Natixis Advisors LLC Purchases 8,248 Shares of US Foods Holding Corp. (NYSE:USFD)

Key Points

• Natixis Advisors LLC increased its holdings in US Foods Holding Corp. by 5.6% in the first quarter, owning 155,781 shares worth approximately $10.2 million.
• Insiders own 0.60% of US Foods' stock, with executive Dirk J. Locascio selling 7,500 shares for $600,000, representing a 6.12% decrease in his position.
• US Foods reported a net margin of 1.38% and a 4.5% revenue increase year-over-year, despite missing earnings estimates.

Natixis Advisors LLC increased its position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 5.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 155,781 shares of the company's stock after buying an additional 8,248 shares during the period. Natixis Advisors LLC owned 0.07% of US Foods worth $10,197,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of USFD. Ameriprise Financial Inc. increased its stake in US Foods by 1.7% in the fourth quarter. Ameriprise Financial Inc. now owns 2,136,356 shares of the company's stock valued at $144,119,000 after purchasing an additional 36,307 shares in the last quarter. Northern Trust Corp increased its position in US Foods by 25.0% in the 4th quarter. Northern Trust Corp now owns 2,029,419 shares of the company's stock valued at $136,905,000 after buying an additional 405,871 shares in the last quarter. Silvercrest Asset Management Group LLC raised its stake in US Foods by 3.4% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 1,636,092 shares of the company's stock worth $110,371,000 after buying an additional 53,460 shares during the period. Interval Partners LP boosted its holdings in US Foods by 2.4% in the fourth quarter. Interval Partners LP now owns 1,306,198 shares of the company's stock worth $88,116,000 after acquiring an additional 31,228 shares in the last quarter. Finally, Balyasny Asset Management L.P. grew its stake in US Foods by 40.7% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,190,064 shares of the company's stock valued at $80,282,000 after acquiring an additional 344,542 shares during the period. Institutional investors own 98.76% of the company's stock.

US Foods Stock Performance

NYSE USFD traded down $1.02 during trading on Tuesday, hitting $82.34. 2,357,417 shares of the company's stock traded hands, compared to its average volume of 2,432,833. US Foods Holding Corp. has a 12-month low of $50.49 and a 12-month high of $85.11. The stock has a market capitalization of $19.05 billion, a price-to-earnings ratio of 37.77, a PEG ratio of 1.21 and a beta of 1.44. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.74 and a current ratio of 1.17. The business has a 50 day moving average of $79.35 and a 200-day moving average of $72.08.

US Foods (NYSE:USFD - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.68 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.01). US Foods had a net margin of 1.38% and a return on equity of 15.58%. The firm had revenue of $9.35 billion during the quarter, compared to the consensus estimate of $9.42 billion. During the same period in the previous year, the business earned $0.54 earnings per share. The firm's revenue for the quarter was up 4.5% on a year-over-year basis. As a group, equities research analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Analysts Set New Price Targets

USFD has been the topic of a number of recent research reports. Barclays increased their target price on US Foods from $85.00 to $95.00 and gave the stock an "overweight" rating in a report on Wednesday, June 4th. JPMorgan Chase & Co. boosted their target price 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. Guggenheim reiterated a "buy" rating and set a $80.00 price target on shares of US Foods in a research note on Monday, May 12th. UBS Group increased their price objective on US Foods from $84.00 to $96.00 and gave the stock a "buy" rating in a research note on Monday, July 28th. Finally, Wall Street Zen upgraded US Foods from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 24th. One investment analyst has rated the stock with a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Buy" and a consensus target price of $78.42.

Insider Buying and Selling at US Foods

In other US Foods news, EVP Dirk J. Locascio sold 7,500 shares of the company's stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of $80.00, for a total transaction of $600,000.00. Following the completion of the sale, the executive vice president directly owned 115,077 shares in the company, valued at $9,206,160. This represents a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.60% of the company's stock.

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.