Sigma Planning Corp Makes New $525,000 Investment in US Foods Holding Corp. (NYSE:USFD)

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

A number of other large investors have also recently made changes to their positions in the stock. Signaturefd LLC lifted its holdings in US Foods by 19.7% in the 1st quarter. Signaturefd LLC now owns 1,302 shares of the company's stock worth $85,000 after purchasing an additional 214 shares in the last quarter. Edgestream Partners L.P. purchased a new position in US Foods in the 1st quarter worth approximately $2,337,000. MQS Management LLC bought a new position in shares of US Foods during the 1st quarter valued at approximately $433,000. CWM LLC increased its position in shares of US Foods by 91.4% during the 1st quarter. CWM LLC now owns 49,925 shares of the company's stock valued at $3,268,000 after purchasing an additional 23,841 shares during the last quarter. Finally, Schechter Investment Advisors LLC increased its position in shares of US Foods by 9.9% during the 1st quarter. Schechter Investment Advisors LLC now owns 12,806 shares of the company's stock valued at $838,000 after purchasing an additional 1,155 shares during the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

USFD has been the topic of several research analyst reports. UBS Group upped their price objective on US Foods from $83.00 to $84.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Barclays upped their price objective on US Foods from $85.00 to $95.00 and gave the company an "overweight" rating in a research report on Wednesday, June 4th. Guggenheim reaffirmed a "buy" rating and issued a $80.00 price objective on shares of US Foods in a research report on Monday, May 12th. JPMorgan Chase & Co. upped their price objective on US Foods from $82.00 to $85.00 and gave the company a "neutral" rating in a research report on Wednesday, June 25th. Finally, Wall Street Zen raised US Foods from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 24th. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat, US Foods presently has an average rating of "Buy" and a consensus price target of $77.42.

US Foods Stock Down 0.8%

NYSE USFD traded down $0.64 during trading on Friday, hitting $83.13. The company's stock had a trading volume of 2,627,634 shares, compared to its average volume of 2,066,995. 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 $19.23 billion, a PE ratio of 38.13, a P/E/G ratio of 1.20 and a beta of 1.41. The business's 50 day simple moving average is $77.61 and its 200-day simple moving average is $70.78. US Foods Holding Corp. has a fifty-two week low of $50.49 and a fifty-two week high of $84.44.

US Foods (NYSE:USFD - Get Free Report) last issued its quarterly 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 business had revenue of $9.35 billion during the quarter, compared to analyst estimates of $9.42 billion. During the same period in the prior year, the business posted $0.54 EPS. US Foods's revenue was up 4.5% compared to the same quarter last year. On average, equities analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Insiders Place Their Bets

In other US Foods news, EVP Dirk J. Locascio sold 15,000 shares of the firm's stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $75.00, for a total value of $1,125,000.00. Following the sale, the executive vice president directly owned 115,077 shares of the company's stock, valued at approximately $8,630,775. This trade represents a 11.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.60% of the company's stock.

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.