FORA Capital LLC Invests $1.21 Million in US Foods Holding Corp. (NYSE:USFD)

FORA Capital LLC purchased 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 institutional investor purchased 17,966 shares of the company's stock, valued at approximately $1,212,000.

A number of other large investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new position in shares of US Foods in the 3rd quarter worth about $83,000. Tidal Investments LLC increased its stake in US Foods by 105.4% during the 3rd quarter. Tidal Investments LLC now owns 13,652 shares of the company's stock valued at $840,000 after purchasing an additional 7,004 shares in the last quarter. Wedmont Private Capital bought a new position in shares of US Foods in the fourth quarter valued at $200,000. Pallas Capital Advisors LLC acquired a new position in shares of US Foods during the fourth quarter valued at about $451,000. Finally, Assenagon Asset Management S.A. grew its holdings in shares of US Foods by 94.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 407,611 shares of the company's stock valued at $27,497,000 after buying an additional 198,432 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors.

US Foods Price Performance

Shares of NYSE:USFD traded up $1.85 during trading on Monday, reaching $73.55. The company had a trading volume of 2,254,307 shares, compared to its average volume of 2,005,932. The company has a fifty day moving average of $64.89 and a two-hundred day moving average of $67.20. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $16.95 billion, a P/E ratio of 36.41, a price-to-earnings-growth ratio of 1.03 and a beta of 1.35. US Foods Holding Corp. has a 12 month low of $50.05 and a 12 month high of $73.62.

US Foods (NYSE:USFD - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by ($0.01). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The company had revenue of $9.35 billion during the quarter, compared to analysts' expectations of $9.42 billion. During the same quarter last year, the firm posted $0.54 earnings per share. The firm's revenue was up 4.5% on a year-over-year basis. Equities research analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insider Transactions at US Foods

In other US Foods news, Director David W. Bullock acquired 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was purchased at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the acquisition, the director now owns 4,500 shares in the company, valued at $319,770. The trade was a 800.00% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.60% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Piper Sandler increased their price target on US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a research report on Tuesday, February 18th. StockNews.com downgraded shares of US Foods from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Guggenheim restated a "buy" rating and set a $80.00 price target on shares of US Foods in a report on Monday. Truist Financial increased their price objective on shares of US Foods from $78.00 to $80.00 and gave the company a "buy" rating in a research note on Friday, February 14th. Finally, UBS Group lifted their target price on shares of US Foods from $83.00 to $84.00 and gave the stock a "buy" rating in a research report on Friday. One analyst has rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, US Foods presently has a consensus rating of "Buy" and an average target price of $73.00.

US Foods Company Profile

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.