Cwm LLC Purchases 14,577 Shares of US Foods Holding Corp. $USFD

Key Points

• Cwm LLC increased its stake in US Foods Holding Corp. by 29.2%, acquiring an additional 14,577 shares, bringing its total holdings to 64,502 shares worth approximately $4.97 million.
• US Foods reported earnings of $1.19 per share for the last quarter, exceeding analyst expectations, and generated a revenue of $10.08 billion, slightly below forecasts.
• Analysts have positive outlooks for US Foods, with several institutions raising their price targets, including Wells Fargo, which increased its target to $87.00.

Cwm LLC grew its position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 29.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 64,502 shares of the company's stock after acquiring an additional 14,577 shares during the period. Cwm LLC's holdings in US Foods were worth $4,967,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. OMNI 360 Wealth Inc. bought a new position in shares of US Foods during the second quarter valued at about $276,000. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of US Foods by 14.5% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,500 shares of the company's stock valued at $622,000 after acquiring an additional 1,200 shares during the last quarter. Allianz Asset Management GmbH raised its stake in US Foods by 152.6% in the first quarter. Allianz Asset Management GmbH now owns 104,768 shares of the company's stock worth $6,858,000 after buying an additional 63,288 shares in the last quarter. Jupiter Asset Management Ltd. bought a new position in US Foods in the first quarter worth about $91,087,000. Finally, GAMMA Investing LLC raised its stake in US Foods by 16.0% in the first quarter. GAMMA Investing LLC now owns 3,458 shares of the company's stock worth $226,000 after buying an additional 478 shares in the last quarter. 98.76% of the stock is owned by institutional investors.

US Foods Price Performance

Shares of USFD opened at $77.29 on Thursday. The stock has a market cap of $17.40 billion, a PE ratio of 33.03, a price-to-earnings-growth ratio of 1.08 and a beta of 1.36. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.73 and a current ratio of 1.17. US Foods Holding Corp. has a fifty-two week low of $57.36 and a fifty-two week high of $85.11. The firm's 50-day simple moving average is $77.45 and its two-hundred day simple moving average is $75.21.

US Foods (NYSE:USFD - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $1.19 earnings per share for the quarter, topping analysts' consensus estimates 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 business's revenue was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.93 earnings per share. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. Analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on USFD shares. Wells Fargo & Company reissued an "overweight" rating and issued a $87.00 price target (up from $80.00) on shares of US Foods in a research note on Friday, August 8th. Morgan Stanley reissued an "overweight" rating and issued a $89.00 price target (up from $84.00) on shares of US Foods in a research note on Monday, July 14th. Weiss Ratings reissued a "buy (b+)" rating on shares of US Foods in a research note on Tuesday. JPMorgan Chase & Co. increased their price target on shares of US Foods from $82.00 to $85.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 25th. Finally, Guggenheim increased their price target on shares of US Foods from $80.00 to $88.00 and gave the stock a "buy" rating in a research note on Monday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $81.27.

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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