Aramark Holdings Corp (ARMK) Stake Increased by Ubs Asset Management Americas Inc

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Aramark Holdings Corp (NYSE:ARMK).

Ubs Asset Management Americas Inc reports that it bought 91 shares last quarter increasing its stake in Aramark Holdings Corp (ARMK) by 2.3%. Its position stood at $164,024,000 an increase of 1.4% as of quarter end.

Ubs Asset Management Americas Inc isn’t the only one who has changed their investment in ARMK. As of the end of the quarter California State Teachers Retirement System had disposed of 35,090 shares trimming its position 7.8%. The value of the company’s investment in Aramark Holdings Corp decreased from $18,415,000 to $16,824,000 a change of 8.6% for the reporting period. Foresters Investment Management Company, Inc. expanded its position by buying 200 shares an increase of 0.0% from 06/30/2017 to 09/30/2017. Foresters Investment Management Company, Inc. now controls 497,185 shares with a value of $20,191,000. The total value of its holdings decreased 0.9%.

As of quarter end Dimensional Fund Advisors Lp had bought a total of 31,270 shares growing its stake by 2.1%. The value of the total investment in Aramark Holdings Corp went from $60,669,000 to $61,392,000 increasing 1.2% since the last quarter.

On October 19 Barclays PLC maintained a company rating of “Hold” with a current price target of $45.00. Nomura raised the price target of the stock on October 17 changing the price objective from $45.00 to $47.00 and stated a “Buy” rating.

Equity analyst Royal Bank Of Canada raised the price target on October 17 boosting the projection from $44.00 to $47.00 and issued a “Outperform” rating. On October 5, 2017 Royal Bank Of Canada maintained a “Buy” rating on the company.

Morgan Stanley raised the price target on August 10 changing the forecast from $39.00 to $40.00 and issued a “Equal Weight” recommendation. August 9 investment analysts at Nomura kept the company rating at “Buy” projecting a price of $45.00.

The company is trading down by 4.92% since yesterday’s close of 42.85. Aramark Holdings Corp’s P/E ratio is 29.78 and the market cap of the company is 9.99B. As of the last earnings report the EPS was $1.37 with 245.11M shares now outstanding.

Short traders are more bullish recently if you take note of the motion in short interest. The company recorded a fall in short interest between October 13, 2017 and October 31, 2017 of -6.10%. Short shares fell 311,913 over that timeframe. Days to cover decreased -2.0 to 4.0 and the percentage of shorted shares was 0.02% on October 31.