Twin Tree Management LP Makes New $1.31 Million Investment in US Foods Holding Corp. $USFD

Key Points

• Twin Tree Management LP acquired 19,943 shares of US Foods Holding Corp., valued at approximately $1.3 million, during the first quarter.
• Analysts are optimistic about US Foods, with multiple brokerages raising their price targets; JPMorgan upgraded it from $82 to $85 and Barclays increased it from $85 to $95.
• US Foods reported a quarterly earnings per share of $1.19, beating expectations, and revenue of $10.08 billion, slightly below analyst forecasts.

Twin Tree Management LP acquired a new stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 19,943 shares of the company's stock, valued at approximately $1,305,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Colonial Trust Co SC acquired a new position in shares of US Foods in the fourth quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of US Foods in the first quarter valued at approximately $31,000. True Wealth Design LLC boosted its holdings in shares of 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 buying an additional 298 shares during the period. Blue Trust Inc. boosted its holdings in shares of 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 buying an additional 726 shares during the period. Finally, Signaturefd LLC boosted its holdings in shares of 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 buying an additional 214 shares during the period. Institutional investors and hedge funds own 98.76% of the company's stock.

US Foods Stock Down 0.3%

USFD stock traded down $0.23 during mid-day trading on Wednesday, reaching $77.18. The company had a trading volume of 1,655,734 shares, compared to its average volume of 2,312,083. 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 simple moving average of $79.88 and a two-hundred day simple moving average of $73.19. The company has a market capitalization of $17.38 billion, a price-to-earnings ratio of 32.98, a PEG ratio of 1.09 and a beta of 1.39. US Foods Holding Corp. has a 52 week low of $56.47 and a 52 week high of $85.11.

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 firm 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 business's revenue was up 3.8% compared to the same quarter last year. During the same period last year, the company earned $0.93 earnings per share. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. As a group, equities analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Insider Transactions at US Foods

In other US Foods news, EVP Dirk J. Locascio sold 7,500 shares of the company's 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 sale, the executive vice president directly owned 115,077 shares of the company's stock, valued at approximately $9,206,160. This represents a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.60% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Barclays upped their price target on shares of US Foods from $85.00 to $95.00 and gave the company an "overweight" rating in a report on Wednesday, June 4th. JPMorgan Chase & Co. upped their price target on shares of US Foods from $82.00 to $85.00 and gave the company a "neutral" rating in a report on Wednesday, June 25th. Citigroup started coverage on shares of US Foods in a report on Thursday, May 22nd. They issued a "buy" rating and a $95.00 price target for the company. UBS Group boosted their price objective on shares of US Foods from $84.00 to $96.00 and gave the stock a "buy" rating in a research report on Monday, July 28th. Finally, Wells Fargo & Company reissued an "overweight" rating and issued a $87.00 price objective (up previously from $80.00) on shares of US Foods in a research report on Friday, August 8th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $81.27.

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.