Domino’s Pizza Inc. (DPZ), Godaddy Inc (GDDY) & More: 5 Stocks Which Are Rewarding Shareholders

GrubHub Inc (NYSE:GRUB) reached its 52-week high of $43.62 yesterday, with the stock having risen by nearly 70% this year. Helping the stock this week was a price target upgrade from Cowen on September 20, which bumped its target price on the stock to $38 from $33. The firm’s report also stated that GrubHub is likely to expand its market share in the near future. Due to its massive gains this year, GrubHub currently has a rather high P/E ratio of 90.13. 25 hedge funds in our database had positions in GrubHub at the end of the June quarter, valued at about $992 million and amounting to about 37.70% of GrubHub Inc (NYSE:GRUB)’s outstanding stock.

Koninklijke Philips NV (ADR) (NYSE:PHG) spiked to its 52-week high of $30.09 yesterday on the 20th anniversary of its HeartStart automated external defibrillators, which have sold 1.5 million units. Philips’ announced a collaboration with QUALCOMM Inc. (NASDAQ:QCOM) to develop an IoT healthcare ecosystem at the end of August, which has helped push shares up by 3% this month. Qualcomm Life and Philips HealthSuite will work together to create a large but scalable healthcare ecosystem that they hope will create a lucrative niche market. 14 hedge funds that we track held about $329 million in Koninklijke Philips NV (ADR) (NYSE:PHG) positions stock at the end of June, compared to 11 funds with $364 million in holdings at the end of March.

Mastercard Inc (NYSE:MA) vaulted to its 52-week high of $102.33 yesterday. The company is looking to launch new biometric technology which will help curtail the chances of online fraud. The technology will be used to verify customers’ identities during online transactions. The new system is likely to be implemented in the course of the coming few weeks, with MasterCard currently testing the feature. 82 of the hedge funds in our system held about $6.50 billion worth of Mastercard’s shares stock on June 30, up from 80 funds holding $6.21 billion in stock on March 31.

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