Macquarie Group Ltd. Purchases 3466 Shares of Performance Food Group Company (PFGC)

Macquarie Group Ltd. increased its position in shares of Performance Food Group Company (NYSE:PFGC) by 3.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. Its last month's stock price volatility remained 2.94% which for the week stands at 2.88%. Macquarie Group Ltd. owned 0.09% of Performance Food Group worth $2,635,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Chicago Equity Partners LLC acquired a new stake in Performance Food Group during the second quarter worth about $1,328,000. Public Employees Retirement System of OH grew its position in Performance Food Group by 37.2% during the first quarter. Strs Ohio now owns 4,800 shares of the restaurant operator's stock valued at $135,000 after purchasing an additional 4,700 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in shares of Performance Food Group by 85.2% in the first quarter. WFG Advisors LP now owns 4,988 shares of the restaurant operator's stock valued at $248,000 after buying an additional 4,987 shares in the last quarter. The stock was sold at an average price of $27.81, for a total transaction of $123,754.50. Following the transaction, the insider now owns 175,993 shares in the company, valued at $4,894,365.33. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Everbridge, Inc. has 5 buy ratings, 0 holds and 0 sells even after the stock tumbled -17.51% from its high of $29.99 to a $715.48 million market value through last close. The target implies a 28.01% spike from where the shares are now trading. In the last 90 days, insiders have sold 10,004,450 shares of company stock valued at $281,523,755. Insiders own 3.70% of the company's stock. Finally, Victory Capital Management Inc. raised its holdings in shares of Performance Food Group by 1.1% during the third quarter. Roughly 0.74 million shares changed hands compared to the three-month volume average 0.8 million shares. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued.

Performance Food Group Company (PFGC) surprised the stock market in its last reported earnings when it earned $0.27 a piece versus the consensus-estimated $0.25. The restaurant operator reported $0.27 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.25 by $0.02. The company had Year Ago Sales of 4.05 Billion. Performance Food Group had a net margin of 0.62% and a return on equity of 15.02%. Next year this growth will reach 19.22% to attain $7.63.

Performance Food Group Company has a consensus outperform rating from 10 Wall Street analysts, and the number of shares now sold short amount to at least 0.99% of shares outstanding.

Several other brokerages also recently issued reports on PFGC. Wells Fargo & Company raised Performance Food Group from a "market perform" rating to an "outperform" rating in a report on Friday, November 3rd. Guggenheim reissued a "buy" rating and set a $29.00 price target on shares of Performance Food Group in a report on Wednesday, February 8th. BidaskClub lowered shares of Performance Food Group from a "buy" rating to a "hold" rating in a research note on Friday, August 11th. Performance Food Group presently has an average rating of "Buy" and an average target price of $30.88. Finally, TheStreet upgraded shares of Performance Food Group from a "c" rating to a "b-" rating in a research note on Monday, October 2nd. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. If you are reading this report on another publication, it was stolen and reposted in violation of U.S. and worldwide copyright & trademark laws. If you are reading this piece of content on another website, it was illegally stolen and reposted in violation of USA and worldwide trademark & copyright legislation.

Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products.