Sagespring Wealth Partners LLC acquired a new stake in US Foods Holding Corp. (NYSE:USFD - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,385 shares of the company's stock, valued at approximately $261,000.
Several other large investors also recently bought and sold shares of USFD. Caitong International Asset Management Co. Ltd acquired a new position in US Foods in the first quarter valued at $31,000. V Square Quantitative Management LLC boosted its stake in shares of US Foods by 58.7% during the second quarter. V Square Quantitative Management LLC now owns 541 shares of the company's stock worth $42,000 after buying an additional 200 shares during the period. Blue Trust Inc. boosted its stake in shares of US Foods by 487.2% during the first 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. Signaturefd LLC boosted its stake in shares of US Foods by 19.7% during the first quarter. Signaturefd LLC now owns 1,302 shares of the company's stock worth $85,000 after buying an additional 214 shares during the period. Finally, Banque Transatlantique SA acquired a new stake in shares of US Foods during the first quarter worth about $91,000. Institutional investors and hedge funds own 98.76% of the company's stock.
US Foods Price Performance
Shares of NYSE:USFD opened at $76.17 on Friday. The company has a quick ratio of 0.73, a current ratio of 1.17 and a debt-to-equity ratio of 1.02. The company has a market cap of $17.15 billion, a P/E ratio of 32.55, a PEG ratio of 1.06 and a beta of 1.36. US Foods Holding Corp. has a 52 week low of $57.36 and a 52 week high of $85.11. The company has a 50-day moving average price of $77.27 and a 200 day moving average price of $75.41.
US Foods (NYSE:USFD - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $1.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.14 by $0.05. US Foods had a net margin of 1.43% and a return on equity of 16.86%. The company had revenue of $10.08 billion during the quarter, compared to analysts' expectations of $10.17 billion. During the same period last year, the company posted $0.93 earnings per share. The firm's quarterly revenue was up 3.8% compared to the same quarter last year. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. Research analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current year.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the stock. Piper Sandler increased their target price on shares of US Foods from $77.00 to $85.00 and gave the stock an "overweight" rating in a research note on Tuesday, September 2nd. Wells Fargo & Company reiterated an "overweight" rating and set a $87.00 target price (up previously from $80.00) on shares of US Foods in a research note on Friday, August 8th. Morgan Stanley reiterated an "overweight" rating and set a $89.00 target price (up previously from $84.00) on shares of US Foods in a research note on Monday, July 14th. Wall Street Zen upgraded shares of US Foods from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. Finally, JPMorgan Chase & Co. raised their price objective on shares of US Foods from $82.00 to $85.00 and gave the company a "neutral" rating in a research report on Wednesday, June 25th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, US Foods currently has an average rating of "Buy" and a consensus target price of $81.27.
View Our Latest Stock Analysis on US Foods
US Foods Profile
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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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