Sequoia Financial Advisors LLC Buys Shares of 3,307 US Foods Holding Corp. $USFD

Sequoia Financial Advisors LLC bought a new stake in US Foods Holding Corp. (NYSE:USFD - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 3,307 shares of the company's stock, valued at approximately $255,000.

Several other hedge funds and other institutional investors also recently modified their holdings of USFD. Caitong International Asset Management Co. Ltd purchased a new position in shares of US Foods in the 1st quarter valued at approximately $31,000. V Square Quantitative Management LLC grew its stake in shares of US Foods by 58.7% in the 2nd quarter. V Square Quantitative Management LLC now owns 541 shares of the company's stock valued at $42,000 after purchasing an additional 200 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of US Foods by 487.2% in the first quarter. Blue Trust Inc. now owns 875 shares of the company's stock valued at $57,000 after buying an additional 726 shares in the last quarter. Signaturefd LLC boosted its stake in shares of US Foods by 19.7% in the first quarter. Signaturefd LLC now owns 1,302 shares of the company's stock valued at $85,000 after buying an additional 214 shares in the last quarter. Finally, Banque Transatlantique SA purchased a new stake in shares of US Foods in the first quarter valued at approximately $91,000. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on USFD shares. UBS Group lifted their price target on US Foods from $84.00 to $96.00 and gave the company a "buy" rating in a research note on Monday, July 28th. Weiss Ratings restated a "buy (b+)" rating on shares of US Foods in a research note on Tuesday, October 14th. Wells Fargo & Company restated an "overweight" rating and issued a $87.00 price target (up from $80.00) on shares of US Foods in a research note on Friday, August 8th. Sanford C. Bernstein started coverage on US Foods in a research note on Wednesday. They issued an "outperform" rating and a $95.00 price target on the stock. Finally, Wall Street Zen upgraded US Foods from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, US Foods currently has a consensus rating of "Buy" and a consensus target price of $82.42.

US Foods Stock Down 0.6%

USFD opened at $75.81 on Thursday. The business's fifty day moving average is $77.12 and its two-hundred day moving average is $75.59. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.73 and a current ratio of 1.17. The company has a market cap of $17.07 billion, a price-to-earnings ratio of 32.40, a PEG ratio of 1.07 and a beta of 1.36. US Foods Holding Corp. has a one year low of $57.36 and a one year high of $85.11.

US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $1.19 earnings per share for the quarter, topping analysts' consensus estimates of $1.14 by $0.05. US Foods had a return on equity of 16.86% and a net margin of 1.43%.The company had revenue of $10.08 billion during the quarter, compared to analysts' expectations of $10.17 billion. During the same period in the previous year, the firm posted $0.93 earnings per share. The business's revenue for the quarter 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. Analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

About US Foods

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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