Amundi Increases Stake in C. H. Robinson Worldwide
1 report, 1 independent
Updated Sun 00:00
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What happened
Amundi grew its stake in C. H. Robinson Worldwide during the first quarter. The firm now owns 338,574 shares of the transportation company’s stock, valued at $56,227,000, after purchasing an additional 67,108 shares in the last quarter, according to reports.
From tickerreport.com
Why it matters
The increased investment by Amundi signals institutional interest in the transportation and logistics industry. Other large investors have also recently bought and sold shares of C. H. Robinson Worldwide.
From tickerreport.com
Who's involved
- AmundiInstitutional investor that increased its ownership stake in C. H. Robinson Worldwide
- C. H. Robinson WorldwideAmerican transportation and logistics company whose stock saw increased institutional buying
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The entities involved
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Amundi
French subsidiary jointly created by Crédit Agricole and Société Générale
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C. H. Robinson Worldwide
American transportation and logistics company