Candriam S.C.A. Makes New $835,000 Investment in US Foods Holding Corp. $USFD

Key Points

• Candriam S.C.A. invested approximately $835,000 in US Foods Holding Corp. by acquiring 12,754 shares during the first quarter, signaling confidence in the company's performance.
• Analyst ratings for US Foods are generally positive, with several firms raising their target prices, leading to a consensus Buy rating and a target price increase up to $96.00 from UBS Group.
• US Foods reported a net margin of 1.43% and earnings per share of $1.19 for the last quarter, exceeding expectations despite a slight miss in revenue forecasts.

Candriam S.C.A. purchased a new position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 12,754 shares of the company's stock, valued at approximately $835,000.

Other large investors have also recently made changes to their positions in the company. Colonial Trust Co SC purchased a new position in shares of US Foods during the fourth quarter worth approximately $25,000. GeoWealth Management LLC raised its stake in shares of US Foods by 94.5% during the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company's stock worth $26,000 after acquiring an additional 189 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of US Foods during the first quarter worth approximately $31,000. True Wealth Design LLC raised its stake in shares of US Foods by 153.6% during the fourth quarter. True Wealth Design LLC now owns 492 shares of the company's stock worth $33,000 after acquiring an additional 298 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in shares of US Foods by 487.2% during the first quarter. Blue Trust Inc. now owns 875 shares of the company's stock worth $57,000 after acquiring an additional 726 shares in the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

USFD has been the topic of several recent analyst reports. Guggenheim raised their target price on shares of US Foods from $80.00 to $88.00 and gave the stock a "buy" rating in a report on Monday, August 11th. Morgan Stanley restated an "overweight" rating and issued a $89.00 target price (up previously from $84.00) on shares of US Foods in a report on Monday, July 14th. UBS Group raised their target price on shares of US Foods from $84.00 to $96.00 and gave the stock a "buy" rating in a report on Monday, July 28th. Citigroup initiated coverage on shares of US Foods in a report on Thursday, May 22nd. They issued a "buy" rating and a $95.00 target price on the stock. Finally, Wells Fargo & Company restated an "overweight" rating and issued a $87.00 target price (up previously from $80.00) on shares of US Foods in a report on Friday, August 8th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, US Foods currently has a consensus rating of "Buy" and a consensus target price of $80.55.

Insiders Place Their Bets

In related news, EVP Dirk J. Locascio sold 7,500 shares of US Foods stock in a transaction on Thursday, July 10th. The shares were sold at an average price of $80.00, for a total value of $600,000.00. Following the sale, the executive vice president owned 115,077 shares in the company, valued at $9,206,160. The trade was a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.60% of the stock is currently owned by company insiders.

US Foods Stock Performance

NYSE:USFD opened at $78.0320 on Monday. The stock has a market cap of $17.57 billion, a P/E ratio of 33.35, a price-to-earnings-growth ratio of 1.10 and a beta of 1.44. The firm's fifty day simple moving average is $79.66 and its 200 day simple moving average is $72.83. US Foods Holding Corp. has a twelve month low of $56.47 and a twelve month high of $85.11. The company has a quick ratio of 0.73, a current ratio of 1.17 and a debt-to-equity ratio of 1.02.

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

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.

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