50,183 Shares in The Chefs' Warehouse, Inc. (NASDAQ:CHEF) Purchased by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC purchased a new position in The Chefs' Warehouse, Inc. (NASDAQ:CHEF - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 50,183 shares of the company's stock, valued at approximately $2,475,000. Susquehanna Fundamental Investments LLC owned approximately 0.13% of Chefs' Warehouse at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Smartleaf Asset Management LLC lifted 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 worth $29,000 after buying an additional 446 shares during the period. GAMMA Investing LLC grew its holdings in shares of Chefs' Warehouse by 24.6% during the fourth quarter. GAMMA Investing LLC now owns 1,202 shares of the company's stock valued at $59,000 after buying an additional 237 shares during the last quarter. KBC Group NV lifted its holdings in shares of Chefs' Warehouse by 67.1% during the fourth 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. Hsbc Holdings PLC bought a new position in shares of Chefs' Warehouse during the 4th quarter valued at $201,000. Finally, Envestnet Asset Management Inc. purchased a new stake in shares of Chefs' Warehouse in the 4th quarter worth $224,000. 91.55% of the stock is owned by hedge funds and other institutional investors.

Chefs' Warehouse Price Performance

Shares of CHEF stock traded up $0.33 during trading hours on Monday, reaching $60.27. The company had a trading volume of 66,047 shares, compared to its average volume of 510,271. 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 stock has a fifty day moving average of $54.47 and a 200-day moving average of $51.08. The company has a market capitalization of $2.45 billion, a price-to-earnings ratio of 46.02 and a beta of 1.76. The Chefs' Warehouse, Inc. has a 12-month low of $35.59 and a 12-month high of $66.51.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Jefferies Financial Group lifted their price objective on shares of Chefs' Warehouse from $58.00 to $60.00 and gave the company a "buy" rating in a research report on Wednesday, January 15th. Lake Street Capital lifted their price objective on shares of Chefs' Warehouse from $60.00 to $68.00 and gave the company a "buy" rating in a report on Thursday, February 13th. Benchmark reiterated a "buy" rating and set a $68.00 target price on shares of Chefs' Warehouse in a report on Monday, March 17th. UBS Group increased their price target on Chefs' Warehouse from $67.00 to $68.00 and gave the company a "buy" rating in a research note on Thursday. Finally, BMO Capital Markets raised their price objective on Chefs' Warehouse from $60.00 to $73.00 and gave the stock an "outperform" rating in a research note on Thursday, February 13th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $67.40.

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.