Focus Partners Advisor Solutions LLC Buys New Shares in US Foods Holding Corp. (NYSE:USFD)

Focus Partners Advisor Solutions LLC bought a new stake in US Foods Holding Corp. (NYSE:USFD - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,440 shares of the company's stock, valued at approximately $232,000.

A number of other institutional investors have also added to or reduced their stakes in USFD. Atomi Financial Group Inc. lifted its holdings in US Foods by 6.0% during the 4th quarter. Atomi Financial Group Inc. now owns 4,928 shares of the company's stock worth $332,000 after buying an additional 277 shares during the period. Dakota Wealth Management raised its stake in shares of US Foods by 17.0% during the 4th quarter. Dakota Wealth Management now owns 3,899 shares of the company's stock worth $263,000 after purchasing an additional 566 shares during the period. SG Americas Securities LLC grew its position in shares of US Foods by 175.5% during the 4th quarter. SG Americas Securities LLC now owns 9,242 shares of the company's stock valued at $623,000 after acquiring an additional 5,887 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of US Foods by 18.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 21,193 shares of the company's stock worth $1,430,000 after acquiring an additional 3,253 shares during the period. Finally, Fifth Third Bancorp lifted its holdings in US Foods by 11.5% during the fourth quarter. Fifth Third Bancorp now owns 2,636 shares of the company's stock valued at $178,000 after purchasing an additional 271 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

USFD has been the subject of a number of analyst reports. Piper Sandler raised their price target on US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a report on Tuesday, February 18th. Morgan Stanley upped their target price on shares of US Foods from $81.00 to $84.00 and gave the stock an "overweight" rating in a research report on Friday, May 9th. Truist Financial lifted their price target on shares of US Foods from $78.00 to $80.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. JPMorgan Chase & Co. lifted their price objective on US Foods from $70.00 to $82.00 and gave the stock a "neutral" rating in a report on Tuesday, May 20th. Finally, Wall Street Zen upgraded shares of US Foods from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 24th. One equities research analyst has rated the stock with a hold rating, ten have issued a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, US Foods has an average rating of "Buy" and a consensus price target of $75.92.

US Foods Stock Up 1.3%

USFD stock traded up $1.03 during midday trading on Thursday, hitting $78.63. The stock had a trading volume of 2,801,762 shares, compared to its average volume of 2,035,182. US Foods Holding Corp. has a 52-week low of $50.05 and a 52-week high of $78.71. The firm has a market cap of $18.19 billion, a price-to-earnings ratio of 38.93, a price-to-earnings-growth ratio of 1.03 and a beta of 1.35. The business has a 50-day moving average of $67.70 and a two-hundred day moving average of $68.31. 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 (NYSE:USFD - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.69 by ($0.01). The company had revenue of $9.35 billion for the quarter, compared to analysts' expectations of $9.42 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. The firm's quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.54 EPS. As a group, equities research analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Dirk J. Locascio sold 15,000 shares of US Foods stock in a transaction dated 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 sale, the executive vice president now directly owns 115,077 shares in the company, valued at approximately $8,630,775. This trade represents a 11.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.60% of the stock is owned by company insiders.

US Foods 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.