Caxton Associates LLP Invests $825,000 in 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 shares of US Foods Holding Corp. (NYSE:USFD - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 12,604 shares of the company's stock, valued at approximately $825,000.

A number of other hedge funds also recently bought and sold shares of the business. Captrust Financial Advisors lifted its position in shares of US Foods by 69.4% during the 4th quarter. Captrust Financial Advisors now owns 16,603 shares of the company's stock valued at $1,120,000 after buying an additional 6,804 shares in the last quarter. Cetera Investment Advisers grew its position in shares of US Foods by 84.6% in the fourth quarter. Cetera Investment Advisers now owns 24,062 shares of the company's stock valued at $1,623,000 after purchasing an additional 11,024 shares during the period. Deutsche Bank AG increased its stake in shares of US Foods by 79.6% during the fourth quarter. Deutsche Bank AG now owns 152,050 shares of the company's stock worth $10,257,000 after purchasing an additional 67,399 shares in the last quarter. Focus Partners Wealth raised its position in shares of US Foods by 15.3% during the 4th quarter. Focus Partners Wealth now owns 75,308 shares of the company's stock worth $5,080,000 after purchasing an additional 9,968 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its stake in US Foods by 1.9% in the 4th quarter. Janus Henderson Group PLC now owns 104,259 shares of the company's stock valued at $7,031,000 after buying an additional 1,900 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.

US Foods Trading Down 2.0%

US Foods stock traded down $1.57 during trading on Tuesday, reaching $77.73. 1,893,078 shares of the company were exchanged, compared to its average volume of 1,638,644. 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 stock's 50 day simple moving average is $80.01 and its two-hundred day simple moving average is $73.68. The company has a market capitalization of $17.50 billion, a P/E ratio of 33.22, a PEG ratio of 1.11 and a beta of 1.39. US Foods Holding Corp. has a 52-week low of $57.36 and a 52-week high of $85.11.

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

Wall Street Analysts Forecast Growth

Several research firms have commented on USFD. Morgan Stanley reiterated an "overweight" rating and set a $89.00 price objective (up from $84.00) on shares of US Foods in a research note on Monday, July 14th. Guggenheim lifted their price target on US Foods from $80.00 to $88.00 and gave the stock a "buy" rating in a research note on Monday, August 11th. Wall Street Zen upgraded US Foods from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 5th. UBS Group raised their price objective on US Foods from $84.00 to $96.00 and gave the company a "buy" rating in a report on Monday, July 28th. Finally, Piper Sandler upped their target price on shares of US Foods from $77.00 to $85.00 and gave the stock an "overweight" rating in a report on Tuesday, September 2nd. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, US Foods presently has an average rating of "Buy" and an average target price of $81.27.

Insiders Place Their Bets

In other US Foods news, EVP Dirk J. Locascio sold 7,500 shares of US Foods stock in a transaction dated 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 directly 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 Securities & Exchange Commission, which is available at the SEC website. 0.60% of the stock is currently owned by company 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.