Financiere des Professionnels Fonds d investissement inc. Invests $482,000 in US Foods Holding Corp. $USFD

Key Points

• Financiere des Professionnels Fonds d investissement inc. recently acquired 6,260 shares of US Foods Holding Corp., valued at approximately $482,000, highlighting continued institutional interest in the company.
• US Foods reported an earnings per share (EPS) of $1.19 for the quarter, exceeding analysts' expectations, while quarterly revenue was reported at $10.08 billion, slightly below estimates.
• Wall Street analysts are optimistic about US Foods, with multiple firms setting price targets above $80 and a consensus rating of “Buy” for the stock.

Financiere des Professionnels Fonds d investissement inc. bought a new stake in shares of 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. The firm bought 6,260 shares of the company's stock, valued at approximately $482,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cetera Investment Advisers boosted its position in shares of US Foods by 84.6% in the 4th quarter. Cetera Investment Advisers now owns 24,062 shares of the company's stock worth $1,623,000 after purchasing an additional 11,024 shares in the last quarter. ProShare Advisors LLC boosted its position in shares of US Foods by 2.2% in the 4th quarter. ProShare Advisors LLC now owns 10,898 shares of the company's stock worth $735,000 after purchasing an additional 238 shares in the last quarter. Snowden Capital Advisors LLC boosted its position in shares of US Foods by 97.8% in the 4th quarter. Snowden Capital Advisors LLC now owns 8,179 shares of the company's stock worth $552,000 after purchasing an additional 4,045 shares in the last quarter. Two Sigma Advisers LP acquired a new stake in shares of US Foods in the 4th quarter worth $2,098,000. Finally, Worldquant Millennium Advisors LLC acquired a new stake in shares of US Foods in the 4th quarter worth $285,000. Institutional investors own 98.76% of the company's stock.

US Foods Price Performance

Shares of US Foods stock traded down $0.03 on Friday, hitting $78.34. The company's stock had a trading volume of 4,707,878 shares, compared to its average volume of 1,617,380. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.73 and a current ratio of 1.17. US Foods Holding Corp. has a 1 year low of $57.36 and a 1 year high of $85.11. The firm has a fifty day moving average price of $79.91 and a 200-day moving average price of $73.88. The company has a market capitalization of $17.64 billion, a price-to-earnings ratio of 33.48, a price-to-earnings-growth ratio of 1.10 and a beta of 1.39.

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 for the quarter, beating the consensus estimate 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 analyst estimates of $10.17 billion. During the same quarter in the previous year, the business earned $0.93 EPS. US Foods's revenue for the quarter 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 anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Insider Transactions at US Foods

In related news, EVP Dirk J. Locascio sold 7,500 shares of US Foods stock in a transaction dated 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. The trade was a 6.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.60% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on USFD shares. Piper Sandler raised their price objective on US Foods from $77.00 to $85.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 2nd. Wall Street Zen upgraded US Foods from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. Morgan Stanley restated an "overweight" rating and issued a $89.00 target price (up previously from $84.00) on shares of US Foods in a research note on Monday, July 14th. Barclays raised their target price on US Foods from $85.00 to $95.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 4th. Finally, JPMorgan Chase & Co. raised their target price on US Foods from $82.00 to $85.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 25th. Two equities research 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 stock currently has an average rating of "Buy" and a consensus price target of $81.27.

About US Foods

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.