Teacher Retirement System of Texas decreased its position in shares of Aramark Holdings Corp. (NYSE:ARMK) by 2.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 257,902 shares of the company’s stock after selling 7,532 shares during the period. Teacher Retirement System of Texas’ holdings in Aramark Holdings Corp. were worth $9,808,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. OLD Mutual Customised Solutions Proprietary Ltd. bought a new position in shares of Aramark Holdings Corp. during the second quarter worth approximately $107,000. MU Investments Co. Ltd. bought a new position in shares of Aramark Holdings Corp. during the second quarter worth approximately $148,000. Mn Services Vermogensbeheer B.V. raised its position in shares of Aramark Holdings Corp. by 2.9% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 5,806 shares of the company’s stock worth $175,000 after buying an additional 165 shares in the last quarter. Daiwa Securities Group Inc. raised its position in shares of Aramark Holdings Corp. by 11.5% in the second quarter. Daiwa Securities Group Inc. now owns 5,350 shares of the company’s stock worth $179,000 after buying an additional 550 shares in the last quarter. Finally, Strs Ohio raised its position in shares of Aramark Holdings Corp. by 26.5% in the second quarter. Strs Ohio now owns 5,459 shares of the company’s stock worth $182,000 after buying an additional 1,142 shares in the last quarter. 95.59% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Aramark Holdings Corp. (NYSE:ARMK)

Shares of Aramark Holdings Corp. (NYSE:ARMK) traded down 1.669% during mid-day trading on Wednesday, hitting $34.475. The company’s stock had a trading volume of 1,203,958 shares. The company has a market cap of $8.41 billion, a price-to-earnings ratio of 29.720 and a beta of 0.58. Aramark Holdings Corp. has a 1-year low of $29.18 and a 1-year high of $38.30. The company has a 50-day moving average of $36.24 and a 200 day moving average of $35.67.

Aramark Holdings Corp. (NYSE:ARMK) last released its earnings results on Tuesday, November 15th. The company reported $0.49 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.49. The firm had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.67 billion. Aramark Holdings Corp. had a return on equity of 18.96% and a net margin of 2.00%. The company’s revenue was up .0% on a year-over-year basis. During the same quarter last year, the firm posted $0.44 EPS. On average, analysts expect that Aramark Holdings Corp. will post $1.90 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 8th. Shareholders of record on Monday, November 28th will be issued a $0.103 dividend. The ex-dividend date is Wednesday, November 23rd. This represents a $0.41 dividend on an annualized basis and a yield of 1.18%. This is a positive change from Aramark Holdings Corp.’s previous quarterly dividend of $0.10. Aramark Holdings Corp.’s dividend payout ratio (DPR) is 35.35%.

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A number of analysts have issued reports on ARMK shares. Royal Bank Of Canada raised their target price on Aramark Holdings Corp. from $40.00 to $42.00 and gave the company a “top pick” rating in a report on Thursday, August 11th. Nomura raised their target price on Aramark Holdings Corp. from $40.00 to $42.00 and gave the company a “buy” rating in a report on Thursday, August 11th. Barclays PLC raised their target price on Aramark Holdings Corp. from $37.00 to $40.00 and gave the company an “overweight” rating in a report on Thursday, August 11th. JPMorgan Chase & Co. raised their target price on Aramark Holdings Corp. from $37.00 to $44.00 and gave the company an “overweight” rating in a report on Thursday, August 11th. Finally, Bank of America Corp. raised their target price on Aramark Holdings Corp. from $38.00 to $43.00 and gave the company a “buy” rating in a report on Thursday, August 11th. Three equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $40.92.

In other news, Chairman Eric J. Foss acquired 87,566 shares of Aramark Holdings Corp. stock in a transaction on Monday, November 21st. The stock was bought at an average price of $34.50 per share, for a total transaction of $3,021,027.00. Following the transaction, the chairman now owns 1,514,253 shares of the company’s stock, valued at $52,241,728.50. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Stephen I. Sadove acquired 7,500 shares of Aramark Holdings Corp. stock in a transaction on Thursday, November 17th. The stock was purchased at an average price of $33.53 per share, with a total value of $251,475.00. Following the transaction, the director now directly owns 22,489 shares in the company, valued at approximately $754,056.17. The disclosure for this purchase can be found here. 2.50% of the stock is owned by company insiders.

Aramark Holdings Corp. Company Profile

Aramark provides 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).

5 Day Chart for NYSE:ARMK

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