Envestnet Portfolio Solutions Inc. Has $678,000 Stake in US Foods Holding Corp. (NYSE:USFD)

Envestnet Portfolio Solutions Inc. decreased its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 36.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,360 shares of the company's stock after selling 5,844 shares during the quarter. Envestnet Portfolio Solutions Inc.'s holdings in US Foods were worth $678,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of USFD. Colonial Trust Co SC purchased a new stake in US Foods in the 4th quarter worth approximately $25,000. GeoWealth Management LLC raised its stake in shares of US Foods by 94.5% during the 4th quarter. GeoWealth Management LLC now owns 389 shares of the company's stock worth $26,000 after purchasing an additional 189 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of US Foods by 59.5% in the 4th 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 acquired a new position in US Foods in the fourth quarter worth approximately $32,000. Finally, True Wealth Design LLC lifted its stake in US Foods by 153.6% in the fourth quarter. True Wealth Design LLC now owns 492 shares of the company's stock valued at $33,000 after acquiring an additional 298 shares during the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

USFD has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their price target on shares of US Foods from $82.00 to $85.00 and gave the company a "neutral" rating in a report on Wednesday. Barclays upped their price target on US Foods from $85.00 to $95.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 4th. UBS Group raised their price objective on US Foods from $83.00 to $84.00 and gave the company a "buy" rating in a research note on Friday, May 9th. Morgan Stanley increased their price target on US Foods from $81.00 to $84.00 and gave the company an "overweight" rating in a report on Friday, May 9th. Finally, Citigroup began coverage on shares of US Foods in a research note on Thursday, May 22nd. They issued a "buy" rating and a $95.00 price objective for the company. One equities research analyst has rated the stock with a hold rating, ten have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $77.00.

US Foods Price Performance

Shares of US Foods stock traded up $0.59 during trading on Friday, hitting $77.30. 2,603,013 shares of the company's stock traded hands, compared to its average volume of 2,014,663. The company has a market cap of $17.88 billion, a PE ratio of 35.46, a PEG ratio of 1.10 and a beta of 1.44. The firm's fifty day moving average price is $73.22 and its 200 day moving average price is $69.49. US Foods Holding Corp. has a twelve month low of $50.05 and a twelve month high of $79.64. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.17 and a quick ratio of 0.74.

US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.69 by ($0.01). US Foods had a net margin of 1.38% and a return on equity of 15.58%. The company had revenue of $9.35 billion for the quarter, compared to analyst estimates of $9.42 billion. During the same period in the previous year, the firm posted $0.54 earnings per share. The firm's revenue for the quarter was up 4.5% compared to the same quarter last year. Analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insider Buying and Selling at US Foods

In related news, EVP Dirk J. Locascio sold 15,000 shares of US Foods stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $75.00, for a total transaction of $1,125,000.00. Following the completion of the transaction, the executive vice president now directly owns 115,077 shares of the company's stock, valued at $8,630,775. This trade represents a 11.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.60% of the company's stock.

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.