Performance Food Group Co (NYSE:PFGC) insider Carol A. O’connell sold 4,505 shares of the stock in a transaction dated Monday, September 24th. The stock was sold at an average price of $34.00, for a total transaction of $153,170.00. Following the sale, the insider now owns 20,891 shares of the company’s stock, valued at approximately $710,294. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

NYSE PFGC traded down $0.30 during trading hours on Tuesday, hitting $33.90. 1,076,600 shares of the stock were exchanged, compared to its average volume of 675,131. The stock has a market capitalization of $3.50 billion, a P/E ratio of 21.98, a P/E/G ratio of 1.09 and a beta of 0.19. Performance Food Group Co has a 12-month low of $26.35 and a 12-month high of $39.45. The company has a quick ratio of 0.78, a current ratio of 1.50 and a debt-to-equity ratio of 1.04.

Performance Food Group (NYSE:PFGC) last posted its quarterly earnings results on Wednesday, August 15th. The restaurant operator reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.07). The firm had revenue of $4.59 billion for the quarter, compared to analysts’ expectations of $4.66 billion. Performance Food Group had a return on equity of 15.58% and a net margin of 1.13%. The company’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.48 earnings per share. equities research analysts expect that Performance Food Group Co will post 1.74 earnings per share for the current fiscal year.

PFGC has been the subject of several recent research reports. Wells Fargo & Co increased their target price on shares of Performance Food Group from $40.00 to $46.00 and gave the stock a “$38.15” rating in a research note on Wednesday, July 18th. Guggenheim reiterated a “buy” rating and set a $43.00 target price on shares of Performance Food Group in a research note on Friday, July 20th. Zacks Investment Research upgraded shares of Performance Food Group from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a research note on Friday, July 20th. Loop Capital increased their target price on shares of Performance Food Group to $47.00 and gave the stock a “buy” rating in a research note on Thursday, July 19th. Finally, BMO Capital Markets decreased their target price on shares of Performance Food Group from $40.00 to $38.00 and set a “buy” rating for the company in a research note on Thursday, August 16th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $38.40.

A number of hedge funds and other institutional investors have recently bought and sold shares of PFGC. Sterling Capital Management LLC purchased a new position in Performance Food Group during the second quarter worth about $24,545,000. Millennium Management LLC raised its holdings in Performance Food Group by 202.6% during the second 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 in the last quarter. Scopus Asset Management L.P. raised its holdings in Performance Food Group by 420.0% during the second 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 in the last quarter. Wells Fargo & Company MN raised its holdings in Performance Food Group by 62.7% during the second 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 in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Performance Food Group by 27.6% during the first 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 in the last quarter. 95.35% of the stock is owned by hedge funds and other institutional investors.

About Performance Food Group

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

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