Cramer Rosenthal Mcglynn LLC raised its position in shares of Performance Food Group Co (NYSE:PFGC) by 54.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,224,415 shares of the restaurant operator’s stock after acquiring an additional 431,335 shares during the period. Cramer Rosenthal Mcglynn LLC owned approximately 1.18% of Performance Food Group worth $40,528,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of PFGC. Public Employees Retirement System of Ohio boosted its holdings in shares of Performance Food Group by 25.6% during the second quarter. Public Employees Retirement System of Ohio now owns 5,780 shares of the restaurant operator’s stock worth $158,000 after acquiring an additional 1,177 shares during the period. Nationwide Fund Advisors boosted its holdings in shares of Performance Food Group by 13.8% during the third quarter. Nationwide Fund Advisors now owns 45,828 shares of the restaurant operator’s stock worth $1,295,000 after acquiring an additional 5,549 shares during the period. State Board of Administration of Florida Retirement System bought a new stake in shares of Performance Food Group during the third quarter worth approximately $492,000. Prudential Financial Inc. boosted its holdings in shares of Performance Food Group by 1,555.5% during the third quarter. Prudential Financial Inc. now owns 227,630 shares of the restaurant operator’s stock worth $6,430,000 after acquiring an additional 213,880 shares during the period. Finally, Keybank National Association OH boosted its holdings in shares of Performance Food Group by 5.7% during the third quarter. Keybank National Association OH now owns 47,050 shares of the restaurant operator’s stock worth $1,329,000 after acquiring an additional 2,525 shares during the period. Institutional investors own 94.97% of the company’s stock.
In other news, insider Craig Howard Hoskins sold 12,533 shares of Performance Food Group stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $30.49, for a total value of $382,131.17. Following the completion of the sale, the insider now directly owns 149,744 shares in the company, valued at $4,565,694.56. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 3.70% of the stock is currently owned by insiders.
Shares of Performance Food Group Co (NYSE:PFGC) opened at $31.80 on Tuesday. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.67 and a quick ratio of 0.86. Performance Food Group Co has a 1 year low of $22.30 and a 1 year high of $35.25. The firm has a market cap of $3,354.02, a P/E ratio of 20.38, a PEG ratio of 0.96 and a beta of 0.26.
Performance Food Group (NYSE:PFGC) last released its quarterly earnings results on Wednesday, February 7th. The restaurant operator reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.03. Performance Food Group had a net margin of 1.24% and a return on equity of 15.69%. The company had revenue of $4.31 billion during the quarter, compared to the consensus estimate of $4.35 billion. During the same period in the previous year, the business earned $0.29 earnings per share. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. analysts predict that Performance Food Group Co will post 1.6 EPS for the current year.
About Performance Food Group
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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