Virtus Investment Advisers Increases Position in C H Robinson Worldwide (CHRW); Driehaus Capital Management Has Cut Stake in Wabco Holdings (WBC) as Stock Value Declined

May 18, 2018 - By Migdalia James

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

Richard Driehaus decreased its stake in Wabco Holdings Inc (WBC) by 35.4% based on its latest 2017Q4 regulatory filing with the SEC. Driehaus Capital Management Llc sold 5,366 shares as the company’s stock declined 8.19% with the market. The hedge fund run by Richard Driehaus held 9,791 shares of the auto manufacturing company at the end of 2017Q4, valued at $1.41 million, down from 15,157 at the end of the previous reported quarter. Driehaus Capital Management Llc who had been investing in Wabco Holdings Inc for a number of months, seems to be less bullish one the $6.98B market cap company. The stock increased 0.64% or $0.83 during the last trading session, reaching $130.23. About 40,315 shares traded. WABCO Holdings Inc. (NYSE:WBC) has risen 13.56% since May 18, 2017 and is uptrending. It has outperformed by 2.01% the S&P500.




Virtus Investment Advisers Inc increased its stake in C H Robinson Worldwide Inc (CHRW) by 540.17% based on its latest 2017Q4 regulatory filing with the SEC. Virtus Investment Advisers Inc bought 18,355 shares as the company’s stock rose 3.22% while stock markets declined. The institutional investor held 21,753 shares of the transportation company at the end of 2017Q4, valued at $892,000, up from 3,398 at the end of the previous reported quarter. Virtus Investment Advisers Inc who had been investing in C H Robinson Worldwide Inc for a number of months, seems to be bullish on the $12.20B market cap company. The stock decreased 0.09% or $0.079 during the last trading session, reaching $87.481. About 124,566 shares traded. C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has risen 18.88% since May 18, 2017 and is uptrending. It has outperformed by 7.33% the S&P500.

More recent C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) news were published by: Nasdaq.com which released: “Analysis: Positioning to Benefit within Entergy, Schneider National, CH Robinson Worldwide, PTC Therapeutics, Guess …” on May 09, 2018. Also Businesswire.com published the news titled: “CH Robinson to Participate in the Bank of America Merrill Lynch 2018 Transportation and the 2018 Wolfe Research …” on May 08, 2018. Businesswire.com‘s news article titled: “CH Robinson Worldwide Declares Quarterly Cash Dividend and Increases Share Repurchase Authorization” with publication date: May 10, 2018 was also an interesting one.

Among 23 analysts covering C.H. Robinson Worldwide (NASDAQ:CHRW), 9 have Buy rating, 3 Sell and 11 Hold. Therefore 39% are positive. C.H. Robinson Worldwide had 93 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Monday, July 11 by UBS. The rating was maintained by Robert W. Baird with “Hold” on Thursday, September 14. The company was upgraded on Wednesday, September 2 by Zacks. The company was upgraded on Monday, October 16 by Cowen & Co. Stifel Nicolaus maintained C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) on Thursday, October 5 with “Hold” rating. The rating was maintained by Credit Suisse with “Sell” on Thursday, October 12. The stock of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has “Hold” rating given on Monday, January 8 by Susquehanna. Zacks downgraded the shares of CHRW in report on Friday, August 28 to “Buy” rating. The rating was downgraded by BMO Capital Markets on Monday, March 7 to “Market Perform”. JP Morgan initiated C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) rating on Monday, July 11. JP Morgan has “Underweight” rating and $66 target.

Investors sentiment decreased to 0.94 in 2017 Q4. Its down 0.07, from 1.01 in 2017Q3. It dropped, as 38 investors sold CHRW shares while 160 reduced holdings. 71 funds opened positions while 116 raised stakes. 128.71 million shares or 0.35% less from 129.16 million shares in 2017Q3 were reported. 2,542 were reported by Novare Limited Com. Hightower Advsrs Limited Company, Illinois-based fund reported 30,964 shares. Aqr Cap Ltd Co invested in 525,786 shares. Bb&T Securities Ltd Com accumulated 2,294 shares. Gradient Lc has invested 0% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Amalgamated Bank & Trust stated it has 18,501 shares. The Ontario – Canada-based Financial Bank Of Nova Scotia has invested 0.01% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Whittier Trust stated it has 0% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Lenox Wealth Advsrs stated it has 0.02% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Utah Retirement owns 26,068 shares. Virtu Limited Liability Company reported 4,831 shares or 0.02% of all its holdings. Rodgers Brothers Inc reported 7,800 shares or 0.23% of all its holdings. Foyston Gordon And Payne holds 88,050 shares. Captrust Finance accumulated 0.01% or 1,988 shares. 50,218 were accumulated by Autus Asset Mngmt Lc.

Virtus Investment Advisers Inc, which manages about $40.49B and $917.75 million US Long portfolio, decreased its stake in Align Technology Inc (NASDAQ:ALGN) by 4,125 shares to 14,559 shares, valued at $3.24M in 2017Q4, according to the filing. It also reduced its holding in Boeing Co (NYSE:BA) by 5,702 shares in the quarter, leaving it with 18,376 shares, and cut its stake in United Contl Hldgs Inc (NYSE:UAL).

Since February 12, 2018, it had 0 insider purchases, and 7 insider sales for $3.57 million activity. $1.41M worth of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) was sold by Campbell Ben G. OBRIEN CHRIS also sold $355,113 worth of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) on Monday, February 12. $662,240 worth of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) shares were sold by Biesterfeld Robert C Jr. LINDBLOOM CHAD also sold $487,991 worth of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) on Tuesday, February 27. 4,346 shares were sold by LEMKE JAMES, worth $403,092. $94,619 worth of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) was sold by Freeman Angela K..

Investors sentiment decreased to 1.24 in 2017 Q4. Its down 0.26, from 1.5 in 2017Q3. It is negative, as 30 investors sold WBC shares while 102 reduced holdings. 58 funds opened positions while 106 raised stakes. 50.47 million shares or 2.88% less from 51.96 million shares in 2017Q3 were reported. Institute For Wealth Mngmt Ltd Liability Corp holds 0.08% of its portfolio in WABCO Holdings Inc. (NYSE:WBC) for 2,395 shares. Winfield Associate Incorporated owns 0% invested in WABCO Holdings Inc. (NYSE:WBC) for 20 shares. Stone Ridge Asset Mngmt Ltd Co reported 5,114 shares stake. Great West Life Assurance Can holds 0.01% or 16,571 shares in its portfolio. Deroy Devereaux Private Counsel owns 12,665 shares for 0.19% of their portfolio. Moreover, Barrow Hanley Mewhinney Strauss Lc has 0% invested in WABCO Holdings Inc. (NYSE:WBC). Brown Brothers Harriman And invested 0% of its portfolio in WABCO Holdings Inc. (NYSE:WBC). 93,923 were accumulated by Credit Suisse Ag. Lenox Wealth Advsr Inc invested 0% of its portfolio in WABCO Holdings Inc. (NYSE:WBC). Prudential Financial has 0% invested in WABCO Holdings Inc. (NYSE:WBC). Greenleaf invested 0% in WABCO Holdings Inc. (NYSE:WBC). Genesee Valley Trust Com holds 2,726 shares or 0.16% of its portfolio. Utah Retirement holds 0.03% of its portfolio in WABCO Holdings Inc. (NYSE:WBC) for 9,366 shares. Capstone Invest Advsrs Ltd Liability Company owns 7,362 shares. Mckinley Management Limited Liability Corporation Delaware stated it has 82,660 shares or 0.6% of all its holdings.

Since March 1, 2018, it had 0 insider buys, and 2 selling transactions for $254,248 activity. On Tuesday, March 6 Rens Nick sold $140,090 worth of WABCO Holdings Inc. (NYSE:WBC) or 1,000 shares.

Driehaus Capital Management Llc, which manages about $12.71B and $2.64 billion US Long portfolio, upped its stake in Mesabi Trust (NYSE:MSB) by 40,196 shares to 54,964 shares, valued at $1.38M in 2017Q4, according to the filing. It also increased its holding in Global Blood Therapeutics In by 84,275 shares in the quarter, for a total of 248,629 shares, and has risen its stake in Vale Sa (NYSE:VALE).

More notable recent WABCO Holdings Inc. (NYSE:WBC) news were published by: Streetinsider.com which released: “Australia’s Westpac hires complaints head amid damaging inquiry” on May 18, 2018, also Streetinsider.com with their article: “Australia’s banks face year of reckoning as inquiry shreds trust” published on May 16, 2018, Globenewswire.com published: “WABCO Extends Long-Term Agreement with a Major Global Manufacturer of Trucks and Buses to Supply Air …” on May 03, 2018. More interesting news about WABCO Holdings Inc. (NYSE:WBC) were released by: Seekingalpha.com and their article: “WABCO Holdings’ (WBC) CEO, Jacques Esculier on Q1 2018 Results – Earnings Call Transcript” published on April 19, 2018 as well as Seekingalpha.com‘s news article titled: “WABCO Holdings beats Q1 estimates” with publication date: April 19, 2018.

Among 21 analysts covering WABCO Holdings (NYSE:WBC), 14 have Buy rating, 1 Sell and 6 Hold. Therefore 67% are positive. WABCO Holdings had 69 analyst reports since September 1, 2015 according to SRatingsIntel. The rating was upgraded by Bank of America on Thursday, February 2 to “Buy”. The firm has “Buy” rating by Robert W. Baird given on Monday, April 16. The stock has “Buy” rating by RBC Capital Markets on Tuesday, July 18. The firm has “Neutral” rating given on Tuesday, June 28 by Piper Jaffray. The firm earned “Outperform” rating on Friday, October 20 by Robert W. Baird. RBC Capital Markets maintained WABCO Holdings Inc. (NYSE:WBC) rating on Tuesday, April 17. RBC Capital Markets has “Buy” rating and $16500 target. The firm has “Hold” rating given on Wednesday, October 12 by Deutsche Bank. The firm has “Market Perform” rating by BMO Capital Markets given on Friday, January 13. The stock has “Market Outperform” rating by Avondale on Monday, April 25. The stock of WABCO Holdings Inc. (NYSE:WBC) earned “Hold” rating by Vertical Research on Monday, October 23.

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

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