US Foods Holding Corp. (NYSE:USFD) Position Lessened by Davis Investment Partners LLC

Davis Investment Partners LLC decreased its position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 36.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,554 shares of the company's stock after selling 10,270 shares during the quarter. Davis Investment Partners LLC's holdings in US Foods were worth $1,115,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in USFD. Colonial Trust Co SC purchased a new position in shares of US Foods in the fourth quarter valued at $25,000. GeoWealth Management LLC raised its position 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 purchasing an additional 189 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock valued at $32,000 after buying an additional 178 shares in the last quarter. Legacy Investment Solutions LLC bought a new stake in shares of US Foods during the 4th quarter worth about $32,000. Finally, True Wealth Design LLC raised its holdings in US Foods by 153.6% in the 4th quarter. True Wealth Design LLC now owns 492 shares of the company's stock valued at $33,000 after acquiring an additional 298 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company's stock.

Insider Transactions at US Foods

In related news, EVP Dirk J. Locascio sold 15,000 shares of the company's stock in a transaction 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 completion of the transaction, the executive vice president now directly owns 115,077 shares in the company, valued at approximately $8,630,775. This represents a 11.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.60% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Barclays upped their price objective on US Foods from $85.00 to $95.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 4th. Wall Street Zen raised US Foods from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 24th. Piper Sandler increased their target price on US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 18th. Citigroup started coverage on US Foods in a report on Thursday, May 22nd. They issued a "buy" rating and a $95.00 price objective on the stock. Finally, Morgan Stanley boosted their price objective on shares of US Foods from $81.00 to $84.00 and gave the stock an "overweight" rating in a report on Friday, May 9th. One equities research analyst has rated the stock with a hold rating, ten have issued a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $76.75.

US Foods Price Performance

NYSE USFD traded down $1.26 during trading on Friday, reaching $75.40. The company's stock had a trading volume of 1,583,575 shares, compared to its average volume of 2,028,699. The firm has a fifty day moving average of $70.83 and a 200 day moving average of $69.14. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. US Foods Holding Corp. has a one year low of $50.05 and a one year high of $79.64. The stock has a market capitalization of $17.44 billion, a PE ratio of 37.33, a P/E/G ratio of 1.03 and a beta of 1.44.

US Foods (NYSE:USFD - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.68 EPS for the quarter, missing analysts' consensus estimates of $0.69 by ($0.01). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The business had revenue of $9.35 billion during the quarter, compared to the consensus estimate of $9.42 billion. During the same period in the previous year, the business posted $0.54 EPS. The firm's revenue for the quarter was up 4.5% on a year-over-year basis. Analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

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.