Dimensional Fund Advisors LP Decreases Stock Holdings in US Foods Holding Corp. $USFD

Key Points

• Dimensional Fund Advisors LP reduced its holdings in US Foods by 4.2%, now owning 4,234,362 shares worth approximately $277.15 million.
• Various institutional investors have increased their stakes in US Foods, with significant boosts observed from firms like GeoWealth Management LLC and Blue Trust Inc., raising their ownership by 94.5% and 487.2%, respectively.
• Wall Street analysts have raised their target prices for US Foods, with projections ranging from $85.00 to $96.00, reflecting a generally positive outlook for the company's stock.

Dimensional Fund Advisors LP reduced its stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 4.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,234,362 shares of the company's stock after selling 185,003 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.84% of US Foods worth $277,148,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Colonial Trust Co SC purchased a new position in US Foods during the 4th quarter valued at $25,000. GeoWealth Management LLC increased its position in US Foods by 94.5% during the 4th quarter. GeoWealth Management LLC now owns 389 shares of the company's stock valued at $26,000 after purchasing an additional 189 shares during the period. Caitong International Asset Management Co. Ltd purchased a new position in US Foods during the 1st quarter valued at $31,000. True Wealth Design LLC increased its position in US Foods by 153.6% during the 4th quarter. True Wealth Design LLC now owns 492 shares of the company's stock valued at $33,000 after purchasing an additional 298 shares during the period. Finally, Blue Trust Inc. increased its position in US Foods by 487.2% during the 1st quarter. Blue Trust Inc. now owns 875 shares of the company's stock valued at $57,000 after purchasing an additional 726 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at US Foods

In related news, EVP Dirk J. Locascio sold 7,500 shares of the company's stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of $80.00, for a total value of $600,000.00. Following the transaction, 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 position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.60% of the stock is currently owned by insiders.

US Foods Stock Down 1.7%

US Foods stock traded down $1.3550 during mid-day trading on Thursday, reaching $77.4550. The stock had a trading volume of 1,816,122 shares, compared to its average volume of 2,258,084. The company has a market capitalization of $17.44 billion, a price-to-earnings ratio of 33.10, a PEG ratio of 1.08 and a beta of 1.44. The company has a 50-day moving average price of $79.59 and a two-hundred day moving average price of $72.73. US Foods Holding Corp. has a one year low of $56.47 and a one year high of $85.11. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.17 and a quick ratio of 0.73.

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

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Barclays boosted their price objective on shares of US Foods from $85.00 to $95.00 and gave the company an "overweight" rating in a research report on Wednesday, June 4th. Morgan Stanley restated an "overweight" rating and set a $89.00 target price (up previously from $84.00) on shares of US Foods in a report on Monday, July 14th. Guggenheim boosted their target price on shares of US Foods from $80.00 to $88.00 and gave the company a "buy" rating in a report on Monday, August 11th. Citigroup initiated coverage on shares of US Foods in a report on Thursday, May 22nd. They set a "buy" rating and a $95.00 target price on the stock. Finally, JPMorgan Chase & Co. boosted their target price on shares of US Foods from $82.00 to $85.00 and gave the company a "neutral" rating in a report on Wednesday, June 25th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $80.55.

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.