US Foods Holding Corp. (NYSE:USFD) Shares Purchased by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. increased its position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 40.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,190,064 shares of the company's stock after purchasing an additional 344,542 shares during the period. Balyasny Asset Management L.P. owned 0.51% of US Foods worth $80,282,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of USFD. Boston Partners lifted its position in shares of US Foods by 0.6% in the fourth 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 in the last quarter. JPMorgan Chase & Co. boosted its position in shares of US Foods by 7.3% during the fourth quarter. JPMorgan Chase & Co. now owns 4,304,310 shares of the company's stock worth $290,369,000 after acquiring an additional 292,404 shares during the last quarter. Norges Bank purchased a new position in US Foods during the fourth quarter valued at $211,300,000. Artisan Partners Limited Partnership purchased a new stake in US Foods in the 4th quarter worth $171,107,000. Finally, Ameriprise Financial Inc. boosted its holdings in shares of US Foods by 1.7% during the 4th 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 last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.

Insider Buying and Selling at US Foods

In related news, Director David W. Bullock purchased 4,000 shares of US Foods stock in a transaction dated Tuesday, February 18th. The stock was purchased at an average cost of $71.06 per share, with a total value of $284,240.00. Following the transaction, the director now owns 4,500 shares in the company, valued at approximately $319,770. The trade was a 800.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.60% of the company's stock.

US Foods Trading Down 0.2 %

Shares of NYSE USFD traded down $0.17 during mid-day trading on Friday, reaching $71.64. The company had a trading volume of 2,526,434 shares, compared to its average volume of 2,009,668. The stock has a market cap of $16.51 billion, a price-to-earnings ratio of 35.47, 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 $73.19. The business's 50-day moving average is $64.82 and its 200-day moving average is $67.05. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06.

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 (EPS) 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 analysts' expectations of $9.42 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. The firm's revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.54 EPS. Equities analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. UBS Group increased 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. Guggenheim restated a "buy" rating and issued a $80.00 target price on shares of US Foods in a report on Monday, April 14th. Barclays increased their price target on shares of US Foods from $82.00 to $85.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Truist Financial boosted their price objective on US Foods from $78.00 to $80.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. Finally, Morgan Stanley lifted their target price on US Foods from $81.00 to $84.00 and gave the stock an "overweight" rating in a report on Friday. One analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, US Foods currently has a consensus rating of "Buy" and an average price target of $72.08.

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.