Performance Food Group Company (PFGC) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC lifted its holdings in Performance Food Group Company (NYSE:PFGC) by 139.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,283 shares of the restaurant operator’s stock after buying an additional 5,990 shares during the quarter. SG Americas Securities LLC’s holdings in Performance Food Group were worth $290,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Pacad Investment Ltd. raised its holdings 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 valued at $134,000 after buying an additional 4,400 shares during the last quarter. Strs Ohio raised its holdings 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 valued at $135,000 after buying an additional 4,700 shares during the last quarter. Tower Research Capital LLC TRC bought a new position in shares of Performance Food Group in the second quarter valued at about $141,000. Public Employees Retirement System of Ohio raised its holdings in shares of Performance Food Group by 25.6% in the second quarter. Public Employees Retirement System of Ohio now owns 5,780 shares of the restaurant operator’s stock valued at $158,000 after buying an additional 1,177 shares during the last quarter. Finally, Ameritas Investment Partners Inc. raised its holdings in shares of Performance Food Group by 113.9% in the second quarter. Ameritas Investment Partners Inc. now owns 6,242 shares of the restaurant operator’s stock valued at $171,000 after buying an additional 3,324 shares during the last quarter. 82.36% of the stock is owned by institutional investors and hedge funds.

A number of research analysts recently issued reports on the company. BidaskClub raised Performance Food Group from a “hold” rating to a “buy” rating in a report on Monday, September 18th. Wells Fargo & Company upgraded Performance Food Group from a “market perform” rating to an “outperform” rating in a research report on Friday, November 3rd. Loop Capital set a $35.00 price objective on Performance Food Group and gave the stock a “buy” rating in a research report on Friday. TheStreet lowered Performance Food Group from a “b-” rating to a “c” rating in a research report on Monday, November 27th. Finally, Morgan Stanley lifted their price objective on Performance Food Group from $28.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 9th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $30.88.

In other news, insider Craig Howard Hoskins sold 4,450 shares of the business’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $27.81, for a total transaction of $123,754.50. Following the completion of the transaction, the insider now directly owns 175,993 shares in the company, valued at approximately $4,894,365.33. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, 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 value of $186,180,087.52. The disclosure for this sale can be found here. Over the last quarter, insiders sold 11,277,364 shares of company stock valued at $326,453,842. Corporate insiders own 3.70% of the company’s stock.

Shares of Performance Food Group Company (NYSE PFGC) opened at $31.45 on Monday. The company has a quick ratio of 0.80, a current ratio of 1.55 and a debt-to-equity ratio of 1.42. The company has a market capitalization of $3,293.48, a PE ratio of 24.03, a P/E/G ratio of 1.21 and a beta of -0.21. Performance Food Group Company has a 12-month low of $21.70 and a 12-month high of $31.85.

Performance Food Group (NYSE:PFGC) last announced its quarterly earnings data on Wednesday, November 8th. The restaurant operator reported $0.27 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 analyst estimates of $4.37 billion. Performance Food Group had a return on equity of 15.02% and a net margin of 0.62%. The company’s revenue was up 7.9% on a year-over-year basis. During the same period last year, the company earned $0.20 earnings per share. analysts anticipate that Performance Food Group Company will post 1.45 EPS for the current 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.

Institutional Ownership by Quarter for Performance Food Group (NYSE:PFGC)

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