US Foods Holding Corp. (NYSE:USFD) Shares Sold by Vident Advisory LLC

Vident Advisory LLC lessened its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 71.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,361 shares of the company's stock after selling 8,224 shares during the period. Vident Advisory LLC's holdings in US Foods were worth $227,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Arizona State Retirement System boosted its holdings in US Foods by 0.3% in the 4th quarter. Arizona State Retirement System now owns 67,426 shares of the company's stock worth $4,549,000 after buying an additional 170 shares during the period. EverSource Wealth Advisors LLC grew its holdings in US Foods by 59.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock worth $32,000 after acquiring an additional 178 shares during the last quarter. GeoWealth Management LLC grew its holdings in US Foods by 94.5% in the 4th quarter. GeoWealth Management LLC now owns 389 shares of the company's stock worth $26,000 after acquiring an additional 189 shares during the last quarter. Vestcor Inc grew its holdings in US Foods by 1.0% in the 4th quarter. Vestcor Inc now owns 20,200 shares of the company's stock worth $1,363,000 after acquiring an additional 195 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in US Foods by 2.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 8,724 shares of the company's stock worth $588,000 after buying an additional 206 shares during the period. Institutional investors and hedge funds own 98.76% of the company's stock.

Insiders Place Their Bets

In related news, EVP Dirk J. Locascio sold 15,000 shares of the firm's stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $75.00, for a total transaction of $1,125,000.00. Following the completion of the transaction, the executive vice president now owns 115,077 shares of the company's stock, valued at $8,630,775. This trade represents a 11.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.60% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on USFD shares. Barclays boosted their price objective on shares of US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Guggenheim reissued a "buy" rating and set a $80.00 price objective on shares of US Foods in a research report on Monday, May 12th. Wall Street Zen upgraded shares of US Foods from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 24th. Morgan Stanley lifted their target price on shares of US Foods from $81.00 to $84.00 and gave the company an "overweight" rating in a research note on Friday, May 9th. Finally, JPMorgan Chase & Co. lifted their target price on shares of US Foods from $70.00 to $82.00 and gave the company a "neutral" rating in a research note on Tuesday, May 20th. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, US Foods has an average rating of "Buy" and a consensus target price of $75.92.

US Foods Trading Down 1.1%

NYSE:USFD traded down $0.89 during mid-day trading on Tuesday, hitting $78.00. 1,766,368 shares of the stock traded hands, compared to its average volume of 2,040,274. The stock has a market capitalization of $18.05 billion, a price-to-earnings ratio of 38.61, a PEG ratio of 1.03 and a beta of 1.35. The firm's 50 day moving average is $68.76 and its two-hundred day moving average is $68.67. US Foods Holding Corp. has a 52 week low of $50.05 and a 52 week high of $79.64. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06.

US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.69 by ($0.01). The business had revenue of $9.35 billion for the quarter, compared to the consensus estimate of $9.42 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. US Foods's revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.54 earnings per share. On average, equities research analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current 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.