Rutabaga Capital Management Has Trimmed Its The Chefs’ Warehouse (CHEF) Stake by $1.87 Million as Share Price Rose; As Hartford Finl Svcs Group (HIG) Market Value Declined, Wealth Enhancement Advisory Services Trimmed Stake

The Chefs' Warehouse, Inc. (NASDAQ:CHEF) Logo

Wealth Enhancement Advisory Services Llc decreased its stake in Hartford Finl Svcs Group Inc (HIG) by 28.98% based on its latest 2018Q2 regulatory filing with the SEC. Wealth Enhancement Advisory Services Llc sold 24,080 shares as the company’s stock declined 7.82% while stock markets rallied. The institutional investor held 59,017 shares of the finance company at the end of 2018Q2, valued at $3.15 million, down from 83,097 at the end of the previous reported quarter. Wealth Enhancement Advisory Services Llc who had been investing in Hartford Finl Svcs Group Inc for a number of months, seems to be less bullish one the $14.93B market cap company. The stock decreased 1.70% or $0.72 during the last trading session, reaching $41.63. About 3.04M shares traded or 11.03% up from the average. The Hartford Financial Services Group, Inc. (NYSE:HIG) has declined 9.08% since December 8, 2017 and is downtrending. It has underperformed by 24.70% the S&P500. Some Historical HIG News: 14/03/2018 – A.M. Best Assigns Issue Credit Rating to The Hartford Financial Services Group, Inc.’s Senior Unsecured Notes; 09/04/2018 – The Hartford Launches Admitted Cyber Liability Policy; 13/03/2018 – HARTFORD FINANCIAL SERVICES – EXPECTS TO ENTER INTO AMENDMENT TO ITS EXISTING CREDIT AGREEMENT WITH CERTAIN FINANCIAL INSTITUTIONS ON OR ABOUT MARCH END; 13/03/2018 – HARTFORD FINANCIAL SERVICES – EXPECTED AMENDMENT ON OR ABOUT MARCH END WILL ALSO AUTOMATICALLY REPLACE CREDIT AGREEMENT WITH AN AMENDED, RESTATED ONE; 26/04/2018 – Hartford Financial 1Q Net $597M; 26/04/2018 – HARTFORD FINANCIAL 1Q CORE EPS $1.27, EST. $1.07

Rutabaga Capital Management Llc decreased its stake in The Chefs’ Warehouse Inc. (CHEF) by 29.67% based on its latest 2018Q2 regulatory filing with the SEC. Rutabaga Capital Management Llc sold 66,846 shares as the company’s stock rose 22.06% with the market. The hedge fund held 158,488 shares of the consumer non-durables company at the end of 2018Q2, valued at $4.52 million, down from 225,334 at the end of the previous reported quarter. Rutabaga Capital Management Llc who had been investing in The Chefs’ Warehouse Inc. for a number of months, seems to be less bullish one the $1.10 billion market cap company. The stock decreased 2.29% or $0.86 during the last trading session, reaching $36.76. About 170,406 shares traded. The Chefs' Warehouse, Inc. (NASDAQ:CHEF) has risen 102.70% since December 8, 2017 and is uptrending. It has outperformed by 87.08% the S&P500. Some Historical CHEF News: 09/05/2018 – Bamco Inc. Exits Position in Chefs’ Warehouse; 09/05/2018 – CHEFS’ WAREHOUSE INC CHEF.O SEES FY 2018 SHR $0.68 TO $0.77; 19/03/2018 Consolidated Research: 2018 Summary Expectations for Government Properties Income Trust, Grand Canyon Education, The Chefs’ War; 09/05/2018 – Chefs’ Warehouse Sees FY18 Adj EPS 69c-Adj EPS 78c; 09/05/2018 – Chefs’ Warehouse Sees FY18 Sales $1.40B-$1.44B; 09/05/2018 – CHEFS’ WAREHOUSE INC CHEF.O FY2018 SHR VIEW $0.74, REV VIEW $1.42 BLN — THOMSON REUTERS l/B/E/S; 20/04/2018 – Chefs’ Warehouse Says Vacant Board Seat Won’t Be Refilled; Board to Be fixed at 10 Directors; 19/03/2018 – Food and Wine: Exclusive: Here Are All the Chefs in ‘Chef’s Table: Pastry’; 09/05/2018 – Chefs’ Warehouse 1Q Adj EPS 3c; 20/04/2018 – CHEFS’ WAREHOUSE SAYS DEBENEDETTI RESIGNED FROM BOARD

Among 20 analysts covering Hartford Financial (NYSE:HIG), 11 have Buy rating, 0 Sell and 9 Hold. Therefore 55% are positive. Hartford Financial had 59 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of The Hartford Financial Services Group, Inc. (NYSE:HIG) has “Buy” rating given on Monday, June 26 by Keefe Bruyette & Woods. On Wednesday, August 19 the stock rating was maintained by UBS with “Buy”. The firm has “Neutral” rating given on Tuesday, January 19 by Nomura. Keefe Bruyette & Woods maintained The Hartford Financial Services Group, Inc. (NYSE:HIG) on Wednesday, June 14 with “Buy” rating. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, August 31. The stock of The Hartford Financial Services Group, Inc. (NYSE:HIG) earned “Buy” rating by Keefe Bruyette & Woods on Monday, December 4. As per Thursday, February 8, the company rating was maintained by FBR Capital. The rating was downgraded by Argus Research on Wednesday, November 18 to “Hold”. The company was maintained on Monday, April 16 by FBR Capital. The rating was maintained by RBC Capital Markets with “Sector Perform” on Tuesday, October 27.

Wealth Enhancement Advisory Services Llc, which manages about $3.07 billion and $1.62 billion US Long portfolio, upped its stake in Schwab Strategic Tr (SCHE) by 133,651 shares to 1.99M shares, valued at $52.44M in 2018Q2, according to the filing. It also increased its holding in Schwab Strategic Tr (SCHX) by 33,155 shares in the quarter, for a total of 770,983 shares, and has risen its stake in Etfs Precious Metals Basket (GLTR).

More notable recent The Hartford Financial Services Group, Inc. (NYSE:HIG) news were published by: Businesswire.com which released: “Opioids In The Workplace: New Survey By The Hartford Shows Growing Impact And Increasing Need For Employers To Act Now – Business Wire” on November 27, 2018, also Seekingalpha.com with their article: “The Hartford buys insurer specializing in sharing economy – Seeking Alpha” published on December 03, 2018, Zacks.com published: “Hartford Financial Provides Q4 Catastrophe Loss Estimates – Zacks.com” on December 06, 2018. More interesting news about The Hartford Financial Services Group, Inc. (NYSE:HIG) were released by: Themiddlemarket.com and their article: “M&A wrap: CPPIB, Berlin Packaging, Oak Hill, Keiter Advisors, HIG – Mergers & Acquisitions” published on November 29, 2018 as well as Businesswire.com‘s news article titled: “The Hartford Broadens Its Commitment To Supporting People With Disabilities With New Ability Equipped Program – Business Wire” with publication date: November 15, 2018.

Investors sentiment increased to 0.91 in 2018 Q2. Its up 0.20, from 0.71 in 2018Q1. It improved, as 39 investors sold HIG shares while 194 reduced holdings. 51 funds opened positions while 161 raised stakes. 308.43 million shares or 0.70% more from 306.29 million shares in 2018Q1 were reported. Schwab Charles Inv Management holds 0.05% of its portfolio in The Hartford Financial Services Group, Inc. (NYSE:HIG) for 1.44 million shares. Mackay Shields Llc invested 0.02% of its portfolio in The Hartford Financial Services Group, Inc. (NYSE:HIG). Commerzbank Aktiengesellschaft Fi reported 0% in The Hartford Financial Services Group, Inc. (NYSE:HIG). Paradigm Asset Mngmt Communications Limited Com reported 9,550 shares stake. Utah Retirement Sys invested in 66,193 shares or 0.07% of the stock. State Of Wisconsin Invest Board owns 803,058 shares or 0.12% of their US portfolio. The Connecticut-based Quantitative Systematic Strategies Limited Company has invested 0.8% in The Hartford Financial Services Group, Inc. (NYSE:HIG). American Century Cos, Missouri-based fund reported 1.42M shares. South Dakota Inv Council has invested 0.03% in The Hartford Financial Services Group, Inc. (NYSE:HIG). Amalgamated Fincl Bank holds 0.06% or 46,018 shares. Jpmorgan Chase & owns 32.35M shares. Karpas Strategies Ltd Company has 5,000 shares. Silvercrest Asset Mngmt Gp Ltd Liability reported 50,511 shares. Fifth Third Retail Bank has 0.01% invested in The Hartford Financial Services Group, Inc. (NYSE:HIG) for 19,846 shares. Los Angeles Management & Equity Rech Inc holds 96,405 shares or 0.03% of its portfolio.

Analysts await The Hartford Financial Services Group, Inc. (NYSE:HIG) to report earnings on February, 14. They expect $1.08 earnings per share, up 33.33% or $0.27 from last year’s $0.81 per share. HIG’s profit will be $387.43M for 9.64 P/E if the $1.08 EPS becomes a reality. After $1.15 actual earnings per share reported by The Hartford Financial Services Group, Inc. for the previous quarter, Wall Street now forecasts -6.09% negative EPS growth.

Since August 1, 2018, it had 0 insider purchases, and 2 insider sales for $1.37 million activity. Robinson David C also sold $109,260 worth of The Hartford Financial Services Group, Inc. (NYSE:HIG) shares.

Rutabaga Capital Management Llc, which manages about $1.07B and $461.87 million US Long portfolio, upped its stake in Wesco Aircraft Holdings Inc. (NYSE:WAIR) by 120,198 shares to 1.51 million shares, valued at $16.98 million in 2018Q2, according to the filing. It also increased its holding in Azz Inc. (NYSE:AZZ) by 35,950 shares in the quarter, for a total of 402,896 shares, and has risen its stake in Manitowoc Company Inc..

More notable recent The Chefs' Warehouse, Inc. (NASDAQ:CHEF) news were published by: Nasdaq.com which released: “Innovative Food Holdings Reports Third Quarter 2018 Financial Results – Nasdaq” on November 14, 2018, also Nasdaq.com with their article: “Smucker (SJM) Misses on Q2 Earnings, Cuts Fiscal ’19 View – Nasdaq” published on November 28, 2018, Nasdaq.com published: “iPic® Entertainment Appoints Andrew Essex to Board of Directors Effective November 2018 – Nasdaq” on November 14, 2018. More interesting news about The Chefs' Warehouse, Inc. (NASDAQ:CHEF) were released by: Nasdaq.com and their article: “Conagra Down 9% in 3 Months: Will Efforts Revive Lost Sheen? – Nasdaq” published on November 27, 2018 as well as Nasdaq.com‘s news article titled: “3 Reasons Why Church & Dwight (CHD) is Up 17% in 3 Months – Nasdaq” with publication date: November 26, 2018.

Among 8 analysts covering Chefs’ Warehouse (NASDAQ:CHEF), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Chefs’ Warehouse had 30 analyst reports since July 31, 2015 according to SRatingsIntel. The company was upgraded on Monday, November 13 by BMO Capital Markets. Jefferies maintained the shares of CHEF in report on Friday, August 25 with “Buy” rating. The firm has “Buy” rating by Canaccord Genuity given on Friday, January 5. The rating was maintained by Canaccord Genuity on Thursday, May 10 with “Buy”. As per Thursday, January 21, the company rating was maintained by Canaccord Genuity. The stock of The Chefs' Warehouse, Inc. (NASDAQ:CHEF) has “Buy” rating given on Friday, February 19 by Canaccord Genuity. The stock of The Chefs' Warehouse, Inc. (NASDAQ:CHEF) earned “Hold” rating by BMO Capital Markets on Wednesday, November 8. Canaccord Genuity maintained it with “Buy” rating and $1900 target in Thursday, August 10 report. The firm has “Buy” rating by BB&T Capital given on Wednesday, November 4. The stock has “Buy” rating by BMO Capital Markets on Tuesday, January 23.

Analysts await The Chefs' Warehouse, Inc. (NASDAQ:CHEF) to report earnings on February, 19. They expect $0.32 earnings per share, up 39.13% or $0.09 from last year’s $0.23 per share. CHEF’s profit will be $9.59M for 28.72 P/E if the $0.32 EPS becomes a reality. After $0.19 actual earnings per share reported by The Chefs' Warehouse, Inc. for the previous quarter, Wall Street now forecasts 68.42% EPS growth.

Investors sentiment decreased to 1.67 in 2018 Q2. Its down 0.48, from 2.15 in 2018Q1. It turned negative, as 9 investors sold CHEF shares while 34 reduced holdings. 22 funds opened positions while 50 raised stakes. 21.87 million shares or 3.54% more from 21.12 million shares in 2018Q1 were reported. Intrust State Bank Na, Kansas-based fund reported 7,405 shares. Mackenzie Financial Corp holds 0% of its portfolio in The Chefs' Warehouse, Inc. (NASDAQ:CHEF) for 8,965 shares. Conestoga Advsrs Ltd Limited Liability Company stated it has 1.08% in The Chefs' Warehouse, Inc. (NASDAQ:CHEF). Foundry Prtn Ltd Llc reported 89,691 shares. Rutabaga Cap Ltd Liability Ma, Massachusetts-based fund reported 158,488 shares. Vanguard Gru Incorporated reported 1.21M shares. Illinois-based Envestnet Asset Management Incorporated has invested 0% in The Chefs' Warehouse, Inc. (NASDAQ:CHEF). Raymond James And Assocs has 0% invested in The Chefs' Warehouse, Inc. (NASDAQ:CHEF). Los Angeles Capital & Equity accumulated 0% or 7,140 shares. Cadence Management Ltd Liability Corp has 75,454 shares for 0.13% of their portfolio. Washington-based Parametric Lc has invested 0% in The Chefs' Warehouse, Inc. (NASDAQ:CHEF). Comerica Commercial Bank has invested 0.01% in The Chefs' Warehouse, Inc. (NASDAQ:CHEF). Metropolitan Life Insurance New York holds 7,640 shares. Advisory Rech has invested 0.04% of its portfolio in The Chefs' Warehouse, Inc. (NASDAQ:CHEF). Kayne Anderson Rudnick Inv Management Llc has invested 0.85% in The Chefs' Warehouse, Inc. (NASDAQ:CHEF).

Since July 17, 2018, it had 1 buy, and 5 insider sales for $35.61 million activity. $34,925 worth of The Chefs' Warehouse, Inc. (NASDAQ:CHEF) shares were bought by OLIVER KATHERINE. 200,000 shares valued at $7.39M were sold by Pappas Christopher on Wednesday, November 7. Lecouras Patricia had sold 12,000 shares worth $376,800 on Tuesday, July 17.

The Chefs' Warehouse, Inc. (NASDAQ:CHEF) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.