Avalon Trust Co Buys New Shares in US Foods Holding Corp. $USFD

Avalon Trust Co purchased a new stake in US Foods Holding Corp. (NYSE:USFD - Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 236,090 shares of the company's stock, valued at approximately $24,140,000. US Foods makes up approximately 1.5% of Avalon Trust Co's investment portfolio, making the stock its 17th biggest holding. Avalon Trust Co owned about 0.11% of US Foods as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of USFD. Royal Bank of Canada boosted its holdings in US Foods by 85.8% during the first quarter. Royal Bank of Canada now owns 148,512 shares of the company's stock worth $9,722,000 after buying an additional 68,567 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of US Foods during the first quarter worth approximately $359,000. Sivia Capital Partners LLC acquired a new position in shares of US Foods in the 2nd quarter valued at about $526,000. Brown Advisory Inc. bought a new position in US Foods in the 2nd quarter worth about $252,000. Finally, Cerity Partners LLC raised its holdings in US Foods by 20.5% during the second quarter. Cerity Partners LLC now owns 47,977 shares of the company's stock worth $3,695,000 after purchasing an additional 8,162 shares in the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

US Foods Stock Down 1.2%

Shares of USFD stock opened at $108.72 on Friday. US Foods Holding Corp. has a 1 year low of $69.88 and a 1 year high of $111.42. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.19. The firm's fifty day moving average price is $99.16 and its two-hundred day moving average price is $92.86. The firm has a market capitalization of $23.52 billion, a P/E ratio of 33.45, a PEG ratio of 1.40 and a beta of 0.81.

US Foods (NYSE:USFD - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, topping analysts' consensus estimates of $1.36 by $0.08. The business had revenue of $10.53 billion for 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%. The firm's revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.19 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities analysts predict that US Foods Holding Corp. will post 4.35 EPS for the current fiscal year.

Insider Activity at US Foods

In other news, insider William Spencer Hancock sold 21,754 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the transaction, the insider owned 101,144 shares in the company, valued at approximately $10,952,883.76. This trade represents a 17.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Randy J. Taylor sold 11,630 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $110.37, for a total value of $1,283,603.10. Following the transaction, the insider owned 73,618 shares in the company, valued at $8,125,218.66. The trade was a 13.64% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.74% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have recently commented on USFD shares. Wall Street Zen raised US Foods from a "hold" rating to a "buy" rating in a research report on Saturday. Piper Sandler upped their target price on shares of US Foods from $88.00 to $108.00 and gave the company a "neutral" rating in a research note on Wednesday. JPMorgan Chase & Co. dropped their price objective on shares of US Foods from $98.00 to $90.00 and set a "neutral" rating for the company in a research note on Thursday, May 14th. Guggenheim upped their target price on shares of US Foods from $115.00 to $120.00 and gave the stock a "buy" rating in a research report on Friday, August 7th. Finally, Zacks Research upgraded shares of US Foods from a "strong sell" rating to a "hold" rating in a research report on Tuesday, July 28th. Eleven equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $113.92.

About US Foods

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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