142,427 Shares in US Foods Holding Corp. (NYSE:USFD) Acquired by Axa S.A.

AXA S.A. bought a new stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 142,427 shares of the company's stock, valued at approximately $9,608,000. AXA S.A. owned 0.06% of US Foods at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Legacy Wealth Asset Management LLC increased its holdings in shares of US Foods by 4.0% in the fourth quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company's stock worth $279,000 after purchasing an additional 160 shares during the last quarter. Arizona State Retirement System increased its stake in US Foods by 0.3% in the 4th quarter. Arizona State Retirement System now owns 67,426 shares of the company's stock worth $4,549,000 after acquiring an additional 170 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of US Foods by 59.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock worth $32,000 after acquiring an additional 178 shares in the last quarter. GeoWealth Management LLC boosted its position in shares of US Foods by 94.5% during the 4th quarter. GeoWealth Management LLC now owns 389 shares of the company's stock valued at $26,000 after acquiring an additional 189 shares during the last quarter. Finally, Vestcor Inc grew its holdings in shares of US Foods by 1.0% in the fourth quarter. Vestcor Inc now owns 20,200 shares of the company's stock valued at $1,363,000 after purchasing an additional 195 shares in the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at US Foods

In other US Foods news, Director David W. Bullock acquired 4,000 shares of the business's stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average cost of $71.06 per share, with a total value of $284,240.00. Following the completion of the acquisition, the director now directly owns 4,500 shares in the company, valued at $319,770. This represents a 800.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

USFD has been the subject of several research reports. UBS Group increased their price objective on shares of US Foods from $83.00 to $84.00 and gave the company a "buy" rating in a research report on Friday. Truist Financial lifted their price target on US Foods from $78.00 to $80.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. StockNews.com downgraded US Foods from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Piper Sandler lifted their target price on US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a report on Tuesday, February 18th. Finally, Guggenheim restated a "buy" rating and set a $80.00 price target on shares of US Foods in a report on Monday, April 14th. One investment analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $72.08.

US Foods Trading Down 0.2 %

USFD traded down $0.17 on Friday, reaching $71.64. 2,526,434 shares of the company traded hands, compared to its average volume of 2,005,294. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. The company has a market cap of $16.51 billion, a P/E ratio of 35.47, a price-to-earnings-growth ratio of 1.03 and a beta of 1.35. The firm has a fifty day simple moving average of $64.82 and a two-hundred day simple moving average of $67.05. US Foods Holding Corp. has a one year low of $50.05 and a one year high of $73.19.

US Foods (NYSE:USFD - Get Free Report) last announced its quarterly earnings data 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). The firm had revenue of $9.35 billion during the quarter, compared to the consensus estimate of $9.42 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. The firm's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period last year, the company earned $0.54 EPS. As a group, equities research analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

US Foods 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.