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Brooklyn FI LLC Invests $445,000 in US Foods Holding Corp. (NYSE:USFD)

US Foods logo with Consumer Staples background

Brooklyn FI LLC bought a new position in US Foods Holding Corp. (NYSE:USFD - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 6,784 shares of the company's stock, valued at approximately $445,000.

Other large investors also recently added to or reduced their stakes in the company. Focus Partners Advisor Solutions LLC purchased a new position in US Foods in the 4th quarter worth approximately $232,000. PharVision Advisers LLC purchased a new position in shares of US Foods in the fourth quarter worth $464,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of US Foods by 10.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 795,248 shares of the company's stock worth $53,647,000 after buying an additional 77,418 shares during the period. Worldquant Millennium Advisors LLC bought a new stake in US Foods during the 4th quarter valued at $285,000. Finally, Sovereign s Capital Management LLC purchased a new stake in US Foods during the 4th quarter valued at $476,000. Hedge funds and other institutional investors own 98.76% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Guggenheim restated a "buy" rating and issued a $80.00 price objective on shares of US Foods in a research report on Monday, May 12th. Barclays boosted their price target on US Foods from $82.00 to $85.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Piper Sandler increased their price objective on US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a report on Tuesday, February 18th. Morgan Stanley lifted their price objective on US Foods from $81.00 to $84.00 and gave the stock an "overweight" rating in a research report on Friday, May 9th. Finally, Citigroup assumed coverage on US Foods in a report on Thursday, May 22nd. They set a "buy" rating and a $95.00 target price for the company. One research analyst has rated the stock with a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $75.92.

Get Our Latest Stock Report on USFD

Insider Buying and Selling

In other news, EVP Dirk J. Locascio sold 15,000 shares of the business's stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $75.00, for a total value of $1,125,000.00. Following the sale, the executive vice president now directly owns 115,077 shares of the company's stock, valued at $8,630,775. The trade was a 11.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.60% of the stock is owned by company insiders.

US Foods Stock Up 0.8%

Shares of NYSE:USFD traded up $0.66 during trading on Friday, hitting $79.21. The stock had a trading volume of 2,983,831 shares, compared to its average volume of 2,041,762. The company has a market capitalization of $18.33 billion, a PE ratio of 39.21, a PEG ratio of 1.03 and a beta of 1.35. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. The firm's fifty day moving average is $67.96 and its 200 day moving average is $68.39. US Foods Holding Corp. has a 12 month low of $50.05 and a 12 month high of $79.62.

US Foods (NYSE:USFD - Get Free Report) last issued its quarterly 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). The firm had revenue of $9.35 billion during the quarter, compared to analysts' expectations of $9.42 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. US Foods'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 $0.54 earnings per share. Analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

US Foods Company Profile

(Free Report)

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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Institutional Ownership by Quarter for US Foods (NYSE:USFD)

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