Snowden Capital Advisors LLC Purchases 4,045 Shares of US Foods Holding Corp. (NYSE:USFD)

Snowden Capital Advisors LLC increased its position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 97.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,179 shares of the company's stock after buying an additional 4,045 shares during the period. Snowden Capital Advisors LLC's holdings in US Foods were worth $552,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of USFD. Colonial Trust Co SC bought a new stake in shares of US Foods in the fourth quarter valued at approximately $25,000. GeoWealth Management LLC boosted its position in shares of US Foods by 94.5% in the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company's stock valued at $26,000 after acquiring an additional 189 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of US Foods by 59.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock valued at $32,000 after acquiring an additional 178 shares during the period. Legacy Investment Solutions LLC bought a new stake in shares of US Foods in the fourth quarter valued at approximately $32,000. Finally, R Squared Ltd bought a new stake in shares of US Foods in the fourth quarter valued at approximately $34,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at US Foods

In other news, EVP Dirk J. Locascio sold 15,000 shares of the firm's stock in a transaction 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 completion of the sale, the executive vice president now directly owns 115,077 shares in the company, 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 filing with the SEC, which is available through this link. Company insiders own 0.60% of the company's stock.

Wall Street Analyst Weigh In

USFD has been the subject of several research reports. UBS Group increased 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. StockNews.com raised US Foods from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, May 13th. Guggenheim reissued 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. raised their target price on US Foods from $70.00 to $82.00 and gave the stock a "neutral" rating in a research report on Tuesday. Finally, Barclays raised their target price on US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, US Foods currently has an average rating of "Buy" and a consensus price target of $74.18.

US Foods Stock Up 0.7%

Shares of NYSE USFD opened at $77.80 on Wednesday. The stock has a market cap of $18.00 billion, a PE ratio of 38.52, a PEG ratio of 1.03 and a beta of 1.35. The business has a fifty day moving average of $66.30 and a two-hundred day moving average of $67.85. US Foods Holding Corp. has a 52-week low of $50.05 and a 52-week high of $78.18. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21.

US Foods (NYSE:USFD - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $9.35 billion for the quarter, compared to the consensus estimate of $9.42 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. The firm's revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.54 earnings per share. As a group, equities research analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal 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.

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