Unisphere Establishment Increases Position in US Foods Holding Corp. $USFD

Key Points

• Unisphere Establishment increased its stake in US Foods Holding Corp. by 9.1%, now owning 287,500 shares valued at $18.82 million.
• US Foods reported a net margin of 1.43% for the latest quarter, with an earnings per share (EPS) of $1.19, surpassing the consensus estimate.
• Equity analysts hold a predominantly positive outlook on US Foods, with an average target price of $80.55 and multiple "buy" ratings from investment houses.

Unisphere Establishment boosted its stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 9.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 287,500 shares of the company's stock after buying an additional 24,000 shares during the period. Unisphere Establishment owned approximately 0.12% of US Foods worth $18,820,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of USFD. Stifel Financial Corp raised its holdings in US Foods by 36.9% during the 4th quarter. Stifel Financial Corp now owns 18,419 shares of the company's stock worth $1,243,000 after buying an additional 4,962 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of US Foods in the fourth quarter valued at about $229,000. Mercer Global Advisors Inc. ADV lifted its holdings in shares of US Foods by 10.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 20,549 shares of the company's stock valued at $1,386,000 after purchasing an additional 2,019 shares in the last quarter. AXA S.A. bought a new stake in shares of US Foods in the fourth quarter valued at about $9,608,000. Finally, Ameriprise Financial Inc. lifted its holdings in shares of US Foods by 1.7% in the fourth quarter. Ameriprise Financial Inc. now owns 2,136,356 shares of the company's stock valued at $144,119,000 after purchasing an additional 36,307 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Guggenheim upped their price target on US Foods from $80.00 to $88.00 and gave the stock a "buy" rating in a research report on Monday, August 11th. Morgan Stanley reaffirmed an "overweight" rating and set a $89.00 price target (up previously from $84.00) on shares of US Foods in a research report on Monday, July 14th. Citigroup assumed coverage on US Foods in a research report on Thursday, May 22nd. They set a "buy" rating and a $95.00 price target for the company. Barclays upped their price target on US Foods from $85.00 to $95.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 4th. Finally, Wells Fargo & Company reaffirmed an "overweight" rating and set a $87.00 price target (up previously from $80.00) on shares of US Foods in a research report on Friday, August 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, US Foods currently has a consensus rating of "Buy" and an average price target of $81.27.

Insider Buying and Selling

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

US Foods Stock Performance

Shares of USFD traded down $0.12 during mid-day trading on Friday, reaching $77.88. The company's stock had a trading volume of 1,228,073 shares, compared to its average volume of 1,964,441. US Foods Holding Corp. has a 1-year low of $56.47 and a 1-year high of $85.11. The stock has a market cap of $17.54 billion, a P/E ratio of 33.28, a PEG ratio of 1.09 and a beta of 1.39. The business has a 50-day simple moving average of $79.92 and a two-hundred day simple moving average of $73.29. The company has a current ratio of 1.17, a quick ratio of 0.73 and a debt-to-equity ratio of 1.02.

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

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.