Artemis Investment Management LLP Has $30.52 Million Stock Position in US Foods Holding Corp. (NYSE:USFD)

Artemis Investment Management LLP raised its stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 30.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 466,238 shares of the company's stock after purchasing an additional 109,720 shares during the period. Artemis Investment Management LLP owned 0.20% of US Foods worth $30,520,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. EntryPoint Capital LLC acquired a new position in US Foods during the 4th quarter worth $357,000. Blue Trust Inc. boosted its stake in US Foods by 487.2% during the 1st quarter. Blue Trust Inc. now owns 875 shares of the company's stock valued at $57,000 after purchasing an additional 726 shares during the period. Janney Montgomery Scott LLC grew its holdings in US Foods by 202.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 64,085 shares of the company's stock valued at $4,195,000 after buying an additional 42,892 shares during the last quarter. Miracle Mile Advisors LLC bought a new position in US Foods in the 1st quarter worth approximately $248,000. Finally, Avantax Advisory Services Inc. lifted its holdings in shares of US Foods by 121.6% during the fourth quarter. Avantax Advisory Services Inc. now owns 11,131 shares of the company's stock worth $751,000 after buying an additional 6,108 shares during the last quarter. 98.76% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP Dirk J. Locascio sold 15,000 shares of the company's stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $75.00, for a total transaction of $1,125,000.00. Following the transaction, the executive vice president now owns 115,077 shares in the company, valued at $8,630,775. This represents a 11.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on USFD shares. Citigroup assumed coverage on shares of US Foods in a research report on Thursday, May 22nd. They set a "buy" rating and a $95.00 target price on the stock. Wall Street Zen raised shares of US Foods from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 24th. Morgan Stanley increased their target price on shares of US Foods from $81.00 to $84.00 and gave the company an "overweight" rating in a research note on Friday, May 9th. UBS Group boosted their price target on US Foods from $83.00 to $84.00 and gave the company a "buy" rating in a research note on Friday, May 9th. Finally, Guggenheim reiterated a "buy" rating and issued a $80.00 price objective on shares of US Foods in a research report on Monday, May 12th. One equities research 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 has an average rating of "Buy" and a consensus target price of $77.00.

US Foods Price Performance

NYSE:USFD traded down $0.29 during trading hours on Monday, reaching $76.98. The company had a trading volume of 1,078,208 shares, compared to its average volume of 2,014,266. The company has a quick ratio of 0.74, a current ratio of 1.17 and a debt-to-equity ratio of 1.02. The stock has a 50-day moving average of $73.52 and a two-hundred day moving average of $69.55. US Foods Holding Corp. has a one year low of $50.05 and a one year high of $79.64. The firm has a market capitalization of $17.81 billion, a PE ratio of 35.31, a PEG ratio of 1.11 and a beta of 1.44.

US Foods (NYSE:USFD - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.69 by ($0.01). US Foods had a return on equity of 15.58% and a net margin of 1.38%. The firm had revenue of $9.35 billion during the quarter, compared to the consensus estimate of $9.42 billion. During the same period in the previous year, the company posted $0.54 EPS. The firm's revenue for the quarter was up 4.5% compared to the same quarter last year. Analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

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.