CANADA LIFE ASSURANCE Co lowered its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 3.2% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 160,275 shares of the company's stock after selling 5,330 shares during the period. CANADA LIFE ASSURANCE Co owned approximately 0.07% of US Foods worth $10,805,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in USFD. Legacy Investment Solutions LLC acquired a new position in shares of US Foods during the fourth quarter worth about $32,000. EverSource Wealth Advisors LLC increased its position in shares of US Foods by 59.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock valued at $32,000 after purchasing an additional 178 shares during the last quarter. R Squared Ltd acquired a new stake in shares of US Foods in the 4th quarter valued at $34,000. Smartleaf Asset Management LLC lifted its position in shares of US Foods by 50.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 727 shares of the company's stock worth $49,000 after purchasing an additional 243 shares during the last quarter. Finally, J.Safra Asset Management Corp grew its stake in shares of US Foods by 38.5% during the fourth quarter. J.Safra Asset Management Corp now owns 806 shares of the company's stock worth $55,000 after purchasing an additional 224 shares in the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.
US Foods Stock Performance
Shares of NYSE:USFD traded down $0.22 during trading on Friday, reaching $64.41. The company had a trading volume of 1,069,525 shares, compared to its average volume of 1,985,302. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. The stock's fifty day moving average price is $65.44 and its 200 day moving average price is $66.78. US Foods Holding Corp. has a fifty-two week low of $50.05 and a fifty-two week high of $73.19. The firm has a market capitalization of $14.85 billion, a price-to-earnings ratio of 31.89, a price-to-earnings-growth ratio of 1.03 and a beta of 1.38.
US Foods (NYSE:USFD - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing analysts' consensus estimates of $0.79 by ($0.01). The firm had revenue of $9.49 billion for the quarter, compared to analysts' expectations of $9.47 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. As a group, equities research analysts predict that US Foods Holding Corp. will post 3.59 EPS for the current year.
Insiders Place Their Bets
In other US Foods news, Director David W. Bullock purchased 4,000 shares of US Foods stock in a transaction dated Tuesday, February 18th. The stock was acquired at an average cost of $71.06 per share, with a total value of $284,240.00. Following the acquisition, the director now directly owns 4,500 shares of the company's stock, valued at $319,770. This represents a 800.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.60% of the stock is currently owned by insiders.
Analyst Ratings Changes
A number of brokerages have issued reports on USFD. Piper Sandler lifted their price target on US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a report on Tuesday, February 18th. Barclays upped their price target on US Foods from $82.00 to $85.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Truist Financial boosted their price objective on shares of US Foods from $78.00 to $80.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. UBS Group increased their target price on shares of US Foods from $77.00 to $83.00 and gave the company a "buy" rating in a research report on Friday, February 14th. Finally, Morgan Stanley boosted their price target on shares of US Foods from $76.00 to $82.00 and gave the company an "overweight" rating in a research report on Tuesday, January 21st. One research 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. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $71.83.
Get Our Latest Stock Report on USFD
US Foods Company Profile
(
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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