Catalyst Funds Management Pty Ltd Makes New Investment in US Foods Holding Corp. (NYSE:USFD)

Catalyst Funds Management Pty Ltd acquired a new position in US Foods Holding Corp. (NYSE:USFD - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 25,800 shares of the company's stock, valued at approximately $1,740,000.

A number of other institutional investors have also made changes to their positions in USFD. Retirement Systems of Alabama raised its position in US Foods by 5.4% during the third quarter. Retirement Systems of Alabama now owns 348,979 shares of the company's stock worth $21,462,000 after acquiring an additional 17,897 shares in the last quarter. State Street Corp raised 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 acquiring an additional 316,061 shares in the last quarter. Longbow Finance SA bought a new stake in US Foods during the fourth quarter worth $9,001,000. Oppenheimer Asset Management Inc. raised its position in US Foods by 121.6% during the third quarter. Oppenheimer Asset Management Inc. now owns 51,452 shares of the company's stock worth $3,164,000 after acquiring an additional 28,232 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new stake in US Foods during the third quarter worth $1,141,000. Institutional investors own 98.76% of the company's stock.

Insider Activity

In other news, Director David W. Bullock bought 4,000 shares of the company's stock in a transaction on Tuesday, February 18th. The shares were acquired at an average cost 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 of the company's stock, valued at approximately $319,770. This trade represents a 800.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.70% of the company's stock.

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US Foods Price Performance

NYSE:USFD traded up $0.06 during mid-day trading on Wednesday, reaching $65.05. The stock had a trading volume of 3,175,725 shares, compared to its average volume of 1,860,769. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. US Foods Holding Corp. has a one year low of $49.65 and a one year high of $73.19. The firm has a 50 day moving average price of $69.07 and a two-hundred day moving average price of $66.12. The stock has a market capitalization of $14.99 billion, a P/E ratio of 32.20, a P/E/G ratio of 1.03 and a beta of 1.65.

US Foods (NYSE:USFD - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing analysts' consensus estimates of $0.79 by ($0.01). The business 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%. As a group, analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on USFD shares. Jefferies Financial Group upped their price target on shares of US Foods from $79.00 to $82.00 and gave the stock a "buy" rating in a research report on Monday, December 16th. Truist Financial upped their price objective on shares of US Foods from $78.00 to $80.00 and gave the company a "buy" rating in a report on Friday, February 14th. Piper Sandler upped their price objective 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. StockNews.com downgraded shares of US Foods from a "strong-buy" rating to a "buy" rating in a report on Thursday, March 13th. Finally, Morgan Stanley upped their price objective on shares of US Foods from $76.00 to $82.00 and gave the company an "overweight" rating in a report on Tuesday, January 21st. One equities research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $70.33.

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.