UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Raises Stock Position in US Foods Holding Corp. $USFD

Key Points

• UBS AM has increased its stake in US Foods Holding Corp. by 24.4%, owning approximately 0.43% of the company, valued at $64.77 million.
• US Foods reported a quarterly earnings of $1.19 EPS, exceeding analyst estimates, with revenue of $10.08 billion, up 3.8% year-over-year.
• Institutional investors and hedge funds hold 98.76% of US Foods' stock, highlighting significant interest from major financial players.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 24.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 989,406 shares of the company's stock after purchasing an additional 194,158 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.43% of US Foods worth $64,767,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd acquired a new position in US Foods during the 1st quarter worth approximately $31,000. True Wealth Design LLC lifted its holdings in shares of US Foods by 153.6% in the 4th quarter. True Wealth Design LLC now owns 492 shares of the company's stock worth $33,000 after purchasing an additional 298 shares during the last quarter. Blue Trust Inc. raised its stake in US Foods by 487.2% during the 1st quarter. Blue Trust Inc. now owns 875 shares of the company's stock valued at $57,000 after acquiring an additional 726 shares in the last quarter. Signaturefd LLC grew its position in US Foods by 19.7% in the first quarter. Signaturefd LLC now owns 1,302 shares of the company's stock worth $85,000 after buying an additional 214 shares during the last quarter. Finally, Banque Transatlantique SA purchased a new position in shares of US Foods during the 1st quarter valued at $91,000. Institutional investors own 98.76% of the company's stock.

Insider Activity at US Foods

In related news, EVP Dirk J. Locascio sold 7,500 shares of the 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 transaction, 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.60% of the company's stock.

US Foods Stock Down 0.0%

Shares of NYSE USFD traded down $0.03 during mid-day trading on Friday, reaching $78.34. The company had a trading volume of 4,707,878 shares, compared to its average volume of 1,617,380. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.73 and a current ratio of 1.17. US Foods Holding Corp. has a twelve month low of $57.36 and a twelve month high of $85.11. The stock's 50 day moving average is $79.91 and its 200-day moving average is $73.84. The stock has a market capitalization of $17.64 billion, a PE ratio of 33.48, a price-to-earnings-growth ratio of 1.10 and a beta of 1.39.

US Foods (NYSE:USFD - Get Free Report) last issued 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 business had revenue of $10.08 billion during the quarter, compared to analyst estimates of $10.17 billion. US Foods had a net margin of 1.43% and a return on equity of 16.86%. US Foods's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.93 earnings per share. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. As a group, equities analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Analyst Ratings Changes

USFD has been the topic of a number of research reports. UBS Group upped their target price 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. Guggenheim upped their target price on shares of US Foods from $80.00 to $88.00 and gave the stock a "buy" rating in a research note on Monday, August 11th. Wall Street Zen upgraded shares of US Foods from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 5th. Citigroup began 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. Finally, Piper Sandler increased their price target on US Foods from $77.00 to $85.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 2nd. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $81.27.

US Foods 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.