Wealth Enhancement Advisory Services LLC Raises Stock Holdings in US Foods Holding Corp. (NYSE:USFD)

Wealth Enhancement Advisory Services LLC grew its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 49.5% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 41,715 shares of the company's stock after acquiring an additional 13,821 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in US Foods were worth $2,731,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. EntryPoint Capital LLC acquired a new position in US Foods in the fourth quarter valued at approximately $357,000. Miracle Mile Advisors LLC purchased a new position in US Foods in the first quarter worth $248,000. Avantax Advisory Services Inc. grew its position in shares of US Foods by 121.6% during the 4th quarter. Avantax Advisory Services Inc. now owns 11,131 shares of the company's stock valued at $751,000 after acquiring an additional 6,108 shares during the period. Man Group plc increased its position in US Foods by 307.3% in the fourth quarter. Man Group plc now owns 414,629 shares of the company's stock worth $27,971,000 after buying an additional 312,833 shares during the last quarter. Finally, Redwood Investment Management LLC raised its stake in US Foods by 178.1% in the 4th quarter. Redwood Investment Management LLC now owns 75,653 shares of the company's stock valued at $5,104,000 after acquiring an additional 48,448 shares during the period. 98.76% of the stock is owned by institutional investors.

Insider Activity

In other US Foods news, EVP Dirk J. Locascio sold 15,000 shares of the business's stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $75.00, for a total value of $1,125,000.00. Following the sale, the executive vice president owned 115,077 shares of the company's stock, valued at $8,630,775. The trade was a 11.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.60% of the company's stock.

US Foods Stock Performance

Shares of US Foods stock traded down $0.29 during trading on Monday, hitting $76.98. 1,626,237 shares of the company's stock were exchanged, compared to its average volume of 2,014,277. The stock has a market capitalization of $17.81 billion, a price-to-earnings ratio of 35.31, a PEG ratio of 1.11 and a beta of 1.44. US Foods Holding Corp. has a 52-week low of $50.05 and a 52-week high of $79.64. The business has a 50-day simple moving average of $73.84 and a 200-day simple moving average of $69.60. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.74 and a current ratio of 1.17.

US Foods (NYSE:USFD - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.68 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.01). The firm had revenue of $9.35 billion for the quarter, compared to analysts' expectations of $9.42 billion. US Foods had a return on equity of 15.58% and a net margin of 1.38%. US Foods's quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.54 earnings per share. On average, research analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current year.

Analysts Set New Price Targets

USFD has been the subject of a number of research analyst reports. UBS Group lifted their price target on US Foods from $83.00 to $84.00 and gave the company a "buy" rating in a research report on Friday, May 9th. JPMorgan Chase & Co. upped their price target on shares of US Foods from $82.00 to $85.00 and gave the company a "neutral" rating in a report on Wednesday, June 25th. Guggenheim reaffirmed 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 US Foods from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 24th. Finally, Morgan Stanley raised their price target on shares of US Foods from $81.00 to $84.00 and gave the company an "overweight" rating in a report on Friday, May 9th. One equities research analyst has rated the stock with a hold rating, ten have assigned a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat, US Foods has a consensus rating of "Buy" and an average price target of $77.00.

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.