Capital World Investors Acquires 7,091 Shares of US Foods Holding Corp. (NYSE:USFD)

Capital World Investors boosted its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 162.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,447 shares of the company's stock after acquiring an additional 7,091 shares during the quarter. Capital World Investors' holdings in US Foods were worth $772,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GeoWealth Management LLC grew its stake in shares of US Foods by 94.5% in the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company's stock worth $26,000 after purchasing an additional 189 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in 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 buying an additional 178 shares during the period. Legacy Investment Solutions LLC acquired a new stake in shares of US Foods in the fourth quarter valued at about $32,000. R Squared Ltd bought a new position in shares of US Foods during the fourth quarter worth about $34,000. Finally, Smartleaf Asset Management LLC lifted its stake in shares of US Foods by 50.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 727 shares of the company's stock worth $49,000 after acquiring an additional 243 shares during the period. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at US Foods

In other news, Director David W. Bullock acquired 4,000 shares of US Foods stock in a transaction on 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 transaction, the director now owns 4,500 shares of the company's stock, valued at approximately $319,770. This trade represents a 800.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.60% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. StockNews.com lowered shares of US Foods from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Piper Sandler boosted their target price on shares of US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a report on Tuesday, February 18th. UBS Group increased their price target on US Foods from $77.00 to $83.00 and gave the stock a "buy" rating in a report on Friday, February 14th. Guggenheim reissued a "buy" rating and issued a $80.00 price objective on shares of US Foods in a research note on Monday, April 14th. Finally, Truist Financial raised their target price on US Foods from $78.00 to $80.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. One analyst has rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, US Foods currently has a consensus rating of "Buy" and an average price target of $71.83.

US Foods Stock Up 0.0 %

Shares of US Foods stock traded up $0.01 during trading hours on Monday, reaching $64.39. The company's stock had a trading volume of 243,886 shares, compared to its average volume of 1,978,418. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. The stock's fifty day simple moving average is $65.44 and its two-hundred day simple moving average is $66.78. The company has a market capitalization of $14.84 billion, a P/E ratio of 31.87, a P/E/G ratio of 1.03 and a beta of 1.38. 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 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). The business had revenue of $9.49 billion during the quarter, compared to the consensus estimate of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. On average, research analysts forecast 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.