US Foods Holding Corp. (NYSE:USFD) Shares Purchased by MetLife Investment Management LLC

MetLife Investment Management LLC lifted its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 4.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 131,242 shares of the company's stock after purchasing an additional 5,115 shares during the quarter. MetLife Investment Management LLC owned approximately 0.06% of US Foods worth $8,854,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in USFD. Stifel Financial Corp raised its stake in US Foods by 38.4% during the 3rd quarter. Stifel Financial Corp now owns 13,457 shares of the company's stock valued at $828,000 after acquiring an additional 3,734 shares during the last quarter. MML Investors Services LLC purchased a new stake in US Foods during the 3rd quarter valued at approximately $508,000. SkyView Investment Advisors LLC raised its stake in US Foods by 2.1% during the 3rd quarter. SkyView Investment Advisors LLC now owns 18,979 shares of the company's stock valued at $1,167,000 after acquiring an additional 382 shares during the last quarter. Sanctuary Advisors LLC raised its stake in US Foods by 107.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 14,283 shares of the company's stock valued at $878,000 after acquiring an additional 7,409 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in US Foods during the 3rd quarter valued at approximately $83,000. 98.76% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on USFD. Truist Financial increased their target price on US Foods from $78.00 to $80.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. Barclays increased their target price on US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Piper Sandler increased their target price on US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 18th. Guggenheim reissued a "buy" rating and set a $80.00 target price on shares of US Foods in a research note on Monday, April 14th. Finally, UBS Group increased their target price on US Foods from $77.00 to $83.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. One equities research analyst has rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $71.83.

Insider Buying and Selling at US Foods

In related news, Director David W. Bullock acquired 4,000 shares of the business's stock in a transaction dated Tuesday, February 18th. The shares were acquired at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the acquisition, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. The trade was a 800.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.60% of the stock is owned by insiders.

US Foods Trading Down 0.3 %

NYSE:USFD traded down $0.22 on Friday, reaching $64.41. The stock had a trading volume of 1,069,525 shares, compared to its average volume of 1,985,302. The company has a market cap of $14.85 billion, a price-to-earnings ratio of 31.89, a P/E/G ratio of 1.03 and a beta of 1.38. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. The firm's fifty day moving average is $65.44 and its two-hundred day moving average is $66.78. US Foods Holding Corp. has a 12-month low of $50.05 and a 12-month high of $73.19.

US Foods (NYSE:USFD - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported $0.78 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.79 by ($0.01). The firm had revenue of $9.49 billion during the quarter, compared to analysts' expectations of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. Equities analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

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.