35,708 Shares in US Foods Holding Corp. (NYSE:USFD) Purchased by Edgestream Partners L.P.

Edgestream Partners L.P. acquired a new position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 35,708 shares of the company's stock, valued at approximately $2,337,000.

A number of other hedge funds have also recently modified their holdings of the business. Kesler Norman & Wride LLC lifted its holdings in shares of US Foods by 1.3% during the 1st quarter. Kesler Norman & Wride LLC now owns 12,555 shares of the company's stock valued at $822,000 after purchasing an additional 160 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in shares of US Foods by 59.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock valued at $32,000 after acquiring an additional 178 shares during the period. GeoWealth Management LLC grew its position in shares of US Foods by 94.5% during the 4th quarter. GeoWealth Management LLC now owns 389 shares of the company's stock valued at $26,000 after acquiring an additional 189 shares during the period. ProShare Advisors LLC lifted its stake in US Foods by 2.2% in the 4th quarter. ProShare Advisors LLC now owns 10,898 shares of the company's stock valued at $735,000 after buying an additional 238 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in US Foods by 16.8% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,724 shares of the company's stock valued at $113,000 after buying an additional 248 shares in the last quarter. Institutional investors own 98.76% of the company's stock.

US Foods Stock Performance

NYSE:USFD opened at $83.86 on Friday. The stock has a market cap of $19.40 billion, a P/E ratio of 38.47, a PEG ratio of 1.20 and a beta of 1.41. The company has a quick ratio of 0.74, a current ratio of 1.17 and a debt-to-equity ratio of 1.02. US Foods Holding Corp. has a twelve month low of $50.49 and a twelve month high of $84.44. The business's 50-day moving average price is $77.38 and its two-hundred day moving average price is $70.65.

US Foods (NYSE:USFD - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.69 by ($0.01). US Foods had a net margin of 1.38% and a return on equity of 15.58%. The business had revenue of $9.35 billion for the quarter, compared to the consensus estimate of $9.42 billion. During the same period in the previous year, the company earned $0.54 earnings per share. The company's revenue for the quarter was up 4.5% compared to the same quarter last year. As a group, equities analysts predict that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP Dirk J. Locascio sold 7,500 shares of the 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 sale, the executive vice president directly owned 115,077 shares in the company, valued at approximately $9,206,160. This trade represents a 6.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.60% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on USFD. Barclays lifted their price target on shares of US Foods from $85.00 to $95.00 and gave the company an "overweight" rating in a research report on Wednesday, June 4th. UBS Group boosted their target price on shares of US Foods from $83.00 to $84.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. Wells Fargo & Company reiterated an "overweight" rating on shares of US Foods in a research note on Sunday. Citigroup began coverage on shares of US Foods in a report on Thursday, May 22nd. They issued a "buy" rating and a $95.00 target price for the company. Finally, JPMorgan Chase & Co. boosted their price target on shares of US Foods from $82.00 to $85.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 25th. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $77.42.

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.

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