Marshall Wace LLP Purchases 17,187 Shares of US Foods Holding Corp. (NYSE:USFD)

Marshall Wace LLP increased its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 179.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,781 shares of the company's stock after acquiring an additional 17,187 shares during the quarter. Marshall Wace LLP's holdings in US Foods were worth $1,807,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of USFD. EverSource Wealth Advisors LLC grew its position in shares of US Foods by 59.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock valued at $32,000 after purchasing an additional 178 shares in the last quarter. Legacy Investment Solutions LLC bought a new position in US Foods in the 4th quarter worth about $32,000. R Squared Ltd purchased a new stake in shares of US Foods in the 4th quarter valued at about $34,000. Smartleaf Asset Management LLC grew its position in US Foods by 50.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 727 shares of the company's stock worth $49,000 after acquiring an additional 243 shares in the last quarter. Finally, J.Safra Asset Management Corp grew its holdings in shares of US Foods by 38.5% during the 4th quarter. J.Safra Asset Management Corp now owns 806 shares of the company's stock valued at $55,000 after purchasing an additional 224 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.

Analyst Ratings Changes

Several brokerages have weighed in on USFD. Guggenheim reiterated a "buy" rating and issued a $80.00 price objective on shares of US Foods in a research report on Monday, April 14th. UBS Group raised their price target on shares of US Foods from $77.00 to $83.00 and gave the stock a "buy" rating in a report on Friday, February 14th. Barclays raised their price target on US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Piper Sandler upped their price objective on shares of US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a report on Tuesday, February 18th. Finally, Morgan Stanley lifted their target price on shares of US Foods from $76.00 to $82.00 and gave the company an "overweight" rating in a research note on Tuesday, January 21st. One analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, US Foods presently has an average rating of "Buy" and an average price target of $71.83.

US Foods Stock Performance

USFD traded up $0.36 during mid-day trading on Wednesday, reaching $65.62. 1,557,107 shares of the company traded hands, compared to its average volume of 1,985,215. The stock has a market capitalization of $15.13 billion, a P/E ratio of 32.49, a P/E/G 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 quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. The company's fifty day moving average price is $65.17 and its 200-day moving average price is $66.80.

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

Insider Activity at US Foods

In related news, Director David W. Bullock bought 4,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the completion of the transaction, the director now owns 4,500 shares of the company's stock, valued at approximately $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.60% of the stock is currently owned by company insiders.

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.