Nuveen Pennsylvania Quality Municipal Income Fund (NQP) Forms $12.61 Double Bottom; Contour Asset Management Has Cut Grubhub (GRUB) Position

Contour Asset Management Llc decreased Grubhub Inc (GRUB) stake by 95.77% reported in 2018Q1 SEC filing. Contour Asset Management Llc sold 2.23M shares as Grubhub Inc (GRUB)’s stock rose 2.67%. The Contour Asset Management Llc holds 98,630 shares with $10.01 million value, down from 2.33 million last quarter. Grubhub Inc now has $9.71 billion valuation. The stock increased 2.62% or $2.75 during the last trading session, reaching $107.57. About 985,708 shares traded. GrubHub Inc. (NYSE:GRUB) has risen 140.33% since June 12, 2017 and is uptrending. It has outperformed by 127.76% the S&P500. Some Historical GRUB News: ; 24/04/2018 – GrubHub Closes Below 50-Day Moving Average: Technicals; 15/03/2018 ShiftPixy Delivers a Revolution to Fast Food and Fast Casual; 30/05/2018 – GrubHub Closes Above 50-Day Moving Average: Technicals; 17/05/2018 – GrubHub Favored by 6 Hedge Funds, 13Fs Show; 10/05/2018 – Amazon, Google, Kount, Bank of America, GrubHub and PayPal Among Presenters at 2018 Mobile Payments Conference in Chicago; 01/05/2018 – GrubHub Sees 2018 Rev $930M-$965M; 01/05/2018 – Grubhub: 5 Interesting Details About the Yum Brands Deal — Barrons.com; 10/05/2018 – GRUBHUB PARTNERS WITH JACK IN BOX; 10/05/2018 – GRUBHUB INC – PARTNERING WITH JACK IN BOX TO PROVIDE DELIVERY FOR HUNDREDS OF LOCATIONS ACROSS THE COUNTRY; 22/05/2018 – GRUBHUB INC GRUB.N : MIZUHO RAISES TARGET PRICE TO $115 FROM $105

Nuveen Pennsylvania Quality Municipal Income Fund (NQP) formed double bottom with $11.60 target or 8.00% below today’s $12.61 share price. Nuveen Pennsylvania Quality Municipal Income Fund (NQP) has $476.09 million valuation. The stock increased 0.24% or $0.03 during the last trading session, reaching $12.61. About 85,992 shares traded or 50.17% up from the average. Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP) has declined 6.53% since June 12, 2017 and is downtrending. It has underperformed by 19.10% the S&P500.

More important recent GrubHub Inc. (NYSE:GRUB) news were published by: Seekingalpha.com which released: “GrubHub: The Bullish Story Is Still Intact” on May 16, 2018, also Finance.Yahoo.com published article titled: “Yelp Inc Stock Very Easily Could Climb 40% from Current Levels”, Fool.com published: “Is Square Evolving Into a Threat to GrubHub?” on May 15, 2018. More interesting news about GrubHub Inc. (NYSE:GRUB) was released by: Seekingalpha.com and their article: “Software: The Other Leg Of The Tech Juggernaut” with publication date: June 06, 2018.

Analysts await GrubHub Inc. (NYSE:GRUB) to report earnings on August, 2. They expect $0.30 EPS, up 36.36% or $0.08 from last year’s $0.22 per share. GRUB’s profit will be $27.07M for 89.64 P/E if the $0.30 EPS becomes a reality. After $0.44 actual EPS reported by GrubHub Inc. for the previous quarter, Wall Street now forecasts -31.82% negative EPS growth.

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. The firm has “Outperform” rating given on Wednesday, October 28 by Northland Capital. The firm has “Hold” rating given on Monday, March 19 by Stifel Nicolaus. As per Friday, July 29, the company rating was maintained by Canaccord Genuity. The firm earned “Hold” rating on Friday, July 29 by Maxim Group. Credit Suisse maintained GrubHub Inc. (NYSE:GRUB) rating on Wednesday, May 2. Credit Suisse has “Neutral” rating and $99 target. As per Wednesday, April 12, the company rating was upgraded by Oppenheimer. The stock of GrubHub Inc. (NYSE:GRUB) has “Overweight” rating given on Friday, February 9 by KeyBanc Capital Markets. The company was maintained on Monday, February 5 by Roth Capital. The firm has “Buy” rating given on Tuesday, February 6 by Stifel Nicolaus. The firm has “Outperform” rating by Oppenheimer given on Wednesday, October 28.

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