Parcion Private Wealth LLC Buys Shares of 3,512 US Foods Holding Corp. (NYSE:USFD)

Parcion Private Wealth LLC bought a new position in US Foods Holding Corp. (NYSE:USFD - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm bought 3,512 shares of the company's stock, valued at approximately $230,000.

A number of other large investors also recently modified their holdings of USFD. Segall Bryant & Hamill LLC lifted its stake in US Foods by 7.9% during the 1st quarter. Segall Bryant & Hamill LLC now owns 120,870 shares of the company's stock valued at $7,912,000 after acquiring an additional 8,828 shares in the last quarter. Tectonic Advisors LLC raised its stake in shares of US Foods by 8.3% during the 1st quarter. Tectonic Advisors LLC now owns 7,026 shares of the company's stock worth $460,000 after purchasing an additional 536 shares during the period. Dakota Wealth Management raised its stake in shares of US Foods by 12.6% during the 1st quarter. Dakota Wealth Management now owns 4,390 shares of the company's stock worth $287,000 after purchasing an additional 491 shares during the period. Sigma Planning Corp bought a new stake in shares of US Foods during the 1st quarter worth $525,000. Finally, Signaturefd LLC raised its stake in shares of US Foods by 19.7% during the 1st quarter. Signaturefd LLC now owns 1,302 shares of the company's stock worth $85,000 after purchasing an additional 214 shares during the period. 98.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on USFD shares. Barclays lifted their price objective on US Foods from $85.00 to $95.00 and gave the stock an "overweight" rating in a report on Wednesday, June 4th. UBS Group lifted their price objective on US Foods from $83.00 to $84.00 and gave the stock a "buy" rating in a report on Friday, May 9th. Wells Fargo & Company reissued an "overweight" rating on shares of US Foods in a report on Sunday. Wall Street Zen raised US Foods from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 24th. Finally, JPMorgan Chase & Co. lifted their target price on US Foods from $82.00 to $85.00 and gave the company a "neutral" rating in a report on Wednesday, June 25th. One analyst has rated the stock with a hold rating, ten have given a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $77.42.

US Foods Trading Up 1.1%

USFD stock traded up $0.91 during midday trading on Thursday, hitting $83.86. The company had a trading volume of 2,353,963 shares, compared to its average volume of 2,057,168. The company has a current ratio of 1.17, a quick ratio of 0.74 and a debt-to-equity ratio of 1.02. US Foods Holding Corp. has a 52 week low of $50.49 and a 52 week high of $84.71. The stock's 50 day moving average price is $77.38 and its 200 day moving average price is $70.65. The stock has a market cap of $19.40 billion, a price-to-earnings ratio of 38.47, a PEG ratio of 1.20 and a beta of 1.41.

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

Insider Activity at US Foods

In related news, EVP Dirk J. Locascio sold 15,000 shares of the company's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $75.00, for a total value of $1,125,000.00. Following the sale, the executive vice president directly owned 115,077 shares of the company's stock, valued at $8,630,775. This represents a 11.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.60% of the stock is currently owned by corporate insiders.

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.