MGO One Seven LLC Boosts Stake in US Foods Holding Corp. (NYSE:USFD)

MGO One Seven LLC raised its stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 172.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 23,982 shares of the company's stock after acquiring an additional 15,182 shares during the period. MGO One Seven LLC's holdings in US Foods were worth $1,618,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Legacy Wealth Asset Management LLC lifted its holdings in US Foods by 4.0% in the 4th quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company's stock worth $279,000 after buying an additional 160 shares during the period. Arizona State Retirement System grew its holdings in shares of US Foods by 0.3% during the 4th quarter. Arizona State Retirement System now owns 67,426 shares of the company's stock worth $4,549,000 after acquiring an additional 170 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of US Foods by 59.5% during the fourth 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. GeoWealth Management LLC grew its position 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 during the period. Finally, Vestcor Inc boosted its stake in US Foods by 1.0% during the fourth quarter. Vestcor Inc now owns 20,200 shares of the company's stock worth $1,363,000 after acquiring an additional 195 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.

Insider Buying and Selling at US Foods

In other news, Director David W. Bullock purchased 4,000 shares of the company's stock in a transaction dated Tuesday, February 18th. The stock was acquired at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the completion of the transaction, the director now directly owns 4,500 shares in the company, valued at $319,770. This represents a 800.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 0.60% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Piper Sandler increased their price target 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. UBS Group boosted their price target on US Foods from $77.00 to $83.00 and gave the company a "buy" rating in a research note on Friday, February 14th. Morgan Stanley increased their price objective on shares of US Foods from $76.00 to $82.00 and gave the stock an "overweight" rating in a research note on Tuesday, January 21st. StockNews.com lowered shares of US Foods from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Finally, Barclays lifted their price target on shares of US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. One equities research analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $71.83.

US Foods Stock Down 0.2 %

NYSE:USFD traded down $0.11 during midday trading on Wednesday, reaching $65.15. The company had a trading volume of 173,276 shares, compared to its average volume of 1,979,790. US Foods Holding Corp. has a 12-month low of $50.05 and a 12-month high of $73.19. The firm has a market capitalization of $15.02 billion, a price-to-earnings ratio of 32.25, a PEG ratio of 1.03 and a beta of 1.38. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06. The stock's fifty day simple moving average is $65.30 and its 200-day simple moving average is $66.81.

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

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.