Bryce Point Capital LLC bought a new stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 7,401 shares of the company's stock, valued at approximately $499,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank bought a new stake in US Foods during the fourth quarter valued at approximately $211,300,000. Artisan Partners Limited Partnership bought a new stake in shares of US Foods during the 4th quarter valued at $171,107,000. Public Sector Pension Investment Board increased its stake in shares of US Foods by 100.2% in the 3rd quarter. Public Sector Pension Investment Board now owns 6,000 shares of the company's stock worth $369,000 after purchasing an additional 2,500,000 shares in the last quarter. Wellington Management Group LLP raised its holdings in US Foods by 25.2% in the 3rd quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company's stock worth $744,548,000 after purchasing an additional 2,435,357 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in US Foods during the fourth quarter valued at $48,611,000. 98.76% of the stock is owned by institutional investors.
US Foods Price Performance
Shares of US Foods stock traded up $0.17 during trading on Tuesday, reaching $60.64. 1,293,097 shares of the stock traded hands, compared to its average volume of 1,966,332. 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 company has a market capitalization of $13.97 billion, a price-to-earnings ratio of 30.07, a P/E/G ratio of 1.03 and a beta of 1.38. US Foods Holding Corp. has a 52-week low of $49.65 and a 52-week high of $73.19. The business has a fifty day simple moving average of $68.02 and a two-hundred day simple moving average of $66.66.
US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.01). The firm had revenue of $9.49 billion for 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%. Sell-side analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current year.
Analyst Ratings Changes
USFD has been the subject of a number of analyst reports. Piper Sandler upped their price target on US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 18th. Jefferies Financial Group raised their target price on shares of US Foods from $79.00 to $82.00 and gave the stock a "buy" rating in a research note on Monday, December 16th. Melius started coverage on shares of US Foods in a research report on Wednesday, December 18th. They issued a "buy" rating and a $12.00 price target for the company. StockNews.com downgraded shares of US Foods from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Finally, Morgan Stanley upped their target price on shares of US Foods from $76.00 to $82.00 and gave the stock an "overweight" rating in a report on Tuesday, January 21st. One equities research 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 company's stock. According to MarketBeat.com, US Foods presently has a consensus rating of "Buy" and a consensus price target of $71.09.
Get Our Latest Research Report on USFD
Insider Buying and Selling at US Foods
In related news, Director David W. Bullock bought 4,000 shares of the company's stock in a transaction dated Tuesday, February 18th. The stock was purchased at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the acquisition, the director now owns 4,500 shares in the company, valued at $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.70% of the stock is owned by company insiders.
US Foods Company Profile
(
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.
Featured Stories
Before you consider US Foods, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and US Foods wasn't on the list.
While US Foods currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for April 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
