Quantessence Capital LLC purchased a new stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 4,100 shares of the company's stock, valued at approximately $277,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Massar Capital Management LP acquired a new stake in shares of US Foods during the 4th quarter worth approximately $3,880,000. Hsbc Holdings PLC boosted its stake in shares of US Foods by 4,602.0% in the 4th quarter. Hsbc Holdings PLC now owns 372,211 shares of the company's stock valued at $25,193,000 after purchasing an additional 364,295 shares during the last quarter. Stifel Financial Corp increased its position in shares of US Foods by 36.9% during the fourth quarter. Stifel Financial Corp now owns 18,419 shares of the company's stock worth $1,243,000 after buying an additional 4,962 shares during the period. State of Tennessee Department of Treasury lifted its holdings in US Foods by 1.7% in the fourth quarter. State of Tennessee Department of Treasury now owns 86,898 shares of the company's stock valued at $5,862,000 after buying an additional 1,474 shares during the period. Finally, Tower Research Capital LLC TRC boosted its position in US Foods by 183.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 17,036 shares of the company's stock valued at $1,149,000 after acquiring an additional 11,031 shares during the last quarter. 98.76% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of equities research analysts have weighed in on USFD shares. Barclays lifted their target price on US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Piper Sandler upped their target price on shares of US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 18th. Truist Financial lifted their target price 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. UBS Group upped their price objective on US Foods from $77.00 to $83.00 and gave the company a "buy" rating in a research note on Friday, February 14th. Finally, Morgan Stanley boosted their price target on shares of US Foods from $76.00 to $82.00 and gave the stock an "overweight" rating in a report on Tuesday, January 21st. One investment analyst has rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $71.83.
Read Our Latest Stock Report on US Foods
US Foods Trading Down 0.2 %
NYSE USFD traded down $0.14 during trading on Monday, hitting $64.25. 317,776 shares of the company's stock traded hands, compared to its average volume of 2,218,638. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. The stock has a fifty day moving average of $65.44 and a two-hundred day moving average of $66.78. The firm has a market cap of $14.81 billion, a P/E ratio of 31.80, a PEG ratio of 1.03 and a beta of 1.38. US Foods Holding Corp. has a 12-month low of $50.05 and a 12-month high of $73.19.
US Foods (NYSE:USFD - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.78 earnings per share 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 for the quarter, compared to the consensus estimate of $9.47 billion. As a group, sell-side analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current year.
Insider Buying and Selling at US Foods
In other US Foods news, Director David W. Bullock purchased 4,000 shares of the company's stock in a transaction on Tuesday, February 18th. The stock was acquired at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the purchase, the director now directly owns 4,500 shares of the company's stock, valued at $319,770. This trade represents a 800.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.60% of the stock is currently owned by corporate 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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