Dimensional Fund Advisors LP Sells 259,373 Shares of US Foods Holding Corp. (NYSE:USFD)

Dimensional Fund Advisors LP lessened its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 5.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,419,365 shares of the company's stock after selling 259,373 shares during the period. Dimensional Fund Advisors LP owned about 1.90% of US Foods worth $298,137,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Retirement Systems of Alabama raised its holdings in US Foods by 5.4% in the 3rd quarter. Retirement Systems of Alabama now owns 348,979 shares of the company's stock valued at $21,462,000 after acquiring an additional 17,897 shares in the last quarter. EntryPoint Capital LLC acquired a new position in US Foods in the fourth quarter valued at about $357,000. Longbow Finance SA bought a new stake in US Foods during the fourth quarter worth about $9,001,000. Avantax Advisory Services Inc. grew its stake in US Foods by 121.6% during the fourth quarter. Avantax Advisory Services Inc. now owns 11,131 shares of the company's stock worth $751,000 after buying an additional 6,108 shares in the last quarter. Finally, Merit Financial Group LLC bought a new position in US Foods in the 4th quarter valued at about $413,000. 98.76% of the stock is owned by institutional investors.

US Foods Trading Down 0.3 %

NYSE:USFD traded down $0.22 on Friday, reaching $64.41. 1,069,525 shares of the stock traded hands, compared to its average volume of 1,981,944. The firm has a market capitalization of $14.85 billion, a price-to-earnings ratio of 31.89, 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. 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 company's 50 day moving average is $65.44 and its 200-day moving average is $66.70.

US Foods (NYSE:USFD - Get Free Report) last announced its 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). The firm had revenue of $9.49 billion for the quarter, compared to the consensus estimate of $9.47 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. Equities research analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Insider Activity

In other news, Director David W. Bullock bought 4,000 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The stock was acquired at an average cost of $71.06 per share, with a total value of $284,240.00. Following the transaction, the director now directly owns 4,500 shares of the company's stock, valued at approximately $319,770. This represents a 800.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.60% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Piper Sandler increased their price target on shares of US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 18th. Guggenheim reaffirmed a "buy" rating and issued a $80.00 target price on shares of US Foods in a report on Monday, April 14th. Morgan Stanley boosted their price target on US Foods from $76.00 to $82.00 and gave the stock an "overweight" rating in a report on Tuesday, January 21st. UBS Group raised their price objective on US Foods from $77.00 to $83.00 and gave the company a "buy" rating in a research note on Friday, February 14th. Finally, Barclays boosted their target price on US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. One 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. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $71.83.

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.