UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $112.45 Million Stake in US Foods Holding Corp. $USFD

Key Points

• UBS Asset Management reduced its US Foods stake by 11% in the second quarter, selling 135,540 shares and retaining 1.10 million shares worth approximately $112.45 million. Institutional investors collectively own 98.76% of the company.
• Analyst sentiment remains positive overall, with 11 Buy ratings and four Hold ratings producing a “Moderate Buy” consensus and an average price target of $113.92. Recent targets ranged from $90 at JPMorgan to $125 at Wells Fargo.
• US Foods reported quarterly EPS of $1.44, exceeding the $1.36 consensus estimate, while revenue reached $10.53 billion, up 4.5% year over year. The stock opened at $106.53 and has traded between $69.88 and $111.42 over the past year.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 11.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,099,800 shares of the company's stock after selling 135,540 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.51% of US Foods worth $112,455,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Measured Wealth Private Client Group LLC bought a new position in US Foods during the 3rd quarter worth approximately $26,000. Keating Financial Advisory Services Inc. bought a new stake in shares of US Foods in the 2nd quarter valued at $27,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of US Foods during the second quarter worth $28,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of US Foods during the fourth quarter worth $36,000. Finally, Geneos Wealth Management Inc. raised its stake in US Foods by 120.1% during the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company's stock worth $37,000 after buying an additional 263 shares during the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity at US Foods

In other US Foods news, insider Randy J. Taylor sold 11,630 shares of the firm's stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $110.37, for a total value of $1,283,603.10. Following the completion of the sale, the insider owned 73,618 shares of the company's stock, valued at approximately $8,125,218.66. This trade represents a 13.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider William Spencer Hancock sold 21,754 shares of the business's stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $108.29, for a total value of $2,355,740.66. Following the sale, the insider owned 101,144 shares of the company's stock, valued at approximately $10,952,883.76. This represents a 17.70% decrease in their position. The SEC filing for this sale provides additional information. 0.74% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on USFD. JPMorgan Chase & Co. dropped their target price on shares of US Foods from $98.00 to $90.00 and set a "neutral" rating on the stock in a report on Thursday, May 14th. Zacks Research raised US Foods from a "strong sell" rating to a "hold" rating in a research report on Tuesday, July 28th. Citigroup boosted their price objective on US Foods from $110.00 to $124.00 and gave the company a "buy" rating in a research note on Friday, August 7th. Wells Fargo & Company upped their target price on US Foods from $110.00 to $125.00 and gave the company an "overweight" rating in a research report on Friday, August 7th. Finally, Wall Street Zen raised US Foods from a "hold" rating to a "buy" rating in a research note on Saturday, August 15th. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $113.92.

US Foods Trading Up 1.6%

NYSE:USFD opened at $106.53 on Wednesday. US Foods Holding Corp. has a 12 month low of $69.88 and a 12 month high of $111.42. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $23.05 billion, a price-to-earnings ratio of 32.78, a PEG ratio of 1.33 and a beta of 0.81. The firm has a fifty day simple moving average of $102.99 and a two-hundred day simple moving average of $94.72.

US Foods (NYSE:USFD - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.08. The firm had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.46 billion. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The business's quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.19 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Analysts expect that US Foods Holding Corp. will post 4.41 EPS for the current fiscal year.

US Foods Company Profile

US Foods NYSE: USFD is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.

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