Fuller & Thaler Asset Management Inc. Acquires 14,583 Shares of Aramark (NYSE:ARMK)

Fuller & Thaler Asset Management Inc. grew its holdings in Aramark (NYSE:ARMK - Free Report) by 4.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 383,078 shares of the company's stock after purchasing an additional 14,583 shares during the quarter. Fuller & Thaler Asset Management Inc. owned approximately 0.14% of Aramark worth $14,293,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Barclays PLC grew its stake in shares of Aramark by 57.6% during the third quarter. Barclays PLC now owns 189,418 shares of the company's stock worth $7,336,000 after acquiring an additional 69,223 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in Aramark during the third quarter worth $309,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Aramark in the 3rd quarter valued at about $761,000. Franklin Resources Inc. raised its position in shares of Aramark by 7.2% during the 3rd quarter. Franklin Resources Inc. now owns 6,570,938 shares of the company's stock worth $254,427,000 after purchasing an additional 441,711 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Aramark by 29.9% during the fourth quarter. GAMMA Investing LLC now owns 4,297 shares of the company's stock worth $160,000 after buying an additional 990 shares in the last quarter.

Aramark Stock Performance

NYSE:ARMK traded up $0.04 during mid-day trading on Tuesday, hitting $33.06. 1,215,495 shares of the company's stock traded hands, compared to its average volume of 2,080,734. The company has a current ratio of 0.94, a quick ratio of 0.84 and a debt-to-equity ratio of 1.61. The firm has a market capitalization of $8.76 billion, a price-to-earnings ratio of 26.03 and a beta of 1.37. The firm has a 50 day moving average of $34.19 and a two-hundred day moving average of $37.10. Aramark has a 12 month low of $29.82 and a 12 month high of $42.49.

Aramark (NYSE:ARMK - Get Free Report) last posted its earnings results on Tuesday, February 4th. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.03. The business had revenue of $4.55 billion for the quarter, compared to analyst estimates of $4.61 billion. Aramark had a net margin of 1.94% and a return on equity of 14.72%. The firm's quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.41 EPS. On average, equities analysts forecast that Aramark will post 1.92 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. StockNews.com lowered Aramark from a "buy" rating to a "hold" rating in a research report on Tuesday, January 7th. Royal Bank of Canada restated an "outperform" rating and issued a $47.00 price objective on shares of Aramark in a research note on Thursday, February 6th. UBS Group reduced their target price on shares of Aramark from $45.00 to $40.00 and set a "buy" rating for the company in a report on Friday, April 11th. Finally, Citigroup began coverage on Aramark in a research report on Monday, February 24th. They set a "buy" rating and a $48.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat.com, Aramark has a consensus rating of "Moderate Buy" and an average price target of $43.08.

Aramark Company Profile

Aramark provides food and facilities services to education, healthcare, business and industry, sports, leisure, and corrections clients in the United States and internationally. It operates through two segments, Food and Support Services United States, and Food and Support Services International. The company offers food-related managed services, including dining, catering, food service management, and convenience-oriented retail services; non-clinical food and food-related support services, such as patient food and nutrition, retail food, environmental services, and procurement services; and plant operations and maintenance, custodial/housekeeping, energy management, grounds keeping, and capital project management services.