2,536,416 Shares in US Foods Holding Corp. (NYSE:USFD) Bought by Artisan Partners Limited Partnership

Artisan Partners Limited Partnership bought a new position in US Foods Holding Corp. (NYSE:USFD - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,536,416 shares of the company's stock, valued at approximately $171,107,000. Artisan Partners Limited Partnership owned about 1.09% of US Foods at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of USFD. Boston Partners raised its stake in shares of US Foods by 0.6% during the fourth quarter. Boston Partners now owns 12,744,006 shares of the company's stock valued at $860,460,000 after purchasing an additional 77,012 shares in the last quarter. Wellington Management Group LLP raised its position in shares of 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. State Street Corp lifted its stake 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 acquiring an additional 316,061 shares during the period. Geode Capital Management LLC boosted its holdings in shares of US Foods by 6.5% in the third quarter. Geode Capital Management LLC now owns 3,972,930 shares of the company's stock valued at $244,401,000 after acquiring an additional 241,900 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of US Foods by 6.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,712,880 shares of the company's stock valued at $105,342,000 after acquiring an additional 109,488 shares during the period. Institutional investors own 98.76% of the company's stock.

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US Foods Stock Up 0.6 %

US Foods stock traded up $0.38 during mid-day trading on Monday, hitting $64.91. The company's stock had a trading volume of 312,825 shares, compared to its average volume of 2,283,832. 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 52-week low of $49.65 and a 52-week high of $73.19. The firm's 50 day moving average is $68.62 and its 200 day moving average is $66.50. The company has a market cap of $14.95 billion, a PE ratio of 32.13, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65.

US Foods (NYSE:USFD - Get Free Report) last posted 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 company 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%. On average, analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Analyst Ratings Changes

USFD has been the subject of a number of research analyst reports. Piper Sandler upped their price target on shares of US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a report on Tuesday, February 18th. Barclays raised their target price on shares of US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Morgan Stanley upped their price target on US Foods from $76.00 to $82.00 and gave the company an "overweight" rating in a report on Tuesday, January 21st. Truist Financial raised 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, Jefferies Financial Group boosted their target price on US Foods from $79.00 to $82.00 and gave the stock a "buy" rating in a research report on Monday, December 16th. One 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 data from MarketBeat, US Foods presently has a consensus rating of "Buy" and an average price target of $71.09.

Insider Transactions at US Foods

In other news, Director David W. Bullock purchased 4,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was acquired at an average price of $71.06 per share, with a total value of $284,240.00. Following the purchase, the director now owns 4,500 shares in the company, valued at $319,770. This represents a 800.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.70% of the stock is currently owned by company insiders.

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.