US Foods Holding Corp. $USFD Shares Acquired by Howland Capital Management LLC

Key Points

• Howland Capital Management increased its US Foods stake by 31.6% in the third quarter, bringing its holdings to 78,969 shares valued at approximately $7.28 million. Institutional investors collectively own 98.76% of the company.
• Analysts remain broadly positive on US Foods, with 11 Buy ratings and four Holds. The stock has a “Moderate Buy” consensus rating and an average price target of $114.85.
• US Foods exceeded quarterly expectations, reporting $1.44 in earnings per share versus the $1.36 consensus and $10.53 billion in revenue. Revenue increased 4.5% year over year, while two insiders recently sold shares.

Howland Capital Management LLC boosted its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 31.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 78,969 shares of the company's stock after buying an additional 18,960 shares during the quarter. Howland Capital Management LLC's holdings in US Foods were worth $7,282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Wellington Management Group LLP grew its stake in shares of US Foods by 46.1% during the 2nd quarter. Wellington Management Group LLP now owns 23,009,877 shares of the company's stock worth $2,352,760,000 after acquiring an additional 7,259,357 shares during the period. BlackRock Inc. purchased a new stake in US Foods in the 2nd quarter worth about $2,131,439,000. Primecap Management Co. CA purchased a new stake in US Foods in the 2nd quarter worth about $406,997,000. Bessemer Group Inc. raised its stake in US Foods by 1.8% in the 1st quarter. Bessemer Group Inc. now owns 2,926,696 shares of the company's stock valued at $269,872,000 after acquiring an additional 51,519 shares during the period. Finally, Bank of America Corp DE raised its stake in US Foods by 50.9% in the 1st quarter. Bank of America Corp DE now owns 1,520,296 shares of the company's stock valued at $140,186,000 after acquiring an additional 512,511 shares during the period. 98.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on USFD. Zacks Research upgraded shares of US Foods from a "strong sell" rating to a "hold" rating in a research note on Tuesday, July 28th. Wall Street Zen upgraded shares of US Foods from a "hold" rating to a "buy" rating in a research note on Saturday, August 15th. TD Cowen upped their price target on shares of US Foods from $116.00 to $119.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. UBS Group raised their price objective on shares of US Foods from $117.00 to $127.00 and gave the stock a "buy" rating in a report on Friday, August 7th. Finally, BMO Capital Markets reiterated an "outperform" rating and issued a $120.00 price objective on shares of US Foods in a research note on Friday, August 7th. Eleven equities research 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 $114.85.

US Foods Trading Up 1.9%

Shares of US Foods stock opened at $104.14 on Friday. The company's 50-day moving average price is $100.14 and its 200-day moving average price is $95.77. The company has a market cap of $22.53 billion, a price-to-earnings ratio of 25.60, a PEG ratio of 1.28 and a beta of 0.86. 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.

US Foods (NYSE:USFD - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, topping analysts' consensus estimates of $1.36 by $0.08. The business 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%. US Foods's revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.19 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities analysts expect that US Foods Holding Corp. will post 4.46 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider William Spencer Hancock sold 21,754 shares of US Foods stock in a transaction on Friday, August 7th. The stock was sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the completion of the sale, the insider owned 101,144 shares of the company's stock, valued at approximately $10,952,883.76. This trade represents a 17.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Randy J. Taylor sold 11,630 shares of the business's stock in a transaction dated 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 transaction, the insider owned 73,618 shares of the company's stock, valued at approximately $8,125,218.66. The trade was a 13.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.74% of the company's stock.

About US Foods

US Foods Holding Corp. is a leading foodservice distributor serving restaurants, health care and hospitality organizations, educational institutions, government facilities and other commercial customers across the United States. Through its distribution network, the company delivers food, beverages, equipment and related supplies to professional foodservice operators.

The company offers a broad selection of fresh and frozen foods, dry groceries, beverages, meat, seafood, produce, dairy products and disposable supplies.

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