Dark Forest Capital Management LP bought a new position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 12,270 shares of the company's stock, valued at approximately $828,000.
Other large investors have also recently made changes to their positions in the company. SkyView Investment Advisors LLC increased its holdings in US Foods by 2.1% during the 3rd quarter. SkyView Investment Advisors LLC now owns 18,979 shares of the company's stock worth $1,167,000 after purchasing an additional 382 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of US Foods during the third quarter valued at $83,000. Tidal Investments LLC grew its holdings in US Foods by 105.4% during the 3rd quarter. Tidal Investments LLC now owns 13,652 shares of the company's stock worth $840,000 after acquiring an additional 7,004 shares in the last quarter. Retirement Systems of Alabama increased its position in US Foods by 5.4% during the 3rd quarter. Retirement Systems of Alabama now owns 348,979 shares of the company's stock valued at $21,462,000 after purchasing an additional 17,897 shares during the period. Finally, Versant Capital Management Inc raised its holdings in shares of US Foods by 112.2% in the 4th quarter. Versant Capital Management Inc now owns 855 shares of the company's stock valued at $58,000 after purchasing an additional 452 shares in the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on USFD. Morgan Stanley lifted their price target on US Foods from $76.00 to $82.00 and gave the company an "overweight" rating in a report on Tuesday, January 21st. UBS Group boosted their target price on shares of US Foods from $77.00 to $83.00 and gave the stock a "buy" rating in a report on Friday, February 14th. StockNews.com cut shares of US Foods from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Guggenheim reaffirmed a "buy" rating and issued a $80.00 price target on shares of US Foods in a report on Monday, April 14th. Finally, Barclays upped their price target on US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $71.83.
Check Out Our Latest Report on US Foods
US Foods Stock Down 0.2 %
USFD traded down $0.15 on Wednesday, reaching $65.12. The company's stock had a trading volume of 139,763 shares, compared to its average volume of 1,979,643. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. US Foods Holding Corp. has a fifty-two week low of $50.05 and a fifty-two week high of $73.19. The stock has a 50 day moving average of $65.30 and a two-hundred day moving average of $66.81. The company has a market capitalization of $15.01 billion, a price-to-earnings ratio of 32.22, a P/E/G ratio of 1.03 and a beta of 1.38.
US Foods (NYSE:USFD - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.01). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The firm had revenue of $9.49 billion during the quarter, compared to analysts' expectations of $9.47 billion. As a group, analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.
Insiders Place Their Bets
In other US Foods news, Director David W. Bullock purchased 4,000 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The shares were purchased at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the completion of the purchase, the director now directly owns 4,500 shares in the company, valued at $319,770. This represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.60% of the stock is owned by insiders.
US Foods Company Profile
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Free Report)
US Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.
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