National Investment Services Inc. WI bought a new position in Performance Food Group Co (NYSE:PFGC) during the first quarter, Holdings Channel reports. The fund bought 11,235 shares of the restaurant operator’s stock, valued at approximately $267,000.

Other institutional investors also recently made changes to their positions in the company. BlackRock Inc. boosted its position in shares of Performance Food Group by 1.0% in the third quarter. BlackRock Inc. now owns 17,411 shares of the restaurant operator’s stock worth $432,000 after buying an additional 169 shares in the last quarter. Swiss National Bank boosted its position in shares of Performance Food Group by 0.4% in the third quarter. Swiss National Bank now owns 55,900 shares of the restaurant operator’s stock worth $1,386,000 after buying an additional 200 shares in the last quarter. First Trust Advisors LP boosted its position in shares of Performance Food Group by 1.0% in the third quarter. First Trust Advisors LP now owns 54,303 shares of the restaurant operator’s stock worth $1,347,000 after buying an additional 521 shares in the last quarter. Bessemer Group Inc. boosted its position in shares of Performance Food Group by 2.9% in the fourth quarter. Bessemer Group Inc. now owns 59,200 shares of the restaurant operator’s stock worth $1,421,000 after buying an additional 1,656 shares in the last quarter. Finally, BlackRock Investment Management LLC boosted its position in shares of Performance Food Group by 1.6% in the third quarter. BlackRock Investment Management LLC now owns 140,053 shares of the restaurant operator’s stock worth $3,473,000 after buying an additional 2,233 shares in the last quarter. 80.99% of the stock is currently owned by institutional investors.

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

Performance Food Group Co (NYSE:PFGC) remained flat at $23.90 during midday trading on Tuesday. 277,825 shares of the stock were exchanged. The stock has a 50 day moving average price of $23.37 and a 200 day moving average price of $23.49. The firm has a market capitalization of $2.47 billion, a PE ratio of 33.29 and a beta of -0.63. Performance Food Group Co has a 12-month low of $19.95 and a 12-month high of $28.13.

Performance Food Group (NYSE:PFGC) last posted its earnings results on Wednesday, February 8th. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.01. Performance Food Group had a net margin of 0.45% and a return on equity of 12.86%. The business had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same period in the prior year, the company posted $0.26 EPS. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. On average, equities analysts anticipate that Performance Food Group Co will post $1.23 earnings per share for the current fiscal year.

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A number of brokerages recently commented on PFGC. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $24.00 target price on shares of Performance Food Group in a report on Friday, February 10th. Goldman Sachs Group Inc reaffirmed a “buy” rating and issued a $29.00 target price (down from $30.00) on shares of Performance Food Group in a report on Friday, March 17th. Zacks Investment Research raised Performance Food Group from a “sell” rating to a “hold” rating in a report on Wednesday, March 22nd. Guggenheim reaffirmed a “buy” rating and issued a $29.00 target price on shares of Performance Food Group in a report on Wednesday, February 8th. Finally, Wells Fargo & Co reaffirmed a “hold” rating on shares of Performance Food Group in a report on Wednesday, February 8th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $26.50.

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.

5 Day Chart for NYSE:PFGC

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