Arrowstreet Capital Limited Partnership Has $43.15 Million Holdings in US Foods Holding Corp. (NYSE:USFD)

Arrowstreet Capital Limited Partnership lifted its stake in US Foods Holding Corp. (NYSE:USFD - Free Report) by 307.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 639,558 shares of the company's stock after purchasing an additional 482,461 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.27% of US Foods worth $43,145,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Norges Bank purchased a new stake in shares of US Foods in the fourth quarter valued at $211,300,000. Artisan Partners Limited Partnership acquired a new position in US Foods during the fourth quarter valued at $171,107,000. Public Sector Pension Investment Board lifted its stake in 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 acquiring an additional 2,500,000 shares in the last quarter. Wellington Management Group LLP grew 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 valued at $744,548,000 after acquiring an additional 2,435,357 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of US Foods in the 4th quarter valued at about $48,611,000. Hedge funds and other institutional investors own 98.76% of the company's stock.

Insider Buying and Selling

In related news, Director David W. Bullock purchased 4,000 shares of US Foods stock in a transaction that occurred on Tuesday, February 18th. The shares were acquired at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the transaction, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. This represents a 800.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.70% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages recently commented on USFD. Morgan Stanley boosted their price objective on shares of US Foods from $76.00 to $82.00 and gave the company an "overweight" rating in a research report on Tuesday, January 21st. Jefferies Financial Group upped their price target 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. UBS Group lifted their price objective on US Foods from $77.00 to $83.00 and gave the company a "buy" rating in a research report on Friday, February 14th. Melius started coverage on US Foods in a research report on Wednesday, December 18th. They issued a "buy" rating and a $12.00 target price on the stock. Finally, Truist Financial lifted their price target on US Foods from $78.00 to $80.00 and gave the company a "buy" rating in a report on Friday, February 14th. One research 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 stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $71.09.

US Foods Price Performance

NYSE USFD traded down $3.22 during trading on Friday, reaching $61.80. 3,361,588 shares of the company traded hands, compared to its average volume of 1,962,604. US Foods Holding Corp. has a 1-year low of $49.65 and a 1-year high of $73.19. The company has a market cap of $14.24 billion, a price-to-earnings ratio of 30.59, a P/E/G ratio of 1.03 and a beta of 1.38. The stock's 50 day moving average price is $68.23 and its two-hundred day moving average price is $66.67. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21.

US Foods (NYSE:USFD - Get Free Report) last announced its quarterly 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). The firm had revenue of $9.49 billion for the quarter, compared to the consensus estimate of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. As a group, analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current year.

US Foods Company 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.