7,965 Shares in Aramark (ARMK) Purchased by DF Dent & Co. Inc.

DF Dent & Co. Inc. acquired a new position in Aramark (NYSE:ARMK) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 7,965 shares of the company’s stock, valued at approximately $340,000.

Several other large investors have also modified their holdings of the business. California State Teachers Retirement System grew its stake in shares of Aramark by 0.3% in the 4th quarter. California State Teachers Retirement System now owns 415,565 shares of the company’s stock worth $17,761,000 after buying an additional 1,287 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of Aramark by 54.9% in the 4th quarter. SG Americas Securities LLC now owns 3,954 shares of the company’s stock worth $169,000 after buying an additional 1,401 shares in the last quarter. Advisor Group Inc. grew its stake in shares of Aramark by 85.7% in the 3rd quarter. Advisor Group Inc. now owns 3,342 shares of the company’s stock worth $136,000 after buying an additional 1,542 shares in the last quarter. Public Employees Retirement Association of Colorado boosted its stake in shares of Aramark by 3.2% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 49,642 shares of the company’s stock worth $2,122,000 after purchasing an additional 1,547 shares during the period. Finally, Chevy Chase Trust Holdings Inc. boosted its stake in shares of Aramark by 1.0% during the 3rd quarter. Chevy Chase Trust Holdings Inc. now owns 166,907 shares of the company’s stock worth $6,778,000 after purchasing an additional 1,598 shares during the period. 94.69% of the stock is owned by institutional investors and hedge funds.

How to Become a New Pot Stock Millionaire

A number of equities analysts recently commented on ARMK shares. Stifel Nicolaus started coverage on shares of Aramark in a research note on Tuesday, December 19th. They set a “buy” rating and a $50.00 price target for the company. Barclays lifted their price target on shares of Aramark from $45.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Friday, December 22nd. Zacks Investment Research raised shares of Aramark from a “sell” rating to a “hold” rating in a research note on Wednesday, November 22nd. Credit Suisse Group reaffirmed an “outperform” rating and set a $50.00 price target on shares of Aramark in a research note on Wednesday, January 24th. Finally, Royal Bank of Canada reaffirmed a “buy” rating and set a $51.00 price target on shares of Aramark in a research note on Friday, January 19th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $47.43.

ARMK stock opened at $41.05 on Wednesday. Aramark has a 52 week low of $36.06 and a 52 week high of $46.09. The company has a current ratio of 1.40, a quick ratio of 1.09 and a debt-to-equity ratio of 2.56. The company has a market cap of $10,039.76, a PE ratio of 19.09, a P/E/G ratio of 1.71 and a beta of 0.60.

Aramark (NYSE:ARMK) last released its quarterly earnings results on Tuesday, February 6th. The company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.03. Aramark had a net margin of 3.65% and a return on equity of 18.68%. The firm had revenue of $3.97 billion during the quarter, compared to analysts’ expectations of $3.88 billion. During the same period in the previous year, the company earned $0.55 EPS. The firm’s revenue for the quarter was up 6.2% compared to the same quarter last year. analysts predict that Aramark will post 1.99 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 1st. Investors of record on Wednesday, February 14th were issued a dividend of $0.105 per share. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $0.42 dividend on an annualized basis and a yield of 1.02%. Aramark’s payout ratio is 19.53%.

ILLEGAL ACTIVITY NOTICE: “7,965 Shares in Aramark (ARMK) Purchased by DF Dent & Co. Inc.” was first published by Ticker Report and is the sole property of of Ticker Report. If you are reading this news story on another website, it was stolen and reposted in violation of US and international copyright & trademark laws. The correct version of this news story can be accessed at https://www.tickerreport.com/banking-finance/3284000/7965-shares-in-aramark-armk-purchased-by-df-dent-co-inc.html.

Aramark Company Profile

Aramark is a global provider of food, facilities and uniform services to education, healthcare, business and industry, and sports, leisure and corrections clients. The Company operates through three segments: Food and Support Services North America (FSS North America), Food and Support Services International (FSS International), and Uniform and Career Apparel (Uniform).

Institutional Ownership by Quarter for Aramark (NYSE:ARMK)

Receive News & Ratings for Aramark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aramark and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

MKS Instruments  Releases Q2 Earnings Guidance
MKS Instruments Releases Q2 Earnings Guidance
Vipshop  versus Qurate Retail Group  Critical Contrast
Vipshop versus Qurate Retail Group Critical Contrast
Reviewing Chunghwa Telecom  and Cellcom
Reviewing Chunghwa Telecom and Cellcom
Gnosis  Market Capitalization Hits $123.05 Million
Gnosis Market Capitalization Hits $123.05 Million
VoteCoin Price Up 215% This Week
VoteCoin Price Up 215% This Week
Dashcoin  Tops One Day Volume of $1,507.00
Dashcoin Tops One Day Volume of $1,507.00


© 2006-2018 Ticker Report. Google+.