LMR Partners LLP increased its stake in US Foods Holding Corp. (NYSE:USFD - Free Report) by 16.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 286,813 shares of the company's stock after buying an additional 40,000 shares during the period. LMR Partners LLP owned 0.12% of US Foods worth $19,348,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in the stock. Colonial Trust Co SC acquired a new stake in US Foods in the 4th quarter worth approximately $25,000. GeoWealth Management LLC boosted its stake in 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 purchasing an additional 189 shares in the last quarter. Legacy Investment Solutions LLC acquired a new stake in US Foods in the 4th quarter worth approximately $32,000. EverSource Wealth Advisors LLC boosted its stake in US Foods by 59.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock worth $32,000 after purchasing an additional 178 shares in the last quarter. Finally, R Squared Ltd acquired a new stake in US Foods in the 4th quarter worth approximately $34,000. Hedge funds and other institutional investors own 98.76% of the company's stock.
US Foods Price Performance
US Foods stock traded up $0.84 during midday trading on Friday, reaching $76.64. 2,833,238 shares of the company were exchanged, compared to its average volume of 2,016,240. The company has a market capitalization of $17.67 billion, a price-to-earnings ratio of 37.94, a P/E/G ratio of 1.03 and a beta of 1.35. The firm's 50-day simple moving average is $65.78 and its 200-day simple moving average is $67.59. US Foods Holding Corp. has a 1 year low of $50.05 and a 1 year 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.
US Foods (NYSE:USFD - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.68 EPS for the quarter, missing analysts' consensus estimates of $0.69 by ($0.01). The company had revenue of $9.35 billion for the quarter, compared to analysts' expectations of $9.42 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. The company's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.54 EPS. On average, 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 purchased 4,000 shares of the firm's stock in a transaction dated Tuesday, February 18th. The stock was bought at an average price of $71.06 per share, with a total value of $284,240.00. Following the completion of 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.60% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
USFD has been the subject of a number of recent research reports. StockNews.com raised shares of US Foods from a "buy" rating to a "strong-buy" rating in a research report on Tuesday. Barclays raised their price target on shares of US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. Truist Financial raised their price target on shares of US Foods from $78.00 to $80.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. Piper Sandler lifted their target price on shares of US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a report on Tuesday, February 18th. Finally, Morgan Stanley lifted their target price on shares of US Foods from $81.00 to $84.00 and gave the company an "overweight" rating in a report on Friday, May 9th. One research 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 stock. According to data from MarketBeat, US Foods presently has a consensus rating of "Buy" and a consensus target price of $73.00.
Read Our Latest Research Report on US Foods
US Foods Profile
(
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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