Robeco Institutional Asset Management B.V. bought a new position in The Chefs’ Warehouse, Inc. (NASDAQ:CHEF – Get Rating) during the third quarter, according to its most recent filing with the SEC. The firm bought 2,061 shares of the company’s stock, valued at approximately $60,000.
Other large investors have also bought and sold shares of the company. Captrust Financial Advisors lifted its stake in Chefs’ Warehouse by 49.7% during the 1st quarter. Captrust Financial Advisors now owns 2,252 shares of the company’s stock valued at $73,000 after acquiring an additional 748 shares in the last quarter. Capital Impact Advisors LLC bought a new position in Chefs’ Warehouse during the 2nd quarter valued at $194,000. Brown Advisory Inc. bought a new position in Chefs’ Warehouse during the 2nd quarter valued at $201,000. SG Americas Securities LLC lifted its stake in Chefs’ Warehouse by 42.0% during the 2nd quarter. SG Americas Securities LLC now owns 5,234 shares of the company’s stock valued at $204,000 after acquiring an additional 1,549 shares in the last quarter. Finally, Coldstream Capital Management Inc. bought a new position in Chefs’ Warehouse during the 2nd quarter valued at $208,000. 86.54% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
CHEF has been the topic of several recent analyst reports. Benchmark raised their price objective on Chefs’ Warehouse from $49.00 to $51.00 and gave the company a “buy” rating in a research note on Monday, November 14th. Jefferies Financial Group upgraded Chefs’ Warehouse from a “hold” rating to a “buy” rating and set a $43.00 target price on the stock in a research note on Wednesday, December 21st. Finally, StockNews.com assumed coverage on Chefs’ Warehouse in a research note on Wednesday, October 12th. They set a “hold” rating on the stock. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $46.00.
Chefs’ Warehouse Trading Up 3.5 %
Chefs’ Warehouse (NASDAQ:CHEF – Get Rating) last announced its quarterly earnings data on Wednesday, October 26th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.14. Chefs’ Warehouse had a return on equity of 13.95% and a net margin of 1.47%. The company had revenue of $661.86 million during the quarter, compared to analyst estimates of $610.65 million. As a group, research analysts forecast that The Chefs’ Warehouse, Inc. will post 1.5 EPS for the current year.
About Chefs’ Warehouse
The Chefs' Warehouse, Inc, together with its subsidiaries, engages in distribution of specialty food products in the United States and Canada. The company's product portfolio includes approximately 50,000 stock-keeping units, such as specialty food products, such as artisan charcuterie, specialty cheeses, unique oils and vinegars, truffles, caviar, chocolate, and pastry products.
- Get a free copy of the StockNews.com research report on Chefs’ Warehouse (CHEF)
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