Bessemer Group Inc. Sells 355,197 Shares of US Foods Holding Corp. (NYSE:USFD)

Bessemer Group Inc. lowered its stake in US Foods Holding Corp. (NYSE:USFD - Free Report) by 7.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,515,909 shares of the company's stock after selling 355,197 shares during the quarter. Bessemer Group Inc. owned approximately 1.94% of US Foods worth $304,643,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Boston Partners grew its position in shares of US Foods by 0.6% in the 4th quarter. Boston Partners now owns 12,744,006 shares of the company's stock valued at $860,460,000 after acquiring an additional 77,012 shares during the period. State Street Corp increased its position in US Foods by 4.7% during the third quarter. State Street Corp now owns 7,045,514 shares of the company's stock worth $433,299,000 after buying an additional 316,061 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of US Foods by 7.3% in the fourth quarter. JPMorgan Chase & Co. now owns 4,304,310 shares of the company's stock valued at $290,369,000 after buying an additional 292,404 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of US Foods by 6.5% during the 3rd quarter. Geode Capital Management LLC now owns 3,972,930 shares of the company's stock worth $244,401,000 after acquiring an additional 241,900 shares during the period. Finally, Norges Bank bought a new position in shares of US Foods during the 4th quarter worth approximately $211,300,000. Institutional investors own 98.76% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on USFD shares. Piper Sandler raised their price target on US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a report on Tuesday, February 18th. UBS Group lifted 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. Barclays increased their price target on shares of US Foods from $82.00 to $85.00 and gave the company an "overweight" rating in a report on Friday, February 14th. StockNews.com cut US Foods from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Finally, Guggenheim reiterated a "buy" rating and set a $80.00 target price on shares of US Foods in a research note on Monday. One equities research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $71.83.

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Insider Buying and Selling at US Foods

In other US Foods news, Director David W. Bullock purchased 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, with a total value of $284,240.00. Following the completion of the purchase, the director now owns 4,500 shares of the company's stock, valued at approximately $319,770. The trade was a 800.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.70% of the company's stock.

US Foods Price Performance

USFD traded up $0.33 on Monday, hitting $63.00. 597,451 shares of the stock were exchanged, compared to its average volume of 1,978,847. US Foods Holding Corp. has a 12 month low of $49.65 and a 12 month high of $73.19. The firm has a market capitalization of $14.52 billion, a price-to-earnings ratio of 31.19, a PEG ratio of 1.03 and a beta of 1.38. 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 business has a 50-day moving average of $66.97 and a two-hundred day moving average of $66.65.

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 company 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%. Sell-side analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current fiscal 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.