Grubhub INC (GRUB) Stake Has Raised by Caledonia Private Investments Pty Ltd

January 21, 2018 - By Maria Brooks

Caledonia Private Investments Pty Ltd increased its stake in Grubhub Inc (GRUB) by 7.98% based on its latest 2017Q3 regulatory filing with the SEC. Caledonia Private Investments Pty Ltd bought 790,969 shares as the company’s stock rose 15.35% with the market. The institutional investor held 10.70M shares of the business services company at the end of 2017Q3, valued at $563.61 million, up from 9.91 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 $6.07B market cap company. The stock decreased 0.44% or $0.31 during the last trading session, reaching $70.03. About 1.29M shares traded. GrubHub Inc. (NYSE:GRUB) has risen 94.22% since January 21, 2017 and is uptrending. It has outperformed by 77.52% the S&P500.

More news for GrubHub Inc. (NYSE:GRUB) were recently published by: Seekingalpha.com, which released: “Is GrubHub Fairly Valued: The DCF Valuation Approach” on December 25, 2017. Streetinsider.com‘s article titled: “UPDATE: GrubHub Inc. (GRUB) PT Raised to $80 at Oppenheimer; Favorable 2018 Setup” and published on January 05, 2018 is yet another important article.

GrubHub Inc. (NYSE:GRUB) Ratings Coverage

Among 30 analysts covering Grubhub Inc (NYSE:GRUB), 18 have Buy rating, 2 Sell and 10 Hold. Therefore 60% are positive. Grubhub Inc has $80.0 highest and $20 lowest target. $52.71’s average target is -24.73% below currents $70.03 stock price. Grubhub Inc had 106 analyst reports since July 27, 2015 according to SRatingsIntel. Oppenheimer downgraded GrubHub Inc. (NYSE:GRUB) on Friday, February 5 to “Perform” rating. The rating was upgraded by Bank of America on Thursday, October 13 to “Buy”. The firm earned “Hold” rating on Friday, October 27 by DA Davidson. The company was reinitiated on Friday, February 17 by Pacific Crest. The stock of GrubHub Inc. (NYSE:GRUB) earned “Sell” rating by Monness on Thursday, October 26. On Friday, October 13 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. As per Wednesday, May 4, the company rating was downgraded by Morgan Stanley. The firm has “Overweight” rating by Barclays Capital given on Wednesday, August 26. The stock of GrubHub Inc. (NYSE:GRUB) has “Buy” rating given on Thursday, November 16 by KeyBanc Capital Markets. On Tuesday, September 5 the stock rating was maintained by KeyBanc Capital Markets with “Buy”.

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