Marshall Wace LLP Boosts Stock Position in US Foods Holding Corp. (NYSE:USFD)

Marshall Wace LLP boosted its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 179.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,781 shares of the company's stock after purchasing an additional 17,187 shares during the period. Marshall Wace LLP's holdings in US Foods were worth $1,807,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of USFD. NewEdge Advisors LLC increased its stake in shares of US Foods by 10.3% during the fourth quarter. NewEdge Advisors LLC now owns 27,611 shares of the company's stock valued at $1,863,000 after buying an additional 2,582 shares during the period. Jump Financial LLC purchased a new position in US Foods during the 4th quarter valued at $243,000. Bridgewater Associates LP raised its holdings in US Foods by 39.1% in the 4th quarter. Bridgewater Associates LP now owns 60,748 shares of the company's stock worth $4,098,000 after purchasing an additional 17,074 shares in the last quarter. Ontario Teachers Pension Plan Board lifted its position in shares of US Foods by 34.1% in the 4th quarter. Ontario Teachers Pension Plan Board now owns 7,637 shares of the company's stock worth $515,000 after purchasing an additional 1,940 shares during the period. Finally, Mariner LLC boosted its stake in shares of US Foods by 4.4% during the 4th quarter. Mariner LLC now owns 22,619 shares of the company's stock valued at $1,526,000 after purchasing an additional 943 shares in the last quarter. Institutional investors own 98.76% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. UBS Group raised their price objective on shares of US Foods from $77.00 to $83.00 and gave the stock a "buy" rating in a report on Friday, February 14th. Guggenheim restated a "buy" rating and issued a $80.00 target price on shares of US Foods in a research note on Monday, April 14th. Truist Financial upped their price target on US Foods from $78.00 to $80.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. StockNews.com lowered US Foods from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Finally, Morgan Stanley upped their target price on shares of US Foods from $76.00 to $82.00 and gave the stock an "overweight" rating in a research report on Tuesday, January 21st. One analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $71.83.

US Foods Price Performance

Shares of USFD opened at $64.41 on Monday. The company has a market capitalization of $14.85 billion, a P/E ratio of 31.89, a price-to-earnings-growth ratio of 1.03 and a beta of 1.38. US Foods Holding Corp. has a twelve month low of $50.05 and a twelve month high of $73.19. 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 firm has a 50 day moving average of $65.44 and a 200 day moving average of $66.78.

US Foods (NYSE:USFD - Get Free Report) last posted its quarterly earnings results 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 business had revenue of $9.49 billion during the quarter, compared to analysts' expectations of $9.47 billion. As a group, equities research analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Insider Activity

In other news, Director David W. Bullock purchased 4,000 shares of the company's stock in a transaction dated Tuesday, February 18th. The shares were purchased at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the purchase, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. This represents a 800.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.60% of the company's stock.

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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