US Foods Holding Corp. (NYSE:USFD) Shares Sold by Sapience Investments LLC

Sapience Investments LLC reduced its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 27.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,436 shares of the company's stock after selling 14,160 shares during the quarter. US Foods comprises 1.5% of Sapience Investments LLC's investment portfolio, making the stock its 27th biggest position. Sapience Investments LLC's holdings in US Foods were worth $2,525,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Wedmont Private Capital bought a new position in shares of US Foods during the 4th quarter valued at $200,000. Assenagon Asset Management S.A. lifted its position in US Foods by 94.9% in the fourth quarter. Assenagon Asset Management S.A. now owns 407,611 shares of the company's stock valued at $27,497,000 after purchasing an additional 198,432 shares during the last quarter. Park Avenue Securities LLC boosted its stake in shares of US Foods by 11.9% during the fourth quarter. Park Avenue Securities LLC now owns 7,147 shares of the company's stock valued at $482,000 after purchasing an additional 762 shares during the period. Legacy Wealth Asset Management LLC grew its holdings in shares of US Foods by 4.0% in the fourth quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company's stock worth $279,000 after purchasing an additional 160 shares during the last quarter. Finally, Eagle Rock Investment Company LLC purchased a new position in shares of US Foods in the fourth quarter worth $1,325,000. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at US Foods

In related news, EVP Dirk J. Locascio sold 15,000 shares of US Foods stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $75.00, for a total value of $1,125,000.00. Following the sale, the executive vice president now directly owns 115,077 shares in the company, valued at approximately $8,630,775. The trade was a 11.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.60% of the company's stock.

Analyst Ratings Changes

USFD has been the topic of a number of research analyst reports. Piper Sandler upped their target price on US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a report on Tuesday, February 18th. Guggenheim reissued a "buy" rating and issued a $80.00 price target on shares of US Foods in a research report on Monday, May 12th. UBS Group raised their price objective on US Foods from $83.00 to $84.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Truist Financial boosted their target price on US Foods from $78.00 to $80.00 and gave the stock a "buy" rating in a report on Friday, February 14th. Finally, Morgan Stanley increased their target price on US Foods from $81.00 to $84.00 and gave the stock an "overweight" rating in a research note on Friday, May 9th. One equities research analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $74.18.

US Foods Trading Down 0.1%

NYSE USFD traded down $0.06 during trading hours on Thursday, hitting $76.07. 439,231 shares of the company were exchanged, compared to its average volume of 2,019,153. The stock has a market cap of $17.60 billion, a PE ratio of 37.63, a price-to-earnings-growth ratio of 1.03 and a beta of 1.35. US Foods Holding Corp. has a 52 week low of $50.05 and a 52 week high of $78.83. The stock has a 50-day moving average price of $66.52 and a 200 day moving average price of $67.91. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06.

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

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.