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

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

A number of other hedge funds also recently added to or reduced their stakes in the stock. EntryPoint Capital LLC acquired a new stake in shares of US Foods in the 4th quarter worth approximately $357,000. Longbow Finance SA acquired a new stake in US Foods in the fourth quarter valued at $9,001,000. Avantax Advisory Services Inc. increased its position in shares of US Foods by 121.6% in the fourth quarter. Avantax Advisory Services Inc. now owns 11,131 shares of the company's stock valued at $751,000 after buying an additional 6,108 shares in the last quarter. Miracle Mile Advisors LLC purchased a new position in shares of US Foods in the first quarter valued at $248,000. Finally, Man Group plc raised its stake in shares of US Foods by 307.3% during the 4th quarter. Man Group plc now owns 414,629 shares of the company's stock worth $27,971,000 after buying an additional 312,833 shares during the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

US Foods Price Performance

USFD opened at $76.71 on Wednesday. US Foods Holding Corp. has a 1 year low of $50.05 and a 1 year high of $79.64. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.74 and a current ratio of 1.17. The company's 50 day simple moving average is $72.64 and its 200 day simple moving average is $69.40. The stock has a market capitalization of $17.75 billion, a PE ratio of 35.19, a P/E/G ratio of 1.10 and a beta of 1.44.

US Foods (NYSE:USFD - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.68 earnings per share 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 last year, the business posted $0.54 earnings per share. The company's quarterly revenue was up 4.5% compared to the same quarter last year. As a group, sell-side analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current year.

Insider Activity at US Foods

In other news, EVP Dirk J. Locascio sold 15,000 shares of the stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $75.00, for a total value of $1,125,000.00. Following the completion of the sale, the executive vice president now owns 115,077 shares of the company's stock, valued at $8,630,775. This represents a 11.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.60% of the stock is currently owned by insiders.

Analysts Set New Price Targets

USFD has been the subject of several recent research reports. 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. Morgan Stanley raised their price objective on shares of US Foods from $81.00 to $84.00 and gave the stock an "overweight" rating in a research note on Friday, May 9th. Guggenheim reiterated a "buy" rating and set a $80.00 target price on shares of US Foods in a report on Monday, May 12th. UBS Group lifted their price objective on US Foods from $83.00 to $84.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Finally, Citigroup assumed coverage on shares of US Foods in a report on Thursday, May 22nd. They issued a "buy" rating and a $95.00 target price on the stock. One equities research analyst has rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $76.75.

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.

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