Performance Food Group Company (PFGC) Director Sells $186,180,087.52 in Stock
Performance Food Group Company (NYSE:PFGC) Director William F. Dawson, Jr. sold 6,272,914 shares of the business’s stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $29.68, for a total transaction of $186,180,087.52. The transaction 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 $0.40 on Friday, reaching $30.85. 1,099,200 shares of the company were exchanged, compared to its average volume of 812,818. The firm has a market cap of $3,280.00 and a P/E ratio of 23.24. Performance Food Group Company has a 12-month low of $21.70 and a 12-month high of $31.25. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.80 and a current ratio of 1.55.
Performance Food Group (NYSE:PFGC) last posted its earnings results on Wednesday, November 8th. The restaurant operator reported $0.27 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.02. The firm had revenue of $4.37 billion during the quarter, compared to the consensus estimate of $4.37 billion. Performance Food Group had a net margin of 0.62% and a return on equity of 15.02%. The company’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.20 EPS. analysts expect that Performance Food Group Company will post 1.45 EPS for the current year.
Several research firms recently commented on PFGC. BidaskClub lowered shares of Performance Food Group from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Wells Fargo & Company restated a “hold” rating on shares of Performance Food Group in a report on Thursday, August 17th. Royal Bank Of Canada set a $27.00 target price on shares of Performance Food Group and gave the company a “hold” rating in a report on Tuesday, August 15th. TheStreet lowered shares of Performance Food Group from a “b-” rating to a “c” rating in a report on Monday, November 27th. Finally, Guggenheim restated a “buy” rating and issued a $33.00 target price (up from $31.00) on shares of Performance Food Group in a report on Wednesday, September 6th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $30.88.
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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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