Stifel Financial Corp Acquires 4,962 Shares of US Foods Holding Corp. (NYSE:USFD)

Stifel Financial Corp raised its stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 36.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 18,419 shares of the company's stock after purchasing an additional 4,962 shares during the period. Stifel Financial Corp's holdings in US Foods were worth $1,243,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Legacy Wealth Asset Management LLC lifted its stake 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 acquiring an additional 160 shares during the period. Arizona State Retirement System raised its holdings in US Foods by 0.3% during the 4th quarter. Arizona State Retirement System now owns 67,426 shares of the company's stock worth $4,549,000 after purchasing an additional 170 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of US Foods by 59.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock worth $32,000 after purchasing an additional 178 shares during the period. GeoWealth Management LLC boosted its stake in shares of US Foods by 94.5% in the 4th quarter. GeoWealth Management LLC now owns 389 shares of the company's stock valued at $26,000 after purchasing an additional 189 shares during the last quarter. Finally, Vestcor Inc increased its position in shares of US Foods by 1.0% during the fourth quarter. Vestcor Inc now owns 20,200 shares of the company's stock worth $1,363,000 after buying an additional 195 shares during the period. 98.76% of the stock is owned by institutional investors and hedge funds.

US Foods Stock Down 0.2 %

Shares of US Foods stock traded down $0.17 during trading hours on Friday, reaching $71.64. The company's stock had a trading volume of 2,526,434 shares, compared to its average volume of 2,005,294. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. The stock's fifty day simple moving average is $64.89 and its two-hundred day simple moving average is $67.15. The company has a market capitalization of $16.51 billion, a P/E ratio of 35.47, a P/E/G ratio of 1.03 and a beta of 1.35. US Foods Holding Corp. has a one year low of $50.05 and a one year high of $73.19.

US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.69 by ($0.01). The company had revenue of $9.35 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the firm posted $0.54 EPS. On average, research analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have commented on USFD. Piper Sandler upped their price target on shares of US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a research report on Tuesday, February 18th. UBS Group upped their target price on US Foods from $83.00 to $84.00 and gave the company a "buy" rating in a research report on Friday. StockNews.com downgraded US Foods from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Morgan Stanley boosted their price target on US Foods from $81.00 to $84.00 and gave the company an "overweight" rating in a research note on Friday. Finally, Guggenheim reaffirmed a "buy" rating and set a $80.00 price objective on shares of US Foods in a research report on Monday, April 14th. One equities research analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $72.08.

Insider Buying and Selling at US Foods

In other news, Director David W. Bullock bought 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was bought at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the completion of the acquisition, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. This trade represents a 800.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed 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.