Counterpoint Mutual Funds LLC Purchases 12,483 Shares of US Foods Holding Corp. (NYSE:USFD)

Counterpoint Mutual Funds LLC grew its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 347.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,076 shares of the company's stock after acquiring an additional 12,483 shares during the period. Counterpoint Mutual Funds LLC's holdings in US Foods were worth $1,084,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in USFD. Legacy Wealth Asset Management LLC lifted its stake in shares of US Foods by 4.0% during the fourth quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company's stock worth $279,000 after purchasing an additional 160 shares in the last quarter. Arizona State Retirement System lifted its position in US Foods by 0.3% during the 4th quarter. Arizona State Retirement System now owns 67,426 shares of the company's stock worth $4,549,000 after acquiring an additional 170 shares in the last quarter. Bank of Montreal Can boosted its holdings in US Foods by 0.3% in the 3rd quarter. Bank of Montreal Can now owns 66,848 shares of the company's stock worth $4,022,000 after acquiring an additional 171 shares during the period. EverSource Wealth Advisors LLC grew its position in US Foods by 59.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock valued at $32,000 after acquiring an additional 178 shares in the last quarter. Finally, Vestcor Inc raised its stake in shares of US Foods by 1.0% during the fourth quarter. Vestcor Inc now owns 20,200 shares of the company's stock valued at $1,363,000 after purchasing an additional 195 shares during the period. Institutional investors and hedge funds own 98.76% of the company's stock.

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Insiders Place Their Bets

In related news, Director David W. Bullock acquired 4,000 shares of the business's stock in a transaction that occurred 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 purchase, the director now owns 4,500 shares of the company's stock, valued at approximately $319,770. The trade was a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.70% of the company's stock.

US Foods Price Performance

USFD traded up $0.98 during trading on Friday, reaching $64.36. The stock had a trading volume of 5,589,674 shares, compared to its average volume of 1,886,175. The stock has a 50 day moving average of $68.91 and a two-hundred day moving average of $66.09. 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 capitalization of $14.83 billion, a price-to-earnings ratio of 31.86, 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 issued its quarterly earnings results on Thursday, February 13th. The company reported $0.78 earnings per share for the quarter, missing analysts' consensus estimates of $0.79 by ($0.01). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The company had revenue of $9.49 billion during the quarter, compared to analysts' expectations of $9.47 billion. As a group, equities analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Wall Street Analyst Weigh In

USFD has been the subject of a number of recent analyst reports. Barclays raised their price target on shares of US Foods from $82.00 to $85.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Truist Financial boosted their price target on US Foods from $78.00 to $80.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. Melius began coverage on US Foods in a research note on Wednesday, December 18th. They set a "buy" rating and a $12.00 price objective for the company. Melius Research raised US Foods to a "strong-buy" rating in a research report on Wednesday, December 18th. Finally, Piper Sandler lifted their price target on shares of US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 18th. One equities research analyst has rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $71.09.

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.