V Square Quantitative Management LLC decreased its stake in shares of Performance Food Group Company (NYSE:PFGC – Free Report) by 33.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 465 shares of the food distribution company’s stock after selling 239 shares during the quarter. V Square Quantitative Management LLC’s holdings in Performance Food Group were worth $41,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. CENTRAL TRUST Co increased its holdings in Performance Food Group by 476.5% during the 1st quarter. CENTRAL TRUST Co now owns 490 shares of the food distribution company’s stock worth $39,000 after purchasing an additional 405 shares during the period. Farther Finance Advisors LLC increased its holdings in Performance Food Group by 203.7% during the 1st quarter. Farther Finance Advisors LLC now owns 498 shares of the food distribution company’s stock worth $40,000 after purchasing an additional 334 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in Performance Food Group during the 1st quarter worth about $44,000. SVB Wealth LLC purchased a new stake in Performance Food Group during the 1st quarter worth about $59,000. Finally, Signaturefd LLC increased its holdings in Performance Food Group by 60.9% during the 1st quarter. Signaturefd LLC now owns 830 shares of the food distribution company’s stock worth $65,000 after purchasing an additional 314 shares during the period. Hedge funds and other institutional investors own 96.87% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on PFGC shares. Guggenheim restated a “buy” rating and set a $115.00 price target on shares of Performance Food Group in a report on Tuesday, August 26th. Barclays upped their price objective on Performance Food Group from $112.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, August 14th. Piper Sandler raised Performance Food Group from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $90.00 to $114.00 in a research report on Tuesday, September 2nd. Morgan Stanley upped their price objective on Performance Food Group from $93.00 to $96.00 and gave the stock an “equal weight” rating in a research report on Monday, July 14th. Finally, Truist Financial upped their price objective on Performance Food Group from $101.00 to $118.00 and gave the stock a “buy” rating in a research report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $111.00.
Insider Buying and Selling
In other Performance Food Group news, insider Hugh Patrick Hatcher sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $105.07, for a total transaction of $525,350.00. Following the completion of the sale, the insider directly owned 47,655 shares of the company’s stock, valued at $5,007,110.85. This represents a 9.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Donald S. Bulmer sold 1,308 shares of the stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $101.56, for a total value of $132,840.48. Following the transaction, the insider directly owned 53,794 shares of the company’s stock, valued at approximately $5,463,318.64. This trade represents a 2.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 58,968 shares of company stock valued at $5,944,596 in the last quarter. 2.80% of the stock is currently owned by insiders.
Performance Food Group Stock Up 0.1%
Shares of NYSE PFGC opened at $102.46 on Friday. The stock has a market cap of $16.04 billion, a PE ratio of 47.21, a price-to-earnings-growth ratio of 1.15 and a beta of 1.09. The company has a quick ratio of 0.72, a current ratio of 1.58 and a debt-to-equity ratio of 1.51. Performance Food Group Company has a 52-week low of $68.39 and a 52-week high of $109.05. The business has a 50-day moving average price of $102.13 and a 200 day moving average price of $90.58.
Performance Food Group (NYSE:PFGC – Get Free Report) last announced its earnings results on Wednesday, August 13th. The food distribution company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.45 by $0.10. The firm had revenue of $16.94 billion during the quarter, compared to analysts’ expectations of $16.85 billion. Performance Food Group had a return on equity of 16.23% and a net margin of 0.54%.The business’s revenue was up 11.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.45 EPS. Performance Food Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Equities research analysts forecast that Performance Food Group Company will post 4.58 earnings per share for the current year.
Performance Food Group Profile
Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the United States. It operates through three segments: Foodservice, Vistar, and Convenience. The company offers a range of frozen foods, groceries, candy, snacks, beverages, cigarettes, and other tobacco products; beef, pork, poultry, and seafood; and health and beauty care products.
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