LMR Partners LLP Purchases 40,000 Shares of US Foods Holding Corp. (NYSE:USFD)

LMR Partners LLP lifted its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 16.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 286,813 shares of the company's stock after purchasing an additional 40,000 shares during the quarter. LMR Partners LLP owned 0.12% of US Foods worth $19,348,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Colonial Trust Co SC purchased a new position in US Foods during the fourth quarter valued at approximately $25,000. GeoWealth Management LLC raised its holdings in shares of US Foods by 94.5% in the 4th quarter. GeoWealth Management LLC now owns 389 shares of the company's stock worth $26,000 after buying an additional 189 shares in the last quarter. Legacy Investment Solutions LLC acquired a new position in US Foods in the fourth quarter valued at about $32,000. EverSource Wealth Advisors LLC increased its stake in shares of US Foods by 59.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock valued at $32,000 after buying an additional 178 shares in the last quarter. Finally, R Squared Ltd bought a new position in US Foods in the 4th quarter worth approximately $34,000. Institutional investors and hedge funds own 98.76% of the company's stock.

Insider Activity

In other US Foods news, Director David W. Bullock purchased 4,000 shares of the company's stock in a transaction dated Tuesday, February 18th. The stock was purchased at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the transaction, the director now owns 4,500 shares in the company, valued at $319,770. The trade was a 800.00% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.60% of the stock is owned by company insiders.

US Foods Stock Up 1.2%

Shares of US Foods stock traded up $0.88 during trading hours on Thursday, reaching $75.79. The company's stock had a trading volume of 1,959,077 shares, compared to its average volume of 2,013,583. The company has a market capitalization of $17.47 billion, a P/E ratio of 37.52, a P/E/G ratio of 1.03 and a beta of 1.35. 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 one year low of $50.05 and a one year high of $77.55. The stock's fifty day simple moving average is $65.54 and its two-hundred day simple moving average is $67.49.

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

Wall Street Analysts Forecast Growth

USFD has been the subject of several recent analyst reports. Piper Sandler upped their target price 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. Truist Financial raised 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. Morgan Stanley raised their target price on shares of US Foods from $81.00 to $84.00 and gave the stock an "overweight" rating in a report on Friday, May 9th. StockNews.com upgraded US Foods from a "buy" rating to a "strong-buy" rating in a research note on Tuesday. Finally, Barclays raised their price objective on shares of US Foods from $82.00 to $85.00 and gave the company an "overweight" 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 given a strong buy rating to the company. According to data from MarketBeat, US Foods presently has a consensus rating of "Buy" and a consensus price target of $73.00.

US Foods Company 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.