1 week Ago By ABMN Staff
Barclays PLC cut its holdings in The Chefs’ Warehouse, Inc. ( NASDAQ:CHEF – Free Report ) by 15.2% in the 4th quarter, according to its most recent 13F filing with the SEC.
The fund owned 82,212 shares of the company’s stock after selling 14,788 shares during the period. Barclays PLC’s holdings in Chefs’ Warehouse were worth $4,054,000 at the end of the most recent reporting period. A number of other large investors also recently made changes to their positions in the business.
GAMMA Investing LLC increased its stake in Chefs’ Warehouse by 24.6% in the fourth quarter. GAMMA Investing LLC now owns 1,202 shares of the company’s stock valued at $59,000 after purchasing an additional 237 shares during the last quarter.
Smartleaf Asset Management LLC grew its holdings in Chefs’ Warehouse by 303.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 593 shares of the company’s stock valued at $29,000 after buying an additional 446 shares during the period.
Swiss National Bank increased its stake in shares of Chefs’ Warehouse by 0.9% during the 4th quarter. Swiss National Bank now owns 70,500 shares of the company’s stock valued at $3,477,000 after acquiring an additional 600 shares during the last quarter.
KBC Group NV lifted its holdings in shares of Chefs’ Warehouse by 67.1% during the 4th quarter. KBC Group NV now owns 2,100 shares of the company’s stock worth $104,000 after acquiring an additional 843 shares during the period.
Finally, Russell Investments Group Ltd. boosted its position in shares of Chefs’ Warehouse by 4.7% in the fourth quarter.
Russell Investments Group Ltd. now owns 40,853 shares of the company’s stock worth $2,015,000 after acquiring an additional 1,825 shares during the last quarter. Hedge funds and other institutional investors own 91.
55% of the company’s stock. Chefs’ Warehouse Price Performance CHEF stock opened at $53.11 on Monday.
The stock has a 50-day simple moving average of $55.28 and a 200-day simple moving average of $50.54.
The firm has a market cap of $2.18 billion, a P/E ratio of 40.54 and a beta of 1.
89. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.
30 and a current ratio of 2.04. The Chefs’ Warehouse, Inc.
has a 1 year low of $32.83 and a 1 year high of $66.51.
Analysts Set New Price Targets A number of equities analysts have weighed in on the stock. BMO Capital Markets increased their price target on shares of Chefs’ Warehouse from $60.00 to $73.
00 and gave the stock an “outperform” rating in a research note on Thursday, February 13th. Benchmark reiterated a “buy” rating and issued a $68.00 target price on shares of Chefs’ Warehouse in a report on Monday, March 17th.
Jefferies Financial Group upped their price target on Chefs’ Warehouse from $58.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, January 15th.
Lake Street Capital lifted their price objective on Chefs’ Warehouse from $60.00 to $68.00 and gave the company a “buy” rating in a research note on Thursday, February 13th.
Finally, UBS Group increased their target price on shares of Chefs’ Warehouse from $60.00 to $69.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th.
One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Chefs’ Warehouse has an average rating of “Moderate Buy” and an average target price of $67.
60. View Our Latest Analysis on CHEF Chefs’ Warehouse Profile ( 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.
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