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Several large investors have recently engaged with Performance Food Group (PFGC). Rise Advisors LLC and Innealta Capital LLC entered positions valued at approximately $29,000 and $30,000, respectively. Mather Group LLC’s stake is worth $44,000, while GAMMA Investing LLC increased its holdings by 65.2%, owning 884 shares valued at $58,000. International Assets Investment Management LLC acquired $105,000 in shares. Hedge funds own 96.87% of PFGC stock.
PFGC Stock Overview
PFGC shares opened at $78.56. Key financial ratios include a debt-to-equity ratio of 0.95 and a market cap of $12.24 billion. The stock’s 52-week range is $52.92 to $79.59.
Latest Earnings Announcement
On August 14, PFGC reported $1.45 EPS for the quarter, exceeding estimates of $1.37. Revenue was $15.20 billion, slightly below expectations. Analysts forecast an EPS of 4.87 for this fiscal year.
Insider Transactions
Insider George L. Holm sold 63,500 shares at $73.53, totaling approximately $4.67 million, while Patrick T. Hagerty sold 8,000 shares at $74.56. Insiders have sold 100,500 shares worth $7.43 million over the past 90 days.
Analyst Ratings
Recent analyst reports show mixed results. Morgan Stanley lowered their price target to $76, while Jefferies raised theirs to $95. Overall, PFGC maintains a “Moderate Buy” average rating with a target price of $87.00.
More on Performance Food Group: The company specializes in food distribution across various segments, including Foodservice and Convenience.
Further Reading
- Explore five stocks outperforming PFGC
- Beginner’s guide to buying stock
- Top stocks amid S&P 500 resistance
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