Atlanta Capital Management Co LLC Has Upped Aramark (ARMK) Position by $74.34 Million

Aramark (NYSE:ARMK) LogoInvestors sentiment decreased to 1.32 in 2019 Q1. Its down 0.02, from 1.34 in 2018Q4. It worsened, as 31 investors sold ARMK shares while 86 reduced holdings. 47 funds opened positions while 107 raised stakes. 226.21 million shares or 2.90% less from 232.97 million shares in 2018Q4 were reported. Neuberger Berman Grp Ltd Liability holds 38,485 shares. Dean Investment Assoc Limited Com invested in 26,455 shares. Lord Abbett Limited Com reported 1.22 million shares or 0.12% of all its holdings. Jpmorgan Chase And stated it has 0% in Aramark (NYSE:ARMK). Reinhart reported 2.43% stake. National Invest Wi has invested 0.47% of its portfolio in Aramark (NYSE:ARMK). Kbc Gru Nv holds 0.01% of its portfolio in Aramark (NYSE:ARMK) for 29,860 shares. 148 were accumulated by Cwm Limited Liability Co. Janney Capital Management has invested 0.01% in Aramark (NYSE:ARMK). Three Peaks Cap Mngmt Ltd Liability Corp accumulated 1.3% or 148,932 shares. Savings Bank Of America De reported 1.79M shares. 105 were reported by Parkside Bancorp And Tru. 25,983 are held by Prelude Cap Management Ltd Llc. Connecticut-based Aqr Cap Management Ltd Liability Company has invested 0% in Aramark (NYSE:ARMK). Channing Ltd Limited Liability Company invested in 281,706 shares or 0.38% of the stock.

Atlanta Capital Management Co Llc increased its stake in Aramark (ARMK) by 17.75% based on its latest 2019Q1 regulatory filing with the SEC. Atlanta Capital Management Co Llc bought 2.56M shares as the company’s stock rose 1.98% with the market. The institutional investor held 17.01M shares of the restaurants company at the end of 2019Q1, valued at $502.63M, up from 14.45 million at the end of the previous reported quarter. Atlanta Capital Management Co Llc who had been investing in Aramark for a number of months, seems to be bullish on the $8.98 billion market cap company. The stock decreased 0.16% or $0.06 during the last trading session, reaching $36.45. About 2.33 million shares traded. Aramark (NYSE:ARMK) has declined 16.13% since July 14, 2018 and is downtrending. It has underperformed by 20.56% the S&P500.

Atlanta Capital Management Co Llc, which manages about $16.77B and $20.88 billion US Long portfolio, decreased its stake in Church & Dwight Inc (NYSE:CHD) by 1.45 million shares to 2.96 million shares, valued at $211.18 million in 2019Q1, according to the filing. It also reduced its holding in Teleflex Inc (NYSE:TFX) by 227,934 shares in the quarter, leaving it with 2.40M shares, and cut its stake in Factset Resh Sys Inc (NYSE:FDS).

More notable recent Aramark (NYSE:ARMK) news were published by: Finance.Yahoo.com which released: “Insider Buys Of The Week: Aramark, Royal Caribbean, Valero Energy – Yahoo Finance” on December 17, 2018, also Seekingalpha.com with their article: “Aramark Corporation (ARMK) CEO Eric Foss on Q2 2019 Results – Earnings Call Transcript – Seeking Alpha” published on May 08, 2019, Finance.Yahoo.com published: “Why Aramark’s (NYSE:ARMK) Return On Capital Employed Might Be A Concern – Yahoo Finance” on May 20, 2019. More interesting news about Aramark (NYSE:ARMK) were released by: Businesswire.com and their article: “Aramark Names Diversity Champion, Natily Santos, 2019 Service Star Volunteer of the Year for Extraordinary Volunteer Service – Business Wire” published on June 20, 2019 as well as Fool.com‘s news article titled: “Why CalAmp, Aramark, and Urban Outfitters Slumped Today – The Motley Fool” with publication date: December 11, 2018.

Aramark (NYSE:ARMK) Ratings Coverage

Among 3 analysts covering Aramark (NYSE:ARMK), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Aramark has $34 highest and $28 lowest target. $31’s average target is -14.95% below currents $36.45 stock price. Aramark had 5 analyst reports since January 17, 2019 according to SRatingsIntel. Berenberg upgraded the stock to “Buy” rating in Thursday, January 17 report. As per Monday, March 18, the company rating was downgraded by Nomura. Goldman Sachs downgraded the stock to “Neutral” rating in Monday, February 11 report. The rating was maintained by Goldman Sachs on Thursday, March 21 with “Hold”.

Aramark (NYSE:ARMK) Ratings Chart

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