Focus Partners Advisor Solutions LLC Increases Stock Position in US Foods Holding Corp. $USFD

Key Points

• Focus Partners Advisor Solutions LLC increased its position in US Foods Holding Corp. by 216.4%, owning 10,884 shares worth approximately $712,000 after acquiring 7,444 additional shares.
• Insider activity includes Dirk J. Locascio, EVP, selling 7,500 shares for $600,000, reducing his ownership by 6.12% to approximately $9.2 million.
• Recent analyst ratings show a consensus of Buy for US Foods, with price targets increasing from $84 to between $89 and $96 by major firms like Morgan Stanley and UBS Group.

Focus Partners Advisor Solutions LLC increased its position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 216.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,884 shares of the company's stock after buying an additional 7,444 shares during the period. Focus Partners Advisor Solutions LLC's holdings in US Foods were worth $712,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Colonial Trust Co SC purchased a new stake in US Foods during the fourth quarter worth $25,000. Caitong International Asset Management Co. Ltd purchased a new stake in US Foods during the first quarter worth $31,000. True Wealth Design LLC boosted its holdings in US Foods by 153.6% during the fourth quarter. True Wealth Design LLC now owns 492 shares of the company's stock worth $33,000 after buying an additional 298 shares in the last quarter. Blue Trust Inc. boosted its holdings in US Foods by 487.2% during the first quarter. Blue Trust Inc. now owns 875 shares of the company's stock worth $57,000 after buying an additional 726 shares in the last quarter. Finally, Signaturefd LLC raised its position in US Foods by 19.7% during the first quarter. Signaturefd LLC now owns 1,302 shares of the company's stock worth $85,000 after acquiring an additional 214 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at US Foods

In related news, EVP Dirk J. Locascio sold 7,500 shares of the firm's stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of $80.00, for a total transaction of $600,000.00. Following the completion of the sale, the executive vice president directly owned 115,077 shares in the company, valued at approximately $9,206,160. This trade represents a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.60% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Morgan Stanley restated an "overweight" rating and set a $89.00 price objective (up from $84.00) on shares of US Foods in a research report on Monday, July 14th. Wall Street Zen cut shares of US Foods from a "strong-buy" rating to a "buy" rating in a research report on Friday, August 22nd. UBS Group upped their price objective on shares of US Foods from $84.00 to $96.00 and gave the stock a "buy" rating in a research report on Monday, July 28th. Piper Sandler upped their price objective on shares of US Foods from $77.00 to $85.00 and gave the stock an "overweight" rating in a research report on Tuesday. Finally, Citigroup assumed coverage on shares of US Foods in a research report on Thursday, May 22nd. They set a "buy" rating and a $95.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $81.27.

US Foods Price Performance

Shares of NYSE USFD opened at $77.99 on Friday. The firm has a 50-day simple moving average of $79.91 and a 200-day simple moving average of $73.24. The stock has a market capitalization of $17.56 billion, a price-to-earnings ratio of 33.33, a price-to-earnings-growth ratio of 1.08 and a beta of 1.39. The company has a quick ratio of 0.73, a current ratio of 1.17 and a debt-to-equity ratio of 1.02. US Foods Holding Corp. has a 52 week low of $56.47 and a 52 week high of $85.11.

US Foods (NYSE:USFD - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $1.19 EPS for the quarter, beating analysts' consensus estimates of $1.14 by $0.05. The business had revenue of $10.08 billion during 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%. The company's quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.93 earnings per share. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. On average, equities analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.