Guggenheim Capital LLC Sells 5,294 Shares of US Foods Holding Corp. (NYSE:USFD)

Guggenheim Capital LLC trimmed its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 19.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,314 shares of the company's stock after selling 5,294 shares during the quarter. Guggenheim Capital LLC's holdings in US Foods were worth $1,438,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in USFD. Mariner LLC grew its position in shares of US Foods by 4.4% in the 4th quarter. Mariner LLC now owns 22,619 shares of the company's stock valued at $1,526,000 after buying an additional 943 shares during the last quarter. Barclays PLC raised its holdings in shares of US Foods by 44.7% in the 4th quarter. Barclays PLC now owns 236,607 shares of the company's stock worth $15,960,000 after acquiring an additional 73,050 shares during the last quarter. Synovus Financial Corp purchased a new position in shares of US Foods during the fourth quarter valued at approximately $381,000. Seeds Investor LLC grew its stake in shares of US Foods by 4.1% in the 4th quarter. Seeds Investor LLC now owns 8,551 shares of the company's stock worth $577,000 after acquiring an additional 333 shares in the last quarter. Finally, Legacy Investment Solutions LLC bought a new stake in US Foods in the 4th quarter worth about $32,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Stock Performance

USFD stock traded down $0.22 during midday trading on Friday, reaching $64.41. 1,069,525 shares of the company's stock traded hands, compared to its average volume of 1,985,302. The stock's 50-day moving average is $65.44 and its 200 day moving average is $66.78. The stock has a market cap of $14.85 billion, a P/E ratio of 31.89, a PEG ratio of 1.03 and a beta of 1.38. US Foods Holding Corp. has a 52-week low of $50.05 and a 52-week high of $73.19. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06.

US Foods (NYSE:USFD - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.01). The company had revenue of $9.49 billion for the quarter, compared to analysts' expectations of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. As a group, analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current year.

Insiders Place Their Bets

In other US Foods news, Director David W. Bullock bought 4,000 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average price of $71.06 per share, with a total value of $284,240.00. Following the purchase, the director now owns 4,500 shares of the company's stock, valued at $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.60% of the company's stock.

Analyst Ratings Changes

A number of research firms recently issued reports on USFD. Truist Financial raised their price objective on shares of US Foods from $78.00 to $80.00 and gave the stock a "buy" rating in a report on Friday, February 14th. Piper Sandler raised their target price on US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 18th. Guggenheim restated a "buy" rating and set a $80.00 price target on shares of US Foods in a research report on Monday, April 14th. UBS Group raised their target price on shares of US Foods from $77.00 to $83.00 and gave the company a "buy" rating in a research note on Friday, February 14th. Finally, StockNews.com lowered US Foods from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. One equities research analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $71.83.

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.