Aramark Holdings Corp. (NYSE:ARMK) Director Stephen I. Sadove acquired 7,500 shares of the business’s stock in a transaction that occurred on Thursday, November 17th. The shares were purchased at an average cost of $33.53 per share, with a total value of $251,475.00. Following the transaction, the director now directly owns 22,489 shares of the company’s stock, valued at $754,056.17. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of Aramark Holdings Corp. (NYSE:ARMK) opened at 35.057 on Wednesday. The firm has a market cap of $8.55 billion, a P/E ratio of 30.222 and a beta of 0.58. The firm’s 50-day moving average is $36.43 and its 200-day moving average is $35.62. Aramark Holdings Corp. has a 52-week low of $29.18 and a 52-week high of $38.30.

Aramark Holdings Corp. (NYSE:ARMK) last issued its quarterly earnings results on Tuesday, November 15th. The company reported $0.49 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.49. The firm earned $3.54 billion during the quarter, compared to the consensus estimate of $3.67 billion. Aramark Holdings Corp. had a return on equity of 19.25% and a net margin of 2.00%. The company’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter last year, the company posted $0.44 EPS. Analysts anticipate that Aramark Holdings Corp. will post $1.90 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 8th. Stockholders of record on Monday, November 28th will be given a dividend of $0.103 per share. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend is Wednesday, November 23rd. This is an increase from Aramark Holdings Corp.’s previous quarterly dividend of $0.10. Aramark Holdings Corp.’s dividend payout ratio (DPR) is 32.76%.

Several brokerages have commented on ARMK. Royal Bank Of Canada lowered their target price on Aramark Holdings Corp. from $42.00 to $41.00 and set a “top pick” rating for the company in a research note on Wednesday, November 16th. Zacks Investment Research raised Aramark Holdings Corp. from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a research note on Tuesday, October 4th. Macquarie began coverage on Aramark Holdings Corp. in a research note on Thursday, August 25th. They set an “outperform” rating and a $44.00 target price for the company. JPMorgan Chase & Co. boosted their target price on Aramark Holdings Corp. from $37.00 to $44.00 and gave the stock an “overweight” rating in a research note on Thursday, August 11th. Finally, Nomura boosted their target price on Aramark Holdings Corp. from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Thursday, August 11th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. Aramark Holdings Corp. presently has a consensus rating of “Buy” and a consensus price target of $40.92.

Several hedge funds have recently modified their holdings of the stock. OLD Mutual Customised Solutions Proprietary Ltd. acquired a new stake in shares of Aramark Holdings Corp. during the second quarter worth about $107,000. Fuller & Thaler Asset Management Inc. increased its stake in shares of Aramark Holdings Corp. by 61.1% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 2,900 shares of the company’s stock worth $110,000 after buying an additional 1,100 shares during the period. MU Investments Co. Ltd. acquired a new stake in shares of Aramark Holdings Corp. during the second quarter worth about $148,000. 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 worth $175,000 after buying an additional 165 shares during the period. Finally, Daiwa Securities Group Inc. increased its stake in shares of Aramark Holdings Corp. by 11.5% in the second quarter. Daiwa Securities Group Inc. now owns 5,350 shares of the company’s stock worth $179,000 after buying an additional 550 shares during the period. Hedge funds and other institutional investors own 97.51% of the company’s stock.

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Aramark Holdings Corp. Company Profile

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).

5 Day Chart for NYSE:ARMK

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