Performance Food Group Company (NYSE:PFGC) insider James D. Hope purchased 3,575 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The stock was purchased at an average price of $26.99 per share, for a total transaction of $96,489.25. Following the completion of the transaction, the insider now directly owns 65,480 shares in the company, valued at $1,767,305.20. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Performance Food Group Company (PFGC) opened at 26.95 on Monday. The stock’s 50 day moving average is $27.75 and its 200 day moving average is $25.95. Performance Food Group Company has a 52 week low of $19.95 and a 52 week high of $29.25. The company has a market capitalization of $2.80 billion, a PE ratio of 28.98 and a beta of -0.31.

Performance Food Group (NYSE:PFGC) last issued its quarterly earnings data on Wednesday, August 16th. The restaurant operator reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by $0.02. Performance Food Group had a return on equity of 15.05% and a net margin of 0.57%. The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.46 billion. During the same period in the prior year, the company earned $0.38 EPS. The firm’s revenue was up 1.3% compared to the same quarter last year. Analysts predict that Performance Food Group Company will post $1.43 EPS for the current fiscal year.

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A number of large investors have recently modified their holdings of the company. FMR LLC raised its stake in shares of Performance Food Group by 344.4% in the first quarter. FMR LLC now owns 12,255,431 shares of the restaurant operator’s stock worth $291,680,000 after buying an additional 9,497,642 shares in the last quarter. Wellington Management Group LLP bought a new stake in shares of Performance Food Group during the first quarter worth approximately $70,404,000. Vanguard Group Inc. increased its position in Performance Food Group by 56.9% in the first quarter. Vanguard Group Inc. now owns 5,780,990 shares of the restaurant operator’s stock worth $137,588,000 after buying an additional 2,095,631 shares during the last quarter. BlackRock Inc. increased its position in Performance Food Group by 62.4% in the second quarter. BlackRock Inc. now owns 5,336,665 shares of the restaurant operator’s stock worth $146,224,000 after buying an additional 2,049,633 shares during the last quarter. Finally, Victory Capital Management Inc. increased its position in Performance Food Group by 97.2% in the second quarter. Victory Capital Management Inc. now owns 3,526,649 shares of the restaurant operator’s stock worth $96,631,000 after buying an additional 1,738,128 shares during the last quarter. 79.32% of the stock is currently owned by hedge funds and other institutional investors.

PFGC has been the topic of a number of analyst reports. Guggenheim reiterated a “buy” rating and issued a $26.80 price target on shares of Performance Food Group in a research report on Tuesday, June 27th. BidaskClub upgraded shares of Performance Food Group from a “hold” rating to a “buy” rating in a report on Thursday. Loop Capital assumed coverage on shares of Performance Food Group in a report on Monday, May 15th. They set a “buy” rating and a $35.00 target price on the stock. Barclays PLC restated a “hold” rating and set a $28.00 target price on shares of Performance Food Group in a report on Friday, May 12th. Finally, Wells Fargo & Company restated a “buy” rating on shares of Performance Food Group in a report on Tuesday, August 8th. Six analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Performance Food Group has a consensus rating of “Buy” and an average target price of $28.31.

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.

Insider Buying and Selling by Quarter for Performance Food Group (NYSE:PFGC)

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