Elevation Point Wealth Partners LLC Takes $2.31 Million Position in US Foods Holding Corp. $USFD

Key Points

• Elevation Point Wealth Partners acquired 22,555 shares of US Foods worth approximately $2.31 million during the second quarter. Institutional investors collectively own 98.76% of the company.
• Analysts maintain a generally positive outlook, with 11 Buy ratings and four Holds. US Foods has a “Moderate Buy” consensus rating and an average price target of $113.92.
• US Foods exceeded quarterly expectations, reporting $1.44 in adjusted earnings per share versus the $1.36 consensus estimate and $10.53 billion in revenue, up 4.5% year over year.

Elevation Point Wealth Partners LLC purchased a new stake in US Foods Holding Corp. (NYSE:USFD - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 22,555 shares of the company's stock, valued at approximately $2,306,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Keating Financial Advisory Services Inc. acquired a new stake in shares of US Foods in the second quarter valued at about $27,000. Measured Wealth Private Client Group LLC acquired a new position in shares of US Foods during the 3rd quarter worth about $26,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of US Foods during the 2nd quarter worth about $39,000. Geneos Wealth Management Inc. lifted its stake in US Foods by 120.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company's stock valued at $37,000 after buying an additional 263 shares in the last quarter. Finally, Nalls Sherbakoff Group LLC purchased a new position in US Foods in the 4th quarter valued at about $36,000. Hedge funds and other institutional investors own 98.76% of the company's stock.

Insider Buying and Selling

In other US Foods news, insider Randy J. Taylor sold 11,630 shares of the firm's stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $110.37, for a total value of $1,283,603.10. Following the completion of the sale, the insider directly owned 73,618 shares of the company's stock, valued at $8,125,218.66. This trade represents a 13.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider William Spencer Hancock sold 21,754 shares of US Foods stock in a transaction on Friday, August 7th. The stock was sold at an average price of $108.29, for a total value of $2,355,740.66. Following the transaction, the insider owned 101,144 shares in the company, valued at approximately $10,952,883.76. This represents a 17.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.74% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Guggenheim boosted their price objective on US Foods from $115.00 to $120.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. Piper Sandler raised their target price on US Foods from $88.00 to $108.00 and gave the company a "neutral" rating in a research report on Wednesday, August 12th. UBS Group lifted their price target on US Foods from $117.00 to $127.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. Zacks Research upgraded US Foods from a "strong sell" rating to a "hold" rating in a research report on Tuesday, July 28th. Finally, JPMorgan Chase & Co. reduced their price objective on US Foods from $98.00 to $90.00 and set a "neutral" rating for the company in a research note on Thursday, May 14th. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $113.92.

US Foods Stock Down 0.1%

USFD stock opened at $109.52 on Monday. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.19. The firm has a 50-day moving average of $100.96 and a two-hundred day moving average of $93.81. US Foods Holding Corp. has a 12 month low of $69.88 and a 12 month high of $111.42. The company has a market cap of $23.69 billion, a price-to-earnings ratio of 33.70, a PEG ratio of 1.39 and a beta of 0.81.

US Foods (NYSE:USFD - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.08. The business had revenue of $10.53 billion for the quarter, compared to analysts' expectations of $10.46 billion. US Foods had a return on equity of 20.53% and a net margin of 1.81%.The business's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.19 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, analysts forecast that US Foods Holding Corp. will post 4.41 earnings per share for the current fiscal year.

US Foods Profile

US Foods NYSE: USFD is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.

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