Townebank Portsmouth Va (TOWN) Holder Aldebaran Financial Has Boosted Its Stake by $1.96 Million as Shares Rose; Cim Has Increased Grubhub (GRUB) Stake by $406,020

June 17, 2018 - By Louis Casey

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Cim Llc increased its stake in Grubhub Inc (GRUB) by 53.85% based on its latest 2018Q1 regulatory filing with the SEC. Cim Llc bought 4,020 shares as the company’s stock rose 2.67% while stock markets declined. The institutional investor held 11,485 shares of the business services company at the end of 2018Q1, valued at $1.17M, up from 7,465 at the end of the previous reported quarter. Cim Llc who had been investing in Grubhub Inc for a number of months, seems to be bullish on the $10.72 billion market cap company. The stock decreased 0.91% or $1.09 during the last trading session, reaching $118.77. About 2.09 million shares traded or 40.62% up from the average. GrubHub Inc. (NYSE:GRUB) has risen 140.33% since June 17, 2017 and is uptrending. It has outperformed by 127.76% the S&P500. Some Historical GRUB News: 02/04/2018 – Grubhub Expands Delivery Offering to 34 Additional Markets Nationwide; 01/05/2018 – GrubHub Sees 2Q EPS $228M-EPS $236M; 17/04/2018 – Grubhub Makes Ordering Food with Friends Even Easier with Venmo Integration; 10/05/2018 – GRUBHUB TO OFFER JACK IN BOX DELIVERY IN OVER 20 MARKETS; 23/04/2018 – SOHN CONFERENCE: HALF SKY CAPITAL CHIEF INVESTMENT OFFICER Ll RAN DISCUSSING GRUBHUB; 24/04/2018 – GrubHub Closes Below 50-Day Moving Average: Technicals; 19/03/2018 – Grubhub Expands Pact With Yelp, Aiming for Cheaper Deliveries; 01/05/2018 – Correct: GrubHub Sees 2Q Rev $228M-$236M; 15/03/2018 ShiftPixy Delivers a Revolution to Fast Food and Fast Casual; 06/04/2018 – Jason Del Rey: Postmates has also discussed a sale with GrubHub, sources tell us

Aldebaran Financial Inc increased its stake in Townebank Portsmouth Va (TOWN) by 766.21% based on its latest 2018Q1 regulatory filing with the SEC. Aldebaran Financial Inc bought 70,116 shares as the company’s stock rose 7.97% while stock markets declined. The institutional investor held 79,267 shares of the company at the end of 2018Q1, valued at $2.27 million, up from 9,151 at the end of the previous reported quarter. Aldebaran Financial Inc who had been investing in Townebank Portsmouth Va for a number of months, seems to be bullish on the $2.33B market cap company. The stock increased 0.31% or $0.1 during the last trading session, reaching $32.6. About 209,125 shares traded or 43.47% up from the average. TowneBank (NASDAQ:TOWN) has risen 7.60% since June 17, 2017 and is uptrending. It has underperformed by 4.97% the S&P500. Some Historical TOWN News: 25/04/2018 – TOWNE BANK 1Q ADJ EPS 46C, EST. 45C; 23/05/2018 – Towne Bank Raises Dividend to 16c Vs. 14c; 29/03/2018 – TowneBank Names President J. Morgan Davis as CEO; 14/05/2018 – Fidelity Management & Research Exits Position in Towne Bank; 25/04/2018 – Towne Bank 1Q EPS 36c; 23/05/2018 – TOWNEBANK BOOSTS QTR DIV TO $0.16 FROM $0.14; EST. $0.15; 25/04/2018 – Towne Bank 1Q Net $2.3M; 29/03/2018 – TOWNE BANK – ROBERT ASTON ASSUMED NEWLY CREATED POSITION OF EXECUTIVE CHAIRMAN OF BOARD; 30/05/2018 – James Avery Artisan Jewelry Opening Soon at Lake Worth Towne Crossing; 19/04/2018 – DJ TowneBank, Inst Holders, 1Q 2018 (TOWN)

Another recent and important GrubHub Inc. (NYSE:GRUB) news was published by Fool.com which published an article titled: “This Fast-Growing Tech Stock Has Already Achieved Profitability” on June 12, 2018.

Cim Llc, which manages about $285.00 million and $257.84M US Long portfolio, decreased its stake in Intuitive Surgical Inc (NASDAQ:ISRG) by 830 shares to 32,859 shares, valued at $13.57M in 2018Q1, according to the filing. It also reduced its holding in National Beverage Corp (NASDAQ:FIZZ) by 6,189 shares in the quarter, leaving it with 4,030 shares, and cut its stake in Essent Group Ltd (NYSE:ESNT).

Among 34 analysts covering Grubhub Inc (NYSE:GRUB), 16 have Buy rating, 3 Sell and 15 Hold. Therefore 47% are positive. Grubhub Inc had 137 analyst reports since July 27, 2015 according to SRatingsIntel. On Monday, October 16 the stock rating was maintained by Cowen & Co with “Buy”. The firm has “Outperform” rating by Northland Capital given on Wednesday, October 28. Canaccord Genuity maintained it with “Buy” rating and $5000 target in Thursday, August 10 report. Canaccord Genuity maintained the shares of GRUB in report on Friday, May 26 with “Buy” rating. The company was maintained on Friday, February 9 by Morgan Stanley. The firm has “Buy” rating by Oppenheimer given on Thursday, August 24. The stock of GrubHub Inc. (NYSE:GRUB) has “Buy” rating given on Friday, August 4 by Canaccord Genuity. As per Wednesday, July 29, the company rating was maintained by Oppenheimer. The stock has “Underweight” rating by Barclays Capital on Wednesday, May 2. The firm has “Outperform” rating by Wedbush given on Friday, April 28.

Among 7 analysts covering Towne Bank (NASDAQ:TOWN), 1 have Buy rating, 0 Sell and 6 Hold. Therefore 14% are positive. Towne Bank had 28 analyst reports since August 24, 2015 according to SRatingsIntel. The stock of TowneBank (NASDAQ:TOWN) earned “Hold” rating by Brean Capital on Thursday, May 3. The firm has “Hold” rating by Brean Capital given on Monday, May 21. The firm has “Hold” rating given on Thursday, February 1 by Sandler O’Neill. On Friday, February 2 the stock rating was maintained by Brean Capital with “Hold”. Keefe Bruyette & Woods maintained it with “Hold” rating and $3200 target in Thursday, June 1 report. Brean Capital maintained TowneBank (NASDAQ:TOWN) on Monday, February 5 with “Hold” rating. As per Friday, May 11, the company rating was maintained by Brean Capital. Piper Jaffray maintained TowneBank (NASDAQ:TOWN) rating on Tuesday, January 30. Piper Jaffray has “Hold” rating and $33.0 target. On Tuesday, October 31 the stock rating was maintained by Piper Jaffray with “Hold”. The stock of TowneBank (NASDAQ:TOWN) has “Hold” rating given on Monday, June 11 by Brean Capital.

More news for TowneBank (NASDAQ:TOWN) were recently published by: Globenewswire.com, which released: “Townebank Announces Quarterly Cash Dividend” on May 23, 2018. Globenewswire.com‘s article titled: “Research Report Identifies LB Foster, AVX, Professional Diversity Network, Park National, Towne Bank, and …” and published on May 25, 2018 is yet another important article.

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