US Foods Holding Corp. (NYSE:USFD) Shares Sold by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. cut its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 42.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 83,877 shares of the company's stock after selling 62,731 shares during the quarter. D. E. Shaw & Co. Inc.'s holdings in US Foods were worth $5,658,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Legacy Wealth Asset Management LLC increased its position in shares of US Foods by 4.0% during the 4th quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company's stock valued at $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 buying an additional 170 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock worth $32,000 after acquiring an additional 178 shares during the period. GeoWealth Management LLC lifted its holdings in shares of US Foods by 94.5% in the 4th quarter. GeoWealth Management LLC now owns 389 shares of the company's stock worth $26,000 after buying an additional 189 shares during the period. Finally, Vestcor Inc grew its position in shares of US Foods by 1.0% during the 4th quarter. Vestcor Inc now owns 20,200 shares of the company's stock worth $1,363,000 after buying an additional 195 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on USFD shares. JPMorgan Chase & Co. raised their target price on shares of US Foods from $70.00 to $82.00 and gave the company a "neutral" rating in a research report on Tuesday. Barclays raised their price target on shares of US Foods from $82.00 to $85.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Morgan Stanley increased their price objective on shares of US Foods from $81.00 to $84.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. StockNews.com upgraded US Foods from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, May 13th. Finally, Truist Financial raised their price target 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. One equities research analyst has rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $74.18.

Insider Activity at US Foods

In related news, EVP Dirk J. Locascio sold 15,000 shares of the business's stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $75.00, for a total value of $1,125,000.00. Following the sale, the executive vice president now directly owns 115,077 shares in the company, valued at approximately $8,630,775. The trade was a 11.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.60% of the stock is currently owned by insiders.

US Foods Price Performance

Shares of NYSE:USFD traded up $0.57 during trading on Tuesday, reaching $77.80. The stock had a trading volume of 2,365,922 shares, compared to its average volume of 2,019,130. US Foods Holding Corp. has a 1-year low of $50.05 and a 1-year high of $78.17. The stock has a market cap of $18.00 billion, a PE ratio of 38.52, a PEG ratio of 1.03 and a beta of 1.35. The business has a fifty day moving average price of $66.02 and a 200-day moving average price of $67.78. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21.

US Foods (NYSE:USFD - Get Free Report) last issued 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 net margin of 1.30% and a return on equity of 15.03%. The company had revenue of $9.35 billion during the quarter, compared to analysts' expectations of $9.42 billion. During the same quarter in the previous year, the company earned $0.54 earnings per share. The firm's quarterly revenue was up 4.5% compared to the same quarter last year. On average, equities analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

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.