Sigma Planning Corp Takes Position in US Foods Holding Corp. (NYSE:USFD)

Sigma Planning Corp bought a new stake in US Foods Holding Corp. (NYSE:USFD - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 8,024 shares of the company's stock, valued at approximately $525,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. EntryPoint Capital LLC acquired a new stake in US Foods during the 4th quarter worth approximately $357,000. Sumitomo Mitsui Trust Group Inc. increased its position in US Foods by 14.5% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,500 shares of the company's stock worth $622,000 after purchasing an additional 1,200 shares in the last quarter. GAMMA Investing LLC increased its position in US Foods by 16.0% during the 1st quarter. GAMMA Investing LLC now owns 3,458 shares of the company's stock worth $226,000 after purchasing an additional 478 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in US Foods by 49.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 41,715 shares of the company's stock worth $2,731,000 after purchasing an additional 13,821 shares in the last quarter. Finally, Blue Trust Inc. grew its position in 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 acquiring an additional 726 shares in the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

US Foods Stock Performance

Shares of NYSE USFD traded up $0.84 during midday trading on Tuesday, reaching $84.25. 1,513,447 shares of the company traded hands, compared to its average volume of 2,064,734. US Foods Holding Corp. has a 52 week low of $50.49 and a 52 week high of $84.75. The stock has a 50-day moving average price of $77.80 and a 200 day moving average price of $70.91. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.17 and a quick ratio of 0.74. The company has a market cap of $19.49 billion, a price-to-earnings ratio of 38.64, a PEG ratio of 1.20 and a beta of 1.41.

US Foods (NYSE:USFD - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.69 by ($0.01). The firm had revenue of $9.35 billion for the quarter, compared to analyst estimates of $9.42 billion. US Foods had a return on equity of 15.58% and a net margin of 1.38%. US Foods's revenue was up 4.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.54 earnings per share. Sell-side analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Wall Street Zen raised shares of US Foods from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 24th. Morgan Stanley reissued an "overweight" rating and set a $89.00 price target (up previously from $84.00) on shares of US Foods in a research report on Monday, July 14th. Wells Fargo & Company reissued an "overweight" rating on shares of US Foods in a research report on Sunday, July 13th. 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 target for the company. Finally, Guggenheim restated a "buy" rating and set a $80.00 price objective on shares of US Foods in a research note on Monday, May 12th. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $77.42.

Insider Activity

In other news, EVP Dirk J. Locascio sold 7,500 shares of US Foods stock in a transaction dated Thursday, July 10th. The stock was sold at an average price of $80.00, for a total transaction of $600,000.00. Following the completion of the sale, the executive vice president directly owned 115,077 shares in the company, valued at $9,206,160. The trade was a 6.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.60% of the stock is currently owned by corporate insiders.

US Foods Company 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.