Redwood Investment Management LLC Has $5.10 Million Stake in US Foods Holding Corp. (NYSE:USFD)

Redwood Investment Management LLC raised its stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 178.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,653 shares of the company's stock after buying an additional 48,448 shares during the period. Redwood Investment Management LLC's holdings in US Foods were worth $5,104,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. EntryPoint Capital LLC acquired a new position in shares of US Foods during the 4th quarter worth about $357,000. Longbow Finance SA bought a new position in US Foods in the 4th quarter worth approximately $9,001,000. Avantax Advisory Services Inc. lifted its holdings in shares of US Foods by 121.6% during the fourth quarter. Avantax Advisory Services Inc. now owns 11,131 shares of the company's stock worth $751,000 after buying an additional 6,108 shares during the last quarter. Merit Financial Group LLC bought a new stake in shares of US Foods in the fourth quarter valued at approximately $413,000. Finally, Westover Capital Advisors LLC boosted its position in shares of US Foods by 199.2% in the fourth quarter. Westover Capital Advisors LLC now owns 25,722 shares of the company's stock valued at $1,735,000 after acquiring an additional 17,125 shares during the period. Institutional investors and hedge funds own 98.76% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on USFD shares. Piper Sandler boosted their target price on shares of US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 18th. Barclays boosted their price objective on shares of US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. StockNews.com upgraded shares of US Foods from a "buy" rating to a "strong-buy" rating in a research note on Tuesday. Truist Financial lifted their target price on US Foods from $78.00 to $80.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. Finally, Morgan Stanley upped their price target on US Foods from $81.00 to $84.00 and gave the company an "overweight" rating in a report on Friday, May 9th. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $73.00.

US Foods Stock Up 1.0%

Shares of USFD opened at $74.56 on Thursday. 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 has a 50-day moving average price of $65.30 and a two-hundred day moving average price of $67.38. The stock has a market cap of $17.19 billion, a price-to-earnings ratio of 36.91, a P/E/G ratio of 1.03 and a beta of 1.35. US Foods Holding Corp. has a 12 month low of $50.05 and a 12 month high of $75.00.

US Foods (NYSE:USFD - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.68 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.01). The company had revenue of $9.35 billion for the quarter, compared to the consensus estimate of $9.42 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. US Foods's quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.54 EPS. Equities analysts predict that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Insider Buying and Selling at US Foods

In other news, Director David W. Bullock acquired 4,000 shares of the company'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 acquisition, the director now owns 4,500 shares in the company, valued at approximately $319,770. This represents a 800.00% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.60% of the company's stock.

US Foods 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.

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