AlphaQuest LLC Decreases Stock Holdings in US Foods Holding Corp. (NYSE:USFD)

AlphaQuest LLC lessened its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 36.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,218 shares of the company's stock after selling 10,983 shares during the period. AlphaQuest LLC's holdings in US Foods were worth $1,296,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Public Sector Pension Investment Board increased its stake in shares of US Foods by 100.2% during the third quarter. Public Sector Pension Investment Board now owns 6,000 shares of the company's stock valued at $369,000 after purchasing an additional 2,500,000 shares in the last quarter. Wellington Management Group LLP lifted its position 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 valued at $744,548,000 after acquiring an additional 2,435,357 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in US Foods during the 4th quarter valued at $48,611,000. State Street Corp increased its holdings in shares of US Foods by 4.7% in the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company's stock worth $433,299,000 after purchasing an additional 316,061 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of US Foods by 4.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 6,841,961 shares of the company's stock worth $420,781,000 after purchasing an additional 291,016 shares during the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

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US Foods Stock Performance

USFD traded down $1.61 during midday trading on Thursday, reaching $63.61. The company had a trading volume of 3,018,110 shares, compared to its average volume of 1,859,279. US Foods Holding Corp. has a 1 year low of $49.65 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 company has a market cap of $14.65 billion, a P/E ratio of 31.49, a P/E/G ratio of 1.03 and a beta of 1.65. The business has a 50-day moving average of $69.26 and a two-hundred day moving average of $65.90.

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

Insider Activity at US Foods

In other US Foods news, Director David W. Bullock purchased 4,000 shares of the firm's stock in a transaction on Tuesday, February 18th. The shares were acquired 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. The trade was a 800.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

USFD has been the topic of several recent analyst reports. Barclays increased their price objective on US Foods from $82.00 to $85.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Jefferies Financial Group raised their price target on shares of US Foods from $79.00 to $82.00 and gave the company a "buy" rating in a report on Monday, December 16th. Melius Research raised shares of US Foods to a "strong-buy" rating in a report on Wednesday, December 18th. UBS Group raised their target price on shares of US Foods from $77.00 to $83.00 and gave the stock a "buy" rating in a report on Friday, February 14th. Finally, Melius assumed coverage on shares of US Foods in a research note on Wednesday, December 18th. They set a "buy" rating and a $12.00 target price for the company. One analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $70.33.

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.