Usca Ria LLC acquired a new position in GrubHub Inc (NYSE:GRUB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,500 shares of the information services provider’s stock, valued at approximately $208,000.

Other institutional investors have also modified their holdings of the company. Dubuque Bank & Trust Co. bought a new stake in shares of GrubHub in the second quarter worth $107,000. Advisory Services Network LLC grew its stake in shares of GrubHub by 287.6% in the third quarter. Advisory Services Network LLC now owns 969 shares of the information services provider’s stock worth $134,000 after purchasing an additional 719 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of GrubHub in the third quarter worth $146,000. Massey Quick Simon & CO. LLC bought a new stake in shares of GrubHub in the second quarter worth $147,000. Finally, OLD National Bancorp IN bought a new stake in shares of GrubHub in the third quarter worth $203,000. 99.30% of the stock is currently owned by institutional investors.

In other news, CEO Matthew M. Maloney sold 3,125 shares of the company’s stock in a transaction dated Wednesday, August 22nd. The shares were sold at an average price of $133.96, for a total transaction of $418,625.00. Following the transaction, the chief executive officer now owns 7,946 shares in the company, valued at $1,064,446.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Linda Johnson Rice sold 596 shares of the company’s stock in a transaction dated Monday, October 15th. The shares were sold at an average price of $115.87, for a total transaction of $69,058.52. Following the transaction, the director now owns 545 shares in the company, valued at approximately $63,149.15. The disclosure for this sale can be found here. Insiders have sold 65,479 shares of company stock worth $8,670,611 in the last quarter. Company insiders own 2.37% of the company’s stock.

Several analysts recently weighed in on the stock. Barclays reissued a “sell” rating and issued a $110.00 price objective on shares of GrubHub in a research note on Friday, July 27th. Stephens boosted their target price on shares of GrubHub from $120.00 to $155.00 and gave the company a “positive” rating in a report on Thursday, July 26th. Oppenheimer boosted their target price on shares of GrubHub in a report on Thursday, July 26th. Roth Capital boosted their target price on shares of GrubHub from $100.00 to $130.00 and gave the company a “neutral” rating in a report on Thursday, July 26th. Finally, Stifel Nicolaus boosted their target price on shares of GrubHub from $110.00 to $140.00 and gave the company a “hold” rating in a report on Thursday, July 26th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $132.10.

Shares of NYSE GRUB opened at $88.96 on Friday. GrubHub Inc has a 1-year low of $61.43 and a 1-year high of $149.35. The stock has a market cap of $8.54 billion, a PE ratio of 90.78, a P/E/G ratio of 2.89 and a beta of 1.61. The company has a current ratio of 2.31, a quick ratio of 3.43 and a debt-to-equity ratio of 0.20.

GrubHub (NYSE:GRUB) last announced its quarterly earnings data on Thursday, October 25th. The information services provider reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.14. GrubHub had a net margin of 14.83% and a return on equity of 10.64%. The firm had revenue of $247.23 million for the quarter, compared to analyst estimates of $238.19 million. Equities analysts anticipate that GrubHub Inc will post 1.29 EPS for the current year.

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About GrubHub

GrubHub Inc, together with its subsidiaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the United States. The company connects approximately 80,000 local restaurants with diners in approximately 1,600 cities. It offers Grubhub, Seamless, and Eat24 mobile applications and mobile Websites for iPhone, Android, iPad, Apple Watch, and Apple TV devices; and operates Grubhub, Seamless, and Eat24 Websites through grubhub.com, seamless.com, and eat24.com.

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Institutional Ownership by Quarter for GrubHub (NYSE:GRUB)

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