Aramark Holdings Corp. (NYSE:ARMK) Chairman Eric J. Foss acquired 87,566 shares of the company’s stock in a transaction on Monday, November 21st. The stock was acquired at an average cost of $34.50 per share, for a total transaction of $3,021,027.00. Following the completion of the purchase, the chairman now directly owns 1,514,253 shares of the company’s stock, valued at approximately $52,241,728.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Aramark Holdings Corp. (NYSE:ARMK) opened at 34.47 on Tuesday. The stock has a market cap of $8.41 billion, a P/E ratio of 29.72 and a beta of 0.58. Aramark Holdings Corp. has a 1-year low of $29.18 and a 1-year high of $38.30. The stock has a 50 day moving average of $36.51 and a 200 day moving average of $35.61.

Aramark Holdings Corp. (NYSE:ARMK) last released its quarterly earnings results on Tuesday, November 15th. The company reported $0.49 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.49. Aramark Holdings Corp. had a net margin of 2.00% and a return on equity of 19.25%. The firm earned $3.54 billion during the quarter, compared to analyst estimates of $3.67 billion. During the same quarter in the prior year, the firm earned $0.44 EPS. The business’s revenue for the quarter was up .0% compared to the same quarter last year. Equities analysts anticipate that Aramark Holdings Corp. will post $1.90 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 8th. Investors of record on Monday, November 28th will be issued a $0.103 dividend. This represents a $0.41 annualized dividend and a yield of 1.20%. This is a positive change from Aramark Holdings Corp.’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend is Wednesday, November 23rd. Aramark Holdings Corp.’s dividend payout ratio is currently 32.76%.

A number of research analysts have weighed in on the stock. Bank of America Corp. raised their price objective on shares of Aramark Holdings Corp. from $38.00 to $43.00 and gave the company a “buy” rating in a research note on Thursday, August 11th. RBC Capital Markets reaffirmed a “top pick” rating and issued a $42.00 price objective (up from $40.00) on shares of Aramark Holdings Corp. in a research note on Saturday, August 13th. Zacks Investment Research lowered shares of Aramark Holdings Corp. from a “hold” rating to a “sell” rating in a research note on Friday. Morgan Stanley set a $41.00 price objective on shares of Aramark Holdings Corp. and gave the company a “hold” rating in a research note on Thursday, August 11th. Finally, Barclays PLC raised their price objective on shares of Aramark Holdings Corp. from $37.00 to $40.00 and gave the company an “overweight” rating in a research note on Thursday, August 11th. One analyst has rated the stock with a sell rating, two have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Aramark Holdings Corp. currently has a consensus rating of “Buy” and a consensus price target of $40.92.

Large investors have recently added to or reduced their stakes in the company. Dean Investment Associates LLC raised its stake in Aramark Holdings Corp. by 0.9% in the third quarter. Dean Investment Associates LLC now owns 13,354 shares of the company’s stock valued at $508,000 after buying an additional 122 shares in the last quarter. Mn Services Vermogensbeheer B.V. increased its stake in shares of Aramark Holdings Corp. by 2.9% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 5,806 shares of the company’s stock valued at $175,000 after buying an additional 165 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of Aramark Holdings Corp. by 5.4% in the second quarter. SG Americas Securities LLC now owns 7,493 shares of the company’s stock valued at $250,000 after buying an additional 383 shares in the last quarter. Sumitomo Mitsui Asset Management Company LTD increased its stake in shares of Aramark Holdings Corp. by 2.7% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 15,247 shares of the company’s stock valued at $509,000 after buying an additional 408 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in shares of Aramark Holdings Corp. by 1.0% in the second quarter. PNC Financial Services Group Inc. now owns 48,960 shares of the company’s stock valued at $1,635,000 after buying an additional 472 shares in the last quarter. 97.51% of the stock is owned by institutional investors.

About Aramark Holdings Corp.

Aramark provides 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).

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