Amundi Purchases 14,998 Shares of US Foods Holding Corp. (NYSE:USFD)

Amundi raised its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 17.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 100,912 shares of the company's stock after purchasing an additional 14,998 shares during the period. Amundi's holdings in US Foods were worth $6,884,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. 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 worth $369,000 after purchasing an additional 2,500,000 shares in the last quarter. Wellington Management Group LLP increased its stake in US Foods by 25.2% during the 3rd quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company's stock worth $744,548,000 after buying an additional 2,435,357 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of US Foods during the 4th quarter worth approximately $48,611,000. State Street Corp raised its holdings in US Foods by 4.7% in 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 in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of US Foods by 4.4% during the 3rd 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 currently owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on USFD shares. Melius Research raised US Foods to a "strong-buy" rating in a report on Wednesday, December 18th. Piper Sandler boosted their target price on shares of US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 18th. StockNews.com downgraded US Foods from a "strong-buy" rating to a "buy" rating in a research note on Thursday, March 13th. Jefferies Financial Group boosted their price objective 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. Finally, UBS Group raised their price target on US Foods from $77.00 to $83.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. One equities research analyst has rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $70.33.

US Foods Price Performance

Shares of USFD traded up $0.06 during trading hours on Wednesday, hitting $65.05. 2,658,113 shares of the company were exchanged, compared to its average volume of 2,277,917. The firm has a fifty day simple moving average of $69.07 and a 200-day simple moving average of $66.12. The company has a market capitalization of $14.99 billion, a PE ratio of 32.20, a PEG ratio of 1.03 and a beta of 1.65. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. US Foods Holding Corp. has a one year low of $49.65 and a one year high of $73.19.

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

Insider Transactions at US Foods

In related news, Director David W. Bullock acquired 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The shares were acquired at an average price of $71.06 per share, with a total value of $284,240.00. Following the acquisition, the director now owns 4,500 shares in the company, valued at approximately $319,770. The trade was a 800.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.70% of the company's stock.

About US Foods

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.