Nomura Asset Management International Adds $2M in The Chefs' Warehouse, Inc. ($CHEF)
Key Points
- Nomura Asset Management International changed its The Chefs' Warehouse, Inc. ($CHEF) stake by 1.5% last quarter, boosting to 1,288,165 shares worth $116.90 million.
- Wall Street's consensus rating on $CHEF is Strong Buy and an average price target of $88.25.
- $CHEF last traded around $90.75.
Nomura Asset Management International increased its position in The Chefs' Warehouse, Inc. ($CHEF) by 1.5% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,288,165 shares of The Chefs' Warehouse, Inc. after buying 18,730 shares during the quarter. Nomura Asset Management International's holdings in The Chefs' Warehouse, Inc. were worth $116.90 million as of its most recent filing.
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About The Chefs' Warehouse, Inc.
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. It offers 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 that includes custom cut beef, seafood, and hormone-free poultry, as well as produce and broadline food products comprising cooking oils, butter, eggs, milk, and flour. The company serves menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, bakeries, patisseries, chocolatiers, cruise lines, casinos, and specialty food stores. It markets its center-of-the-plate products directly to consumers through a mail and e-commerce platform. The Chefs' Warehouse, Inc. was founded in 1985 and is headquartered in Ridgefield, Connecticut.
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