US Foods Holding Corp. $USFD Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC trimmed its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 23.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 48,994 shares of the company's stock after selling 15,091 shares during the period. Janney Montgomery Scott LLC's holdings in US Foods were worth $3,773,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. SageView Advisory Group LLC increased its holdings in shares of US Foods by 3.9% in the 1st quarter. SageView Advisory Group LLC now owns 4,096 shares of the company's stock worth $268,000 after acquiring an additional 153 shares during the period. Kesler Norman & Wride LLC increased its holdings in shares of US Foods by 1.3% in the 1st quarter. Kesler Norman & Wride LLC now owns 12,555 shares of the company's stock worth $822,000 after acquiring an additional 160 shares during the period. UMB Bank n.a. increased its holdings in shares of US Foods by 7.9% in the 2nd quarter. UMB Bank n.a. now owns 2,644 shares of the company's stock worth $204,000 after acquiring an additional 193 shares during the period. V Square Quantitative Management LLC increased its holdings in shares of US Foods by 58.7% in the 2nd quarter. V Square Quantitative Management LLC now owns 541 shares of the company's stock worth $42,000 after acquiring an additional 200 shares during the period. Finally, Signaturefd LLC increased its holdings in shares of US Foods by 19.7% in the 1st quarter. Signaturefd LLC now owns 1,302 shares of the company's stock worth $85,000 after acquiring an additional 214 shares during the period. 98.76% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

USFD has been the topic of a number of analyst reports. Morgan Stanley reaffirmed an "overweight" rating and issued a $89.00 price objective (up previously from $84.00) on shares of US Foods in a report on Monday, July 14th. Wells Fargo & Company reaffirmed an "overweight" rating and issued a $87.00 price objective (up previously from $80.00) on shares of US Foods in a report on Friday, August 8th. UBS Group increased their price objective on shares of US Foods from $84.00 to $96.00 and gave the stock a "buy" rating in a report on Monday, July 28th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of US Foods in a report on Saturday, September 27th. Finally, Guggenheim increased their target price on shares of US Foods from $80.00 to $88.00 and gave the company a "buy" rating in a research report on Monday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, US Foods presently has a consensus rating of "Buy" and an average target price of $81.27.

US Foods Stock Performance

NYSE:USFD opened at $76.09 on Wednesday. US Foods Holding Corp. has a twelve month low of $57.36 and a twelve month high of $85.11. The company has a current ratio of 1.17, a quick ratio of 0.73 and a debt-to-equity ratio of 1.02. The company has a 50-day moving average of $78.36 and a 200-day moving average of $74.84. The firm has a market cap of $17.13 billion, a price-to-earnings ratio of 32.52, a price-to-earnings-growth ratio of 1.06 and a beta of 1.36.

US Foods (NYSE:USFD - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.05. US Foods had a net margin of 1.43% and a return on equity of 16.86%. The company had revenue of $10.08 billion during the quarter, compared to analyst estimates of $10.17 billion. During the same quarter last year, the firm posted $0.93 EPS. The business's revenue for the quarter was up 3.8% on a year-over-year basis. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. Analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Insider Buying and Selling at US Foods

In other news, EVP Dirk J. Locascio sold 7,500 shares of US Foods stock in a transaction that occurred on Thursday, July 10th. The shares were sold at an average price of $80.00, for a total value of $600,000.00. Following the transaction, the executive vice president directly owned 115,077 shares of the company's stock, valued at $9,206,160. This trade represents a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.60% of the stock is currently owned by company insiders.

About US Foods

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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