Performance Food Group Company (NYSE:PFGC) insider Craig Howard Hoskins sold 4,450 shares of Performance Food Group stock in a transaction on Friday, November 10th. The shares were sold at an average price of $27.81, for a total value of $123,754.50. Following the transaction, the insider now owns 175,993 shares of the company’s stock, valued at approximately $4,894,365.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Performance Food Group Company (NYSE:PFGC) traded up $0.10 during mid-day trading on Tuesday, hitting $27.75. The stock had a trading volume of 599,200 shares, compared to its average volume of 779,610. Performance Food Group Company has a 52-week low of $19.95 and a 52-week high of $29.90. The company has a quick ratio of 0.80, a current ratio of 1.55 and a debt-to-equity ratio of 1.42. The stock has a market capitalization of $2,890.00 and a PE ratio of 21.11.
Performance Food Group (NYSE:PFGC) last posted its quarterly earnings results on Wednesday, November 8th. The restaurant operator reported $0.27 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.02. Performance Food Group had a return on equity of 15.02% and a net margin of 0.62%. The firm had revenue of $4.37 billion during the quarter, compared to analysts’ expectations of $4.37 billion. During the same quarter in the previous year, the business earned $0.20 earnings per share. The company’s revenue was up 7.9% on a year-over-year basis. analysts expect that Performance Food Group Company will post 1.45 EPS for the current year.
A number of research analysts have issued reports on PFGC shares. BMO Capital Markets set a $30.00 price objective on Performance Food Group and gave the company a “buy” rating in a research note on Friday, August 4th. BidaskClub cut Performance Food Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 5th. Wells Fargo & Company reiterated a “buy” rating on shares of Performance Food Group in a research note on Tuesday, August 8th. Royal Bank Of Canada set a $27.00 price target on Performance Food Group and gave the stock a “hold” rating in a research note on Tuesday, August 15th. Finally, Guggenheim restated a “buy” rating and issued a $33.00 price target (up previously from $31.00) on shares of Performance Food Group in a research note on Wednesday, September 6th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $30.88.
Institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC purchased a new stake in Performance Food Group during the second quarter valued at $118,000. Public Employees Retirement System of Ohio increased its position in Performance Food Group by 37.2% during the first quarter. Public Employees Retirement System of Ohio now owns 4,603 shares of the restaurant operator’s stock valued at $110,000 after acquiring an additional 1,247 shares during the last quarter. Strs Ohio increased its position in Performance Food Group by 4,700.0% during the third quarter. Strs Ohio now owns 4,800 shares of the restaurant operator’s stock valued at $135,000 after acquiring an additional 4,700 shares during the last quarter. Pacad Investment Ltd. increased its position in Performance Food Group by 880.0% during the second quarter. Pacad Investment Ltd. now owns 4,900 shares of the restaurant operator’s stock valued at $134,000 after acquiring an additional 4,400 shares during the last quarter. Finally, Tower Research Capital LLC TRC purchased a new stake in Performance Food Group during the second quarter valued at $141,000. Institutional investors own 79.61% of the company’s stock.
Performance Food Group Company Profile
Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products. The Company operates through three segments: Performance Foodservice, PFG Customized and Vistar. The Performance Foodservice segment distributes a range of national brands, customer brands, and branded food and food-related products.
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