Inceptionr LLC Buys 7,446 Shares of US Foods Holding Corp. (NYSE:USFD)

Inceptionr LLC boosted its stake in US Foods Holding Corp. (NYSE:USFD - Free Report) by 30.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,208 shares of the company's stock after purchasing an additional 7,446 shares during the period. US Foods comprises 0.5% of Inceptionr LLC's investment portfolio, making the stock its 18th largest position. Inceptionr LLC's holdings in US Foods were worth $2,173,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of USFD. US Bancorp DE raised its stake in shares of US Foods by 217.6% during the third quarter. US Bancorp DE now owns 30,404 shares of the company's stock valued at $1,870,000 after acquiring an additional 20,831 shares during the last quarter. Stephens Inc. AR increased its holdings in US Foods by 12.5% during the 3rd quarter. Stephens Inc. AR now owns 6,017 shares of the company's stock valued at $370,000 after purchasing an additional 669 shares during the period. Janney Montgomery Scott LLC raised its position in US Foods by 4.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 17,940 shares of the company's stock valued at $1,103,000 after purchasing an additional 692 shares during the last quarter. QRG Capital Management Inc. lifted its holdings in US Foods by 7.1% in the 3rd quarter. QRG Capital Management Inc. now owns 24,438 shares of the company's stock worth $1,503,000 after buying an additional 1,619 shares during the period. Finally, JB Capital LLC grew its position in shares of US Foods by 7.1% in the 3rd quarter. JB Capital LLC now owns 27,289 shares of the company's stock worth $1,678,000 after buying an additional 1,807 shares during 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 brokerages recently commented on USFD. Truist Financial upped their target price on US Foods from $78.00 to $80.00 and gave the company a "buy" rating in a report on Friday, February 14th. Jefferies Financial Group raised their target price on shares of US Foods from $79.00 to $82.00 and gave the stock a "buy" rating in a research report on Monday, December 16th. Melius assumed coverage on US Foods in a research report on Wednesday, December 18th. They set a "buy" rating and a $12.00 price objective on the stock. Barclays increased their target price on US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. Finally, Piper Sandler boosted their target price on shares of US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a report on Tuesday, February 18th. One equities research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, US Foods currently has a consensus rating of "Buy" and an average target price of $70.33.

Insiders Place Their Bets

In other US Foods news, Director David W. Bullock acquired 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The shares were acquired 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 directly owns 4,500 shares of the company's stock, valued at approximately $319,770. The trade was a 800.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 0.70% of the company's stock.

US Foods Stock Performance

Shares of NYSE:USFD traded down $2.04 during trading on Monday, hitting $63.58. The company's stock had a trading volume of 3,688,377 shares, compared to its average volume of 1,838,159. The company has a 50-day moving average of $69.43 and a 200-day moving average of $65.82. The firm has a market cap of $14.65 billion, a price-to-earnings ratio of 31.48, a P/E/G ratio of 1.03 and a beta of 1.65. US Foods Holding Corp. has a 12 month low of $49.65 and a 12 month high of $73.19. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71.

US Foods (NYSE:USFD - Get Free Report) last released its quarterly 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). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The company had revenue of $9.49 billion for the quarter, compared to the consensus estimate of $9.47 billion. On average, sell-side analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current 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.