Islay Capital Management LLC Invests $765,000 in US Foods Holding Corp. (NYSE:USFD)

Islay Capital Management LLC bought a new position in US Foods Holding Corp. (NYSE:USFD - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 11,333 shares of the company's stock, valued at approximately $765,000.

Several other large investors have also made changes to their positions in the business. Public Sector Pension Investment Board lifted its stake in shares of US Foods by 100.2% in the third quarter. Public Sector Pension Investment Board now owns 6,000 shares of the company's stock valued at $369,000 after buying an additional 2,500,000 shares during the period. Benjamin Edwards Inc. bought a new stake in shares of US Foods in the 3rd quarter worth approximately $328,000. HighTower Advisors LLC grew its holdings in shares of US Foods by 16.8% during the 3rd quarter. HighTower Advisors LLC now owns 23,419 shares of the company's stock worth $1,442,000 after purchasing an additional 3,368 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in shares of US Foods during the third quarter valued at approximately $5,446,000. Finally, Redwood Investment Management LLC raised its stake in shares of US Foods by 4.1% in the third quarter. Redwood Investment Management LLC now owns 27,205 shares of the company's stock valued at $1,637,000 after purchasing an additional 1,066 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on USFD shares. Truist Financial boosted their price target on shares of 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 increased their price target 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. Piper Sandler lifted their price objective on US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a report on Tuesday, February 18th. Morgan Stanley increased their target price on US Foods from $76.00 to $82.00 and gave the stock an "overweight" rating in a report on Tuesday, January 21st. Finally, Barclays boosted their price target on US Foods from $82.00 to $85.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. One equities research analyst has rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, US Foods presently has a consensus rating of "Buy" and an average price target of $71.09.

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Insider Activity at US Foods

In related news, Director David W. Bullock bought 4,000 shares of US Foods stock in a transaction on Tuesday, February 18th. The shares were purchased at an average price 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 in the company, valued at approximately $319,770. This represents a 800.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.70% of the stock is currently owned by company insiders.

US Foods Price Performance

NYSE:USFD traded down $2.54 during mid-day trading on Thursday, reaching $62.23. 674,902 shares of the company were exchanged, compared to its average volume of 1,966,013. US Foods Holding Corp. has a 12 month low of $49.65 and a 12 month high of $73.19. The stock has a market cap of $14.34 billion, a PE ratio of 30.62, a PEG ratio of 1.03 and a beta of 1.38. 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 company has a fifty day moving average of $67.33 and a 200 day moving average of $66.62.

US Foods (NYSE:USFD - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing analysts' consensus estimates of $0.79 by ($0.01). The firm had revenue of $9.49 billion during the quarter, compared to the consensus estimate of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. On average, research analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

US Foods Company 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.