Oak Thistle LLC bought a new stake in US Foods Holding Corp. (NYSE:USFD - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 36,098 shares of the company's stock, valued at approximately $1,639,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. acquired a new stake in US Foods in the fourth quarter worth approximately $30,000. NewEdge Advisors LLC grew its holdings in US Foods by 67.4% during the first quarter. NewEdge Advisors LLC now owns 708 shares of the company's stock worth $26,000 after acquiring an additional 285 shares during the period. KB Financial Partners LLC bought a new stake in US Foods in the first quarter worth about $34,000. Anchor Investment Management LLC acquired a new stake in US Foods in the 4th quarter valued at about $47,000. Finally, Fifth Third Bancorp boosted its position in shares of US Foods by 36.1% during the 3rd quarter. Fifth Third Bancorp now owns 1,191 shares of the company's stock valued at $47,000 after purchasing an additional 316 shares in the last quarter. Institutional investors own 98.76% of the company's stock.
Wall Street Analyst Weigh In
Several analysts recently commented on USFD shares. UBS Group raised shares of US Foods from a "neutral" rating to a "buy" rating and increased their target price for the company from $47.00 to $64.00 in a research note on Tuesday, February 20th. JPMorgan Chase & Co. raised their price objective on US Foods from $50.00 to $52.00 and gave the stock a "neutral" rating in a research note on Tuesday, March 19th. BMO Capital Markets boosted their target price on US Foods from $50.00 to $58.00 and gave the stock an "outperform" rating in a research report on Friday, February 16th. BTIG Research lifted their price target on US Foods from $52.00 to $62.00 and gave the stock a "buy" rating in a research note on Tuesday, March 19th. Finally, Piper Sandler raised shares of US Foods from a "neutral" rating to an "overweight" rating and upped their price objective for the company from $45.00 to $59.00 in a research note on Tuesday, February 20th. One research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, US Foods has a consensus rating of "Buy" and a consensus target price of $54.42.
View Our Latest Research Report on USFD
US Foods Stock Up 0.4 %
Shares of US Foods stock traded up $0.21 during trading on Monday, hitting $54.18. 2,363,739 shares of the stock traded hands, compared to its average volume of 1,684,355. The company has a fifty day moving average price of $50.34 and a two-hundred day moving average price of $45.00. US Foods Holding Corp. has a twelve month low of $35.66 and a twelve month high of $54.94. The stock has a market cap of $13.27 billion, a P/E ratio of 26.82, a PEG ratio of 0.90 and a beta of 1.58. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.78 and a current ratio of 1.30.
US Foods (NYSE:USFD - Get Free Report) last posted its earnings results on Thursday, February 15th. The company reported $0.60 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.04). The business had revenue of $8.94 billion during the quarter, compared to the consensus estimate of $8.81 billion. US Foods had a return on equity of 13.41% and a net margin of 1.42%. Equities research analysts predict that US Foods Holding Corp. will post 2.91 EPS for the current fiscal year.
Insider Activity
In related news, EVP David A. Rickard sold 50,000 shares of the business's stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $52.52, for a total value of $2,626,000.00. Following the completion of the sale, the executive vice president now directly owns 148,561 shares in the company, valued at approximately $7,802,423.72. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.00% of the stock is currently owned by insiders.
About US Foods
(
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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