Freestone Grove Partners LP purchased a new stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 295,214 shares of the company's stock, valued at approximately $30,186,000. Freestone Grove Partners LP owned approximately 0.14% of US Foods as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in USFD. BlackRock Inc. bought a new position in shares of US Foods in the 2nd quarter worth about $2,131,439,000. Primecap Management Co. CA bought a new stake in shares of US Foods in the 2nd quarter worth approximately $406,997,000. Price T Rowe Associates Inc. MD grew its stake in shares of US Foods by 412.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,165,611 shares of the company's stock worth $313,755,000 after buying an additional 3,353,396 shares during the last quarter. Bank of Montreal Can increased its position in US Foods by 8,056.1% during the 4th quarter. Bank of Montreal Can now owns 2,866,721 shares of the company's stock valued at $215,921,000 after buying an additional 2,831,573 shares in the last quarter. Finally, Norges Bank bought a new position in US Foods during the 4th quarter valued at approximately $192,849,000. 98.76% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at US Foods
In other news, insider William Spencer Hancock sold 21,754 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the transaction, the insider directly owned 101,144 shares of the company's stock, valued at $10,952,883.76. This represents a 17.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, 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 transaction, the insider owned 73,618 shares in the company, valued at approximately $8,125,218.66. This trade represents a 13.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.74% of the company's stock.
US Foods Price Performance
NYSE USFD opened at $107.83 on Friday. US Foods Holding Corp. has a one year low of $69.88 and a one year high of $111.42. The stock has a 50-day moving average of $102.20 and a 200 day moving average of $94.37. The company has a market capitalization of $23.33 billion, a price-to-earnings ratio of 33.18, a PEG ratio of 1.38 and a beta of 0.81. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.70 and a current ratio of 1.14.
US Foods (NYSE:USFD - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $1.44 earnings per share (EPS) for the quarter, beating 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 net margin of 1.81% and a return on equity of 20.53%. The business's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.19 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, sell-side analysts forecast that US Foods Holding Corp. will post 4.41 EPS for the current year.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on the company. BMO Capital Markets reissued an "outperform" rating and issued a $120.00 target price on shares of US Foods in a research note on Friday, August 7th. Piper Sandler upped their price target on shares of US Foods from $88.00 to $108.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 12th. Guggenheim raised their price objective on shares of US Foods from $115.00 to $120.00 and gave the company a "buy" rating in a research note on Friday, August 7th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of US Foods in a report on Wednesday, July 29th. Finally, Wall Street Zen raised shares of US Foods from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. Eleven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $113.92.
View Our Latest Stock Report on USFD
About US Foods
(
Free Report)
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.
Featured Stories
Want to see what other hedge funds are holding USFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for US Foods Holding Corp. (NYSE:USFD - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider US Foods, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and US Foods wasn't on the list.
While US Foods currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge—and the key risks investors should watch as the global AI buildout accelerates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
