35,559 Shares in US Foods Holding Corp. $USFD Bought by Martingale Asset Management L P

Key Points

• Martingale Asset Management L P acquired 35,559 shares of US Foods Holding Corp., valued at approximately $2.33 million, marking a significant new investment in the company during the first quarter.
• Institutional investors own 98.76% of US Foods stock, with notable holdings increased by firms like Boston Partners and Wellington Management Group LLP during the same period.
• US Foods reported $1.19 EPS for the last quarter, exceeding analysts' expectations, and set its FY 2025 earnings guidance between 3.764-3.874 EPS, with a consensus estimate of 3.59 EPS for the current fiscal year.

Martingale Asset Management L P acquired a new stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 35,559 shares of the company's stock, valued at approximately $2,328,000.

Several other institutional investors have also modified their holdings of the business. Boston Partners lifted its holdings in shares of US Foods by 29.1% during the 1st quarter. Boston Partners now owns 16,457,351 shares of the company's stock valued at $1,076,225,000 after purchasing an additional 3,713,345 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of US Foods by 3.7% during the 1st quarter. Wellington Management Group LLP now owns 11,836,323 shares of the company's stock valued at $774,806,000 after purchasing an additional 426,288 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of US Foods by 21.8% during the 1st quarter. Invesco Ltd. now owns 7,546,048 shares of the company's stock valued at $493,964,000 after purchasing an additional 1,350,034 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of US Foods by 1.7% during the 4th quarter. Ameriprise Financial Inc. now owns 2,136,356 shares of the company's stock valued at $144,119,000 after purchasing an additional 36,307 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of US Foods by 25.0% during the 4th quarter. Northern Trust Corp now owns 2,029,419 shares of the company's stock valued at $136,905,000 after purchasing an additional 405,871 shares in the last quarter. Institutional investors own 98.76% of the company's stock.

US Foods Stock Performance

USFD traded down $0.6460 during trading on Monday, hitting $77.4240. The stock had a trading volume of 1,745,541 shares, compared to its average volume of 2,500,415. The company has a 50 day moving average price of $79.67 and a 200-day moving average price of $72.88. The firm has a market cap of $17.43 billion, a price-to-earnings ratio of 33.09, a P/E/G ratio of 1.10 and a beta of 1.44. US Foods Holding Corp. has a one year low of $56.47 and a one year high of $85.11. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.17 and a quick ratio of 0.73.

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

Insider Buying and Selling at US Foods

In other news, EVP Dirk J. Locascio sold 7,500 shares of the company's stock in a transaction on Thursday, July 10th. The stock was sold at an average price of $80.00, for a total transaction of $600,000.00. Following the completion of the sale, the executive vice president directly owned 115,077 shares in the company, valued at approximately $9,206,160. This represents a 6.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.60% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on USFD. Citigroup began coverage on US Foods in a research report on Thursday, May 22nd. They issued a "buy" rating and a $95.00 target price on the stock. Wall Street Zen lowered US Foods from a "strong-buy" rating to a "buy" rating in a research report on Friday. JPMorgan Chase & Co. lifted their target price on US Foods from $82.00 to $85.00 and gave the company a "neutral" rating in a research report on Wednesday, June 25th. UBS Group boosted their price target on US Foods from $84.00 to $96.00 and gave the stock a "buy" rating in a research report on Monday, July 28th. Finally, Guggenheim boosted their price target on US Foods from $80.00 to $88.00 and gave the stock a "buy" rating in a research report on Monday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, US Foods has an average rating of "Buy" and an average target price of $80.55.

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.