Distillate Capital Partners LLC bought a new position in US Foods Holding Corp. (NYSE:USFD - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 237,125 shares of the company's stock, valued at approximately $15,996,000. Distillate Capital Partners LLC owned about 0.10% of US Foods as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently made changes to their positions in USFD. Norges Bank purchased a new position in shares of US Foods in the fourth quarter valued at about $211,300,000. Artisan Partners Limited Partnership purchased a new position in US Foods during the 4th quarter valued at about $171,107,000. Raymond James Financial Inc. bought a new position in US Foods during the 4th quarter valued at approximately $48,611,000. Arrowstreet Capital Limited Partnership lifted its holdings in US Foods by 307.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 639,558 shares of the company's stock worth $43,145,000 after buying an additional 482,461 shares during the period. Finally, Renaissance Technologies LLC grew its position in shares of US Foods by 240.4% in the 4th quarter. Renaissance Technologies LLC now owns 612,000 shares of the company's stock worth $41,286,000 after buying an additional 432,200 shares during the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.
US Foods Stock Down 0.7 %
Shares of US Foods stock traded down $0.42 during midday trading on Tuesday, hitting $63.07. The company had a trading volume of 1,301,325 shares, compared to its average volume of 1,982,144. The company has a 50 day moving average of $66.65 and a 200 day moving average of $66.65. The stock has a market capitalization of $14.54 billion, a P/E ratio of 31.22, a P/E/G ratio of 1.03 and a beta of 1.38. US Foods Holding Corp. has a 52-week low of $49.65 and a 52-week high of $73.19. 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 (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 the consensus estimate of $0.79 by ($0.01). The company 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%. On average, equities analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other US Foods news, Director David W. Bullock bought 4,000 shares of US Foods stock in a transaction on Tuesday, February 18th. The stock was acquired at an average price of $71.06 per share, with a total value of $284,240.00. Following the acquisition, the director now owns 4,500 shares in the company, valued at approximately $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.70% of the company's stock.
Analyst Ratings Changes
A number of analysts recently commented on the company. Melius Research raised US Foods to a "strong-buy" rating in a research note on Wednesday, December 18th. StockNews.com cut shares of US Foods from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Guggenheim reiterated a "buy" rating and set a $80.00 price target on shares of US Foods in a research report on Monday. Jefferies Financial Group raised their price objective on shares of US Foods from $79.00 to $82.00 and gave the stock a "buy" rating in a report on Monday, December 16th. Finally, UBS Group lifted their price objective on US Foods from $77.00 to $83.00 and gave the company a "buy" rating in a research report on Friday, February 14th. One investment analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $71.83.
Read Our Latest Research Report on USFD
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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