US Foods Holding Corp. $USFD Shares Bought by Trexquant Investment LP

Key Points

• Trexquant Investment LP significantly increased its ownership in US Foods Holding Corp. by 105.2%, acquiring an additional 164,424 shares to reach a total of 320,672 shares valued at approximately $20.99 million.
• Several institutional investors, including Stifel Financial Corp and Price T Rowe Associates, have also raised their stakes in US Foods, contributing to institutional ownership of over 98% of the company's stock.
• Most analysts maintain a "buy" rating for US Foods, with target prices revised upwards by firms such as UBS and Barclays, indicating strong market confidence in the company's performance.

Trexquant Investment LP increased its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 105.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 320,672 shares of the company's stock after buying an additional 164,424 shares during the quarter. Trexquant Investment LP owned about 0.14% of US Foods worth $20,991,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Colonial Trust Co SC purchased a new position in shares of US Foods in the 4th quarter worth $25,000. Caitong International Asset Management Co. Ltd purchased a new position in US Foods in the first quarter valued at about $31,000. True Wealth Design LLC raised its position in US Foods by 153.6% in the fourth quarter. True Wealth Design LLC now owns 492 shares of the company's stock valued at $33,000 after purchasing an additional 298 shares during the period. Blue Trust Inc. raised its position in US Foods by 487.2% in the first quarter. Blue Trust Inc. now owns 875 shares of the company's stock valued at $57,000 after purchasing an additional 726 shares during the period. Finally, Signaturefd LLC raised its position in US Foods by 19.7% in the first quarter. Signaturefd LLC now owns 1,302 shares of the company's stock valued at $85,000 after purchasing an additional 214 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on USFD. UBS Group raised their price objective on US Foods from $84.00 to $96.00 and gave the company a "buy" rating in a research report on Monday, July 28th. Wells Fargo & Company reissued an "overweight" rating and issued a $87.00 price objective (up from $80.00) on shares of US Foods in a research report on Friday, August 8th. Morgan Stanley reissued an "overweight" rating and issued a $89.00 price objective (up from $84.00) on shares of US Foods in a research report on Monday, July 14th. Citigroup began coverage on US Foods in a research report on Thursday, May 22nd. They issued a "buy" rating and a $95.00 price objective on the stock. Finally, Barclays raised 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. Two investment 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. Based on data from MarketBeat.com, US Foods currently has a consensus rating of "Buy" and an average target price of $80.55.

Insider Buying and Selling

In related news, EVP Dirk J. Locascio sold 7,500 shares of US Foods stock in a transaction dated Thursday, July 10th. The stock was sold at an average price of $80.00, for a total value of $600,000.00. Following the completion of the transaction, the executive vice president directly owned 115,077 shares in the company, valued at approximately $9,206,160. This trade represents a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.60% of the company's stock.

US Foods Stock Up 0.2%

Shares of US Foods stock traded up $0.17 during trading hours on Friday, hitting $77.51. 1,403,605 shares of the company's stock traded hands, compared to its average volume of 2,428,505. The company has a market cap of $17.45 billion, a PE ratio of 33.12, a PEG ratio of 1.09 and a beta of 1.44. US Foods Holding Corp. has a twelve month low of $56.47 and a twelve month high of $85.11. The stock has a 50 day simple moving average of $79.83 and a 200-day simple moving average of $73.08. The company has a quick ratio of 0.73, a current ratio of 1.17 and a debt-to-equity ratio of 1.02.

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