US Foods Holding Corp. $USFD Shares Bought by Nisa Investment Advisors LLC

Key Points

• Nisa Investment Advisors increased its US Foods stake by 59.6% in the third quarter, bringing its holdings to 46,177 shares valued at approximately $4.26 million. Institutional investors collectively own 98.76% of the company.
• US Foods exceeded quarterly expectations, reporting $1.44 in earnings per share versus the $1.36 consensus estimate and $10.53 billion in revenue, up 4.5% year over year.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $114.85, compared with the stock’s reported opening price of $100.96.

Nisa Investment Advisors LLC lifted its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 59.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 46,177 shares of the company's stock after purchasing an additional 17,242 shares during the quarter. Nisa Investment Advisors LLC's holdings in US Foods were worth $4,258,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wellington Management Group LLP boosted its holdings in shares of US Foods by 46.1% in the 2nd quarter. Wellington Management Group LLP now owns 23,009,877 shares of the company's stock worth $2,352,760,000 after purchasing an additional 7,259,357 shares during the period. BlackRock Inc. purchased a new position in shares of US Foods during the 2nd quarter worth about $2,131,439,000. Primecap Management Co. CA bought a new position in US Foods during the 2nd quarter valued at about $406,997,000. Bessemer Group Inc. grew its holdings in US Foods by 1.8% during the 1st quarter. Bessemer Group Inc. now owns 2,926,696 shares of the company's stock valued at $269,872,000 after purchasing an additional 51,519 shares during the last quarter. Finally, Deutsche Bank AG purchased a new stake in shares of US Foods in the second quarter worth approximately $141,394,000. Hedge funds and other institutional investors own 98.76% of the company's stock.

Insider Activity

In related news, insider Randy J. Taylor sold 11,630 shares of US Foods stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $110.37, for a total transaction of $1,283,603.10. Following the completion of the transaction, the insider directly owned 73,618 shares in the company, 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 Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider William Spencer Hancock sold 21,754 shares of US Foods stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the transaction, the insider directly 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. Additional details regarding this sale are available in the official SEC disclosure. 0.74% of the stock is owned by company insiders.

US Foods Stock Performance

USFD opened at $100.96 on Friday. 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 Holding Corp. has a 12-month low of $69.88 and a 12-month high of $111.42. The firm has a 50 day moving average of $99.98 and a two-hundred day moving average of $95.80. The firm has a market capitalization of $21.84 billion, a PE ratio of 31.06, a P/E/G ratio of 1.31 and a beta of 0.86.

US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.44 EPS for the quarter, beating the consensus estimate of $1.36 by $0.08. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The business had revenue of $10.53 billion for the quarter, compared to the consensus estimate of $10.46 billion. During the same period in the prior year, the firm earned $1.19 EPS. The business's revenue for the quarter was up 4.5% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, analysts anticipate that US Foods Holding Corp. will post 4.46 EPS for the current year.

Analysts Set New Price Targets

USFD has been the topic of several recent analyst reports. Weiss Ratings downgraded shares of US Foods from a "buy (b+)" rating to a "buy (b)" rating in a research note on Friday, October 9th. UBS Group upped their price objective on US Foods from $117.00 to $127.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. TD Cowen increased their target price on shares of US Foods from $116.00 to $119.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. BMO Capital Markets reissued an "outperform" rating and issued a $120.00 price target on shares of US Foods in a report on Friday, August 7th. Finally, Piper Sandler boosted their target price on shares of US Foods from $88.00 to $108.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 12th. Eleven equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $114.85.

US Foods Company Profile

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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