2 weeks Ago By ABMN Staff
KLP Kapitalforvaltning AS purchased a new stake in The Chefs’ Warehouse, Inc. ( NASDAQ:CHEF – Free Report ) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 10,700 shares of the company’s stock, valued at approximately $528,000.
Other large investors have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its stake in shares of Chefs’ Warehouse by 303.4% in the fourth quarter.
Smartleaf Asset Management LLC now owns 593 shares of the company’s stock valued at $29,000 after acquiring an additional 446 shares during the last quarter. GAMMA Investing LLC increased its holdings in Chefs’ Warehouse by 24.6% during the 4th quarter.
GAMMA Investing LLC now owns 1,202 shares of the company’s stock valued at $59,000 after purchasing an additional 237 shares in the last quarter. KBC Group NV increased its holdings in Chefs’ Warehouse by 67.1% during the 4th quarter.
KBC Group NV now owns 2,100 shares of the company’s stock valued at $104,000 after purchasing an additional 843 shares in the last quarter. iSAM Funds UK Ltd bought a new position in Chefs’ Warehouse in the 3rd quarter valued at $225,000. Finally, FMR LLC boosted its stake in Chefs’ Warehouse by 95.
0% in the third quarter. FMR LLC now owns 5,890 shares of the company’s stock worth $247,000 after purchasing an additional 2,870 shares in the last quarter. 91.
55% of the stock is owned by institutional investors. Chefs’ Warehouse Price Performance Chefs’ Warehouse stock opened at $51.86 on Friday.
The stock has a market cap of $2.13 billion, a price-to-earnings ratio of 39.59 and a beta of 1.
89. The Chefs’ Warehouse, Inc. has a 12-month low of $31.
96 and a 12-month high of $66.51. The company has a quick ratio of 1.
30, a current ratio of 2.04 and a debt-to-equity ratio of 1.28.
The business’s 50-day simple moving average is $57.03 and its 200 day simple moving average is $49.01.
Analyst Ratings Changes A number of analysts have recently weighed in on CHEF shares. Lake Street Capital raised their target price on Chefs’ Warehouse from $60.00 to $68.
00 and gave the company a “buy” rating in a research note on Thursday, February 13th. BMO Capital Markets increased their price objective on shares of Chefs’ Warehouse from $60.00 to $73.
00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. UBS Group boosted their target price on shares of Chefs’ Warehouse from $60.00 to $69.
00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. Jefferies Financial Group increased their price target on shares of Chefs’ Warehouse from $58.00 to $60.
00 and gave the company a “buy” rating in a research note on Wednesday, January 15th. Finally, Benchmark reissued a “buy” rating and issued a $68.00 price target on shares of Chefs’ Warehouse in a report on Monday, March 17th.
One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, Chefs’ Warehouse presently has an average rating of “Moderate Buy” and a consensus price target of $67.60.
Check Out Our Latest Stock Analysis on Chefs’ Warehouse About Chefs’ Warehouse ( Free Report ) The Chefs’ Warehouse, Inc, together with its subsidiaries, distributes specialty food and center-of-the-plate products in the United States, the Middle East, and Canada. The company’s product portfolio includes specialty food products, such as artisan charcuterie, specialty cheeses, unique oils and vinegars, truffles, caviar, chocolate, and pastry products; and center-of-the-plate products consisting of custom cut beef, seafood, and hormone-free poultry, as well as broadline food products comprising cooking oils, butter, eggs, milk, and flour. Featured Articles Want to see what other hedge funds are holding CHEF? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for The Chefs’ Warehouse, Inc. ( NASDAQ:CHEF – Free Report ). Receive News & Ratings for Chefs' Warehouse Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chefs' Warehouse and related companies with MarketBeat.
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