Capital World Investors Purchases 7,091 Shares of US Foods Holding Corp. (NYSE:USFD)

Capital World Investors raised its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 162.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,447 shares of the company's stock after purchasing an additional 7,091 shares during the quarter. Capital World Investors' holdings in US Foods were worth $772,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. GeoWealth Management LLC raised its position in US Foods by 94.5% during the 4th quarter. GeoWealth Management LLC now owns 389 shares of the company's stock worth $26,000 after purchasing an additional 189 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of 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 acquiring an additional 178 shares during the last quarter. Legacy Investment Solutions LLC acquired a new position in shares of US Foods in the fourth quarter worth approximately $32,000. R Squared Ltd acquired a new position in shares of US Foods in the fourth quarter worth approximately $34,000. Finally, Smartleaf Asset Management LLC boosted its holdings in 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 acquiring an additional 243 shares during the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

USFD has been the topic of a number of recent analyst reports. Truist Financial boosted their price target on shares of US Foods from $78.00 to $80.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. Guggenheim reaffirmed a "buy" rating and set a $80.00 price target on shares of US Foods in a research report on Monday, April 14th. UBS Group lifted their price objective on US Foods from $77.00 to $83.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. Barclays upped their target price on US Foods from $82.00 to $85.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Finally, Piper Sandler lifted their target price on US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a report on Tuesday, February 18th. One 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 data from MarketBeat, US Foods currently has an average rating of "Buy" and an average target price of $71.83.

US Foods Stock Up 3.5 %

US Foods stock opened at $63.29 on Wednesday. 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 firm's fifty day moving average price is $65.84 and its two-hundred day moving average price is $66.67. The firm has a market capitalization of $14.59 billion, a price-to-earnings ratio of 31.33, a price-to-earnings-growth ratio of 1.03 and a beta of 1.38. US Foods Holding Corp. has a 1-year low of $50.05 and a 1-year high of $73.19.

US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings results 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 company had revenue of $9.49 billion for the quarter, compared to analyst estimates of $9.47 billion. On average, equities research analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Insider Buying and Selling at US Foods

In other news, Director David W. Bullock acquired 4,000 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was purchased 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 in the company, valued at approximately $319,770. This represents a 800.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.70% of the company's stock.

US Foods 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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