Great Lakes Advisors LLC Purchases Shares of 65,820 US Foods Holding Corp. $USFD

Key Points

• Great Lakes Advisors acquired 65,820 shares of US Foods worth approximately $6.73 million, while institutional investors collectively own 98.76% of the company.
• Analysts remain broadly positive: 11 rate US Foods a Buy and four rate it Hold, producing a “Moderate Buy” consensus and an average price target of $113.92.
• US Foods exceeded quarterly expectations with $1.44 in EPS and $10.53 billion in revenue, up 4.5% year over year; however, two insiders recently sold shares worth a combined roughly $3.64 million.

Great Lakes Advisors LLC acquired a new stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 65,820 shares of the company's stock, valued at approximately $6,730,000.

Several other large investors have also made changes to their positions in USFD. BlackRock Inc. bought a new position in US Foods during the 2nd quarter valued at about $2,131,439,000. Boston Partners grew its stake in US Foods by 0.5% during the fourth quarter. Boston Partners now owns 16,203,880 shares of the company's stock worth $1,222,537,000 after buying an additional 73,656 shares during the last quarter. Wellington Management Group LLP grew its stake in US Foods by 7.0% during the fourth quarter. Wellington Management Group LLP now owns 13,780,526 shares of the company's stock worth $1,037,949,000 after buying an additional 904,556 shares during the last quarter. Capital World Investors grew its stake in US Foods by 10.3% during the fourth quarter. Capital World Investors now owns 12,862,100 shares of the company's stock worth $968,773,000 after buying an additional 1,197,360 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in shares of US Foods by 8.6% during the third quarter. Invesco Ltd. now owns 8,164,062 shares of the company's stock worth $625,530,000 after buying an additional 649,950 shares in the last quarter. Institutional investors own 98.76% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently commented on USFD shares. Wells Fargo & Company boosted their target price on US Foods from $110.00 to $125.00 and gave the stock an "overweight" rating in a report on Friday, August 7th. UBS Group raised their price target on US Foods from $117.00 to $127.00 and gave the company a "buy" rating in a report on Friday, August 7th. TD Cowen lifted their price objective on US Foods from $116.00 to $119.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Citigroup boosted their price objective on US Foods from $110.00 to $124.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. Finally, Zacks Research upgraded US Foods from a "strong sell" rating to a "hold" rating in a report on Tuesday, July 28th. Eleven equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $113.92.

US Foods Stock Performance

Shares of US Foods stock opened at $107.66 on Thursday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.14 and a quick ratio of 0.70. The firm has a market cap of $23.29 billion, a P/E ratio of 33.13, a P/E/G ratio of 1.38 and a beta of 0.81. The firm has a 50 day simple moving average of $100.30 and a 200 day simple moving average of $93.46. US Foods Holding Corp. has a fifty-two week low of $69.88 and a fifty-two week high of $111.42.

US Foods (NYSE:USFD - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.08. The firm had revenue of $10.53 billion for the quarter, compared to the consensus estimate of $10.46 billion. US Foods had a return on equity of 20.53% and a net margin of 1.81%.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. Sell-side analysts predict that US Foods Holding Corp. will post 4.35 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Randy J. Taylor sold 11,630 shares of the company's stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $110.37, for a total transaction of $1,283,603.10. Following the transaction, the insider owned 73,618 shares of the company's stock, valued at $8,125,218.66. This represents a 13.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider William Spencer Hancock sold 21,754 shares of the company's stock in a transaction on Friday, August 7th. The shares were sold at an average price of $108.29, for a total value of $2,355,740.66. Following the transaction, the insider directly owned 101,144 shares in the company, valued at $10,952,883.76. This trade represents a 17.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.74% of the company's stock.

US Foods Company Profile

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.

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