FIL Ltd boosted its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 14.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 137,381 shares of the company's stock after buying an additional 17,851 shares during the period. FIL Ltd owned 0.06% of US Foods worth $9,268,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of USFD. EverSource Wealth Advisors LLC lifted 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 worth $32,000 after buying an additional 178 shares during the last quarter. R Squared Ltd bought a new stake in shares of US Foods in the 4th quarter worth about $34,000. Smartleaf Asset Management LLC boosted its stake in shares of US Foods by 50.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 727 shares of the company's stock worth $49,000 after purchasing an additional 243 shares during the period. J.Safra Asset Management Corp grew its holdings in US Foods by 38.5% during the 4th quarter. J.Safra Asset Management Corp now owns 806 shares of the company's stock valued at $55,000 after purchasing an additional 224 shares during the last quarter. Finally, Versant Capital Management Inc lifted its stake in US Foods by 112.2% in the fourth quarter. Versant Capital Management Inc now owns 855 shares of the company's stock worth $58,000 after purchasing an additional 452 shares during the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.
US Foods Stock Performance
Shares of USFD stock traded down $0.42 on Tuesday, hitting $63.07. The company had a trading volume of 1,301,325 shares, compared to its average volume of 1,980,874. The company has a 50-day moving average price of $66.80 and a 200-day moving average price of $66.67. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. The firm has a market cap of $14.54 billion, a P/E ratio of 31.22, a price-to-earnings-growth ratio of 1.03 and a beta of 1.38. US Foods Holding Corp. has a twelve month low of $49.65 and a twelve month high of $73.19.
US Foods (NYSE:USFD - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.01). The firm had revenue of $9.49 billion for the quarter, compared to analysts' expectations of $9.47 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. As a group, equities research analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.
Insider Activity
In related news, Director David W. Bullock acquired 4,000 shares of the firm's stock in a transaction 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 completion of the acquisition, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. This trade represents a 800.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.70% of the company's stock.
Analysts Set New Price Targets
Several equities analysts have commented on the company. Piper Sandler upped their price objective on US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a research report on Tuesday, February 18th. UBS Group upped their target price on US Foods from $77.00 to $83.00 and gave the stock a "buy" rating in a report on Friday, February 14th. Morgan Stanley lifted their price target on US Foods from $76.00 to $82.00 and gave the company an "overweight" rating in a report on Tuesday, January 21st. Melius Research upgraded US Foods to a "strong-buy" rating in a research note on Wednesday, December 18th. Finally, Melius initiated coverage on shares of US Foods in a research report on Wednesday, December 18th. They issued a "buy" rating and a $12.00 price objective on the stock. One equities research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $71.83.
Check Out Our Latest Report on USFD
About US Foods
(
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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