Mutual of America Capital Management LLC Trims Stake in US Foods Holding Corp. $USFD

Key Points

• Mutual of America Capital Management LLC reduced its stake in US Foods by 3.0%, now holding 115,051 shares valued at approximately $8.86 million.
• In recent analyst updates, US Foods received several target price increases, including from UBS Group and Piper Sandler, with a current consensus rating of "Buy" and an average price target of $81.27.
• US Foods reported earnings of $1.19 per share for the last quarter, exceeding expectations, while total revenue reached approximately $10.08 billion.

Mutual of America Capital Management LLC cut its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 3.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 115,051 shares of the company's stock after selling 3,523 shares during the quarter. Mutual of America Capital Management LLC's holdings in US Foods were worth $8,860,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of USFD. Caitong International Asset Management Co. Ltd acquired a new stake in shares of US Foods in the first quarter valued at $31,000. V Square Quantitative Management LLC grew its stake in shares of US Foods by 58.7% in the second quarter. V Square Quantitative Management LLC now owns 541 shares of the company's stock valued at $42,000 after buying an additional 200 shares in the last quarter. Blue Trust Inc. grew its stake in shares of US Foods by 487.2% in the first quarter. Blue Trust Inc. now owns 875 shares of the company's stock valued at $57,000 after buying an additional 726 shares in the last quarter. Signaturefd LLC grew its stake in shares of 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 buying an additional 214 shares in the last quarter. Finally, Rosenberg Matthew Hamilton grew its stake in shares of US Foods by 1,474.0% in the second quarter. Rosenberg Matthew Hamilton now owns 1,149 shares of the company's stock valued at $88,000 after buying an additional 1,076 shares in the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

USFD has been the subject of a number of research reports. Wall Street Zen raised US Foods from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. UBS Group boosted their target price on US Foods from $84.00 to $96.00 and gave the stock a "buy" rating in a research note on Monday, July 28th. Piper Sandler boosted their target price on US Foods from $77.00 to $85.00 and gave the stock an "overweight" rating in a research note on Tuesday, September 2nd. JPMorgan Chase & Co. boosted their target price on US Foods from $82.00 to $85.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 25th. Finally, Morgan Stanley reissued an "overweight" rating and set a $89.00 target price (up from $84.00) on shares of US Foods in a research note on Monday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, US Foods currently has a consensus rating of "Buy" and an average price target of $81.27.

US Foods Trading Up 1.6%

NYSE:USFD opened at $76.17 on Monday. The stock has a 50-day simple moving average of $77.27 and a 200-day simple moving average of $75.48. The stock has a market cap of $17.15 billion, a P/E ratio of 32.55, a P/E/G ratio of 1.06 and a beta of 1.36. US Foods Holding Corp. has a 1 year low of $57.36 and a 1 year high of $85.11. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.73 and a current ratio of 1.17.

US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 16.86% and a net margin of 1.43%.The business's quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.93 EPS. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. As a group, analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

US Foods Company 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.

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