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Graham Capital Management L.P. Takes $4.08 Million Position in US Foods Holding Corp. (NYSE:USFD)

US Foods logo with Consumer Staples background

Graham Capital Management L.P. bought 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 disclosure with the SEC. The fund bought 60,454 shares of the company's stock, valued at approximately $4,078,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Boston Partners lifted its holdings in shares of US Foods by 0.6% during the fourth quarter. Boston Partners now owns 12,744,006 shares of the company's stock worth $860,460,000 after buying an additional 77,012 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of US Foods by 7.3% during the fourth quarter. JPMorgan Chase & Co. now owns 4,304,310 shares of the company's stock worth $290,369,000 after buying an additional 292,404 shares in the last quarter. Norges Bank acquired a new stake in shares of US Foods during the fourth quarter worth $211,300,000. Artisan Partners Limited Partnership acquired a new stake in shares of US Foods during the fourth quarter worth $171,107,000. Finally, Ameriprise Financial Inc. lifted its holdings in shares of US Foods by 1.7% during the fourth quarter. Ameriprise Financial Inc. now owns 2,136,356 shares of the company's stock worth $144,119,000 after buying an additional 36,307 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company's stock.

Insider Buying and Selling

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 shares were acquired at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the transaction, the director now directly owns 4,500 shares of the company's stock, valued at approximately $319,770. The trade was a 800.00% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on USFD shares. Piper Sandler lifted their price objective on US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a report on Tuesday, February 18th. Morgan Stanley lifted their price objective on US Foods from $81.00 to $84.00 and gave the company an "overweight" rating in a report on Friday, May 9th. UBS Group lifted their price objective on US Foods from $83.00 to $84.00 and gave the company a "buy" rating in a report on Friday, May 9th. Guggenheim reaffirmed a "buy" rating and issued a $80.00 price objective on shares of US Foods in a report on Monday. Finally, Truist Financial lifted their price objective 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 issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, US Foods currently has an average rating of "Buy" and an average target price of $73.00.

Check Out Our Latest Stock Report on USFD

US Foods Price Performance

Shares of US Foods stock traded up $0.72 during trading on Wednesday, reaching $74.56. 2,110,822 shares of the company's stock were exchanged, compared to its average volume of 2,011,800. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. US Foods Holding Corp. has a 1-year low of $50.05 and a 1-year high of $74.99. The company has a market cap of $17.19 billion, a P/E ratio of 36.91, a PEG ratio of 1.03 and a beta of 1.35. The firm's 50-day moving average price is $65.30 and its 200 day moving average price is $67.38.

US Foods (NYSE:USFD - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.68 EPS for the quarter, missing analysts' consensus estimates 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%. US Foods's quarterly revenue was up 4.5% on a year-over-year basis. During the same period last year, the firm posted $0.54 EPS. As a group, research analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

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.

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Institutional Ownership by Quarter for US Foods (NYSE:USFD)

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