US Foods Holding Corp. $USFD Shares Bought by Gotham Asset Management LLC

Key Points

• Gotham Asset Management LLC increased its stake in US Foods Holding Corp. by 60%, acquiring an additional 72,084 shares during the 1st quarter, bringing its total ownership to 192,159 shares valued at approximately $12.58 million.
• US Foods reported $1.19 earnings per share for the last quarter, beating analysts' expectations, and its revenue amounted to $10.08 billion despite slightly missing estimates.
• Analysts have recently upgraded US Foods' stock, with ratings ranging from "buy" to "strong-buy" and the company receiving target price increases from firms such as UBS and Barclays.

Gotham Asset Management LLC raised its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 60.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 192,159 shares of the company's stock after acquiring an additional 72,084 shares during the quarter. Gotham Asset Management LLC owned 0.08% of US Foods worth $12,579,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Kesler Norman & Wride LLC grew its position in US Foods by 1.3% in the first quarter. Kesler Norman & Wride LLC now owns 12,555 shares of the company's stock valued at $822,000 after acquiring an additional 160 shares in the last quarter. Signaturefd LLC grew its position in US Foods by 19.7% in the first quarter. Signaturefd LLC now owns 1,302 shares of the company's stock valued at $85,000 after acquiring an additional 214 shares in the last quarter. Kovitz Investment Group Partners LLC grew its position in US Foods by 7.2% in the first quarter. Kovitz Investment Group Partners LLC now owns 3,373 shares of the company's stock valued at $221,000 after acquiring an additional 226 shares in the last quarter. ProShare Advisors LLC grew its position in US Foods by 2.2% in the fourth quarter. ProShare Advisors LLC now owns 10,898 shares of the company's stock valued at $735,000 after acquiring an additional 238 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its position in US Foods by 16.8% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,724 shares of the company's stock valued at $113,000 after acquiring an additional 248 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company's stock.

Insider Buying and Selling

In other US Foods news, EVP Dirk J. Locascio sold 7,500 shares of US Foods stock in a transaction on Thursday, July 10th. The shares were sold at an average price of $80.00, for a total value of $600,000.00. Following the completion of the transaction, the executive vice president owned 115,077 shares of the company's stock, valued at $9,206,160. The trade was a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.60% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on USFD shares. Wall Street Zen raised shares of US Foods from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 5th. UBS Group raised their price target 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. Citigroup started coverage on shares of US Foods in a research report on Thursday, May 22nd. They set a "buy" rating and a $95.00 price target for the company. Wells Fargo & Company reissued an "overweight" rating and set a $87.00 price target (up previously from $80.00) on shares of US Foods in a research report on Friday, August 8th. Finally, JPMorgan Chase & Co. raised their price target on shares of US Foods from $82.00 to $85.00 and gave the stock a "neutral" rating in a research report on Wednesday, June 25th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $81.27.

US Foods Stock Performance

US Foods stock traded down $0.34 during mid-day trading on Wednesday, reaching $77.72. The company's stock had a trading volume of 1,847,012 shares, compared to its average volume of 2,212,740. The firm has a market cap of $17.50 billion, a price-to-earnings ratio of 33.22, a PEG ratio of 1.10 and a beta of 1.39. The business has a 50 day moving average price of $79.96 and a 200-day moving average price of $73.40. The company has a current ratio of 1.17, a quick ratio of 0.73 and a debt-to-equity ratio of 1.02. US Foods Holding Corp. has a twelve month low of $56.65 and a twelve month high of $85.11.

US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $1.19 EPS for the quarter, topping analysts' consensus estimates of $1.14 by $0.05. The firm had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $10.17 billion. US Foods had a net margin of 1.43% and a return on equity of 16.86%. The firm's revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.93 earnings per share. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. Sell-side analysts predict that US Foods Holding Corp. will post 3.59 EPS 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.