WealthTrust Axiom LLC Acquires Shares of 4,872 US Foods Holding Corp. $USFD

Key Points

• WealthTrust Axiom LLC has acquired 4,872 shares of US Foods Holding Corp., valued at approximately $319,000, according to their recent 13F filing with the SEC.
• Despite the acquisition, US Foods' stock has decreased by 0.8%, with current trading around $77.42 and a market cap of $17.43 billion.
• Analysts have a positive outlook on US Foods, with reports indicating price objectives ranging from $85 to $96, suggesting a consensus rating of "Buy."

WealthTrust Axiom LLC bought a new position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,872 shares of the company's stock, valued at approximately $319,000.

Other institutional investors have also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of US Foods by 14.5% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,500 shares of the company's stock worth $622,000 after acquiring an additional 1,200 shares in the last quarter. Jupiter Asset Management Ltd. purchased a new stake in US Foods during the first quarter valued at about $91,087,000. GAMMA Investing LLC raised its position in US Foods by 16.0% during the first quarter. GAMMA Investing LLC now owns 3,458 shares of the company's stock valued at $226,000 after purchasing an additional 478 shares in the last quarter. Allianz Asset Management GmbH raised its position in US Foods by 152.6% during the first quarter. Allianz Asset Management GmbH now owns 104,768 shares of the company's stock valued at $6,858,000 after purchasing an additional 63,288 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in US Foods by 49.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 41,715 shares of the company's stock valued at $2,731,000 after purchasing an additional 13,821 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.

US Foods Stock Down 0.8%

NYSE USFD opened at $77.4240 on Tuesday. 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 stock has a market capitalization of $17.43 billion, a PE ratio of 33.09, a PEG ratio of 1.10 and a beta of 1.44. US Foods Holding Corp. has a 1 year low of $56.47 and a 1 year high of $85.11. The business's 50-day moving average is $79.67 and its 200 day moving average is $72.88.

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, topping the consensus estimate of $1.14 by $0.05. The company had revenue of $10.08 billion for the quarter, compared to analysts' expectations of $10.17 billion. US Foods had a return on equity of 16.86% and a net margin of 1.43%.US Foods's quarterly revenue was up 3.8% on a year-over-year basis. During the same period last year, the firm earned $0.93 earnings per share. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. Sell-side analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insider Buying and Selling

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on USFD shares. Morgan Stanley reaffirmed an "overweight" rating and set a $89.00 price objective (up from $84.00) on shares of US Foods in a research note on Monday, July 14th. UBS Group raised their price objective on US Foods from $84.00 to $96.00 and gave the company a "buy" rating in a research note on Monday, July 28th. JPMorgan Chase & Co. raised their price objective on US Foods from $82.00 to $85.00 and gave the company a "neutral" rating in a research note on Wednesday, June 25th. Citigroup started coverage on US Foods in a research note on Thursday, May 22nd. They set a "buy" rating and a $95.00 price objective on the stock. Finally, Wells Fargo & Company reaffirmed an "overweight" rating and set a $87.00 price objective (up from $80.00) on shares of US Foods in a research note 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 assigned a Hold rating to the stock. According to MarketBeat, US Foods currently has a consensus rating of "Buy" and a consensus target price of $80.55.

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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