EntryPoint Capital LLC Purchases New Position in US Foods Holding Corp. (NYSE:USFD)

EntryPoint Capital LLC acquired a new stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 5,293 shares of the company's stock, valued at approximately $357,000.

Several other large investors also recently modified their holdings of the stock. Retirement Systems of Alabama boosted its stake in US Foods by 5.4% in the 3rd quarter. Retirement Systems of Alabama now owns 348,979 shares of the company's stock valued at $21,462,000 after buying an additional 17,897 shares in the last quarter. State Street Corp lifted its holdings in shares of 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 bought a new position in shares of US Foods during the fourth quarter valued at $9,001,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of US Foods in the 3rd quarter worth about $1,141,000. Finally, Verition Fund Management LLC increased its position in shares of US Foods by 14.6% during the 3rd quarter. Verition Fund Management LLC now owns 885,606 shares of the company's stock worth $54,465,000 after purchasing an additional 112,701 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

USFD has been the topic of a number of recent analyst reports. Jefferies Financial Group boosted their price target on shares of US Foods from $79.00 to $82.00 and gave the company a "buy" rating in a research report on Monday, December 16th. Melius initiated coverage on US Foods in a research report on Wednesday, December 18th. They set a "buy" rating and a $12.00 price target on the stock. Piper Sandler raised 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. 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 raised their target price on US Foods from $76.00 to $82.00 and gave the company an "overweight" rating in a research note on Tuesday, January 21st. One analyst has rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, US Foods presently has a consensus rating of "Buy" and an average target price of $71.09.

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US Foods Trading Up 1.5 %

USFD stock traded up $0.95 during midday trading on Monday, reaching $65.48. The stock had a trading volume of 1,898,695 shares, compared to its average volume of 1,969,699. The firm has a market cap of $15.09 billion, a price-to-earnings ratio of 32.42, a PEG ratio of 1.03 and a beta of 1.65. US Foods Holding Corp. has a twelve month low of $49.65 and a twelve month 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 business has a fifty day simple moving average of $68.56 and a two-hundred day simple moving average of $66.55.

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

Insiders Place Their Bets

In related news, Director David W. Bullock purchased 4,000 shares of US Foods 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 transaction, the director now directly 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 transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.70% of the company's stock.

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.