Dimensional Fund Advisors LP purchased a new stake in Performance Food Group Company (NYSE:PFGC) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 182,393 shares of the restaurant operator’s stock, valued at approximately $4,341,000. Dimensional Fund Advisors LP owned 0.18% of Performance Food Group at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Great West Life Assurance Co. Can raised its stake in shares of Performance Food Group by 187.0% in the first quarter. Great West Life Assurance Co. Can now owns 6,600 shares of the restaurant operator’s stock valued at $156,000 after buying an additional 4,300 shares during the period. Advisors Asset Management Inc. raised its stake in shares of Performance Food Group by 85.2% in the first quarter. Advisors Asset Management Inc. now owns 8,058 shares of the restaurant operator’s stock valued at $192,000 after buying an additional 3,706 shares during the period. Karp Capital Management Corp purchased a new stake in shares of Performance Food Group during the first quarter valued at approximately $258,000. TD Asset Management Inc. raised its stake in shares of Performance Food Group by 22.8% in the first quarter. TD Asset Management Inc. now owns 19,400 shares of the restaurant operator’s stock valued at $462,000 after buying an additional 3,600 shares during the period. Finally, Legal & General Group Plc raised its stake in shares of Performance Food Group by 60.4% in the first quarter. Legal & General Group Plc now owns 21,023 shares of the restaurant operator’s stock valued at $499,000 after buying an additional 7,919 shares during the period. 79.32% of the stock is currently owned by institutional investors and hedge funds.

Shares of Performance Food Group Company (PFGC) traded down 0.093% on Monday, hitting $26.925. The company had a trading volume of 61,315 shares. Performance Food Group Company has a 12 month low of $19.95 and a 12 month high of $29.25. The stock has a market cap of $2.80 billion, a PE ratio of 28.952 and a beta of -0.31. The company has a 50-day moving average of $27.75 and a 200 day moving average of $25.95.

Performance Food Group (NYSE:PFGC) last posted its quarterly earnings results on Wednesday, August 16th. The restaurant operator reported $0.48 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.50 by $0.02. Performance Food Group had a return on equity of 15.05% and a net margin of 0.57%. The firm had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.46 billion. During the same period last year, the company posted $0.38 earnings per share. The business’s revenue was up 1.3% compared to the same quarter last year. Analysts anticipate that Performance Food Group Company will post $1.43 EPS for the current fiscal year.

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Several equities research analysts have recently commented on the company. BidaskClub lowered Performance Food Group from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 22nd. Zacks Investment Research upgraded Performance Food Group from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a research report on Friday, May 12th. Jefferies Group LLC restated a “hold” rating on shares of Performance Food Group in a research report on Tuesday, May 16th. Guggenheim lifted their price objective on Performance Food Group from $20.00 to $30.00 in a research report on Friday, June 16th. Finally, BMO Capital Markets restated a “buy” rating and set a $28.00 price objective on shares of Performance Food Group in a research report on Thursday, May 4th. Six research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $28.31.

In related news, insider James D. Hope acquired 3,575 shares of the company’s stock in a transaction dated Friday, August 25th. The shares were bought at an average cost of $26.99 per share, with a total value of $96,489.25. Following the completion of the transaction, the insider now directly owns 65,480 shares of the company’s stock, valued at $1,767,305.20. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider George L. Holm sold 102,200 shares of the stock in a transaction dated Wednesday, May 31st. The shares were sold at an average price of $28.23, for a total transaction of $2,885,106.00. Following the completion of the transaction, the insider now directly owns 2,040,936 shares in the company, valued at $57,615,623.28. The disclosure for this sale can be found here. Corporate insiders own 3.50% of the company’s stock.

About Performance Food Group

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.

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

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