US Foods Holding Corp. (NYSE:USFD) Shares Sold by Savoir Faire Capital Management L.P.

Savoir Faire Capital Management L.P. cut its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 68.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,995 shares of the company's stock after selling 24,371 shares during the period. Savoir Faire Capital Management L.P.'s holdings in US Foods were worth $720,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in USFD. Norges Bank bought a new stake in shares of US Foods during the fourth quarter worth approximately $211,300,000. Artisan Partners Limited Partnership bought a new stake in shares of US Foods during the fourth quarter worth approximately $171,107,000. Raymond James Financial Inc. bought a new stake in shares of US Foods during the fourth quarter worth approximately $48,611,000. AQR Capital Management LLC raised its stake in shares of US Foods by 133.8% during the fourth quarter. AQR Capital Management LLC now owns 1,151,913 shares of the company's stock worth $77,708,000 after buying an additional 659,283 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of US Foods by 307.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 639,558 shares of the company's stock worth $43,145,000 after buying an additional 482,461 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Stock Down 0.8%

USFD traded down $0.64 during mid-day trading on Friday, reaching $83.13. 2,627,634 shares of the stock were exchanged, compared to its average volume of 2,066,995. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.74 and a current ratio of 1.17. The stock has a market capitalization of $19.23 billion, a PE ratio of 38.13, a price-to-earnings-growth ratio of 1.20 and a beta of 1.41. The company has a 50 day moving average price of $77.61 and a two-hundred day moving average price of $70.78. US Foods Holding Corp. has a 1 year low of $50.49 and a 1 year high of $84.44.

US Foods (NYSE:USFD - Get Free Report) last released 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). The business had revenue of $9.35 billion for the quarter, compared to analysts' expectations of $9.42 billion. US Foods had a net margin of 1.38% and a return on equity of 15.58%. US Foods's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period last year, the company earned $0.54 earnings per share. As a group, research analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently issued reports on USFD. Barclays increased their price objective on shares of US Foods from $85.00 to $95.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 4th. UBS Group increased their price objective on shares of US Foods from $83.00 to $84.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Citigroup assumed coverage on shares of US Foods in a research report on Thursday, May 22nd. They set a "buy" rating and a $95.00 price objective for the company. Guggenheim restated a "buy" rating and set a $80.00 target price on shares of US Foods in a report on Monday, May 12th. Finally, Wall Street Zen upgraded shares of US Foods from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 24th. One research 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 stock presently has an average rating of "Buy" and an average target price of $77.42.

Insider Buying and Selling at US Foods

In related news, EVP Dirk J. Locascio sold 15,000 shares of the company's stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $75.00, for a total value of $1,125,000.00. Following 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.60% of the company's stock.

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.