Alberta Investment Management Corp bought a new stake in US Foods Holding Corp. (NYSE:USFD - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 83,900 shares of the company's stock, valued at approximately $8,579,000.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC purchased a new position in shares of US Foods during the third quarter worth approximately $26,000. Nalls Sherbakoff Group LLC acquired a new position in shares of US Foods in the 4th quarter valued at $36,000. Geneos Wealth Management Inc. raised its position in US Foods by 120.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company's stock valued at $37,000 after purchasing an additional 263 shares during the last quarter. Western Wealth Management LLC purchased a new stake in US Foods in the 1st quarter valued at $46,000. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in US Foods during the 3rd quarter worth $49,000. Hedge funds and other institutional investors own 98.76% of the company's stock.
US Foods Stock Performance
NYSE:USFD opened at $108.72 on Monday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.14 and a quick ratio of 0.70. The firm has a market cap of $23.52 billion, a price-to-earnings ratio of 33.45, a price-to-earnings-growth ratio of 1.40 and a beta of 0.81. The firm's fifty day moving average price is $99.16 and its 200 day moving average price is $92.95. US Foods Holding Corp. has a 1-year low of $69.88 and a 1-year high of $111.42.
US Foods (NYSE:USFD - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.44 EPS for the quarter, topping analysts' consensus estimates of $1.36 by $0.08. The company had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.46 billion. US Foods had a net margin of 1.81% and a return on equity of 20.53%. US Foods's quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.19 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, sell-side analysts expect that US Foods Holding Corp. will post 4.35 EPS for the current year.
Insider Activity at US Foods
In other news, insider William Spencer Hancock sold 21,754 shares of the firm's stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $108.29, for a total value of $2,355,740.66. Following the completion of the sale, the insider directly owned 101,144 shares of the company's stock, valued at $10,952,883.76. This trade represents a 17.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Randy J. Taylor sold 11,630 shares of US Foods stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $110.37, for a total value of $1,283,603.10. Following the completion of the sale, the insider owned 73,618 shares in the company, valued at approximately $8,125,218.66. This trade represents a 13.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.74% of the company's stock.
Wall Street Analyst Weigh In
Several brokerages have issued reports on USFD. Zacks Research raised shares of US Foods from a "strong sell" rating to a "hold" rating in a research report on Tuesday, July 28th. Citigroup upped their target price on shares of US Foods from $110.00 to $124.00 and gave the company a "buy" rating in a report on Friday, August 7th. TD Cowen increased their target price on shares of US Foods from $116.00 to $119.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Weiss Ratings reissued a "buy (b)" rating on shares of US Foods in a report on Wednesday, July 29th. Finally, BMO Capital Markets restated an "outperform" rating and issued a $120.00 price target on shares of US Foods in a research report on Friday, August 7th. Eleven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $113.92.
Check Out Our Latest Research Report on US Foods
US Foods Profile
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Free Report)
US Foods NYSE: USFD is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.
Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.
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