Performance Food Group Company (NYSE:PFGC) Director William F. Dawson, Jr. sold 5,000,000 shares of the company’s stock in a transaction dated Friday, November 24th. The shares were sold at an average price of $28.03, for a total value of $140,150,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Performance Food Group Company (NYSE PFGC) traded down $0.20 during trading hours on Friday, hitting $28.25. The stock had a trading volume of 969,500 shares, compared to its average volume of 789,617. Performance Food Group Company has a 12 month low of $19.95 and a 12 month high of $29.90. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.55 and a quick ratio of 0.80. The firm has a market cap of $3,050.00 and a P/E ratio of 21.57.
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 analysts’ consensus estimates 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 business had revenue of $4.37 billion for the quarter, compared to the consensus estimate of $4.37 billion. During the same period in the prior year, the business earned $0.20 EPS. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. research analysts predict that Performance Food Group Company will post 1.45 EPS for the current fiscal year.
ILLEGAL ACTIVITY WARNING: This article was originally published by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this article on another publication, it was illegally stolen and republished in violation of U.S. and international trademark and copyright legislation. The original version of this article can be accessed at https://sportsperspectives.com/2017/11/24/insider-selling-performance-food-group-company-pfgc-director-sells-5000000-shares-of-stock.html.
Institutional investors have recently modified their holdings of the company. Public Employees Retirement System of Ohio raised its stake in shares of Performance Food Group by 37.2% in the first quarter. Public Employees Retirement System of Ohio now owns 4,603 shares of the restaurant operator’s stock worth $110,000 after purchasing an additional 1,247 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of Performance Food Group in the second quarter worth approximately $118,000. Pacad Investment Ltd. raised its stake in shares of Performance Food Group by 880.0% in the second quarter. Pacad Investment Ltd. now owns 4,900 shares of the restaurant operator’s stock worth $134,000 after purchasing an additional 4,400 shares during the last quarter. Strs Ohio raised its stake in shares of Performance Food Group by 4,700.0% in the third quarter. Strs Ohio now owns 4,800 shares of the restaurant operator’s stock worth $135,000 after purchasing an additional 4,700 shares during the last quarter. Finally, Tower Research Capital LLC TRC purchased a new stake in shares of Performance Food Group in the second quarter worth approximately $141,000. 82.16% of the stock is owned by hedge funds and other institutional investors.
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.
Receive News & Ratings for Performance Food Group Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Performance Food Group Company and related companies with MarketBeat.com's FREE daily email newsletter.