DE Burlo Group Inc. purchased a new stake in shares of Aramark (NYSE:ARMK) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 135,600 shares of the company’s stock, valued at approximately $5,886,000.

A number of other institutional investors have also recently made changes to their positions in ARMK. Advisory Services Network LLC purchased a new position in shares of Aramark in the fourth quarter valued at about $76,000. AdvisorNet Financial Inc increased its holdings in Aramark by 18.1% during the 3rd quarter. AdvisorNet Financial Inc now owns 1,807 shares of the company’s stock valued at $79,000 after purchasing an additional 277 shares during the period. Quest Capital Management Inc. ADV bought a new position in Aramark during the 3rd quarter valued at approximately $117,000. Portland Hill Asset Management Ltd bought a new position in Aramark during the 4th quarter valued at approximately $124,000. Finally, Cerebellum GP LLC purchased a new stake in Aramark in the 3rd quarter worth approximately $127,000. 99.09% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE ARMK traded up $0.22 during mid-day trading on Friday, hitting $41.89. 4,059 shares of the stock traded hands, compared to its average volume of 2,453,612. The company has a market cap of $10.26 billion, a price-to-earnings ratio of 30.82, a PEG ratio of 2.32 and a beta of 0.87. The stock has a fifty day moving average price of $44.22 and a 200-day moving average price of $42.54. Aramark has a 52 week low of $25.49 and a 52 week high of $47.22. The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.06 and a current ratio of 1.23.

Aramark (NYSE:ARMK) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.07. The business had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.30 billion. Aramark had a return on equity of 16.88% and a net margin of 2.12%. The firm’s quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.63 earnings per share. As a group, sell-side analysts predict that Aramark will post 2.12 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Thursday, February 13th will be paid a $0.11 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $0.44 annualized dividend and a dividend yield of 1.05%. Aramark’s payout ratio is 19.64%.

In other Aramark news, EVP Lynn Mckee sold 225,340 shares of the firm’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $44.11, for a total transaction of $9,939,747.40. Following the completion of the transaction, the executive vice president now owns 432,955 shares of the company’s stock, valued at $19,097,645.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO John J. Zillmer bought 35,000 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were acquired at an average cost of $42.68 per share, with a total value of $1,493,800.00. Following the purchase, the chief executive officer now directly owns 201,030 shares of the company’s stock, valued at approximately $8,579,960.40. The disclosure for this purchase can be found here. 10.30% of the stock is owned by company insiders.

Several equities analysts have recently issued reports on the company. Jefferies Financial Group started coverage on Aramark in a research note on Wednesday, November 27th. They set a “hold” rating and a $49.00 target price on the stock. ValuEngine lowered Aramark from a “hold” rating to a “sell” rating in a research note on Friday, January 3rd. Berenberg Bank cut shares of Aramark from a “buy” rating to a “hold” rating and lifted their price target for the company from $37.00 to $43.00 in a report on Friday, January 17th. Citigroup initiated coverage on shares of Aramark in a research report on Friday, February 7th. They set a “sell” rating and a $39.00 price objective on the stock. Finally, Zacks Investment Research raised shares of Aramark from a “sell” rating to a “hold” rating in a research report on Thursday. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. Aramark currently has an average rating of “Hold” and a consensus price target of $46.36.

About Aramark

Aramark provides food, facilities management, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in North America and internationally. It operates in three segments: Food and Support Services United States, Food and Support Services International, and Uniform and Career Apparel.

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Institutional Ownership by Quarter for Aramark (NYSE:ARMK)

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