Speece Thorson Capital Group Inc. and
Studio Investment Management LLC have increased their stock positions in
C.H. Robinson Worldwide, Inc. (CHRW), while
Northern Trust Corp and
Shell Asset Management Co. have reduced their holdings. Amid this, CHRW appointed a new Chief Financial Officer,
Damon Lee. Despite underperforming in relation to competitors on various occasions, the company's stock outperformed competitors on certain days due to its strong trading. However, some experts suggest it is not a good time to buy CHRW for its upcoming dividend. Yet, the company has seen a 4.9% uptick since its last earnings report. The company's challenges persist amidst strategic adjustments, even as it managed to top Q1 earnings and revenue estimates. Analysts at
Wells Fargo & Company have now begun covering CHRW. However, the company is given an average recommendation of 'Reduce' by brokerages. The company continues to strengthen its AI-driven logistics solutions and has undertaken recent reorganization efforts. Despite some setbacks in its Q4 earnings, CHRW has maintained its dividend of $0.61. It is rated 'Neutral' by
UBS Group and has seen a short Interest increase of 6.3%.
CH Robinson Worldwide CHRW News Analytics from Mon, 18 Dec 2023 14:21:04 GMT to Sun, 16 Jun 2024 14:18:55 GMT -
Rating -2
- Innovation -4
- Information 6
- Rumor -6
