Caxton Associates LLP Buys Shares of 12,604 US Foods Holding Corp. $USFD

Key Points

• Caxton Associates LLP acquired 12,604 shares of US Foods Holding Corp. valued at approximately $825,000, indicating strong institutional interest in the company.
• Analysts are optimistic about US Foods, with Piper Sandler raising its price target to $85.00 and Citigroup initiating coverage with a 'buy' rating and a $95.00 price target.
• US Foods reported a Q2 EPS of $1.19, beating estimates, while revenue rose 3.8% year-over-year, highlighting the company's growth potential.

Caxton Associates LLP bought a new stake in US Foods Holding Corp. (NYSE:USFD - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 12,604 shares of the company's stock, valued at approximately $825,000.

Several other large investors have also recently bought and sold shares of the company. Kesler Norman & Wride LLC increased its stake in US Foods by 1.3% in the first quarter. Kesler Norman & Wride LLC now owns 12,555 shares of the company's stock valued at $822,000 after purchasing an additional 160 shares in the last quarter. Signaturefd LLC boosted its holdings in shares of US Foods by 19.7% in the first quarter. Signaturefd LLC now owns 1,302 shares of the company's stock valued at $85,000 after buying an additional 214 shares during the period. Kovitz Investment Group Partners LLC boosted its holdings in shares of US Foods by 7.2% in the first quarter. Kovitz Investment Group Partners LLC now owns 3,373 shares of the company's stock valued at $221,000 after buying an additional 226 shares during the period. ProShare Advisors LLC boosted its holdings in shares of US Foods by 2.2% in the fourth quarter. ProShare Advisors LLC now owns 10,898 shares of the company's stock valued at $735,000 after buying an additional 238 shares during the period. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in shares of US Foods by 16.8% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,724 shares of the company's stock valued at $113,000 after buying an additional 248 shares during the period. Institutional investors own 98.76% of the company's stock.

Analyst Ratings Changes

Several research firms have recently weighed in on USFD. Piper Sandler upped their price target on shares of US Foods from $77.00 to $85.00 and gave the company an "overweight" rating in a report on Tuesday, September 2nd. Morgan Stanley reiterated an "overweight" rating and issued a $89.00 price target (up previously from $84.00) on shares of US Foods in a report on Monday, July 14th. Citigroup initiated coverage on shares of US Foods in a report on Thursday, May 22nd. They issued a "buy" rating and a $95.00 price target for the company. Barclays increased their target price on shares of US Foods from $85.00 to $95.00 and gave the stock an "overweight" rating in a report on Wednesday, June 4th. Finally, Guggenheim increased 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. Two equities research 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's stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $81.27.

US Foods Stock Performance

Shares of USFD stock opened at $77.72 on Thursday. The stock has a market cap of $17.50 billion, a P/E ratio of 33.22, a P/E/G ratio of 1.09 and a beta of 1.39. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.17 and a quick ratio of 0.73. The company has a fifty day moving average price of $79.96 and a two-hundred day moving average price of $73.43. US Foods Holding Corp. has a one year low of $56.65 and a one year high of $85.11.

US Foods (NYSE:USFD - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $1.19 EPS for the quarter, beating analysts' consensus estimates of $1.14 by $0.05. The firm had revenue of $10.08 billion during 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 company's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.93 earnings per share. 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 EPS for the current year.

Insider Buying and Selling

In other US Foods news, EVP Dirk J. Locascio sold 7,500 shares of the 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 completion of the sale, the executive vice president owned 115,077 shares in the company, valued at $9,206,160. This trade represents a 6.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.60% of the stock is currently owned by corporate insiders.

US Foods Company 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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