C.H. Robinson Worldwide, Inc. (CHRW) Forms $85.59 Double Top; 8 Analysts Bullish Webster Financial (WBS)

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

C.H. Robinson Worldwide, Inc. (CHRW) formed double top with $90.73 target or 6.00% above today’s $85.59 share price. C.H. Robinson Worldwide, Inc. (CHRW) has $11.92 billion valuation. The stock decreased 3.41% or $3.02 during the last trading session, reaching $85.59. About 1.54 million shares traded or 8.02% up from the average. C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has risen 29.92% since June 26, 2017 and is uptrending. It has outperformed by 17.35% the S&P500. Some Historical CHRW News: 01/05/2018 – C.H. ROBINSON 1Q EPS $1.01; 20/04/2018 – DJ CH Robinson Worldwide Inc, Inst Holders, 1Q 2018 (CHRW); 10/05/2018 – C.H. ROBINSON BOOSTS SHARE BUYBACK AUTHORIZATION; 09/04/2018 – S&PGR Rts C.H. Robinson Sr Unscd Nts ‘BBB+’; 10/04/2018 – C.H. ROBINSON WORLDWIDE INC CHRW.O : BAIRD RAISES TARGET PRICE TO $100 FROM $95; 26/04/2018 – C.H. Robinson Closes Below 50-Day Moving Average: Technicals; 08/05/2018 – C.H. Robinson Launches Rail Service, Connecting China and Europe; 08/05/2018 – C.H. Robinson Launches Trans-Eurasian Rail Service; 26/03/2018 – Moody’s Rates C.H. Robinson’s Senior Unsecured Shelf At (P)Baa2; Outlook Stable; 22/05/2018 – C.H. Robinson Presenting at Conference Tomorrow

Among 19 analysts covering Webster Financial (NYSE:WBS), 8 have Buy rating, 1 Sell and 10 Hold. Therefore 42% are positive. Webster Financial had 60 analyst reports since July 20, 2015 according to SRatingsIntel. As per Friday, May 4, the company rating was maintained by Deutsche Bank. Morgan Stanley maintained it with “Underweight” rating and $59 target in Tuesday, April 24 report. Barclays Capital maintained the stock with “Buy” rating in Tuesday, January 2 report. The firm has “Buy” rating given on Monday, January 18 by Guggenheim. Deutsche Bank maintained the stock with “Hold” rating in Wednesday, November 8 report. The firm earned “Hold” rating on Wednesday, January 24 by Jefferies. Guggenheim upgraded the stock to “Buy” rating in Friday, January 15 report. Wells Fargo maintained Webster Financial Corporation (NYSE:WBS) on Friday, October 20 with “Market Perform” rating. Wood maintained Webster Financial Corporation (NYSE:WBS) rating on Monday, April 24. Wood has “Buy” rating and $58 target. Sandler O’Neill maintained the stock with “Hold” rating in Tuesday, January 23 report. See Webster Financial Corporation (NYSE:WBS) latest ratings:

04/05/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $61 New Target: $64 Maintain
24/04/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $56 New Target: $59 Maintain
23/04/2018 Broker: Piper Jaffray Rating: Hold New Target: $60.0000 Maintain
20/04/2018 Broker: Boenning & Scattergood Rating: Hold Maintain
19/04/2018 Broker: Jefferies Rating: Hold New Target: $63.0000 Maintain
22/03/2018 Broker: UBS Rating: Neutral New Target: $45 Initiates Coverage On
26/02/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $75.0 Maintain
26/01/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $54 New Target: $56 Maintain
24/01/2018 Broker: Jefferies Rating: Hold New Target: $62.0 Maintain
24/01/2018 Broker: Boenning & Scattergood Rating: Hold Maintain

The stock decreased 1.27% or $0.84 during the last trading session, reaching $65.35. About 643,673 shares traded or 31.75% up from the average. Webster Financial Corporation (NYSE:WBS) has risen 29.99% since June 26, 2017 and is uptrending. It has outperformed by 17.42% the S&P500. Some Historical WBS News: 23/04/2018 – DJ Webster Financial Corporation, Inst Holders, 1Q 2018 (WBS); 08/03/2018 – Glancy Prongay & Murray LLP Commences Investigation on Behalf of Webster Financial Corporation (WBS) Investors; 23/04/2018 – WEBSTER FINANCIAL CORP WBS.N : MORGAN STANLEY RAISES TARGET PRICE TO $59 FROM $56; 15/05/2018 – Putnam Investment Buys New 1% Position in Webster Financial; 02/05/2018 – Wells Capital Management Inc. Exits Webster Financial; 22/05/2018 – UNITED FINANCIAL BANCORP INC – EMPLOYEES AT SIX WEBSTER BANK BRANCHES ARE EXPECTED TO JOIN UNITED BANK TEAM:; 19/04/2018 – WEBSTER FINANCIAL 1Q NET INTEREST MARGIN 3.44%; 19/04/2018 – Webster 1Q Net $80.2M; 19/04/2018 – WEBSTER FINANCIAL 1Q EPS 85C, EST. 79C; 22/03/2018 – WEBSTER FINANCIAL CORP WBS.N : UBS STARTS WITH NEUTRAL RATING: TARGET PRICE $58

Webster Financial Corporation operates as the holding firm for Webster Bank, National Association that provides financial services to individuals, families, and businesses in the United States. The company has market cap of $6.02 billion. It operates through four divisions: Commercial Banking, Community Banking, HSA Bank, and Private Banking. It has a 22.53 P/E ratio. The Commercial Banking segment provides lending, deposit, and cash management services to middle market companies; and asset lending, commercial real estate, and equipment finance, as well as treasury and payment services, which include government and institutional banking.

Since January 25, 2018, it had 0 insider buys, and 9 selling transactions for $5.85 million activity. Another trade for 2,917 shares valued at $169,974 was sold by BLEY DANIEL. $147,100 worth of stock was sold by MORRIS DAWN C on Monday, April 23. On Tuesday, February 6 BECKER JOEL S sold $274,565 worth of Webster Financial Corporation (NYSE:WBS) or 5,064 shares. $3.63M worth of Webster Financial Corporation (NYSE:WBS) was sold by SMITH JAMES COPENHAVER on Thursday, April 26. On Friday, May 4 the insider CRAWFORD JOHN JOSEPH sold $244,120. MORSE LAURENCE C had sold 7,400 shares worth $448,514 on Thursday, April 26. Pettie Mark sold $185,415 worth of stock.

Investors sentiment decreased to 0.92 in Q1 2018. Its down 0.24, from 1.16 in 2017Q4. It dived, as 18 investors sold Webster Financial Corporation shares while 97 reduced holdings. 39 funds opened positions while 67 raised stakes. 85.03 million shares or 0.10% less from 85.11 million shares in 2017Q4 were reported. Amp Invsts owns 65,640 shares for 0.02% of their portfolio. First Quadrant Limited Partnership Ca owns 0.02% invested in Webster Financial Corporation (NYSE:WBS) for 14,400 shares. Mason Street Advsr Ltd Liability Company holds 46,264 shares. Brighton Jones Llc holds 14,915 shares or 0.11% of its portfolio. Acadian Asset Lc accumulated 601 shares. Arizona State Retirement Sys reported 0.03% in Webster Financial Corporation (NYSE:WBS). Stratos Wealth Partners Ltd, a Ohio-based fund reported 1,000 shares. Koch Industry holds 0.1% or 17,565 shares. 306,457 are held by Bancshares Of America De. First Advsrs L P, Illinois-based fund reported 60,913 shares. Signaturefd Limited Liability reported 0% in Webster Financial Corporation (NYSE:WBS). Natixis Advsrs Lp has 14,780 shares for 0.01% of their portfolio. Bnp Paribas Arbitrage reported 0% stake. Sg Americas Secs Ltd Liability holds 13,406 shares or 0.01% of its portfolio. Texas Permanent School Fund owns 60,979 shares.

Investors sentiment decreased to 0.75 in Q1 2018. Its down 0.19, from 0.94 in 2017Q4. It fall, as 49 investors sold C.H. Robinson Worldwide, Inc. shares while 170 reduced holdings. 51 funds opened positions while 113 raised stakes. 123.22 million shares or 4.26% less from 128.71 million shares in 2017Q4 were reported. Ny State Teachers Retirement Systems, a New York-based fund reported 237,481 shares. Perkins Cap Mgmt holds 4,550 shares. California Public Employees Retirement Sys owns 514,475 shares. Mariner Ltd Liability Company holds 0.03% or 10,183 shares. Commonwealth State Bank Of Australia owns 17,021 shares. Mutual Of America Management Limited Liability Com has 18,054 shares. Dubuque National Bank & Trust Com has invested 0% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Sun Life invested 0% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Natixis Advisors Limited Partnership holds 29,914 shares. Personal Advsr Corp holds 2,490 shares or 0% of its portfolio. Counsel Ltd reported 0.49% of its portfolio in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). California-based Cap Ca has invested 0.34% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Private Harbour Investment Mgmt & Counsel Limited Company has invested 1.67% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Convergence Inv Partners Ltd Liability Com reported 285 shares. New Mexico Educational Retirement Board reported 0.05% of its portfolio in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW).

Among 23 analysts covering C.H. Robinson Worldwide (NASDAQ:CHRW), 10 have Buy rating, 3 Sell and 10 Hold. Therefore 43% are positive. C.H. Robinson Worldwide has $220 highest and $55 lowest target. $90’s average target is 5.15% above currents $85.59 stock price. C.H. Robinson Worldwide had 94 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Buy” rating by Zacks on Friday, August 28. On Wednesday, January 31 the stock rating was maintained by Susquehanna with “Hold”. The firm has “Buy” rating given on Wednesday, October 11 by KeyBanc Capital Markets. UBS upgraded C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) on Monday, April 16 to “Buy” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Tuesday, June 19. Credit Suisse maintained C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) rating on Thursday, November 2. Credit Suisse has “Underperform” rating and $69 target. Cowen & Co maintained the shares of CHRW in report on Thursday, February 2 with “Market Perform” rating. The stock of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) earned “Hold” rating by Robert W. Baird on Tuesday, April 10. BMO Capital Markets initiated C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) rating on Wednesday, December 9. BMO Capital Markets has “Outperform” rating and $70 target. On Monday, July 11 the stock rating was downgraded by UBS to “Sell”.

Analysts await C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) to report earnings on July, 18. They expect $1.06 EPS, up 35.90% or $0.28 from last year’s $0.78 per share. CHRW’s profit will be $147.59M for 20.19 P/E if the $1.06 EPS becomes a reality. After $1.01 actual EPS reported by C.H. Robinson Worldwide, Inc. for the previous quarter, Wall Street now forecasts 4.95% EPS growth.

Since February 12, 2018, it had 0 insider purchases, and 7 selling transactions for $3.57 million activity. $355,113 worth of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) shares were sold by OBRIEN CHRIS. The insider Freeman Angela K. sold $94,619. $403,092 worth of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) shares were sold by LEMKE JAMES. $1.41M worth of stock was sold by Campbell Ben G on Tuesday, February 27. 5,190 shares were sold by LINDBLOOM CHAD, worth $487,991 on Tuesday, February 27. Kass Jordan T sold $155,276 worth of stock. Biesterfeld Robert C Jr had sold 7,047 shares worth $662,240.

Webster Financial Corporation (NYSE:WBS) Institutional Positions Chart