US Foods Holding Corp. (NYSE:USFD) Given Consensus Rating of "Buy" by Brokerages

Shares of US Foods Holding Corp. (NYSE:USFD - Get Free Report) have been given an average recommendation of "Buy" by the thirteen analysts that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation, ten have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $77.00.

A number of equities analysts have recently weighed in on USFD shares. UBS Group lifted their price target on shares of US Foods from $83.00 to $84.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. JPMorgan Chase & Co. lifted their target price on US Foods from $82.00 to $85.00 and gave the stock a "neutral" rating in a report on Wednesday. Guggenheim restated a "buy" rating and issued a $80.00 price target on shares of US Foods in a report on Monday, May 12th. Citigroup initiated coverage on US Foods in a research report on Thursday, May 22nd. They set a "buy" rating and a $95.00 price target on the stock. Finally, Barclays boosted their price objective on US Foods from $85.00 to $95.00 and gave the company an "overweight" rating in a research report on Wednesday, June 4th.

Insiders Place Their Bets

In other news, EVP Dirk J. Locascio sold 15,000 shares of the stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $75.00, for a total transaction 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 filing with the SEC, which is available at the SEC website. Insiders own 0.60% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of USFD. SageView Advisory Group LLC raised its stake in shares of US Foods by 3.9% during the 1st quarter. SageView Advisory Group LLC now owns 4,096 shares of the company's stock worth $268,000 after purchasing an additional 153 shares in the last quarter. Kesler Norman & Wride LLC increased its holdings in US Foods by 1.3% during the first quarter. Kesler Norman & Wride LLC now owns 12,555 shares of the company's stock worth $822,000 after buying an additional 160 shares during the last quarter. Arizona State Retirement System raised its position in US Foods by 0.3% during the fourth quarter. Arizona State Retirement System now owns 67,426 shares of the company's stock worth $4,549,000 after acquiring an additional 170 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in US Foods by 59.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock valued at $32,000 after acquiring an additional 178 shares during the last quarter. Finally, GeoWealth Management LLC lifted its stake in US Foods by 94.5% in the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company's stock valued at $26,000 after acquiring an additional 189 shares during the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

US Foods Trading Down 0.7%

NYSE:USFD traded down $0.51 during mid-day trading on Friday, hitting $76.18. The company had a trading volume of 1,382,641 shares, compared to its average volume of 2,015,235. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.74 and a current ratio of 1.17. US Foods has a fifty-two week low of $50.05 and a fifty-two week high of $79.64. The firm has a market cap of $17.62 billion, a P/E ratio of 34.94, a P/E/G ratio of 1.10 and a beta of 1.44. The business's fifty day moving average is $72.93 and its two-hundred day moving average is $69.44.

US Foods (NYSE:USFD - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.69 by ($0.01). The firm had revenue of $9.35 billion during the quarter, compared to analyst estimates of $9.42 billion. US Foods had a net margin of 1.38% and a return on equity of 15.58%. The business's revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.54 earnings per share. As a group, research analysts expect that US Foods will post 3.59 earnings per share for the current 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.