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Segall Bryant & Hamill LLC Makes New $7.56 Million Investment in US Foods Holding Corp. (NYSE:USFD)

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Segall Bryant & Hamill LLC bought a new position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 112,042 shares of the company's stock, valued at approximately $7,558,000.

Several other large investors have also recently added to or reduced their stakes in the business. Retirement Systems of Alabama increased its holdings in shares of US Foods by 5.4% during the 3rd quarter. Retirement Systems of Alabama now owns 348,979 shares of the company's stock worth $21,462,000 after buying an additional 17,897 shares during the last quarter. State Street Corp grew its position in US Foods by 4.7% during the third quarter. State Street Corp now owns 7,045,514 shares of the company's stock valued at $433,299,000 after acquiring an additional 316,061 shares during the period. Longbow Finance SA acquired a new stake in US Foods during the fourth quarter worth about $9,001,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of US Foods in the 3rd quarter worth about $1,141,000. Finally, Verition Fund Management LLC lifted its stake in shares of US Foods by 14.6% in the 3rd quarter. Verition Fund Management LLC now owns 885,606 shares of the company's stock valued at $54,465,000 after purchasing an additional 112,701 shares in the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Melius initiated coverage on shares of US Foods in a report on Wednesday, December 18th. They issued a "buy" rating and a $12.00 price target on the stock. Jefferies Financial Group raised their target price on shares of US Foods from $79.00 to $82.00 and gave the company a "buy" rating in a research note on Monday, December 16th. UBS Group lifted their target price on shares of US Foods from $77.00 to $83.00 and gave the company a "buy" rating in a report on Friday, February 14th. Piper Sandler increased their price target on US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a report on Tuesday, February 18th. Finally, StockNews.com cut US Foods from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. One investment analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $71.09.

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Get Our Latest Stock Report on USFD

US Foods Stock Up 1.5 %

Shares of NYSE:USFD traded up $0.95 during trading on Monday, hitting $65.48. The company's stock had a trading volume of 1,898,695 shares, compared to its average volume of 1,969,699. The company has a market capitalization of $15.09 billion, a PE ratio of 32.42, a PEG ratio of 1.03 and a beta of 1.65. US Foods Holding Corp. has a fifty-two week low of $49.65 and a fifty-two week high of $73.19. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. The stock's 50-day moving average price is $68.56 and its two-hundred day moving average price is $66.55.

US Foods (NYSE:USFD - Get Free Report) last announced 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). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The business had revenue of $9.49 billion during the quarter, compared to analyst estimates of $9.47 billion. As a group, sell-side analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current year.

Insider Buying and Selling at US Foods

In other news, Director David W. Bullock acquired 4,000 shares of the stock in a transaction that occurred on 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 completion of the acquisition, the director now directly owns 4,500 shares in the company, valued at $319,770. This represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.70% of the stock is currently owned by insiders.

About US Foods

(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.

Further Reading

Institutional Ownership by Quarter for US Foods (NYSE:USFD)

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