Brooklyn FI LLC purchased a new stake in US Foods Holding Corp. (NYSE:USFD - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 6,784 shares of the company's stock, valued at approximately $445,000.
Other institutional investors have also recently modified their holdings of the company. Xponance Inc. lifted its stake in shares of US Foods by 8.4% in the fourth quarter. Xponance Inc. now owns 27,988 shares of the company's stock valued at $1,888,000 after purchasing an additional 2,158 shares during the period. Boston Partners lifted its position in shares of US Foods by 0.6% during 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. Thrivent Financial for Lutherans boosted its stake in shares of US Foods by 82.9% during the 4th quarter. Thrivent Financial for Lutherans now owns 181,145 shares of the company's stock worth $12,220,000 after acquiring an additional 82,079 shares in the last quarter. Primecap Management Co. CA grew its holdings in shares of US Foods by 129.3% in the 4th quarter. Primecap Management Co. CA now owns 659,021 shares of the company's stock worth $44,458,000 after acquiring an additional 371,613 shares during the period. Finally, Counterpoint Mutual Funds LLC increased its stake in US Foods by 347.4% in the 4th quarter. Counterpoint Mutual Funds LLC now owns 16,076 shares of the company's stock valued at $1,084,000 after purchasing an additional 12,483 shares in the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of analysts have commented on the company. Melius Research upgraded US Foods to a "strong-buy" rating in a research report on Wednesday, December 18th. Piper Sandler increased their price objective 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. 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 research report on Friday, February 14th. StockNews.com lowered shares of US Foods from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Finally, Barclays lifted their price objective on US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $71.09.
View Our Latest Research Report on USFD
Insiders Place Their Bets
In other news, Director David W. Bullock purchased 4,000 shares of the stock in a transaction on 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 transaction, the director now owns 4,500 shares in the company, 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 Securities & Exchange Commission, which is available at this hyperlink. 0.70% of the stock is currently owned by insiders.
US Foods Trading Up 1.9 %
Shares of NYSE:USFD traded up $1.23 during midday trading on Monday, reaching $65.64. The company's stock had a trading volume of 1,724,316 shares, compared to its average volume of 1,892,407. The business has a 50 day moving average price of $68.85 and a 200 day moving average price of $66.23. US Foods Holding Corp. has a 1 year low of $49.65 and a 1 year high of $73.19. The firm has a market cap of $15.12 billion, a price-to-earnings ratio of 32.49, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06.
US Foods (NYSE:USFD - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.78 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 company had revenue of $9.49 billion for the quarter, compared to analyst estimates of $9.47 billion. Research analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current year.
US Foods Company Profile
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Free Report)
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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