Sapience Investments LLC Sells 14,160 Shares of US Foods Holding Corp. (NYSE:USFD)

Sapience Investments LLC trimmed its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 27.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,436 shares of the company's stock after selling 14,160 shares during the period. US Foods comprises approximately 1.5% of Sapience Investments LLC's portfolio, making the stock its 27th largest position. Sapience Investments LLC's holdings in US Foods were worth $2,525,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Boston Partners lifted its stake in shares of US Foods by 0.6% in the 4th quarter. Boston Partners now owns 12,744,006 shares of the company's stock valued at $860,460,000 after acquiring an additional 77,012 shares during the last quarter. JPMorgan Chase & Co. increased its stake in US Foods by 7.3% in the 4th quarter. JPMorgan Chase & Co. now owns 4,304,310 shares of the company's stock worth $290,369,000 after purchasing an additional 292,404 shares during the period. Norges Bank bought a new stake in US Foods in the fourth quarter valued at approximately $211,300,000. Artisan Partners Limited Partnership bought a new stake in US Foods in the fourth quarter valued at approximately $171,107,000. Finally, Ameriprise Financial Inc. boosted its stake in shares of US Foods by 1.7% during the fourth quarter. Ameriprise Financial Inc. now owns 2,136,356 shares of the company's stock valued at $144,119,000 after purchasing an additional 36,307 shares during the period. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on USFD shares. JPMorgan Chase & Co. upped their price target on shares of US Foods from $70.00 to $82.00 and gave the company a "neutral" rating in a report on Tuesday. Morgan Stanley boosted their price objective on shares of US Foods from $81.00 to $84.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. Guggenheim reaffirmed a "buy" rating and set a $80.00 price objective on shares of US Foods in a research note on Monday, May 12th. StockNews.com upgraded shares of US Foods from a "buy" rating to a "strong-buy" rating in a report on Tuesday, May 13th. Finally, Truist Financial boosted their price target on US Foods from $78.00 to $80.00 and gave the company a "buy" rating in a report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, US Foods has an average rating of "Buy" and a consensus target price of $74.18.

US Foods Stock Performance

Shares of USFD stock traded down $1.67 during trading hours on Wednesday, reaching $76.17. 1,759,994 shares of the company traded hands, compared to its average volume of 2,021,839. The firm has a 50-day moving average price of $66.30 and a 200 day moving average price of $67.85. The company has a market cap of $17.62 billion, a P/E ratio of 37.71, a P/E/G ratio of 1.03 and a beta of 1.35. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. US Foods Holding Corp. has a 12-month low of $50.05 and a 12-month high of $78.18.

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

Insider Activity

In other US Foods news, EVP Dirk J. Locascio sold 15,000 shares of the company's stock in a transaction that occurred on 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 completion of the transaction, the executive vice president now directly owns 115,077 shares in the company, valued at $8,630,775. This represents a 11.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 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.