Nordea Investment Management AB Acquires Shares of 64,031 US Foods Holding Corp. $USFD

Key Points

• Nordea Investment Management AB opened a new position in US Foods (NYSE:USFD) in Q4, acquiring 64,031 shares valued at about $4.83 million per its latest 13F filing.
• Institutional ownership is very high (98.76%), with major managers—Wellington, Capital World, Boston Partners—boosting stakes and Norges Bank and Holocene Advisors making sizable new purchases.
• Insider James David Works Jr. sold 65,737 shares (~$6.34M), while analysts remain largely positive—average rating "Moderate Buy" with an average target of about $107.33; the stock trades near $92.15 and has a market cap of $20.32B.

Nordea Investment Management AB acquired a new position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 64,031 shares of the company's stock, valued at approximately $4,834,000.

Other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of US Foods in the second quarter worth $184,413,000. Wellington Management Group LLP boosted its stake in US Foods by 14.2% during the 3rd quarter. Wellington Management Group LLP now owns 12,875,970 shares of the company's stock valued at $986,557,000 after acquiring an additional 1,599,033 shares during the last quarter. Capital World Investors boosted its stake in US Foods by 11.0% during the 3rd quarter. Capital World Investors now owns 11,664,740 shares of the company's stock valued at $893,752,000 after acquiring an additional 1,155,254 shares during the last quarter. Boston Partners grew its holdings in US Foods by 6.0% during the 3rd quarter. Boston Partners now owns 16,130,224 shares of the company's stock worth $1,235,585,000 after acquiring an additional 908,993 shares in the last quarter. Finally, Holocene Advisors LP bought a new stake in shares of US Foods in the 2nd quarter worth about $64,220,000. 98.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other US Foods news, insider James David Works, Jr. sold 65,737 shares of US Foods stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $96.52, for a total value of $6,344,935.24. Following the completion of the transaction, the insider directly owned 88,176 shares in the company, valued at $8,510,747.52. The trade was a 42.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.60% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on USFD shares. UBS Group restated a "buy" rating and issued a $117.00 target price on shares of US Foods in a research note on Friday, February 13th. Citigroup lifted their price target on US Foods from $95.00 to $118.00 and gave the stock a "buy" rating in a research note on Friday, February 13th. Zacks Research raised US Foods from a "hold" rating to a "strong-buy" rating in a report on Thursday, February 26th. Wells Fargo & Company upped their price objective on US Foods from $87.00 to $110.00 and gave the company an "overweight" rating in a research note on Friday, February 13th. Finally, BTIG Research increased their target price on US Foods from $82.00 to $110.00 and gave the stock a "buy" rating in a report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $107.33.

US Foods Stock Down 0.4%

Shares of NYSE:USFD opened at $92.15 on Friday. The company's fifty day moving average is $90.71 and its two-hundred day moving average is $81.07. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.68 and a current ratio of 1.16. US Foods Holding Corp. has a 1-year low of $57.36 and a 1-year high of $102.13. The stock has a market capitalization of $20.32 billion, a price-to-earnings ratio of 31.34, a price-to-earnings-growth ratio of 1.13 and a beta of 0.98.

US Foods (NYSE:USFD - Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $1.01 by $0.03. The business had revenue of $9.80 billion during the quarter, compared to analyst estimates of $9.90 billion. US Foods had a net margin of 1.71% and a return on equity of 18.74%. The company's quarterly revenue was up 3.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.84 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Equities analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current year.

US Foods 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.

Want to see what other hedge funds are holding USFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for US Foods Holding Corp. (NYSE:USFD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.