US Foods Holding Corp. (NYSE:USFD - Get Free Report) insider William Spencer Hancock sold 21,754 shares of the business's stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $108.29, for a total value of $2,355,740.66. Following the transaction, the insider directly owned 101,144 shares in the company, valued at $10,952,883.76. This trade represents a 17.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
US Foods Stock Up 1.8%
NYSE:USFD traded up $1.91 during trading hours on Tuesday, hitting $110.54. The stock had a trading volume of 1,974,668 shares, compared to its average volume of 2,729,956. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.19. US Foods Holding Corp. has a 1-year low of $69.88 and a 1-year high of $110.63. The business has a 50 day simple moving average of $96.97 and a two-hundred day simple moving average of $92.16. The company has a market cap of $23.91 billion, a PE ratio of 34.01, a price-to-earnings-growth ratio of 1.39 and a beta of 0.81.
US Foods (NYSE:USFD - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $1.44 EPS for the quarter, topping analysts' consensus estimates of $1.36 by $0.08. The business had revenue of $10.53 billion for the quarter, compared to analysts' expectations of $10.46 billion. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The business's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.19 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Analysts predict that US Foods Holding Corp. will post 4.35 EPS for the current year.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in USFD. Royal Bank of Canada lifted its position in shares of US Foods by 85.8% during the first quarter. Royal Bank of Canada now owns 148,512 shares of the company's stock worth $9,722,000 after purchasing an additional 68,567 shares during the last quarter. Empowered Funds LLC bought a new stake in US Foods in the first quarter valued at about $359,000. Sivia Capital Partners LLC bought a new stake in US Foods in the second quarter valued at about $526,000. Brown Advisory Inc. acquired a new stake in US Foods during the second quarter valued at approximately $252,000. Finally, Cerity Partners LLC raised its stake in US Foods by 20.5% during the second quarter. Cerity Partners LLC now owns 47,977 shares of the company's stock valued at $3,695,000 after buying an additional 8,162 shares in the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
USFD has been the topic of a number of recent analyst reports. Citigroup boosted their price objective on shares of US Foods from $110.00 to $124.00 and gave the stock a "buy" rating in a report on Friday. JPMorgan Chase & Co. lowered their target price on US Foods from $98.00 to $90.00 and set a "neutral" rating for the company in a research note on Thursday, May 14th. TD Cowen lifted their target price on US Foods from $116.00 to $119.00 and gave the stock a "buy" rating in a research report on Thursday. Zacks Research upgraded US Foods from a "strong sell" rating to a "hold" rating in a research note on Tuesday, July 28th. Finally, Wall Street Zen downgraded US Foods from a "buy" rating to a "hold" rating in a report on Saturday, May 9th. Eleven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $112.38.
Get Our Latest Stock Analysis on US Foods
US Foods Company Profile
(
Get Free Report)
US Foods NYSE: USFD is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.
Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.
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