US Foods Holding Corp. (NYSE:USFD) Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. decreased its stake in US Foods Holding Corp. (NYSE:USFD - Free Report) by 16.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,788,696 shares of the company's stock after selling 727,213 shares during the period. Bessemer Group Inc. owned approximately 1.64% of US Foods worth $248,008,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Boston Partners lifted its position in shares of US Foods by 0.6% during the 4th quarter. Boston Partners now owns 12,744,006 shares of the company's stock valued at $860,460,000 after acquiring an additional 77,012 shares during the period. JPMorgan Chase & Co. increased its stake in US Foods by 7.3% in the 4th quarter. JPMorgan Chase & Co. now owns 4,304,310 shares of the company's stock valued at $290,369,000 after purchasing an additional 292,404 shares in the last quarter. Norges Bank acquired a new position in US Foods during the fourth quarter worth $211,300,000. Artisan Partners Limited Partnership purchased a new stake in US Foods during the fourth quarter worth $171,107,000. Finally, Ameriprise Financial Inc. grew its holdings in US Foods by 1.7% in the fourth quarter. Ameriprise Financial Inc. now owns 2,136,356 shares of the company's stock valued at $144,119,000 after purchasing an additional 36,307 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.

Analysts Set New Price Targets

USFD has been the subject of several research reports. Morgan Stanley lifted their price target on US Foods from $81.00 to $84.00 and gave the stock an "overweight" rating in a research note on Friday, May 9th. Barclays raised their target price 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. Wall Street Zen raised shares of US Foods from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 24th. Guggenheim reiterated a "buy" rating and issued a $80.00 price target on shares of US Foods in a research report on Monday, May 12th. Finally, Citigroup started coverage on shares of US Foods in a research note on Thursday, May 22nd. They set a "buy" rating and a $95.00 price objective for the company. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Buy" and an average target price of $77.00.

Insider Activity

In other news, EVP Dirk J. Locascio sold 15,000 shares of the stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $75.00, for a total transaction of $1,125,000.00. Following the transaction, the executive vice president now directly owns 115,077 shares in the company, valued at $8,630,775. This represents a 11.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.60% of the company's stock.

US Foods Trading Up 0.8%

Shares of US Foods stock traded up $0.59 during mid-day trading on Friday, hitting $77.30. 2,603,017 shares of the stock were exchanged, compared to its average volume of 2,018,040. The stock has a market capitalization of $17.88 billion, a price-to-earnings ratio of 35.46, a price-to-earnings-growth ratio of 1.11 and a beta of 1.44. US Foods Holding Corp. has a twelve month low of $50.05 and a twelve month high of $79.64. The company has a current ratio of 1.17, a quick ratio of 0.74 and a debt-to-equity ratio of 1.02. The company has a 50-day simple moving average of $73.52 and a 200 day simple moving average of $69.54.

US Foods (NYSE:USFD - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.68 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.01). US Foods had a return on equity of 15.58% and a net margin of 1.38%. The firm had revenue of $9.35 billion during the quarter, compared to analysts' expectations of $9.42 billion. During the same period in the previous year, the firm posted $0.54 earnings per share. The firm's revenue was up 4.5% on a year-over-year basis. Research analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current year.

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.