Dupont Capital Management Corp grew its holdings in shares of GrubHub Inc (NYSE:GRUB) by 265.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 9,874 shares of the information services provider’s stock after acquiring an additional 7,171 shares during the quarter. Dupont Capital Management Corp’s holdings in GrubHub were worth $694,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Parallel Advisors LLC lifted its holdings in shares of GrubHub by 186.5% in the first quarter. Parallel Advisors LLC now owns 616 shares of the information services provider’s stock valued at $25,000 after buying an additional 401 shares during the period. Aigen Investment Management LP acquired a new stake in shares of GrubHub in the first quarter valued at $25,000. First PREMIER Bank acquired a new stake in shares of GrubHub in the first quarter valued at $41,000. Truvestments Capital LLC acquired a new stake in shares of GrubHub in the first quarter valued at $41,000. Finally, Exchange Traded Concepts LLC acquired a new stake in shares of GrubHub in the second quarter valued at $59,000.

NYSE:GRUB opened at $72.24 on Friday. GrubHub Inc has a 1-year low of $29.35 and a 1-year high of $73.43. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.59 and a quick ratio of 2.52. The business’s fifty day moving average price is $68.25 and its 200 day moving average price is $53.98.

GrubHub (NYSE:GRUB) last issued its earnings results on Thursday, July 30th. The information services provider reported ($0.17) earnings per share for the quarter, topping the consensus estimate of ($0.41) by $0.24. GrubHub had a negative return on equity of 3.66% and a negative net margin of 7.10%. The company had revenue of $459.28 million for the quarter, compared to analyst estimates of $398.16 million. Analysts predict that GrubHub Inc will post -1.28 earnings per share for the current fiscal year.

Several brokerages have recently weighed in on GRUB. DA Davidson upgraded GrubHub from an “underperform” rating to a “neutral” rating and set a $63.00 price objective for the company in a report on Friday, June 12th. William Blair lowered GrubHub from an “outperform” rating to a “market perform” rating in a report on Thursday, June 11th. Needham & Company LLC restated a “hold” rating on shares of GrubHub in a report on Thursday, May 7th. BNP Paribas downgraded GrubHub from a “neutral” rating to an “underperform” rating and set a $30.00 target price for the company. in a report on Monday, April 27th. Finally, Cowen reduced their target price on GrubHub from $50.00 to $40.00 and set an “outperform” rating for the company in a report on Tuesday, April 21st. Four research analysts have rated the stock with a sell rating, twenty-four have issued a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $53.57.

In other news, CEO Matthew M. Maloney sold 1,000 shares of the stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $71.55, for a total transaction of $71,550.00. Following the transaction, the chief executive officer now owns 48,922 shares of the company’s stock, valued at approximately $3,500,369.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Adam Dewitt sold 1,200 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $44.59, for a total value of $53,508.00. Following the transaction, the chief financial officer now directly owns 55,574 shares in the company, valued at approximately $2,478,044.66. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 41,659 shares of company stock worth $2,649,541. Insiders own 1.88% of the company’s stock.

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 105,000 local restaurants with diners with diners in various cities. It offers Grubhub, Seamless, and Eat24 mobile applications and mobile Websites; and operates Websites through grubhub.com, seamless.com, eat24.com, and menupages.com.

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Institutional Ownership by Quarter for GrubHub (NYSE:GRUB)

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