3,589 Shares in US Foods Holding Corp. $USFD Acquired by OMNI 360 Wealth Inc.

Key Points

• OMNI 360 Wealth Inc. acquired 3,589 shares of US Foods Holding Corp. (NYSE: USFD), valued at approximately $276,000, during the 2nd quarter.
• US Foods reported a Q2 EPS of $1.19, exceeding estimates of $1.14, with a revenue of $10.08 billion, reflecting a 3.8% year-over-year increase.
• The stock has received multiple price target increases from brokerages, with Barclays setting a new target of $95.00 and maintaining an "overweight" rating.

OMNI 360 Wealth Inc. purchased a new stake in US Foods Holding Corp. (NYSE:USFD - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,589 shares of the company's stock, valued at approximately $276,000.

A number of other institutional investors and hedge funds also recently modified their holdings of USFD. Caitong International Asset Management Co. Ltd acquired a new stake in shares of US Foods during the first quarter worth $31,000. True Wealth Design LLC boosted its position in shares of US Foods by 153.6% in the fourth 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 period. Blue Trust Inc. grew its holdings in shares of US Foods by 487.2% during the first quarter. Blue Trust Inc. now owns 875 shares of the company's stock valued at $57,000 after buying an additional 726 shares in the last quarter. Signaturefd LLC grew its holdings in shares of US Foods by 19.7% during the first quarter. Signaturefd LLC now owns 1,302 shares of the company's stock valued at $85,000 after buying an additional 214 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd acquired a new position in US Foods during the first quarter valued at $96,000. Institutional investors and hedge funds own 98.76% of the company's stock.

Insiders Place Their Bets

In other US Foods news, EVP Dirk J. Locascio sold 7,500 shares of the company's stock in a transaction dated Thursday, July 10th. The shares were 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 $9,206,160. This represents a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.60% of the stock is currently owned by corporate insiders.

US Foods Stock Down 0.3%

USFD opened at $79.63 on Monday. The firm has a market cap of $17.93 billion, a P/E ratio of 34.03, a price-to-earnings-growth ratio of 1.11 and a beta of 1.39. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.73 and a current ratio of 1.17. The business has a 50 day moving average price of $80.01 and a 200 day moving average price of $73.60. US Foods Holding Corp. has a twelve month low of $57.36 and a twelve month high of $85.11.

US Foods (NYSE:USFD - Get Free Report) last released its quarterly 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. The company had revenue of $10.08 billion for the quarter, compared to analyst estimates of $10.17 billion. US Foods had a net margin of 1.43% and a return on equity of 16.86%. The company's quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.93 earnings per share. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. Research analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have commented on USFD. Morgan Stanley restated an "overweight" rating and set a $89.00 price objective (up from $84.00) on shares of US Foods in a research report on Monday, July 14th. Citigroup initiated coverage on shares of US Foods in a report on Thursday, May 22nd. They set a "buy" rating and a $95.00 price target for the company. JPMorgan Chase & Co. upped their price objective on shares of US Foods from $82.00 to $85.00 and gave the company a "neutral" rating in a research note on Wednesday, June 25th. Guggenheim increased their target price on shares of US Foods from $80.00 to $88.00 and gave the stock a "buy" rating in a research report on Monday, August 11th. Finally, Barclays boosted their price target on shares of US Foods from $85.00 to $95.00 and gave the company an "overweight" rating in a report on Wednesday, June 4th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $81.27.

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.

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