B. Metzler seel. Sohn & Co. AG Decreases Stock Position in US Foods Holding Corp. $USFD

Key Points

• B. Metzler seel. Sohn & Co. AG reduced its stock holdings in US Foods Holding Corp. by 28.9%, now owning 79,356 shares valued at approximately $5.2 million.
• Several institutional investors, including Boston Partners and Wellington Management Group LLP, increased their stakes in US Foods during the same period, indicating a strong interest from hedge funds.
• Analysts are optimistic about US Foods, with various firms raising their price targets, and an average consensus rating of "Buy," alongside a target price of $80.55.

B. Metzler seel. Sohn & Co. AG cut its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 28.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,356 shares of the company's stock after selling 32,332 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in US Foods were worth $5,195,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Boston Partners lifted its holdings in US Foods by 29.1% in the 1st quarter. Boston Partners now owns 16,457,351 shares of the company's stock valued at $1,076,225,000 after purchasing an additional 3,713,345 shares in the last quarter. Wellington Management Group LLP lifted its holdings in US Foods by 3.7% in the 1st quarter. Wellington Management Group LLP now owns 11,836,323 shares of the company's stock valued at $774,806,000 after purchasing an additional 426,288 shares in the last quarter. Invesco Ltd. lifted its holdings in US Foods by 21.8% in the 1st quarter. Invesco Ltd. now owns 7,546,048 shares of the company's stock valued at $493,964,000 after purchasing an additional 1,350,034 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in US Foods by 1.7% in the 4th quarter. Ameriprise Financial Inc. now owns 2,136,356 shares of the company's stock valued at $144,119,000 after purchasing an additional 36,307 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in US Foods by 25.0% in the 4th quarter. Northern Trust Corp now owns 2,029,419 shares of the company's stock valued at $136,905,000 after purchasing an additional 405,871 shares in the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Guggenheim upped their target price on shares of US Foods from $80.00 to $88.00 and gave the company a "buy" rating in a report on Monday, August 11th. Citigroup assumed coverage on shares of US Foods in a research note on Thursday, May 22nd. They set a "buy" rating and a $95.00 price objective for the company. JPMorgan Chase & Co. upped their price objective on shares of US Foods from $82.00 to $85.00 and gave the company a "neutral" rating in a research note on Wednesday, June 25th. UBS Group upped their price objective on shares of US Foods from $84.00 to $96.00 and gave the company a "buy" rating in a research note on Monday, July 28th. Finally, Morgan Stanley reaffirmed an "overweight" rating and set a $89.00 price objective (up previously from $84.00) on shares of US Foods in a research note on Monday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $80.55.

Insider Transactions at US Foods

In related news, EVP Dirk J. Locascio sold 7,500 shares of the stock in a transaction that occurred on Thursday, July 10th. The shares were sold at an average price of $80.00, for a total transaction of $600,000.00. Following the completion of the sale, the executive vice president owned 115,077 shares of the company's stock, valued at approximately $9,206,160. This represents a 6.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.60% of the company's stock.

US Foods Trading Down 0.1%

NYSE USFD opened at $77.68 on Thursday. The company has a 50-day moving average of $79.76 and a 200-day moving average of $72.95. The company has a market cap of $17.49 billion, a P/E ratio of 33.20, a P/E/G ratio of 1.09 and a beta of 1.44. US Foods Holding Corp. has a 12 month low of $56.47 and a 12 month high of $85.11. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.17 and a quick ratio of 0.73.

US Foods (NYSE:USFD - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $1.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.14 by $0.05. The firm had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $10.17 billion. US Foods had a net margin of 1.43% and a return on equity of 16.86%. The company's revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.93 EPS. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. As a group, equities analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

US Foods 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.

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