First Trust Advisors LP Sells 49,041 Shares of US Foods Holding Corp. (NYSE:USFD)

First Trust Advisors LP trimmed its stake in US Foods Holding Corp. (NYSE:USFD - Free Report) by 19.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 208,020 shares of the company's stock after selling 49,041 shares during the quarter. First Trust Advisors LP owned approximately 0.09% of US Foods worth $14,033,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

A number of research firms have recently issued reports on USFD. Guggenheim restated a "buy" rating and set a $80.00 target price on shares of US Foods in a research note on Monday, April 14th. Truist Financial upped their target price on US Foods from $78.00 to $80.00 and gave the company a "buy" rating in a research report on Friday, February 14th. UBS Group boosted their price target on US Foods from $77.00 to $83.00 and gave the company a "buy" rating in a research note on Friday, February 14th. StockNews.com cut US Foods from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Finally, Morgan Stanley boosted their target price on shares of US Foods from $76.00 to $82.00 and gave the company an "overweight" rating in a research report on Tuesday, January 21st. One analyst has rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, US Foods has an average rating of "Buy" and an average price target of $71.83.

Insider Activity at US Foods

In related news, Director David W. Bullock purchased 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was bought at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the completion of the acquisition, the director now owns 4,500 shares of the company's stock, valued at approximately $319,770. This represents a 800.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.60% of the stock is owned by insiders.

US Foods Stock Down 0.3 %

NYSE USFD opened at $64.41 on Monday. US Foods Holding Corp. has a fifty-two week low of $50.05 and a fifty-two week high of $73.19. The business has a fifty day moving average price of $65.44 and a two-hundred day moving average price of $66.78. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. The stock has a market capitalization of $14.85 billion, a PE ratio of 31.89, a PEG ratio of 1.03 and a beta of 1.38.

US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings data 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 business had revenue of $9.49 billion during the quarter, compared to analyst estimates of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. Equities 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.

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