Dean Capital Management cut its stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 18.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,555 shares of the company's stock after selling 5,307 shares during the period. Dean Capital Management's holdings in US Foods were worth $1,589,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of USFD. Boston Partners raised its stake in 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 purchasing an additional 77,012 shares in the last quarter. JPMorgan Chase & Co. grew its position in US Foods by 7.3% in 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 in the last quarter. Norges Bank bought a new position in US Foods in the fourth quarter valued at $211,300,000. Artisan Partners Limited Partnership purchased a new stake in US Foods during the fourth quarter valued at about $171,107,000. Finally, Ameriprise Financial Inc. lifted its stake in US Foods by 1.7% during the fourth quarter. Ameriprise Financial Inc. now owns 2,136,356 shares of the company's stock worth $144,119,000 after purchasing an additional 36,307 shares during the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.
US Foods Trading Down 0.2 %
Shares of NYSE:USFD traded down $0.17 on Friday, hitting $71.64. The company had a trading volume of 2,526,434 shares, compared to its average volume of 2,005,294. US Foods Holding Corp. has a 1 year low of $50.05 and a 1 year high of $73.19. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. The firm's 50-day simple moving average is $64.82 and its two-hundred day simple moving average is $67.05. The firm has a market capitalization of $16.51 billion, a price-to-earnings ratio of 35.47, a P/E/G ratio of 1.03 and a beta of 1.35.
US Foods (NYSE:USFD - Get Free Report) last posted its 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 for the quarter, compared to analysts' expectations of $9.42 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. The firm's revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the company posted $0.54 EPS. Equities analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of brokerages recently weighed in on USFD. Guggenheim reissued a "buy" rating and set a $80.00 price objective on shares of US Foods in a report on Monday, April 14th. StockNews.com lowered shares of US Foods from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. UBS Group upped their price target on shares of US Foods from $83.00 to $84.00 and gave the company a "buy" rating in a research report on Friday. Truist Financial boosted their target price on US Foods from $78.00 to $80.00 and gave the company a "buy" rating in a research note on Friday, February 14th. Finally, Morgan Stanley lifted their price target on US Foods from $81.00 to $84.00 and gave the stock an "overweight" rating in a research note on Friday. One analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $72.08.
View Our Latest Report on USFD
Insiders Place Their Bets
In other US Foods news, Director David W. Bullock bought 4,000 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was acquired at an average price of $71.06 per share, with a total value of $284,240.00. Following the completion of the purchase, the director now owns 4,500 shares of the company's stock, valued at approximately $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.60% of the stock is owned by corporate insiders.
US Foods Profile
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Free Report)
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.
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