Jacobs Levy Equity Management Inc. Grows Stake in US Foods Holding Corp. (NYSE:USFD)

Jacobs Levy Equity Management Inc. grew its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 29.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 114,958 shares of the company's stock after buying an additional 26,406 shares during the quarter. Jacobs Levy Equity Management Inc.'s holdings in US Foods were worth $7,755,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Wedmont Private Capital acquired a new position in US Foods during the 4th quarter valued at about $200,000. Pallas Capital Advisors LLC acquired a new position in US Foods during the 4th quarter valued at about $451,000. Assenagon Asset Management S.A. increased its position in US Foods by 94.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 407,611 shares of the company's stock valued at $27,497,000 after buying an additional 198,432 shares in the last quarter. Park Avenue Securities LLC increased its position in US Foods by 11.9% during the 4th quarter. Park Avenue Securities LLC now owns 7,147 shares of the company's stock valued at $482,000 after buying an additional 762 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC increased its position in US Foods by 4.0% during the 4th quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company's stock valued at $279,000 after buying an additional 160 shares in the last quarter. 98.76% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. StockNews.com raised US Foods from a "buy" rating to a "strong-buy" rating in a report on Tuesday, May 13th. Piper Sandler increased their price target on US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 18th. UBS Group increased their price target on US Foods from $83.00 to $84.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Barclays raised their target price on US Foods from $82.00 to $85.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Finally, Morgan Stanley lifted their price objective on US Foods from $81.00 to $84.00 and gave the stock an "overweight" rating in a research report on Friday, May 9th. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, US Foods presently has an average rating of "Buy" and a consensus price target of $73.00.

Insider Activity at US Foods

In related news, Director David W. Bullock acquired 4,000 shares of US Foods stock in a transaction 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 directly owns 4,500 shares in the company, valued at approximately $319,770. The trade was a 800.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.60% of the company's stock.

US Foods Trading Up 1.1%

Shares of NYSE USFD traded up $0.84 during trading on Friday, reaching $76.64. The stock had a trading volume of 2,833,238 shares, compared to its average volume of 2,016,208. US Foods Holding Corp. has a fifty-two week low of $50.05 and a fifty-two week high of $76.92. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. The business's 50-day moving average price is $65.78 and its 200-day moving average price is $67.63. The company has a market cap of $17.73 billion, a P/E ratio of 37.94, a PEG ratio of 1.03 and a beta of 1.35.

US Foods (NYSE:USFD - Get Free Report) last issued its quarterly 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). 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 for the quarter, compared to analysts' expectations of $9.42 billion. During the same quarter last year, the company earned $0.54 EPS. US Foods's revenue for the quarter was up 4.5% compared to the same quarter last year. On average, equities research analysts predict that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

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.