Worldquant Millennium Advisors LLC Acquires New Holdings in US Foods Holding Corp. (NYSE:USFD)

Worldquant Millennium Advisors LLC purchased a new position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,229 shares of the company's stock, valued at approximately $285,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in USFD. Colonial Trust Co SC purchased a new position in US Foods during the 4th quarter worth $25,000. GeoWealth Management LLC grew its stake in shares of US Foods by 94.5% during the 4th quarter. GeoWealth Management LLC now owns 389 shares of the company's stock worth $26,000 after purchasing an additional 189 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of US Foods by 59.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock worth $32,000 after purchasing an additional 178 shares during the period. Legacy Investment Solutions LLC acquired a new position in shares of US Foods during the 4th quarter worth $32,000. Finally, True Wealth Design LLC grew its stake in shares of US Foods by 153.6% during the 4th quarter. True Wealth Design LLC now owns 492 shares of the company's stock worth $33,000 after purchasing an additional 298 shares during the period. Institutional investors and hedge funds own 98.76% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on USFD shares. Morgan Stanley upped their price target on shares of US Foods from $81.00 to $84.00 and gave the stock an "overweight" rating in a research note on Friday, May 9th. Barclays upped their price target on shares of US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Truist Financial upped their price target on shares of US Foods from $78.00 to $80.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. Wall Street Zen raised shares of US Foods from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Finally, Piper Sandler increased their price objective on shares of US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a research note on Tuesday, February 18th. One 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. According to MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $75.92.

US Foods Trading Down 0.2%

Shares of USFD traded down $0.19 during mid-day trading on Wednesday, hitting $77.41. The company had a trading volume of 403,277 shares, compared to its average volume of 2,024,339. The business's 50-day simple moving average is $67.43 and its 200-day simple moving average is $68.25. 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 Holding Corp. has a 1-year low of $50.05 and a 1-year high of $78.18. The stock has a market cap of $17.91 billion, a PE ratio of 38.32, a P/E/G ratio of 1.03 and a beta of 1.35.

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

Insider Activity at US Foods

In other US Foods news, EVP Dirk J. Locascio sold 15,000 shares of US Foods stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $75.00, for a total value 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. The trade was a 11.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.60% of the stock is currently owned by insiders.

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.