Charles Schwab Investment Management Inc. decreased its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 3.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,658,052 shares of the company's stock after selling 54,828 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.71% of US Foods worth $111,852,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ashton Thomas Securities LLC purchased a new stake in shares of US Foods in the 3rd quarter worth about $31,000. Huntington National Bank lifted its holdings in US Foods by 332.5% in the third quarter. Huntington National Bank now owns 532 shares of the company's stock worth $33,000 after buying an additional 409 shares during the period. Capital Performance Advisors LLP purchased a new stake in US Foods in the third quarter worth about $34,000. R Squared Ltd bought a new stake in US Foods during the 4th quarter valued at approximately $34,000. Finally, First Horizon Advisors Inc. grew its holdings in shares of US Foods by 54.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company's stock worth $35,000 after acquiring an additional 202 shares during the period. 98.76% of the stock is owned by institutional investors.
US Foods Stock Up 0.3 %
USFD stock traded up $0.20 during midday trading on Wednesday, hitting $65.08. The company's stock had a trading volume of 1,517,286 shares, compared to its average volume of 1,849,110. The firm's 50-day moving average is $69.30 and its 200-day moving average is $65.90. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06. US Foods Holding Corp. has a 12 month low of $49.65 and a 12 month high of $73.19. The company has a market cap of $14.99 billion, a PE ratio of 32.27, a P/E/G ratio of 1.03 and a beta of 1.65.
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 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 for the quarter, compared to the consensus estimate of $9.47 billion. On average, equities research analysts forecast 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 related news, Director David W. Bullock bought 4,000 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was acquired at an average cost 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 ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.70% of the company's stock.
Wall Street Analyst Weigh In
USFD has been the topic of several research reports. Truist Financial lifted their price target on US Foods from $78.00 to $80.00 and gave the company a "buy" rating in a research report on Friday, February 14th. Barclays upped their target price on shares of US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. UBS Group lifted their price target on shares of US Foods from $77.00 to $83.00 and gave the company a "buy" rating in a research report on Friday, February 14th. Morgan Stanley upped their price objective on shares of US Foods from $76.00 to $82.00 and gave the stock an "overweight" rating in a report on Tuesday, January 21st. Finally, 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. One investment analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $70.33.
Check Out Our Latest Stock Analysis on US Foods
US Foods Profile
(
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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