Sivia Capital Partners LLC Takes Position in US Foods Holding Corp. $USFD

Key Points

• Sivia Capital Partners LLC acquired a new stake in US Foods Holding Corp., purchasing 6,835 shares valued at approximately $526,000 during the 2nd quarter.
• The stock has received multiple upgrades from analysts, with Wells Fargo and Morgan Stanley setting target prices at $87.00 and $89.00, respectively, while Wall Street Zen upgraded it to a "strong-buy" rating.
• Corporate insider Dirk J. Locascio sold 7,500 shares for $600,000, indicating a 6.12% decrease in his ownership, after which he retained 115,077 shares valued at over $9 million.

Sivia Capital Partners LLC purchased a new stake in US Foods Holding Corp. (NYSE:USFD - Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 6,835 shares of the company's stock, valued at approximately $526,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new position in shares of US Foods during the 1st quarter valued at $31,000. Blue Trust Inc. increased its position in shares of US Foods by 487.2% in the 1st quarter. Blue Trust Inc. now owns 875 shares of the company's stock worth $57,000 after purchasing an additional 726 shares during the last quarter. Signaturefd LLC increased its position in shares of 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 during the last quarter. Harvest Fund Management Co. Ltd bought a new stake in shares of US Foods in the 1st quarter worth about $96,000. Finally, Banque Transatlantique SA bought a new stake in shares of US Foods during the 1st quarter valued at about $91,000. Institutional investors and hedge funds own 98.76% of the company's stock.

Analysts Set New Price Targets

Several research firms have commented on USFD. Wells Fargo & Company restated an "overweight" rating and issued a $87.00 target price (up previously from $80.00) on shares of US Foods in a research report on Friday, August 8th. Barclays increased their target price on shares of US Foods from $85.00 to $95.00 and gave the company an "overweight" rating in a research note on Wednesday, June 4th. Piper Sandler upped their price target on shares of US Foods from $77.00 to $85.00 and gave the company an "overweight" rating in a research report on Tuesday, September 2nd. UBS Group lifted their target price on shares of US Foods from $84.00 to $96.00 and gave the company a "buy" rating in a research note on Monday, July 28th. Finally, Morgan Stanley restated an "overweight" rating and set a $89.00 price target (up previously from $84.00) on shares of US Foods in a research note on Monday, July 14th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $81.27.

Insider Activity at US Foods

In other news, EVP Dirk J. Locascio sold 7,500 shares of the firm's stock in a transaction that occurred on Thursday, July 10th. The shares were 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 owned 115,077 shares of the company's stock, valued at $9,206,160. This trade represents a 6.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 0.60% of the stock is currently owned by company insiders.

US Foods Price Performance

US Foods stock traded down $0.03 during trading hours on Friday, reaching $78.34. 4,707,878 shares of the stock were exchanged, compared to its average volume of 1,617,380. The company has a market cap of $17.64 billion, a P/E ratio of 33.48, a price-to-earnings-growth ratio of 1.10 and a beta of 1.39. The company has a current ratio of 1.17, a quick ratio of 0.73 and a debt-to-equity ratio of 1.02. US Foods Holding Corp. has a twelve month low of $57.36 and a twelve month high of $85.11. The stock has a 50 day moving average of $79.91 and a two-hundred day moving average of $73.88.

US Foods (NYSE:USFD - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $1.19 earnings per share for the quarter, beating analysts' consensus estimates of $1.14 by $0.05. The company had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $10.17 billion. US Foods had a net margin of 1.43% and a return on equity of 16.86%. The firm's quarterly revenue was up 3.8% compared to the same quarter last year. During the same period last year, the company posted $0.93 EPS. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. Equities analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

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.