Pallas Capital Advisors LLC purchased a new stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 11,660 shares of the company's stock, valued at approximately $1,192,000.
Other large investors have also added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC purchased a new position in shares of US Foods in the third quarter valued at about $26,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of US Foods during the second quarter worth about $39,000. Geneos Wealth Management Inc. grew its stake in shares of US Foods by 120.1% in the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company's stock worth $37,000 after purchasing an additional 263 shares during the last quarter. Nalls Sherbakoff Group LLC purchased a new position in US Foods during the 4th quarter valued at about $36,000. Finally, Western Wealth Management LLC purchased a new position in US Foods during the 1st quarter valued at about $46,000. Institutional investors own 98.76% of the company's stock.
Insider Buying and Selling at US Foods
In other US Foods news, insider William Spencer Hancock sold 21,754 shares of the stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $108.29, for a total value of $2,355,740.66. Following the transaction, the insider owned 101,144 shares of the company's stock, valued at approximately $10,952,883.76. This represents a 17.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Randy J. Taylor sold 11,630 shares of the firm's stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $110.37, for a total value of $1,283,603.10. Following the completion of the transaction, the insider directly owned 73,618 shares in the company, valued at $8,125,218.66. The trade was a 13.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.74% of the stock is owned by corporate insiders.
US Foods Stock Down 1.4%
USFD stock opened at $107.06 on Wednesday. The firm has a market cap of $23.16 billion, a PE ratio of 32.94, a price-to-earnings-growth ratio of 1.40 and a beta of 0.81. The business has a 50 day moving average of $99.95 and a 200 day moving average of $93.29. US Foods Holding Corp. has a twelve month low of $69.88 and a twelve month high of $111.42. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.19.
US Foods (NYSE:USFD - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.08. The business had revenue of $10.53 billion for the quarter, compared to analysts' expectations of $10.46 billion. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The business's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.19 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, research analysts forecast that US Foods Holding Corp. will post 4.35 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
USFD has been the subject of several research analyst reports. UBS Group increased their price objective on US Foods from $117.00 to $127.00 and gave the stock a "buy" rating in a report on Friday, August 7th. BTIG Research upped their target price on US Foods from $105.00 to $120.00 and gave the company a "buy" rating in a report on Friday, August 7th. BMO Capital Markets reaffirmed an "outperform" rating and issued a $120.00 price target on shares of US Foods in a research note on Friday, August 7th. Wells Fargo & Company lifted their price target on shares of US Foods from $110.00 to $125.00 and gave the company an "overweight" rating in a report on Friday, August 7th. Finally, Wall Street Zen upgraded shares of US Foods from a "hold" rating to a "buy" rating in a report on Saturday. Eleven investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $113.92.
Get Our Latest Report on US Foods
US Foods Profile
(
Free Report)
US Foods NYSE: USFD is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.
Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.
Further Reading
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