Aramark Holdings Corp (NYSE:ARMK) Sentiment Dropped in Q2 2018 to 0.97

November 10, 2018 - By Rachel Eickhoff

Aramark (NYSE:ARMK) Corporate Logo

“Big money” Positions

In 2018 Q2 Aramark Holdings Corp (NYSE:ARMK) big money sentiment decreased to 0.97, according to SEC.gov filings. So its down -0.25, from 2018Q1’s 1.22. 126 hedge funds increased and started new equity positions, while 130 sold and reduced their positions in Aramark Holdings Corp so the sentiment has dropped. These funds own 232.11 million shares, that’s up from 225.95 million shares in 2018Q1. Funds holding Aramark Holdings Corp in top 10 changed to 3 from 3 for the same number . In total 29 funds closed positions, 101 reduced and 90 increased. Also 36 funds bought new Aramark Holdings Corp stakes.

Biggest Aramark Holdings Corp Shareholders

As of 2018 Q2 Lionstone Capital Management Llc has 10.03% invested in Aramark Holdings Corp. Aramark Holdings Corp’s shareholder Kensico Capital Management Corp owns 8.85 million shares as of 2018 Q2. Global Thematic Partners Llc reported 1.74 million shares. Atlanta Capital Management Co L L C revealed 12.27 million shares position in Aramark Holdings Corp. The California-based fund Ami Asset Management Corp looks positive on Aramark Holdings Corp, owning 779,316 shares.

Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in North America and internationally.The firm is worth $8.78 billion. It offers managed services include dining, catering, food service management, convenience-oriented retail operations, grounds and facilities maintenance, custodial, energy and construction management, and capital project management.The P/E ratio is 17.71. The firm also provides non-clinical support services, such as patient food and nutrition, and retail food services; and facilities services comprising clinical equipment maintenance, environmental, laundry and linen distribution, plant operations, strategic/technical, energy and supply chain management, purchasing, and central transportation.

ARMK is hitting $35.6 during the last trading session, after decreased 1.74%.Aramark has 2.44M shares volume, 33.21% up from normal. ARMK is uptrending and has moved 1.98% since November 10, 2017. ARMK underperformed by 13.64% the S&P500.

Aramark (NYSE:ARMK)’s earnings report is awaited on November, 13., as reported by Faxor. Analysts expect change of 34.00 % or $0.17 from previous year’s $0.5 EPS compared to current’s $0.67 EPS. If the current EPS of $0.67 is accurate, ARMK’s profit could reach $165.15 million. Last quarter $0.39 EPS was reported. Analysts predicts 71.79 % EPS growth this quarter.

3.86M are held by D E Shaw & Incorporated. Peak6 Invests Limited Partnership invested in 0% or 22,255 shs. Earnest Prtnrs Lc reported 0% stake. Mariner Ltd Liability Com holds 0.01% in Aramark (NYSE:ARMK) or 8,772 shs. Glenmede Na reported 887 shs or 0% of all its holdings. Capital Research Glob has invested 0.18% in Aramark (NYSE:ARMK). Sumitomo Life Ins holds 15,192 shs or 0.07% of its capital. Jennison Associates Ltd stated it has 964,621 shs or 0.03% of all its holdings. Vaughan Nelson Invest Limited Partnership owns 942,515 shs. Prudential Public Limited Company accumulated 11,900 shs. Manufacturers Life Insurance Co The owns 8,054 shs. 15 are owned by Qs Limited Liability Corporation. Winslow Evans & Crocker invested 0.01% of its capital in Aramark (NYSE:ARMK). 301,441 were reported by Axa. Oppenheimer Asset Mngmt reported 60,298 shs.

Aramark had 1 insider sale and 0 buys since August 29, 2018. This’s net activity of $619,961.

Aramark (NYSE:ARMK) Ratings Coverage

In total 6 analysts cover ARAMARK Holdings (NYSE:ARMK). “Buy” rating has 3, “Sell” are 0, while 3 are “Hold”. (NYSE:ARMK) has 50% bullish analysts. 8 are the (NYSE:ARMK)’s ratings reports on 10 Nov 2018 according to StockzIntelligence Inc. In Wednesday, August 8 report Morgan Stanley maintained it with “Equal-Weight” rating and $44 target. On Wednesday, August 8 the rating was downgraded by Robert W. Baird to “Neutral”. On Wednesday, October 24 Barclays Capital maintained Aramark (NYSE:ARMK) with “Equal-Weight” rating. On Friday, September 7 the firm earned “Buy” rating by Nomura. On Thursday, September 13 the stock of Aramark (NYSE:ARMK) has “Equal-Weight” rating given by Morgan Stanley.

Aramark (NYSE:ARMK) Analyst Ratings Chart

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