Caledonia Private Investments Pty LTD Position in Grubhub INC (GRUB) Has Raised as Stock Value Rose

August 9, 2018 - By Jason Dias

Caledonia Private Investments Pty Ltd increased its stake in Grubhub Inc (GRUB) by 0.87% based on its latest 2018Q1 regulatory filing with the SEC. Caledonia Private Investments Pty Ltd bought 97,422 shares as the company’s stock rose 2.67% while stock markets declined. The institutional investor held 11.25M shares of the business services company at the end of 2018Q1, valued at $1.14 billion, up from 11.16 million at the end of the previous reported quarter. Caledonia Private Investments Pty Ltd who had been investing in Grubhub Inc for a number of months, seems to be bullish on the $11.87B market cap company. The stock increased 2.58% or $3.3 during the last trading session, reaching $131.19. About 182,913 shares traded. GrubHub Inc. (NYSE:GRUB) has risen 140.33% since August 9, 2017 and is uptrending. It has outperformed by 127.76% the S&P500.

More notable recent GrubHub Inc. (NYSE:GRUB) news were published by: Seekingalpha.com which released: “GrubHub: Peak Valuation Means Back Away” on August 06, 2018, also Nasdaq.com with their article: “Why GrubHub Stock Is Worth Ordering Now” published on August 01, 2018, Fool.com published: “Investors Dinged an Outperforming Electronic Arts; GrubHub Stock Popped on Strong Growth” on August 06, 2018. More interesting news about GrubHub Inc. (NYSE:GRUB) were released by: Fool.com and their article: “GrubHub Counters Square and Shopify With a $390 Million Acquisition” published on July 30, 2018 as well as Seekingalpha.com‘s news article titled: “Could GrubHub Become The Amazon Of Restaurants?” with publication date: August 08, 2018.

GrubHub Inc. (NYSE:GRUB) Ratings Coverage

Among 15 analysts covering GrubHub (NYSE:GRUB), 7 have Buy rating, 1 Sell and 7 Hold. Therefore 47% are positive. GrubHub has $175 highest and $75 lowest target. $116.38’s average target is -11.29% below currents $131.19 stock price. GrubHub had 23 analyst reports since February 12, 2018 according to SRatingsIntel. The rating was maintained by Cowen & Co on Monday, March 12 with “Buy”. Craig Hallum maintained GrubHub Inc. (NYSE:GRUB) on Wednesday, May 2 with “Buy” rating. Barclays Capital maintained GrubHub Inc. (NYSE:GRUB) rating on Wednesday, May 2. Barclays Capital has “Underweight” rating and $75 target. Cowen & Co maintained it with “Buy” rating and $11500 target in Wednesday, May 2 report. The stock of GrubHub Inc. (NYSE:GRUB) earned “Overweight” rating by KeyBanc Capital Markets on Thursday, February 22. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, April 18. Morgan Stanley maintained GrubHub Inc. (NYSE:GRUB) rating on Wednesday, May 2. Morgan Stanley has “Equal-Weight” rating and $102 target. The stock of GrubHub Inc. (NYSE:GRUB) earned “Hold” rating by Stifel Nicolaus on Thursday, July 26. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, July 11. On Thursday, July 26 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”.

GrubHub Inc. (NYSE:GRUB) Ratings Chart

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