The Chefs' Warehouse, Inc. (NASDAQ:CHEF) Shares Bought by Voya Investment Management LLC

Voya Investment Management LLC lifted its stake in The Chefs' Warehouse, Inc. (NASDAQ:CHEF - Free Report) by 68.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,186 shares of the company's stock after buying an additional 7,809 shares during the period. Voya Investment Management LLC's holdings in Chefs' Warehouse were worth $946,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Smartleaf Asset Management LLC boosted its position in shares of Chefs' Warehouse by 303.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 593 shares of the company's stock valued at $29,000 after purchasing an additional 446 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of 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 buying an additional 237 shares in the last quarter. KBC Group NV boosted 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 valued at $104,000 after buying an additional 843 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in shares of Chefs' Warehouse in the 4th quarter worth about $201,000. Finally, Envestnet Asset Management Inc. bought a new position in shares of Chefs' Warehouse in the 4th quarter worth about $224,000. Institutional investors own 91.55% of the company's stock.

Chefs' Warehouse Stock Performance

CHEF traded down $0.60 on Friday, reaching $61.81. 266,619 shares of the stock were exchanged, compared to its average volume of 397,473. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.04 and a quick ratio of 1.30. The company's 50-day moving average price is $54.38 and its 200 day moving average price is $51.74. The firm has a market capitalization of $2.51 billion, a PE ratio of 47.18 and a beta of 1.76. The Chefs' Warehouse, Inc. has a fifty-two week low of $35.59 and a fifty-two week high of $66.51.

Chefs' Warehouse (NASDAQ:CHEF - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $0.25 EPS for the quarter, topping analysts' consensus estimates of $0.21 by $0.04. Chefs' Warehouse had a return on equity of 12.90% and a net margin of 1.46%. The firm had revenue of $950.75 million during the quarter, compared to the consensus estimate of $927.34 million. During the same quarter in the previous year, the company posted $0.15 earnings per share. The company's revenue was up 8.7% compared to the same quarter last year. As a group, sell-side analysts forecast that The Chefs' Warehouse, Inc. will post 1.73 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Lake Street Capital lifted their price target on Chefs' Warehouse from $60.00 to $68.00 and gave the stock a "buy" rating in a research report on Thursday, February 13th. Jefferies Financial Group upped their price target 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. BMO Capital Markets lifted their target price on Chefs' Warehouse from $60.00 to $73.00 and gave the company an "outperform" rating in a research report on Thursday, February 13th. UBS Group boosted their price objective on Chefs' Warehouse from $67.00 to $68.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. Finally, Benchmark reiterated a "buy" rating and issued a $68.00 target price on shares of Chefs' Warehouse in a research report on Monday, March 17th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company 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.