VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in US Foods Holding Corp. (NYSE:USFD - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 31,409 shares of the company's stock, valued at approximately $2,419,000.
Other large investors have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd bought a new position in US Foods in the first quarter worth about $31,000. V Square Quantitative Management LLC lifted its holdings in 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 during the last quarter. Blue Trust Inc. lifted its holdings in 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 during the last quarter. Rosenberg Matthew Hamilton lifted its holdings in 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 during the last quarter. Finally, Signaturefd LLC lifted its holdings in 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 during the last quarter. Institutional investors own 98.76% of the company's stock.
Analysts Set New Price Targets
A number of equities analysts have issued reports on the stock. Piper Sandler raised their target price 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. Weiss Ratings restated a "buy (b+)" rating on shares of US Foods in a research note on Tuesday, October 14th. Guggenheim raised their price target on shares of US Foods from $80.00 to $88.00 and gave the company a "buy" rating in a research note on Monday, August 11th. Wells Fargo & Company restated an "overweight" rating and issued a $87.00 price target (up previously from $80.00) on shares of US Foods in a research note on Friday, August 8th. Finally, UBS Group raised their price target on shares of US Foods from $84.00 to $96.00 and gave the company a "buy" rating in a research note on Monday, July 28th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, US Foods presently has an average rating of "Buy" and an average price target of $81.27.
Get Our Latest Stock Analysis on USFD
US Foods Price Performance
NYSE USFD opened at $76.25 on Wednesday. US Foods Holding Corp. has a 12 month low of $57.36 and a 12 month high of $85.11. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.17 and a quick ratio of 0.73. The firm has a market capitalization of $17.17 billion, a PE ratio of 32.59, a P/E/G ratio of 1.07 and a beta of 1.36. The company's 50 day simple moving average is $77.18 and its 200 day simple moving average is $75.58.
US Foods (NYSE:USFD - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $1.19 earnings per share for the quarter, topping 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 firm's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period last year, the firm posted $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 forecast that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.
US Foods Profile
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Free Report)
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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