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US Foods Holding Corp. (NYSE:USFD) Shares Sold by Swiss National Bank

US Foods logo with Consumer Staples background

Swiss National Bank lessened its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 1.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 451,355 shares of the company's stock after selling 4,600 shares during the period. Swiss National Bank owned approximately 0.20% of US Foods worth $29,546,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Kesler Norman & Wride LLC grew its stake in US Foods by 1.3% in the first quarter. Kesler Norman & Wride LLC now owns 12,555 shares of the company's stock worth $822,000 after purchasing an additional 160 shares in the last quarter. GeoWealth Management LLC grew its holdings in US Foods by 94.5% during the 4th quarter. GeoWealth Management LLC now owns 389 shares of the company's stock worth $26,000 after acquiring an additional 189 shares in the last quarter. Signaturefd LLC lifted its position in shares of US Foods by 19.7% during the first quarter. Signaturefd LLC now owns 1,302 shares of the company's stock valued at $85,000 after buying an additional 214 shares during the last quarter. ProShare Advisors LLC lifted its position in shares of US Foods by 2.2% during the fourth quarter. ProShare Advisors LLC now owns 10,898 shares of the company's stock valued at $735,000 after buying an additional 238 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its position in shares of US Foods by 16.8% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,724 shares of the company's stock valued at $113,000 after buying an additional 248 shares during the last quarter. Institutional investors own 98.76% of the company's stock.

Insider Transactions at US Foods

In related news, EVP Dirk J. Locascio sold 7,500 shares of US Foods stock in a transaction on Thursday, July 10th. The shares were sold at an average price of $80.00, for a total value of $600,000.00. Following the sale, the executive vice president owned 115,077 shares of the company's stock, valued at approximately $9,206,160. This trade represents a 6.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.60% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on USFD shares. Citigroup started 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. Barclays increased their price target on shares of US Foods from $85.00 to $95.00 and gave the company an "overweight" rating in a research report on Wednesday, June 4th. Guggenheim set a $88.00 price target on shares of US Foods and gave the company a "buy" rating in a research report on Monday. 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. Finally, JPMorgan Chase & Co. lifted their target price on shares of US Foods from $82.00 to $85.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 25th. One equities research analyst has rated the stock with a hold rating, nine have assigned a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $80.55.

Check Out Our Latest Stock Report on USFD

US Foods Stock Performance

Shares of NYSE:USFD traded down $1.57 during trading on Thursday, hitting $77.08. 2,317,789 shares of the stock traded hands, compared to its average volume of 2,582,437. The company has a quick ratio of 0.73, a current ratio of 1.17 and a debt-to-equity ratio of 1.02. The company has a market cap of $17.36 billion, a price-to-earnings ratio of 32.94, a P/E/G ratio of 1.11 and a beta of 1.44. The company has a fifty day moving average price of $79.56 and a two-hundred day moving average price of $72.56. US Foods Holding Corp. has a 52-week low of $56.42 and a 52-week high of $85.11.

US Foods (NYSE:USFD - Get Free Report) last posted its 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. US Foods had a net margin of 1.43% and a return on equity of 16.86%. The firm had revenue of $10.08 billion during the quarter, compared to analyst estimates of $10.17 billion. During the same period in the previous year, the firm earned $0.93 EPS. The business's quarterly revenue was up 3.8% on a year-over-year basis. As a group, equities analysts predict that US Foods Holding Corp. will post 3.59 EPS for the current year.

US Foods Company Profile

(Free Report)

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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Institutional Ownership by Quarter for US Foods (NYSE:USFD)

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