Boothbay Fund Management LLC Has $5.47 Million Holdings in US Foods Holding Corp. (NYSE:USFD)

Boothbay Fund Management LLC trimmed its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 34.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 81,107 shares of the company's stock after selling 43,154 shares during the quarter. Boothbay Fund Management LLC's holdings in US Foods were worth $5,471,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. GeoWealth Management LLC increased its holdings in shares of US Foods by 94.5% during the 4th quarter. GeoWealth Management LLC now owns 389 shares of the company's stock valued at $26,000 after acquiring an additional 189 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock worth $32,000 after purchasing an additional 178 shares during the period. Legacy Investment Solutions LLC acquired a new position in US Foods during the fourth quarter valued at approximately $32,000. R Squared Ltd acquired a new position in US Foods during the fourth quarter valued at approximately $34,000. Finally, Smartleaf Asset Management LLC raised its position in shares of US Foods by 50.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 727 shares of the company's stock valued at $49,000 after purchasing an additional 243 shares during the period. 98.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling at US Foods

In other news, Director David W. Bullock bought 4,000 shares of US Foods stock in a transaction dated Tuesday, February 18th. The shares were bought at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the purchase, the director now owns 4,500 shares of the company's stock, valued at approximately $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.60% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on USFD. Piper Sandler raised their target price on shares of US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a research note on Tuesday, February 18th. Guggenheim reaffirmed a "buy" rating and issued a $80.00 price target on shares of US Foods in a research report on Monday, April 14th. Barclays lifted their price objective on US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. StockNews.com downgraded US Foods from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. Finally, Truist Financial lifted their price target on US Foods from $78.00 to $80.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. One research analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $71.83.

US Foods Stock Performance

Shares of NYSE USFD opened at $64.41 on Friday. US Foods Holding Corp. has a one year low of $50.05 and a one year high of $73.19. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06. The business has a fifty day simple moving average of $65.44 and a 200 day simple moving average of $66.70. The firm has a market capitalization of $14.85 billion, a price-to-earnings ratio of 31.89, a PEG ratio of 1.03 and a beta of 1.38.

US Foods (NYSE:USFD - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.78 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.79 by ($0.01). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The business had revenue of $9.49 billion during the quarter, compared to analyst estimates of $9.47 billion. Sell-side analysts expect 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.

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