Renaissance Group LLC Has $289000 Stake in GrubHub Inc (GRUB)

Elizabeth Williams
May 31, 2017

The stock gained 0.21% in total of its share price. Nationwide Fund Advisors now owns 93,947 shares of the information services provider's stock worth $4,039,000 after buying an additional 40,976 shares during the period. The sale was disclosed in a filing with the SEC, which is available through this link. Finally, BlackRock Inc. boosted its stake in GrubHub by 9.2% in the third quarter.

Several analysts have recently commented on GRUB shares. Prudential Financial Inc. raised its stake in GrubHub by 22.5% in the first quarter. Shares are trading -2.64% below their 50-day moving average, and -1.46% below their 200-day moving average. The firm has "Buy" rating by Needham given on Thursday, July 23.

In other GrubHub news, SVP Margo Drucker sold 1,054 shares of GrubHub stock in a transaction on Monday, April 3rd. The stock of GrubHub Inc (NYSE:GRUB) earned "Buy" rating by Bank of America on Thursday, October 13. Global Endowment Management LP boosted its stake in GrubHub by 9.4% in the first quarter. Monness Crespi & Hardt upgraded GrubHub Inc (NYSE:GRUB) on Monday, June 6 to "Buy" rating. The firm had revenue of $156.10 million for the quarter, compared to analyst estimates of $152.97 million. The fund owned 2,343,605 shares of the information services provider's stock after buying an additional 2,217,695 shares during the period. However the company reported $0.23 earnings per share for the same quarter during past year.

Contour Asset Management Llc increased its stake in Grubhub Inc (GRUB) by 182.03% based on its latest 2016Q4 regulatory filing with the SEC. Prudential Financial Inc. now owns 7,300 shares of the information services provider's stock worth $240,000 after buying an additional 1,340 shares during the period. The institutional investor owned 120,219 shares of the information services provider's stock after buying an additional 7,190 shares during the period. Analysts predict that GrubHub Inc will post $1.13 earnings per share for the current year. Cowen and Company restated a "hold" rating on shares of GrubHub in a research note on Sunday, April 30th. If you are accessing this report on another site, it was copied illegally and reposted in violation of United States & global copyright law.

They now have a $47.00 target price on Grubhub Inc (NYSE:GRUB). Finally, Wedbush restated an "outperform" rating and set a $47.00 price target on shares of GrubHub in a report on Monday, March 6th. The stock has "Neutral" rating by Susquehanna on Wednesday, October 28. Zacks Investment Research upgraded GrubHub from a "sell" rating to a "hold" rating and set a $39.00 target price for the company in a research note on Tuesday, April 11th. The stock was sold at an average price of $43.68, for a total transaction of $36,560.16. A total of 2.63 million shares exchanged hands as contrast to its average trading volume of 2.74 million shares. Also, COO Stanley Chia sold 837 shares of the firm's stock in a transaction that occurred on Wednesday, May 3rd. The disclosure for this sale can be found here.

Receive News & Ratings for GrubHub Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GrubHub Inc and related companies with MarketBeat.com's FREE daily email newsletter. Global Endowment Management LP now owns 6,520 shares of the information services provider's stock valued at $215,000 after buying an additional 560 shares during the period.

Grubhub Inc. provides an online and mobile platform for restaurant pick-up and delivery orders. Stock Jumped 31% Last Month" with publication date: "May 08, 2017 was also an interesting one. Its products include Grubhub and Seamless Mobile Applications and Mobile Website, Grubhub and Seamless Websites, Corporate Program, Delivery, Allmenus and MenuPages, Grubhub for Restaurants, and Restaurant Websites.

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