SG Americas Securities LLC Has $311,000 Stake in US Foods Holding Corp. (NYSE:USFD)

SG Americas Securities LLC lowered its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 48.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,751 shares of the company's stock after selling 4,491 shares during the quarter. SG Americas Securities LLC's holdings in US Foods were worth $311,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in USFD. Boston Partners lifted its position in US Foods by 0.6% in the fourth quarter. Boston Partners now owns 12,744,006 shares of the company's stock worth $860,460,000 after purchasing an additional 77,012 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of US Foods by 7.3% in the 4th quarter. JPMorgan Chase & Co. now owns 4,304,310 shares of the company's stock worth $290,369,000 after purchasing an additional 292,404 shares in the last quarter. Norges Bank acquired a new stake in shares of US Foods during the 4th quarter valued at $211,300,000. Artisan Partners Limited Partnership acquired a new position in shares of US Foods in the 4th quarter worth $171,107,000. Finally, Ameriprise Financial Inc. raised its position in shares of US Foods by 1.7% during the fourth quarter. Ameriprise Financial Inc. now owns 2,136,356 shares of the company's stock worth $144,119,000 after purchasing an additional 36,307 shares during the period. Institutional investors own 98.76% of the company's stock.

Insider Buying and Selling

In other US Foods news, EVP Dirk J. Locascio sold 15,000 shares of US Foods 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 completion of the sale, the executive vice president directly owned 115,077 shares in the company, valued at $8,630,775. The trade was a 11.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.60% of the company's stock.

Analyst Upgrades and Downgrades

USFD has been the subject of a number of recent analyst reports. Citigroup began coverage on US Foods in a research report on Thursday, May 22nd. They issued a "buy" rating and a $95.00 price target for the company. UBS Group raised their target price on shares of US Foods from $83.00 to $84.00 and gave the stock a "buy" rating in a report on Friday, May 9th. JPMorgan Chase & Co. boosted their price target on shares of US Foods from $82.00 to $85.00 and gave the company a "neutral" rating in a report on Wednesday, June 25th. Barclays raised their price objective on shares of US Foods from $85.00 to $95.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 4th. Finally, Guggenheim reissued a "buy" rating and set a $80.00 target price on shares of US Foods in a research note on Monday, May 12th. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $77.00.

US Foods Stock Down 0.4%

Shares of US Foods stock traded down $0.29 on Monday, hitting $76.98. 1,626,237 shares of the company traded hands, compared to its average volume of 2,014,277. The company has a quick ratio of 0.74, a current ratio of 1.17 and a debt-to-equity ratio of 1.02. US Foods Holding Corp. has a 12-month low of $50.05 and a 12-month high of $79.64. The company has a 50-day moving average price of $73.84 and a 200 day moving average price of $69.60. The company has a market cap of $17.81 billion, a PE ratio of 35.31, a PEG ratio of 1.11 and a beta of 1.44.

US Foods (NYSE:USFD - Get Free Report) last issued its earnings results 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). US Foods had a return on equity of 15.58% and a net margin of 1.38%. The firm had revenue of $9.35 billion during the quarter, compared to analyst estimates of $9.42 billion. During the same period in the previous year, the company earned $0.54 earnings per share. The business's revenue for the quarter was up 4.5% on a year-over-year basis. Sell-side analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current 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.