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has “Buy” rating given on Wednesday, September 2 by Zacks. The firm has “Sell” rating given on Monday, July 11 by UBS. The rating was downgraded by Zacks on Thursday, August 20 to “Buy”. The stock of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) earned “Outperform” rating by Wolfe Research on Wednesday, September 2. On Monday, March 7 the stock rating was downgraded by BMO Capital Markets to “Market Perform”. Evercore initiated the shares of CHRW in a report on Wednesday, August 19 with “Buy” rating. The rating was initiated by FinnCap on Wednesday, August 19 with “”. Raymond James upgraded the stock to “Outperform” rating in Thursday, February 4 report. The stock of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) earned “Overweight” rating by Barclays Capital on Wednesday, July 27.

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 1.08 in Q2 2016. Its down 0.08, from 1.16 in 2016Q1. The ratio fall, 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.
Next Fincl Group holds 0.1% or 4,131 shares in its portfolio. First Midwest Bank Trust Division accumulated 0.31% or 33,919 shares. Diam has invested 0.02% of its portfolio in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Cambridge Invest Rech Advsrs has invested 0.53% of its portfolio in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Moreover, Pinebridge Investments Limited Partnership has 0.02% invested in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) for 4,769 shares. First Business Service reported 5,104 shares or 0.1% of all its holdings. United Services Automobile Association holds 0.03% or 108,884 shares in its portfolio. The New York-based Clearbridge Investments Limited Liability has invested 0.18% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Profund Advisors Ltd Llc holds 0.02% of its portfolio in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) for 4,184 shares. Savings Bank Of Montreal Can holds 0.05% or 618,114 shares in its portfolio. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mgmt reported 221,600 shares or 0.19% of all its holdings. Moreover, Employees Retirement Of Texas has 0.38% invested in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) for 377,000 shares. Deere reported 6,424 shares or 0.03% of all its holdings. Great West Life Assurance Company Can reported 172,318 shares or 0.05% of all its holdings. Cwm Limited Co holds 1.44% of its portfolio in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) for 266,086 shares.

Insider Transactions: Since November 1, 2016, the stock had 0 buys, and 3 sales for $556,502 net activity. Freeman Angela K. sold 2,175 shares worth $148,371. 5,000 shares with value of $365,351 were sold by LEMKE JAMES on Thursday, November 10. Shares for $42,780 were sold by Biesterfeld Robert C Jr.

C.H. Robinson Worldwide, Inc. is a third-party logistics company. The company has a market cap of $10.44 billion. The Firm provides freight transportation services and logistics solutions to companies of all sizes, in a variety of industries. It has a 20.56 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.

Another recent and important C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) news was published by Nasdaq.com which published an article titled: “C.H. Robinson Worldwide Inc. Profit Declines 7% In Q3” on October 25, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment