Bank of New York Mellon Corp Has $113.21 Million Stake in US Foods Holding Corp. (NYSE:USFD)

Bank of New York Mellon Corp decreased its stake in US Foods Holding Corp. (NYSE:USFD - Free Report) by 1.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,729,508 shares of the company's stock after selling 28,966 shares during the period. Bank of New York Mellon Corp owned 0.75% of US Foods worth $113,214,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. OneDigital Investment Advisors LLC grew its holdings in US Foods by 9.8% during the first quarter. OneDigital Investment Advisors LLC now owns 22,540 shares of the company's stock worth $1,475,000 after purchasing an additional 2,011 shares during the period. Silver Oak Securities Incorporated grew its holdings in US Foods by 14.8% during the first quarter. Silver Oak Securities Incorporated now owns 19,314 shares of the company's stock worth $1,246,000 after purchasing an additional 2,497 shares during the period. Keybank National Association OH grew its holdings in US Foods by 1.9% during the first quarter. Keybank National Association OH now owns 13,538 shares of the company's stock worth $886,000 after purchasing an additional 254 shares during the period. DAVENPORT & Co LLC grew its holdings in US Foods by 1.5% during the first quarter. DAVENPORT & Co LLC now owns 25,172 shares of the company's stock worth $1,648,000 after purchasing an additional 363 shares during the period. Finally, New Millennium Group LLC grew its holdings in US Foods by 3.1% during the first quarter. New Millennium Group LLC now owns 23,830 shares of the company's stock worth $1,560,000 after purchasing an additional 713 shares during the period. Institutional investors own 98.76% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on USFD shares. Barclays lifted their price target on US Foods from $85.00 to $95.00 and gave the stock an "overweight" rating in a report on Wednesday, June 4th. Wall Street Zen upgraded US Foods from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 24th. 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. Guggenheim restated a "buy" rating and issued a $80.00 price target on shares of US Foods in a research note on Monday, May 12th. Finally, Morgan Stanley boosted their price target on US Foods from $81.00 to $84.00 and gave the company an "overweight" rating in a research note on Friday, May 9th. One analyst has rated the stock with a hold rating, ten have given a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $77.00.

US Foods Price Performance

Shares of USFD stock traded up $0.22 during trading on Friday, hitting $80.47. The company had a trading volume of 2,357,132 shares, compared to its average volume of 2,162,319. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.74 and a current ratio of 1.17. The firm has a market capitalization of $18.62 billion, a P/E ratio of 36.95, a price-to-earnings-growth ratio of 1.15 and a beta of 1.41. The stock's 50-day moving average price is $76.06 and its 200 day moving average price is $70.18. US Foods Holding Corp. has a one year low of $50.49 and a one year high of $81.63.

US Foods (NYSE:USFD - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.68 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.01). US Foods had a net margin of 1.38% and a return on equity of 15.58%. The firm had revenue of $9.35 billion for the quarter, compared to analyst estimates of $9.42 billion. During the same quarter in the prior year, the firm earned $0.54 earnings per share. The firm's revenue for the quarter was up 4.5% on a year-over-year basis. Equities analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Insider Buying and Selling

In other US Foods news, EVP Dirk J. Locascio sold 15,000 shares of the business's stock in a transaction that occurred on 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 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.60% of the stock is currently owned by corporate insiders.

About US Foods

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.