Motley Fool Wealth Management LLC lowered its stake in shares of GrubHub Inc (NYSE:GRUB) by 0.2% during the first quarter, HoldingsChannel.com reports. The firm owned 118,515 shares of the information services provider’s stock after selling 270 shares during the period. Motley Fool Wealth Management LLC’s holdings in GrubHub were worth $8,233,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of GRUB. Pelham Capital Ltd. raised its stake in shares of GrubHub by 17.1% in the 4th quarter. Pelham Capital Ltd. now owns 2,277,607 shares of the information services provider’s stock valued at $174,943,000 after acquiring an additional 332,443 shares during the period. Kayne Anderson Rudnick Investment Management LLC increased its stake in GrubHub by 40.9% during the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 46,170 shares of the information services provider’s stock worth $3,546,000 after buying an additional 13,400 shares during the period. LS Investment Advisors LLC purchased a new stake in GrubHub during the 4th quarter worth $64,000. Toronto Dominion Bank purchased a new stake in GrubHub during the 4th quarter worth $936,000. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp purchased a new stake in GrubHub during the 4th quarter worth $1,750,000.
In other news, insider Samuel Pike Hall sold 2,818 shares of GrubHub stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $75.00, for a total value of $211,350.00. Following the completion of the transaction, the insider now directly owns 940 shares of the company’s stock, valued at approximately $70,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Matthew M. Maloney purchased 15,416 shares of the firm’s stock in a transaction dated Tuesday, April 30th. The stock was acquired at an average cost of $64.87 per share, with a total value of $1,000,035.92. Following the completion of the acquisition, the chief executive officer now directly owns 13,621 shares in the company, valued at approximately $883,594.27. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 3,544 shares of company stock valued at $266,221. 1.88% of the stock is owned by company insiders.
Shares of GRUB stock opened at $62.01 on Friday. The firm has a market cap of $5.80 billion, a price-to-earnings ratio of 50.41, a P/E/G ratio of 3.46 and a beta of 1.18. The company has a quick ratio of 1.63, a current ratio of 1.51 and a debt-to-equity ratio of 0.28. GrubHub Inc has a 1-year low of $60.53 and a 1-year high of $149.35.
GrubHub (NYSE:GRUB) last announced its quarterly earnings data on Thursday, April 25th. The information services provider reported $0.30 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.11 by $0.19. The company had revenue of $323.77 million during the quarter, compared to analyst estimates of $322.23 million. GrubHub had a net margin of 4.97% and a return on equity of 6.14%. The firm’s revenue for the quarter was up 39.2% compared to the same quarter last year. During the same period last year, the business earned $0.52 EPS. Equities analysts forecast that GrubHub Inc will post 0.79 earnings per share for the current fiscal year.
GRUB has been the topic of several analyst reports. ValuEngine downgraded shares of GrubHub from a “buy” rating to a “hold” rating in a research note on Tuesday, January 22nd. Barclays dropped their price target on shares of GrubHub from $72.00 to $68.00 and set an “underweight” rating on the stock in a research note on Friday, February 8th. Credit Suisse Group raised shares of GrubHub from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $125.00 to $130.00 in a research note on Monday, January 28th. Stifel Nicolaus reaffirmed a “buy” rating and set a $110.00 price target on shares of GrubHub in a research note on Friday, April 12th. Finally, Zacks Investment Research downgraded shares of GrubHub from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 13th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $115.68.
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Grubhub Inc, together with its subsidiaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the United States. The company connects approximately 105,000 local restaurants with diners with diners in various cities. It offers Grubhub, Seamless, and Eat24 mobile applications and mobile Websites; and operates Websites through grubhub.com, seamless.com, eat24.com, and menupages.com.
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