PharVision Advisers LLC bought a new position in US Foods Holding Corp. (NYSE:USFD - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 6,875 shares of the company's stock, valued at approximately $464,000.
Other large investors have also bought and sold shares of the company. Arizona State Retirement System raised its position in shares of US Foods by 0.3% during the fourth quarter. Arizona State Retirement System now owns 67,426 shares of the company's stock worth $4,549,000 after acquiring an additional 170 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in US Foods by 59.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock worth $32,000 after purchasing an additional 178 shares during the period. GeoWealth Management LLC raised its holdings in US Foods by 94.5% during the 4th quarter. GeoWealth Management LLC now owns 389 shares of the company's stock worth $26,000 after purchasing an additional 189 shares during the last quarter. Vestcor Inc raised its holdings in US Foods by 1.0% during the 4th quarter. Vestcor Inc now owns 20,200 shares of the company's stock worth $1,363,000 after purchasing an additional 195 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in US Foods by 2.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,724 shares of the company's stock valued at $588,000 after purchasing an additional 206 shares during the period. 98.76% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
USFD has been the topic of several analyst reports. Morgan Stanley increased their price objective on shares of US Foods from $81.00 to $84.00 and gave the company an "overweight" rating in a report on Friday, May 9th. Citigroup began coverage on US Foods in a research note on Thursday. They issued a "buy" rating and a $95.00 price target on the stock. Piper Sandler lifted their price objective on US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 18th. Wall Street Zen upgraded US Foods from a "buy" rating to a "strong-buy" rating in a report on Saturday. Finally, Barclays raised their target price on US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. One investment analyst has rated the stock with a hold rating, ten have assigned a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $75.92.
Get Our Latest Report on USFD
US Foods Stock Down 0.0%
Shares of USFD stock traded down $0.01 on Monday, hitting $75.88. 1,974,022 shares of the stock were exchanged, compared to its average volume of 2,030,107. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $17.55 billion, a P/E ratio of 37.56, a price-to-earnings-growth ratio of 1.03 and a beta of 1.35. US Foods Holding Corp. has a fifty-two week low of $50.05 and a fifty-two week high of $78.18. The business has a 50-day moving average of $66.93 and a 200 day moving average of $68.12.
US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.69 by ($0.01). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The firm had revenue of $9.35 billion for the quarter, compared to analyst estimates of $9.42 billion. During the same period last year, the company earned $0.54 EPS. The company's revenue was up 4.5% compared to the same quarter last year. Equities analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current year.
Insider Activity at US Foods
In related news, EVP Dirk J. Locascio sold 15,000 shares of the stock in a transaction that occurred on Thursday, May 15th. The stock was 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 now directly owns 115,077 shares of the company's stock, valued at approximately $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 SEC, which is accessible through this hyperlink. 0.60% of the stock is owned by insiders.
US Foods Profile
(
Free Report)
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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