Aramark (NYSE:ARMK) Shares Bought by Capital Fund Management S.A.

Capital Fund Management S.A. raised its stake in shares of Aramark (NYSE:ARMK) by 34.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 199,712 shares of the company’s stock after acquiring an additional 50,718 shares during the quarter. Capital Fund Management S.A. owned approximately 0.08% of Aramark worth $8,184,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. US Bancorp DE grew its position in shares of Aramark by 0.6% during the 1st quarter. US Bancorp DE now owns 6,417 shares of the company’s stock worth $237,000 after buying an additional 41 shares during the period. CAPROCK Group Inc. grew its position in shares of Aramark by 0.8% during the 2nd quarter. CAPROCK Group Inc. now owns 5,528 shares of the company’s stock worth $227,000 after buying an additional 43 shares during the period. Arizona State Retirement System grew its position in shares of Aramark by 0.3% during the 1st quarter. Arizona State Retirement System now owns 38,500 shares of the company’s stock worth $1,419,000 after buying an additional 100 shares during the period. Pacer Advisors Inc. grew its position in shares of Aramark by 3.3% during the 1st quarter. Pacer Advisors Inc. now owns 4,497 shares of the company’s stock worth $166,000 after buying an additional 143 shares during the period. Finally, Atria Investments LLC grew its position in shares of Aramark by 0.8% during the 2nd quarter. Atria Investments LLC now owns 25,185 shares of the company’s stock worth $1,032,000 after buying an additional 209 shares during the period. 94.85% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently issued reports on ARMK. BidaskClub lowered Aramark from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 12th. Morgan Stanley boosted their target price on Aramark from $39.00 to $40.00 and gave the company an “equal weight” rating in a research note on Thursday, August 10th. Nomura restated a “buy” rating and issued a $45.00 target price (up previously from $43.00) on shares of Aramark in a research note on Wednesday, August 9th. Zacks Investment Research cut Aramark from a “buy” rating to a “hold” rating in a research note on Tuesday, July 11th. Finally, Barclays PLC upped their price objective on Aramark from $37.00 to $39.00 and gave the stock an “equal weight” rating in a research note on Friday, June 23rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $42.86.

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Aramark (NYSE ARMK) traded down 0.12% during mid-day trading on Friday, hitting $40.47. The stock had a trading volume of 2,899,963 shares. The stock has a market capitalization of $9.92 billion, a P/E ratio of 29.33 and a beta of 0.48. Aramark has a 52 week low of $32.73 and a 52 week high of $41.72. The company’s 50 day moving average is $39.99 and its 200-day moving average is $38.53.

Aramark (NYSE:ARMK) last issued its quarterly earnings data on Tuesday, August 8th. The company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05. The company had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $3.61 billion. Aramark had a net margin of 2.37% and a return on equity of 19.29%. Aramark’s revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.34 earnings per share. On average, analysts expect that Aramark will post $1.96 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 5th. Stockholders of record on Wednesday, August 16th were issued a dividend of $0.103 per share. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date of this dividend was Monday, August 14th. Aramark’s dividend payout ratio (DPR) is presently 29.93%.

Aramark Company Profile

Aramark is a global provider of food, facilities and uniform services to education, healthcare, business and industry, and sports, leisure and corrections clients. The Company operates through three segments: Food and Support Services North America (FSS North America), Food and Support Services International (FSS International), and Uniform and Career Apparel (Uniform).

Institutional Ownership by Quarter for Aramark (NYSE:ARMK)

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