6,835 Shares in US Foods Holding Corp. $USFD Bought by Sivia Capital Partners LLC

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 position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,835 shares of the company's stock, valued at approximately $526,000.

A number of other institutional investors and hedge funds have also modified their holdings of USFD. Boston Partners raised its stake in shares of US Foods by 29.1% during the first quarter. Boston Partners now owns 16,457,351 shares of the company's stock worth $1,076,225,000 after buying an additional 3,713,345 shares during the last quarter. Burgundy Asset Management Ltd. bought a new stake in shares of US Foods during the first quarter worth approximately $110,245,000. Jupiter Asset Management Ltd. bought a new stake in shares of US Foods during the first quarter worth approximately $91,087,000. AQR Capital Management LLC raised its stake in shares of US Foods by 120.3% during the first quarter. AQR Capital Management LLC now owns 2,537,434 shares of the company's stock worth $162,853,000 after buying an additional 1,385,521 shares during the last quarter. Finally, Invesco Ltd. raised its stake in shares of US Foods by 21.8% during the first quarter. Invesco Ltd. now owns 7,546,048 shares of the company's stock worth $493,964,000 after buying an additional 1,350,034 shares during the last quarter. 98.76% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP Dirk J. Locascio sold 7,500 shares of the stock in a transaction 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 transaction, the executive vice president owned 115,077 shares in the company, valued at approximately $9,206,160. This represents a 6.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.60% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Citigroup assumed coverage on shares of US Foods in a research note on Thursday, May 22nd. They set a "buy" rating and a $95.00 price target for the company. Wells Fargo & Company reaffirmed an "overweight" rating and issued a $87.00 target price (up previously from $80.00) on shares of US Foods in a research note on Friday, August 8th. Piper Sandler upped their target price on shares of US Foods from $77.00 to $85.00 and gave the company an "overweight" rating in a research note on Tuesday, September 2nd. Wall Street Zen raised shares of US Foods from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. Finally, UBS Group upped 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. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, US Foods has an average rating of "Buy" and a consensus price target of $81.27.

US Foods Stock Down 0.5%

Shares of US Foods stock traded down $0.40 on Thursday, hitting $78.39. The company had a trading volume of 1,642,680 shares, compared to its average volume of 1,626,506. The firm has a market capitalization of $17.65 billion, a P/E ratio of 33.50, a P/E/G ratio of 1.10 and a beta of 1.39. US Foods Holding Corp. has a twelve month low of $57.36 and a twelve month high of $85.11. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.17 and a quick ratio of 0.73. The stock has a 50-day moving average of $79.95 and a 200-day moving average of $73.77.

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, beating the consensus estimate of $1.14 by $0.05. The company had revenue of $10.08 billion during the quarter, compared to analysts' expectations of $10.17 billion. US Foods had a net margin of 1.43% and a return on equity of 16.86%. The business's quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.93 earnings per share. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. Research analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

US Foods 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.