Frontier Capital Management Co. LLC Has $12.03 Million Holdings in The Chefs' Warehouse, Inc. (NASDAQ:CHEF)

Frontier Capital Management Co. LLC reduced its stake in shares of The Chefs' Warehouse, Inc. (NASDAQ:CHEF - Free Report) by 6.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 243,970 shares of the company's stock after selling 16,547 shares during the quarter. Frontier Capital Management Co. LLC owned 0.62% of Chefs' Warehouse worth $12,033,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC raised its stake in shares of 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 acquiring an additional 237 shares during the last quarter. 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. Swiss National Bank raised its stake in shares of Chefs' Warehouse by 0.9% in the fourth 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 raised its stake in shares of Chefs' Warehouse by 67.1% in the fourth quarter. KBC Group NV now owns 2,100 shares of the company's stock valued at $104,000 after acquiring an additional 843 shares during the last quarter. Finally, Captrust Financial Advisors raised its stake in shares of Chefs' Warehouse by 21.3% in the fourth quarter. Captrust Financial Advisors now owns 6,122 shares of the company's stock valued at $302,000 after acquiring an additional 1,077 shares during the last quarter. 91.55% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CHEF has been the subject of several research analyst reports. UBS Group boosted their price objective on shares of Chefs' Warehouse from $67.00 to $68.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. BMO Capital Markets boosted their price objective on shares of Chefs' Warehouse from $60.00 to $73.00 and gave the stock an "outperform" rating in a research report on Thursday, February 13th. Lake Street Capital raised their price target on Chefs' Warehouse from $60.00 to $68.00 and gave the company a "buy" rating in a report on Thursday, February 13th. Jefferies Financial Group raised their price target on Chefs' Warehouse from $58.00 to $60.00 and gave the company a "buy" rating in a report on Wednesday, January 15th. Finally, Benchmark reiterated a "buy" rating and issued a $68.00 price target on shares of Chefs' Warehouse in a report on Monday, March 17th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $67.40.

Chefs' Warehouse Trading Up 0.6%

Shares of Chefs' Warehouse stock traded up $0.38 on Thursday, hitting $63.91. 151,695 shares of the company's stock traded hands, compared to its average volume of 399,039. The firm's 50-day moving average price is $54.56 and its two-hundred day moving average price is $52.13. The stock has a market capitalization of $2.60 billion, a PE ratio of 48.80 and a beta of 1.76. The Chefs' Warehouse, Inc. has a one year low of $35.59 and a one year high of $66.51. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.04 and a quick ratio of 1.30.

Chefs' Warehouse (NASDAQ:CHEF - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.21 by $0.04. The company had revenue of $950.75 million during the quarter, compared to analysts' expectations of $927.34 million. Chefs' Warehouse had a net margin of 1.46% and a return on equity of 12.90%. The business's revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.15 EPS. On average, research analysts expect that The Chefs' Warehouse, Inc. will post 1.73 EPS for the current fiscal year.

Chefs' Warehouse Profile

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.