Oak Thistle LLC Purchases Shares of 34,781 US Foods Holding Corp. (NYSE:USFD)

Oak Thistle LLC purchased a new stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 34,781 shares of the company's stock, valued at approximately $2,277,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of USFD. EntryPoint Capital LLC bought a new position in shares of US Foods in the 4th quarter worth $357,000. Sumitomo Mitsui Trust Group Inc. raised its stake in US Foods by 14.5% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,500 shares of the company's stock worth $622,000 after buying an additional 1,200 shares during the period. GAMMA Investing LLC raised its stake in US Foods by 16.0% during the 1st quarter. GAMMA Investing LLC now owns 3,458 shares of the company's stock worth $226,000 after buying an additional 478 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in US Foods by 49.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 41,715 shares of the company's stock worth $2,731,000 after buying an additional 13,821 shares during the period. Finally, Blue Trust Inc. raised its stake in US Foods by 487.2% during the 1st quarter. Blue Trust Inc. now owns 875 shares of the company's stock worth $57,000 after buying an additional 726 shares during the period. 98.76% of the stock is owned by institutional investors and hedge funds.

US Foods Stock Performance

Shares of NYSE:USFD traded up $0.42 during trading on Friday, reaching $82.24. 3,226,439 shares of the stock were exchanged, compared to its average volume of 2,214,152. The company has a current ratio of 1.17, a quick ratio of 0.74 and a debt-to-equity ratio of 1.02. The firm has a market cap of $19.03 billion, a PE ratio of 37.72, a PEG ratio of 1.21 and a beta of 1.41. The stock has a 50-day moving average price of $78.31 and a 200-day moving average price of $71.20. US Foods Holding Corp. has a 12 month low of $50.49 and a 12 month high of $85.11.

US Foods (NYSE:USFD - Get Free Report) last announced its quarterly earnings data 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 for the quarter, compared to analyst estimates of $9.42 billion. During the same quarter in the prior year, the firm earned $0.54 earnings per share. The firm's revenue for the quarter was up 4.5% on a year-over-year basis. Research analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Insider Activity

In other news, EVP Dirk J. Locascio sold 15,000 shares of the company's stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $75.00, for a total transaction of $1,125,000.00. Following the completion of the transaction, the executive vice president directly owned 115,077 shares in the company, valued at approximately $8,630,775. This represents a 11.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.60% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently commented on USFD. UBS Group raised their price objective on US Foods from $83.00 to $84.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. Barclays lifted their price target on US Foods from $85.00 to $95.00 and gave the company an "overweight" rating in a research note on Wednesday, June 4th. Guggenheim reissued a "buy" rating and issued a $80.00 price target on shares of US Foods in a research note on Monday, May 12th. JPMorgan Chase & Co. lifted their price target on US Foods from $82.00 to $85.00 and gave the company a "neutral" rating in a research note on Wednesday, June 25th. Finally, Wells Fargo & Company reissued an "overweight" rating on shares of US Foods in a research note on Sunday, July 13th. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat, US Foods presently has an average rating of "Buy" and a consensus price target of $77.42.

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.