Montanova Capital LLC decreased its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 98.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,920 shares of the company's stock after selling 389,050 shares during the quarter. Montanova Capital LLC's holdings in US Foods were worth $708,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in USFD. Quantitative Investment Management LLC lifted its stake in shares of US Foods by 65.0% during the second quarter. Quantitative Investment Management LLC now owns 7,437 shares of the company's stock worth $760,000 after purchasing an additional 2,931 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in US Foods by 7.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,910 shares of the company's stock worth $195,000 after acquiring an additional 134 shares in the last quarter. Greenleaf Trust lifted its position in US Foods by 33.7% during the 2nd quarter. Greenleaf Trust now owns 4,198 shares of the company's stock worth $429,000 after acquiring an additional 1,058 shares in the last quarter. Hsbc Holdings PLC lifted its position in US Foods by 2.1% during the 2nd quarter. Hsbc Holdings PLC now owns 8,831 shares of the company's stock worth $903,000 after acquiring an additional 185 shares in the last quarter. Finally, Wellington Management Group LLP boosted its holdings in US Foods by 46.1% in the 2nd quarter. Wellington Management Group LLP now owns 23,009,877 shares of the company's stock worth $2,352,760,000 after acquiring an additional 7,259,357 shares during the period. 98.76% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at US Foods
In related news, insider William Spencer Hancock sold 21,754 shares of the business's stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $108.29, for a total value of $2,355,740.66. Following the completion of the sale, the insider directly owned 101,144 shares of the company's stock, valued at $10,952,883.76. The trade was a 17.70% decrease in their ownership of the stock. The sale 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 company's stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $110.37, for a total value of $1,283,603.10. Following the sale, the insider owned 73,618 shares in the company, valued at $8,125,218.66. The trade was a 13.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.74% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on USFD shares. BMO Capital Markets reiterated an "outperform" rating and set a $120.00 price objective on shares of US Foods in a research note on Friday, August 7th. BTIG Research upped their target price on shares of US Foods from $105.00 to $120.00 and gave the company a "buy" rating in a research note on Friday, August 7th. Citigroup raised their price target on shares of US Foods from $110.00 to $124.00 and gave the company a "buy" rating in a report on Friday, August 7th. UBS Group boosted their price objective on shares of US Foods from $117.00 to $127.00 and gave the stock a "buy" rating in a report on Friday, August 7th. Finally, Wells Fargo & Company upped their price objective on shares of US Foods from $110.00 to $125.00 and gave the company an "overweight" rating in a research report on Friday, August 7th. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, US Foods presently has an average rating of "Moderate Buy" and an average price target of $113.92.
Read Our Latest Stock Report on US Foods
US Foods Trading Down 2.1%
USFD opened at $105.00 on Tuesday. US Foods Holding Corp. has a 12-month low of $69.88 and a 12-month high of $111.42. 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 stock has a market capitalization of $22.71 billion, a PE ratio of 32.31, a P/E/G ratio of 1.36 and a beta of 0.81. The firm's fifty day moving average price is $102.74 and its 200 day moving average price is $94.60.
US Foods (NYSE:USFD - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.08. The company had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.46 billion. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The firm's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period last year, the business earned $1.19 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, research analysts expect that US Foods Holding Corp. will post 4.41 EPS for the current fiscal year.
US Foods Company Profile
(
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.
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