Intrust Bank NA acquired a new position in US Foods Holding Corp. (NYSE:USFD - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 4,599 shares of the company's stock, valued at approximately $310,000.
Other institutional investors have also modified their holdings of the company. Retirement Systems of Alabama boosted 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 buying an additional 17,897 shares in the last quarter. State Street Corp lifted its position in shares of US Foods by 4.7% during the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company's stock valued at $433,299,000 after acquiring an additional 316,061 shares during the last quarter. EntryPoint Capital LLC bought a new stake in shares of US Foods during the 4th quarter worth $357,000. Longbow Finance SA acquired a new position in shares of US Foods in the 4th quarter worth $9,001,000. Finally, Avantax Advisory Services Inc. raised its position in shares of US Foods by 121.6% during the fourth quarter. Avantax Advisory Services Inc. now owns 11,131 shares of the company's stock worth $751,000 after purchasing an additional 6,108 shares during the period. Institutional investors and hedge funds own 98.76% of the company's stock.
Insiders Place Their Bets
In related news, Director David W. Bullock purchased 4,000 shares of US Foods stock in a transaction on Tuesday, February 18th. The stock was bought at an average price of $71.06 per share, with a total value 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. This represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.70% of the company's stock.
US Foods Stock Up 0.8 %
USFD traded up $0.52 during trading on Tuesday, reaching $65.98. 1,094,849 shares of the stock traded hands, compared to its average volume of 1,964,642. The stock's 50-day simple moving average is $68.56 and its two-hundred day simple moving average is $66.55. 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 Holding Corp. has a fifty-two week low of $49.65 and a fifty-two week high of $73.19. The stock has a market cap of $15.20 billion, a price-to-earnings ratio of 32.66, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65.
US Foods (NYSE:USFD - Get Free Report) last announced 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 firm had revenue of $9.49 billion for the quarter, compared to analyst estimates of $9.47 billion. As a group, equities research analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current year.
Analysts Set New Price Targets
Several analysts have issued reports on USFD shares. StockNews.com downgraded US Foods from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Melius assumed coverage on shares of US Foods in a research report on Wednesday, December 18th. They issued a "buy" rating and a $12.00 target price on the stock. Melius Research upgraded shares of US Foods to a "strong-buy" rating in a research report on Wednesday, December 18th. Barclays lifted their price objective on shares of US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. Finally, Jefferies Financial Group increased their target price on US Foods from $79.00 to $82.00 and gave the company a "buy" rating in a report on Monday, December 16th. One investment analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, US Foods presently has an average rating of "Buy" and a consensus target price of $71.09.
Read Our Latest Stock Report on US Foods
US Foods Company Profile
(
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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