US Foods Holding Corp. (NYSE:USFD) Shares Sold by Amalgamated Bank

Amalgamated Bank decreased its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 5.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 104,855 shares of the company's stock after selling 5,726 shares during the period. Amalgamated Bank's holdings in US Foods were worth $6,864,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in USFD. Norges Bank acquired a new stake in shares of US Foods during the fourth quarter worth about $211,300,000. Artisan Partners Limited Partnership acquired a new stake in shares of US Foods during the fourth quarter worth about $171,107,000. Raymond James Financial Inc. acquired a new stake in shares of US Foods during the fourth quarter worth about $48,611,000. AQR Capital Management LLC boosted its stake in shares of US Foods by 133.8% during the fourth quarter. AQR Capital Management LLC now owns 1,151,913 shares of the company's stock worth $77,708,000 after buying an additional 659,283 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of US Foods by 307.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 639,558 shares of the company's stock worth $43,145,000 after buying an additional 482,461 shares during the period. Institutional investors and hedge funds own 98.76% of the company's stock.

US Foods Price Performance

Shares of USFD stock traded up $0.69 during midday trading on Friday, reaching $78.42. 858,449 shares of the company traded hands, compared to its average volume of 2,014,116. The firm's 50 day simple moving average is $74.95 and its two-hundred day simple moving average is $69.86. US Foods Holding Corp. has a 1-year low of $50.05 and a 1-year high of $79.64. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.17 and a quick ratio of 0.74. The firm has a market cap of $18.14 billion, a PE ratio of 35.97, a price-to-earnings-growth ratio of 1.13 and a beta of 1.41.

US Foods (NYSE:USFD - Get Free Report) last posted 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 company had revenue of $9.35 billion for the quarter, compared to analyst estimates of $9.42 billion. During the same quarter in the previous year, the business posted $0.54 earnings per share. US Foods's revenue was up 4.5% on a year-over-year basis. On average, equities research analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Insider Buying and Selling at US Foods

In related news, EVP Dirk J. Locascio sold 15,000 shares of US Foods stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $75.00, for a total transaction of $1,125,000.00. Following the completion of the transaction, the executive vice president directly owned 115,077 shares in the company, valued at $8,630,775. The trade was a 11.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.60% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on USFD shares. Citigroup started coverage on shares of US Foods in a research note on Thursday, May 22nd. They set a "buy" rating and a $95.00 target price for the company. Guggenheim restated a "buy" rating and issued a $80.00 price objective on shares of US Foods in a research report on Monday, May 12th. Barclays raised their price objective 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. JPMorgan Chase & Co. raised their price objective on shares of US Foods from $82.00 to $85.00 and gave the company a "neutral" rating in a research report on Wednesday, June 25th. Finally, Morgan Stanley raised their price objective on shares of US Foods from $81.00 to $84.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. One investment analyst has rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $77.00.

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.