US Foods Holding Corp. $USFD Stock Holdings Lifted by Allianz Asset Management GmbH

Key Points

• Allianz Asset Management GmbH increased its holdings in US Foods Holding Corp. by 22.1% during the second quarter, now owning approximately 0.06% of the company worth about $9.8 million.
• US Foods reported a net margin of 1.43% and earnings per share of $1.19 for the last quarter, surpassing analyst expectations and reflecting a 3.8% revenue growth year-over-year.
• Analysts have generally upgraded the stock, with Wells Fargo recently raising its price target to $87.00, and a consensus rating of "Buy" across the market.

Allianz Asset Management GmbH lifted its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 22.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 127,892 shares of the company's stock after acquiring an additional 23,124 shares during the period. Allianz Asset Management GmbH owned about 0.06% of US Foods worth $9,849,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd purchased a new position in shares of US Foods in the first quarter worth approximately $31,000. V Square Quantitative Management LLC increased its position in shares of US Foods by 58.7% in the second quarter. V Square Quantitative Management LLC now owns 541 shares of the company's stock worth $42,000 after acquiring an additional 200 shares in the last quarter. Blue Trust Inc. increased its position in shares of US Foods by 487.2% in the first quarter. Blue Trust Inc. now owns 875 shares of the company's stock worth $57,000 after acquiring an additional 726 shares in the last quarter. Rosenberg Matthew Hamilton increased its position in shares of US Foods by 1,474.0% in the second quarter. Rosenberg Matthew Hamilton now owns 1,149 shares of the company's stock worth $88,000 after acquiring an additional 1,076 shares in the last quarter. Finally, Signaturefd LLC increased its position in shares of US Foods by 19.7% in the first quarter. Signaturefd LLC now owns 1,302 shares of the company's stock worth $85,000 after acquiring an additional 214 shares in the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

US Foods Price Performance

NYSE USFD opened at $76.25 on Wednesday. The company has a quick ratio of 0.73, a current ratio of 1.17 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $17.17 billion, a PE ratio of 32.59, a price-to-earnings-growth ratio of 1.07 and a beta of 1.36. The company has a 50 day moving average price of $77.18 and a two-hundred day moving average price of $75.58. US Foods Holding Corp. has a 12-month low of $57.36 and a 12-month high of $85.11.

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

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Wells Fargo & Company restated an "overweight" rating and set a $87.00 price target (up from $80.00) on shares of US Foods in a report on Friday, August 8th. Wall Street Zen upgraded shares of US Foods from a "buy" rating to a "strong-buy" rating in a report on Friday, September 5th. Piper Sandler raised their price target on shares of US Foods from $77.00 to $85.00 and gave the stock an "overweight" rating in a report on Tuesday, September 2nd. Morgan Stanley restated an "overweight" rating and set a $89.00 price target (up from $84.00) on shares of US Foods in a report on Monday, July 14th. Finally, Guggenheim raised their price target on shares of US Foods from $80.00 to $88.00 and gave the stock a "buy" rating in a report on Monday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $81.27.

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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