Gotham Asset Management LLC lifted its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 7.2% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 120,075 shares of the company's stock after acquiring an additional 8,085 shares during the period. Gotham Asset Management LLC owned approximately 0.05% of US Foods worth $8,100,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of USFD. Graham Capital Management L.P. acquired a new stake in shares of US Foods during the fourth quarter worth about $4,078,000. Ground Swell Capital LLC acquired a new stake in shares of US Foods during the fourth quarter worth about $243,000. Focus Partners Wealth lifted its holdings in shares of US Foods by 15.3% during the fourth quarter. Focus Partners Wealth now owns 75,308 shares of the company's stock worth $5,080,000 after purchasing an additional 9,968 shares during the period. Ethic Inc. lifted its holdings in shares of US Foods by 49.5% during the fourth quarter. Ethic Inc. now owns 43,781 shares of the company's stock worth $2,953,000 after purchasing an additional 14,489 shares during the period. Finally, FORA Capital LLC acquired a new stake in shares of US Foods during the fourth quarter worth about $1,212,000. Hedge funds and other institutional investors own 98.76% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on the company. UBS Group lifted their target price on US Foods from $83.00 to $84.00 and gave the stock a "buy" rating in a report on Friday, May 9th. Guggenheim reissued a "buy" rating and issued a $80.00 price target on shares of US Foods in a report on Monday, May 12th. Barclays boosted their price target on US Foods from $82.00 to $85.00 and gave the company an "overweight" rating in a report on Friday, February 14th. StockNews.com raised US Foods from a "buy" rating to a "strong-buy" rating in a report on Tuesday, May 13th. Finally, Truist Financial boosted their price target on US Foods from $78.00 to $80.00 and gave the company a "buy" rating in a report on Friday, February 14th. One analyst has rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, US Foods has a consensus rating of "Buy" and a consensus target price of $73.00.
Get Our Latest Analysis on USFD
US Foods Price Performance
Shares of USFD stock traded up $0.84 during trading hours on Friday, hitting $76.64. 2,833,238 shares of the company's stock were exchanged, compared to its average volume of 2,016,208. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. The firm has a market cap of $17.73 billion, a P/E ratio of 37.94, a P/E/G ratio of 1.03 and a beta of 1.35. The firm has a 50 day moving average of $65.78 and a two-hundred day moving average of $67.67. US Foods Holding Corp. has a fifty-two week low of $50.05 and a fifty-two week high of $76.92.
US Foods (NYSE:USFD - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.69 by ($0.01). The business had revenue of $9.35 billion for the quarter, compared to analyst estimates of $9.42 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. The company's quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.54 earnings per share. Sell-side analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current year.
Insider Activity at US Foods
In other news, Director David W. Bullock acquired 4,000 shares of US Foods stock in a transaction that occurred on Tuesday, February 18th. The stock was purchased at an average cost of $71.06 per share, with a total value of $284,240.00. Following the purchase, the director now owns 4,500 shares in the company, valued at $319,770. This trade represents a 800.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.60% of the stock is owned by corporate insiders.
About US Foods
(
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.
Further Reading
Before you consider US Foods, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and US Foods wasn't on the list.
While US Foods currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
