ExodusPoint Capital Management LP Invests $10.65 Million in US Foods Holding Corp. (NYSE:USFD)

ExodusPoint Capital Management LP purchased a new stake 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 purchased 157,850 shares of the company's stock, valued at approximately $10,649,000. ExodusPoint Capital Management LP owned 0.07% of US Foods at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in USFD. Legacy Wealth Asset Management LLC increased 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 valued at $279,000 after acquiring an additional 160 shares during the period. Arizona State Retirement System boosted its position in shares of US Foods by 0.3% in the 4th quarter. Arizona State Retirement System now owns 67,426 shares of the company's stock valued at $4,549,000 after purchasing an additional 170 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of US Foods by 59.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock worth $32,000 after acquiring an additional 178 shares in the last quarter. Vestcor Inc raised its stake in US Foods by 1.0% during the 4th 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. Finally, Allspring Global Investments Holdings LLC lifted its stake in US Foods by 2.4% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,724 shares of the company's stock worth $588,000 after acquiring an additional 206 shares in the last quarter. Institutional investors own 98.76% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on USFD. Melius Research raised shares of US Foods to a "strong-buy" rating in a research report on Wednesday, December 18th. Morgan Stanley lifted their target price on shares of US Foods from $76.00 to $82.00 and gave the company an "overweight" rating in a research note on Tuesday, January 21st. UBS Group upped their price target on shares of US Foods from $77.00 to $83.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. Barclays lifted their price objective on US Foods from $82.00 to $85.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Finally, Jefferies Financial Group raised their price target on shares of US Foods from $79.00 to $82.00 and gave the company a "buy" rating in a report on Monday, December 16th. One research analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $71.09.

Insider Transactions at US Foods

In related news, Director David W. Bullock bought 4,000 shares of US Foods stock in a transaction dated Tuesday, February 18th. The shares were bought at an average cost of $71.06 per share, for a total transaction 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.70% of the stock is owned by company insiders.

US Foods Price Performance

USFD stock traded down $2.31 during trading on Thursday, hitting $62.46. The company had a trading volume of 619,812 shares, compared to its average volume of 1,965,768. 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 has a fifty day moving average price of $67.33 and a two-hundred day moving average price of $66.62. US Foods Holding Corp. has a fifty-two week low of $49.65 and a fifty-two week high of $73.19. The company has a market cap of $14.39 billion, a P/E ratio of 31.00, a P/E/G ratio of 1.03 and a beta of 1.38.

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

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.