Martingale Asset Management L P maintained its position in Performance Food Group Company (NYSE:PFGC) during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 137,014 shares of the restaurant operator’s stock at the close of the 2nd quarter. Martingale Asset Management L P owned 0.13% of Performance Food Group worth $3,755,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Public Employees Retirement System of Ohio grew its holdings in Performance Food Group by 37.2% in the first quarter. Public Employees Retirement System of Ohio now owns 4,603 shares of the restaurant operator’s stock worth $110,000 after purchasing an additional 1,247 shares during the period. American International Group Inc. grew its holdings in Performance Food Group by 7.1% in the first quarter. American International Group Inc. now owns 23,075 shares of the restaurant operator’s stock worth $549,000 after purchasing an additional 1,539 shares during the period. NN Investment Partners Holdings N.V. grew its holdings in Performance Food Group by 8.2% in the second quarter. NN Investment Partners Holdings N.V. now owns 24,580 shares of the restaurant operator’s stock worth $673,000 after purchasing an additional 1,865 shares during the period. Advisors Asset Management Inc. grew its holdings in Performance Food Group by 33.0% in the second quarter. Advisors Asset Management Inc. now owns 10,720 shares of the restaurant operator’s stock worth $294,000 after purchasing an additional 2,662 shares during the period. Finally, TD Asset Management Inc. grew its holdings in Performance Food Group by 22.8% in the first quarter. TD Asset Management Inc. now owns 19,400 shares of the restaurant operator’s stock worth $462,000 after purchasing an additional 3,600 shares during the period. Institutional investors and hedge funds own 79.07% of the company’s stock.

Performance Food Group Company (NYSE:PFGC) opened at 28.45 on Friday. The stock’s 50 day moving average is $27.75 and its 200-day moving average is $26.41. The firm has a market capitalization of $2.96 billion, a PE ratio of 30.59 and a beta of -0.28. Performance Food Group Company has a one year low of $19.95 and a one year high of $29.90.

Performance Food Group (NYSE:PFGC) last released its earnings results on Wednesday, August 16th. The restaurant operator reported $0.48 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.50 by ($0.02). The business had revenue of $4.43 billion during the quarter, compared to analysts’ expectations of $4.46 billion. Performance Food Group had a return on equity of 14.73% and a net margin of 0.57%. The firm’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.38 earnings per share. On average, analysts anticipate that Performance Food Group Company will post $1.43 EPS for the current fiscal year.

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In other Performance Food Group news, insider James D. Hope bought 3,575 shares of Performance Food Group stock in a transaction dated Friday, August 25th. The shares were purchased at an average cost of $26.99 per share, with a total value of $96,489.25. Following the transaction, the insider now directly owns 65,480 shares of the company’s stock, valued at $1,767,305.20. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 3.50% of the stock is owned by corporate insiders.

A number of research firms have commented on PFGC. Zacks Investment Research upgraded shares of Performance Food Group from a “hold” rating to a “buy” rating and set a $31.00 price target for the company in a report on Wednesday, June 14th. BMO Capital Markets set a $30.00 price target on shares of Performance Food Group and gave the stock a “buy” rating in a report on Tuesday, June 27th. Wells Fargo & Company restated a “buy” rating on shares of Performance Food Group in a report on Tuesday, August 8th. Royal Bank Of Canada set a $27.00 price target on shares of Performance Food Group and gave the stock a “hold” rating in a report on Tuesday, August 15th. Finally, BidaskClub upgraded shares of Performance Food Group from a “hold” rating to a “buy” rating in a report on Thursday, August 24th. Eight analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Performance Food Group has a consensus rating of “Hold” and a consensus target price of $29.20.

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.

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

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