Leeward Investments LLC MA Grows Position in Performance Food Group (NYSE:PFGC)

Leeward Investments LLC MA grew its holdings in Performance Food Group (NYSE:PFGC - Free Report) by 14.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 274,805 shares of the food distribution company's stock after buying an additional 33,839 shares during the quarter. Leeward Investments LLC MA owned approximately 0.18% of Performance Food Group worth $19,003,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in PFGC. McGlone Suttner Wealth Management Inc. acquired a new position in Performance Food Group during the 4th quarter worth $29,000. GAMMA Investing LLC bought a new stake in shares of Performance Food Group during the fourth quarter worth $29,000. Signaturefd LLC lifted its stake in shares of Performance Food Group by 38.8% during the fourth quarter. Signaturefd LLC now owns 512 shares of the food distribution company's stock valued at $35,000 after acquiring an additional 143 shares during the period. Fifth Third Bancorp boosted its holdings in Performance Food Group by 50.4% in the third quarter. Fifth Third Bancorp now owns 821 shares of the food distribution company's stock valued at $48,000 after acquiring an additional 275 shares during the last quarter. Finally, Covestor Ltd increased its position in Performance Food Group by 16.1% in the third quarter. Covestor Ltd now owns 1,965 shares of the food distribution company's stock worth $116,000 after purchasing an additional 272 shares during the period. 96.87% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on PFGC shares. Morgan Stanley upped their target price on shares of Performance Food Group from $78.00 to $80.00 and gave the company an "equal weight" rating in a research report on Friday, April 12th. BMO Capital Markets raised their price objective on shares of Performance Food Group from $78.00 to $80.00 and gave the company an "outperform" rating in a research note on Thursday, February 8th. StockNews.com raised shares of Performance Food Group from a "hold" rating to a "buy" rating in a report on Thursday, February 8th. Barclays increased their price target on Performance Food Group from $78.00 to $86.00 and gave the company an "overweight" rating in a research note on Thursday, February 8th. Finally, Stephens lifted their price objective on Performance Food Group from $75.00 to $85.00 and gave the stock an "overweight" rating in a research note on Thursday, February 8th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, Performance Food Group currently has a consensus rating of "Moderate Buy" and an average price target of $81.25.

Performance Food Group Trading Down 0.1 %

NYSE PFGC traded down $0.06 during trading on Friday, reaching $68.85. 982,745 shares of the stock traded hands, compared to its average volume of 1,017,397. The firm has a market cap of $10.71 billion, a price-to-earnings ratio of 25.13, a price-to-earnings-growth ratio of 0.98 and a beta of 1.38. The stock's 50-day moving average price is $73.64 and its 200 day moving average price is $68.48. The company has a quick ratio of 0.75, a current ratio of 1.71 and a debt-to-equity ratio of 1.05. Performance Food Group has a fifty-two week low of $52.92 and a fifty-two week high of $78.54.

Performance Food Group (NYSE:PFGC - Get Free Report) last issued its quarterly earnings data on Wednesday, February 7th. The food distribution company reported $0.90 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.92 by ($0.02). The firm had revenue of $14.30 billion for the quarter, compared to analyst estimates of $14.20 billion. Performance Food Group had a net margin of 0.74% and a return on equity of 16.77%. The firm's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.83 EPS. Analysts predict that Performance Food Group will post 4.26 EPS for the current year.

About Performance Food Group

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.