Belmont Capital LLC Purchases Shares of 12,650 US Foods Holding Corp. $USFD

Key Points

• Belmont Capital LLC has purchased 12,650 shares of US Foods Holding Corp., valued at approximately $828,000, marking a new position for the firm in the 1st quarter.
• US Foods reported a net margin of 1.43% and earnings per share (EPS) of $1.19, surpassing analyst expectations by $0.05 in its recent earnings announcement.
• Analysts have generally maintained a positive outlook on US Foods, with a consensus average rating of "Buy" and a target price of $81.27 following recent upgrades from multiple firms.

Belmont Capital LLC acquired a new position in US Foods Holding Corp. (NYSE:USFD - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 12,650 shares of the company's stock, valued at approximately $828,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of USFD. Colonial Trust Co SC purchased a new position in shares of US Foods in the 4th quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of US Foods in the 1st quarter worth approximately $31,000. True Wealth Design LLC grew its position in shares of US Foods by 153.6% in the 4th quarter. True Wealth Design LLC now owns 492 shares of the company's stock worth $33,000 after buying an additional 298 shares during the last quarter. Blue Trust Inc. boosted its stake in US Foods by 487.2% in the 1st quarter. Blue Trust Inc. now owns 875 shares of the company's stock worth $57,000 after purchasing an additional 726 shares in the last quarter. Finally, Signaturefd LLC boosted its stake in US Foods by 19.7% in the 1st quarter. Signaturefd LLC now owns 1,302 shares of the company's stock worth $85,000 after purchasing an additional 214 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.

Analyst Upgrades and Downgrades

USFD has been the subject of a number of recent analyst reports. Barclays lifted their target price on shares of US Foods from $85.00 to $95.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 4th. Citigroup began coverage on shares of US Foods in a report on Thursday, May 22nd. They issued a "buy" rating and a $95.00 price target for the company. Piper Sandler boosted their price target on shares of US Foods from $77.00 to $85.00 and gave the stock an "overweight" rating in a report on Tuesday, September 2nd. UBS Group upped their target price on shares of US Foods from $84.00 to $96.00 and gave the stock a "buy" rating in a report on Monday, July 28th. Finally, Wall Street Zen raised shares of US Foods from a "buy" rating to a "strong-buy" rating in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $81.27.

Insider Buying and Selling at US Foods

In other news, EVP Dirk J. Locascio sold 7,500 shares of the firm's stock in a transaction on Thursday, July 10th. The stock was sold at an average price of $80.00, for a total value of $600,000.00. Following the completion of the transaction, the executive vice president owned 115,077 shares in the company, valued at $9,206,160. This trade represents a 6.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.60% of the stock is currently owned by corporate insiders.

US Foods Stock Performance

Shares of NYSE USFD traded down $0.12 during mid-day trading on Friday, hitting $77.88. 1,228,073 shares of the company were exchanged, compared to its average volume of 1,964,441. The company has a quick ratio of 0.73, a current ratio of 1.17 and a debt-to-equity ratio of 1.02. The stock has a 50 day simple moving average of $79.92 and a 200-day simple moving average of $73.30. US Foods Holding Corp. has a 1-year low of $56.47 and a 1-year high of $85.11. The firm has a market cap of $17.54 billion, a price-to-earnings ratio of 33.28, a price-to-earnings-growth ratio of 1.09 and a beta of 1.39.

US Foods (NYSE:USFD - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $1.19 EPS for the quarter, beating analysts' consensus estimates of $1.14 by $0.05. US Foods had a return on equity of 16.86% and a net margin of 1.43%.The company had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $10.17 billion. During the same quarter last year, the company earned $0.93 earnings per share. US Foods's quarterly revenue was up 3.8% compared to the same quarter last year. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. On average, sell-side analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current fiscal 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.