David W. Bullock Buys 4,000 Shares of US Foods Holding Corp. (NYSE:USFD) Stock

US Foods Holding Corp. (NYSE:USFD - Get Free Report) Director David W. Bullock bought 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was purchased at an average cost of $71.06 per share, with a total value of $284,240.00. Following the completion of the purchase, 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 purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

US Foods Stock Down 1.9 %

Shares of NYSE:USFD traded down $1.39 during midday trading on Friday, hitting $70.26. The stock had a trading volume of 1,677,192 shares, compared to its average volume of 2,042,516. The company has a market cap of $16.19 billion, a P/E ratio of 34.77, a PEG ratio of 1.03 and a beta of 1.67. US Foods Holding Corp. has a 12 month low of $49.65 and a 12 month high of $73.19. The business's 50-day simple moving average is $69.16 and its 200-day simple moving average is $64.52. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06.

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). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The firm had revenue of $9.49 billion for the quarter, compared to analyst estimates of $9.47 billion. On average, sell-side analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on USFD shares. Piper Sandler lifted their price objective on US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a research report on Tuesday. Melius Research upgraded shares of US Foods to a "strong-buy" rating in a research report on Wednesday, December 18th. Jefferies Financial Group raised their price target on US Foods from $79.00 to $82.00 and gave the stock a "buy" rating in a research report on Monday, December 16th. JPMorgan Chase & Co. increased their target price on US Foods from $68.00 to $69.00 and gave the company a "neutral" rating in a research note on Friday, November 8th. Finally, Melius initiated coverage on US Foods in a research report on Wednesday, December 18th. They set a "buy" rating and a $12.00 target price for the company. One research analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $70.33.

Institutional Trading of US Foods

A number of hedge funds have recently made changes to their positions in USFD. Focus Partners Advisor Solutions LLC acquired a new position in US Foods in the 4th quarter valued at about $232,000. PharVision Advisers LLC bought a new position in shares of US Foods during the fourth quarter worth approximately $464,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of US Foods by 10.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 795,248 shares of the company's stock valued at $53,647,000 after buying an additional 77,418 shares in the last quarter. Worldquant Millennium Advisors LLC bought a new stake in shares of US Foods in the fourth quarter valued at approximately $285,000. Finally, Sovereign s Capital Management LLC acquired a new stake in US Foods during the fourth quarter worth approximately $476,000. 98.76% of the stock is owned by institutional investors and hedge funds.

About US Foods

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.