Martingale Asset Management L P decreased its stake in shares of Performance Food Group Co (NYSE:PFGC) by 1.3% during the fourth quarter, HoldingsChannel reports. The firm owned 135,214 shares of the restaurant operator’s stock after selling 1,800 shares during the quarter. Martingale Asset Management L P’s holdings in Performance Food Group were worth $4,476,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Public Employees Retirement Association of Colorado acquired a new position in Performance Food Group during the 4th quarter valued at approximately $103,000. Balter Liquid Alternatives LLC acquired a new position in Performance Food Group during the 4th quarter valued at approximately $136,000. Strs Ohio increased its stake in Performance Food Group by 4,700.0% during the 3rd quarter. Strs Ohio now owns 4,800 shares of the restaurant operator’s stock valued at $135,000 after purchasing an additional 4,700 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Performance Food Group by 42.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,979 shares of the restaurant operator’s stock valued at $165,000 after purchasing an additional 1,478 shares in the last quarter. Finally, Public Employees Retirement System of Ohio increased its stake in Performance Food Group by 25.6% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 5,780 shares of the restaurant operator’s stock valued at $158,000 after purchasing an additional 1,177 shares in the last quarter. Institutional investors and hedge funds own 92.10% of the company’s stock.
In related news, Director William F. Dawson, Jr. sold 6,272,914 shares of the stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $29.68, for a total transaction of $186,180,087.52. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Craig Howard Hoskins sold 12,533 shares of the stock in a transaction on Friday, February 9th. The stock was sold at an average price of $30.49, for a total transaction of $382,131.17. Following the sale, the insider now directly owns 149,744 shares in the company, valued at $4,565,694.56. The disclosure for this sale can be found here. Corporate insiders own 3.70% of the company’s stock.
Shares of Performance Food Group Co (PFGC) opened at $31.15 on Wednesday. The company has a market cap of $3,244.82, a price-to-earnings ratio of 21.97, a PEG ratio of 0.93 and a beta of -0.12. The company has a quick ratio of 0.86, a current ratio of 1.67 and a debt-to-equity ratio of 1.38. Performance Food Group Co has a twelve month low of $22.30 and a twelve month high of $35.25.
Performance Food Group (NYSE:PFGC) last released its quarterly earnings data on Wednesday, February 7th. The restaurant operator reported $0.40 EPS for the quarter, beating the consensus estimate of $0.37 by $0.03. The business had revenue of $4.31 billion for the quarter, compared to the consensus estimate of $4.35 billion. Performance Food Group had a net margin of 1.24% and a return on equity of 15.69%. The business’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.29 EPS. sell-side analysts predict that Performance Food Group Co will post 1.6 earnings per share for the current fiscal year.
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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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