Ararat Capital Management LP Sells 53,132 Shares of US Foods Holding Corp. $USFD

Key Points

• Ararat Capital Management LP cut its stake by 46.2% in US Foods during Q3, selling 53,132 shares and now holds 61,773 shares worth about $4.73 million (USFD is 2.5% of Ararat’s assets and its 17th-largest holding).
• Analyst sentiment has grown more positive with MarketBeat showing 1 Strong Buy, 10 Buy and 2 Hold ratings and an average price target of $107.33, while several firms raised targets into the $110–$117 range.
• Insider James David Works Jr. sold 65,737 shares at roughly $96.52 (~$6.34M), reducing his ownership by about 42.7%; company insiders now own 0.60% of the stock.

Ararat Capital Management LP cut its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 46.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 61,773 shares of the company's stock after selling 53,132 shares during the quarter. US Foods makes up 2.5% of Ararat Capital Management LP's holdings, making the stock its 17th biggest holding. Ararat Capital Management LP's holdings in US Foods were worth $4,733,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. SG Americas Securities LLC lifted its holdings in shares of US Foods by 323.5% in the third quarter. SG Americas Securities LLC now owns 38,515 shares of the company's stock worth $2,951,000 after acquiring an additional 29,420 shares during the last quarter. CENTRAL TRUST Co grew its holdings in shares of US Foods by 30,283.3% during the 3rd quarter. CENTRAL TRUST Co now owns 5,469 shares of the company's stock valued at $419,000 after purchasing an additional 5,451 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al increased its position in US Foods by 55.1% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 48,709 shares of the company's stock worth $3,732,000 after purchasing an additional 17,300 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in US Foods during the 3rd quarter worth approximately $3,599,000. Finally, Artisan Partners Limited Partnership lifted its stake in US Foods by 12.4% in the 2nd quarter. Artisan Partners Limited Partnership now owns 3,207,416 shares of the company's stock valued at $247,003,000 after purchasing an additional 354,747 shares during the last quarter. Institutional investors own 98.76% of the company's stock.

Wall Street Analysts Forecast Growth

USFD has been the topic of a number of research analyst reports. Wells Fargo & Company raised their target price on shares of US Foods from $87.00 to $110.00 and gave the company an "overweight" rating in a research report on Friday, February 13th. Piper Sandler cut US Foods from an "overweight" rating to a "neutral" rating and upped their target price for the stock from $85.00 to $103.00 in a report on Friday, February 13th. BTIG Research increased their target price on US Foods from $82.00 to $110.00 and gave the company a "buy" rating in a research report on Friday, February 13th. UBS Group reissued a "buy" rating and set a $117.00 price target on shares of US Foods in a research note on Friday, February 13th. Finally, Morgan Stanley set a $94.00 price target on US Foods and gave the stock a "mixed" rating in a report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $107.33.

US Foods Stock Performance

Shares of US Foods stock opened at $94.67 on Friday. The stock has a market cap of $20.88 billion, a price-to-earnings ratio of 32.20, a P/E/G ratio of 1.16 and a beta of 0.98. US Foods Holding Corp. has a twelve month low of $57.36 and a twelve month high of $102.13. The company's fifty day moving average is $88.44 and its 200 day moving average is $80.26. The company has a quick ratio of 0.68, a current ratio of 1.16 and a debt-to-equity ratio of 1.18.

US Foods (NYSE:USFD - Get Free Report) last announced its earnings results on Thursday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.03. US Foods had a return on equity of 18.74% and a net margin of 1.71%.The business had revenue of $9.80 billion during the quarter, compared to analyst estimates of $9.90 billion. During the same period last year, the company earned $0.84 EPS. US Foods's revenue for the quarter was up 3.3% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Sell-side analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current year.

Insider Activity

In other news, insider James David Works, Jr. sold 65,737 shares of the firm's stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $96.52, for a total transaction of $6,344,935.24. Following the completion of the transaction, the insider directly owned 88,176 shares in the company, valued at $8,510,747.52. This trade represents a 42.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.60% of the stock is owned by company insiders.

US Foods Company Profile

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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