Performance Food Group Co (NYSE:PFGC) insider George L. Holm sold 5,089 shares of the stock in a transaction on Thursday, September 20th. The stock was sold at an average price of $33.01, for a total value of $167,987.89. Following the completion of the transaction, the insider now owns 1,782,318 shares in the company, valued at $58,834,317.18. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of NYSE:PFGC opened at $34.20 on Tuesday. The company has a current ratio of 1.50, a quick ratio of 0.78 and a debt-to-equity ratio of 1.04. Performance Food Group Co has a 1-year low of $26.35 and a 1-year high of $39.45. The firm has a market cap of $3.50 billion, a price-to-earnings ratio of 22.21, a P/E/G ratio of 1.09 and a beta of 0.19.
Performance Food Group (NYSE:PFGC) last issued its quarterly earnings data on Wednesday, August 15th. The restaurant operator reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.07). Performance Food Group had a net margin of 1.13% and a return on equity of 15.58%. The company had revenue of $4.59 billion for the quarter, compared to the consensus estimate of $4.66 billion. During the same quarter last year, the business posted $0.48 earnings per share. Performance Food Group’s revenue was up 3.7% on a year-over-year basis. sell-side analysts forecast that Performance Food Group Co will post 1.74 earnings per share for the current year.
A number of large investors have recently modified their holdings of PFGC. Sterling Capital Management LLC bought a new stake in shares of Performance Food Group during the 2nd quarter worth $24,545,000. Millennium Management LLC raised its stake in shares of Performance Food Group by 202.6% during the 2nd quarter. Millennium Management LLC now owns 705,332 shares of the restaurant operator’s stock worth $25,886,000 after purchasing an additional 472,273 shares during the period. Scopus Asset Management L.P. raised its stake in shares of Performance Food Group by 420.0% during the 2nd quarter. Scopus Asset Management L.P. now owns 520,000 shares of the restaurant operator’s stock worth $19,084,000 after purchasing an additional 420,000 shares during the period. Wells Fargo & Company MN raised its stake in shares of Performance Food Group by 62.7% during the 2nd quarter. Wells Fargo & Company MN now owns 1,026,740 shares of the restaurant operator’s stock worth $37,681,000 after purchasing an additional 395,836 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Performance Food Group by 27.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,740,423 shares of the restaurant operator’s stock worth $51,952,000 after purchasing an additional 375,955 shares during the period. Institutional investors and hedge funds own 95.35% of the company’s stock.
Performance Food Group Company Profile
Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the United States. It operates in three operating segments: Performance Foodservice, PFG Customized, and Vistar. The company offers a range of frozen foods, such as meats, fully prepared appetizers and entrees, fruits, vegetables, and desserts; canned and dry foods; fresh meats; dairy products; beverage products; imported specialties; fresh produce; and candy, snack, and other products, as well as seafood products, shortenings and oils, baked goods, and salad dressings.
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