Today GrubHub Inc. (GRUB) Stock Reaches 52-Week High

Parametric Portfolio Associates LLC now owns 132,825 shares of the information services provider's stock worth $5,791,000 after purchasing an additional 14,958 shares during the last quarter. Morgan Stanley raised their target price on GrubHub from $77.00 to $100.00 and gave the stock a positive rating in a report on Friday, February 9th. UBS Asset Management Americas Inc. increased its position in shares of GrubHub by 13.3% during the 2nd quarter. First Trust Advisors LP now owns 1,610,369 shares of the information services provider's stock worth $115,624,000 after acquiring an additional 1,463,539 shares during the period. First Trust Advisors LP grew its holdings in shares of GrubHub by 105.1% during the 3rd quarter. Carmignac Gestion now owns 5,233,974 shares of the information services provider's stock worth $275,621,000 after purchasing an additional 257,429 shares during the last quarter. Westpac Banking Corp grew its holdings in shares of GrubHub by 105.7% during the 3rd quarter.

The stock increased 0.95% or $1.03 during the last trading session, reaching $109.59. Macquarie Group Ltd. raised its position in GrubHub by 10.3% in the 4th quarter. Janus Henderson Group PLC now owns 1,048,396 shares of the information services provider's stock worth $55,210,000 after purchasing an additional 386,129 shares during the last quarter. Finally, Canada Pension Plan Investment Board boosted its stake in GrubHub by 44.4% in the third quarter. Also, CFO Adam Dewitt sold 22,359 shares of the business's stock in a transaction that occurred on Monday, February 5th. Following the sale, the chief operating officer now owns 1,215 shares in the company, valued at approximately $86,265. The sale was disclosed in a filing with the SEC, which is available at this link.

In related news, CEO Matthew M. Maloney sold 6,250 shares of the business's stock in a transaction that occurred on Monday, December 18th.

On 3/5/2018 Margo Drucker, SVP, sold 438 with an average share price of $99.18 per share and the total transaction amounting to $43,440.84. The disclosure for this sale can be found here. Insiders own 2.37% of the company's stock.

GrubHub Inc (NYSE:GRUB) traded up $2.17 during mid-day trading on Friday, hitting $108.56. GrubHub has a fifty-two week low of $32.43 and a fifty-two week high of $110.36. The company has a market cap of $9,500.00, a P/E ratio of 148.09, a price-to-earnings-growth ratio of 4.06 and a beta of 1.00. The company has a current ratio of 2.07, a quick ratio of 3.11 and a debt-to-equity ratio of 0.15. (NYSE:GRUB) news were published by: Fool.com which released: "Why GrubHub Inc". The information services provider reported $0.31 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.24 by $0.07. The company had revenue of $205.10 million during the quarter, compared to analysts' expectations of $201.55 million.

Grubhub announced its partnership with Yum Brands - the parent of Taco Bell, KFC and Pizza Hut - on February 8. The business's revenue was up 49.2% compared to the same quarter past year. During the same period last year, the company earned $0.23 earnings per share. analysts forecast that GrubHub will post 1.15 earnings per share for the current fiscal year.

GRUB has been the subject of a number of other research reports. Oppenheimer upped their price target on GrubHub from $60.00 to $66.00 and gave the company an "outperform" rating in a research report on Thursday, October 26th. In a note sent to clients and investors on Friday morning, GrubHub (NYSE:GRUB) shares have had their "Buy" Rating maintained by stock analysts at Cowen & Co. The institutional investor held 139,135 shares of the industrial machinery and components company at the end of 2017Q3, valued at $2.44M, up from 90,979 at the end of the previous reported quarter. They noted that the move was a valuation call. The firm has "Overweight" rating given on Friday, February 9 by KeyBanc Capital Markets. Finally, Guggenheim began coverage on shares of GrubHub in a report on Monday, February 12th. The firm has "Buy" rating by Bank of America given on Thursday, October 13. GrubHub now has an average rating of "Hold" and an average price target of $74.07.

Grubhub Inc provides an online and mobile platform for restaurant pick-up and delivery orders.

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