Financiere des Professionnels Fonds d investissement inc. acquired a new stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 6,260 shares of the company's stock, valued at approximately $482,000.
Several other hedge funds and other institutional investors have also bought and sold shares of USFD. Caitong International Asset Management Co. Ltd bought a new stake in US Foods during the first quarter valued at about $31,000. Blue Trust Inc. boosted its holdings in shares of US Foods by 487.2% in the 1st 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 boosted its holdings in shares of US Foods by 19.7% in the 1st 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. Banque Transatlantique SA bought a new stake in shares of US Foods in the 1st quarter valued at about $91,000. Finally, Harvest Fund Management Co. Ltd acquired a new stake in shares of US Foods in the 1st quarter worth $96,000. Institutional investors own 98.76% of the company's stock.
Insiders Place Their Bets
In related news, EVP Dirk J. Locascio sold 7,500 shares of the stock in a transaction on 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 owned 115,077 shares in the company, valued at $9,206,160. This represents a 6.12% decrease in their position. The sale was disclosed in a document filed 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 0.0%
Shares of USFD stock traded down $0.03 on Friday, reaching $78.34. 4,707,878 shares of the stock were exchanged, compared to its average volume of 1,617,380. The business's 50 day moving average price is $79.91 and its 200 day moving average price is $73.84. The company has a market capitalization of $17.64 billion, a price-to-earnings ratio of 33.48, a PEG ratio of 1.10 and a beta of 1.39. US Foods Holding Corp. has a twelve month low of $57.36 and a twelve month high of $85.11. The company has a current ratio of 1.17, a quick ratio of 0.73 and a debt-to-equity ratio of 1.02.
US Foods (NYSE:USFD - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $1.19 earnings per share (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 firm had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $10.17 billion. During the same period in the prior year, the company posted $0.93 earnings per share. The firm'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. As a group, sell-side analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several equities research analysts have weighed in on USFD shares. Morgan Stanley reissued an "overweight" rating and issued a $89.00 price target (up previously from $84.00) on shares of US Foods in a report on Monday, July 14th. Guggenheim boosted their price objective on US Foods from $80.00 to $88.00 and gave the company a "buy" rating in a report on Monday, August 11th. Barclays upped their price target on US Foods from $85.00 to $95.00 and gave the stock an "overweight" rating in a report on Wednesday, June 4th. JPMorgan Chase & Co. increased their price objective on US Foods from $82.00 to $85.00 and gave the company a "neutral" rating in a research note on Wednesday, June 25th. Finally, Wall Street Zen raised US Foods from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. Two investment 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 company's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $81.27.
Check Out Our Latest Report on USFD
US Foods Company Profile
(
Free Report)
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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