Massar Capital Management LP Takes Position in US Foods Holding Corp. (NYSE:USFD)

Massar Capital Management LP bought a new stake in US Foods Holding Corp. (NYSE:USFD - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 57,521 shares of the company's stock, valued at approximately $3,880,000. US Foods makes up about 4.4% of Massar Capital Management LP's investment portfolio, making the stock its 5th biggest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Legacy Wealth Asset Management LLC lifted its holdings in shares of US Foods by 4.0% in the 4th quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company's stock worth $279,000 after acquiring an additional 160 shares during the last quarter. Arizona State Retirement System raised its position in US Foods by 0.3% in the 4th quarter. Arizona State Retirement System now owns 67,426 shares of the company's stock worth $4,549,000 after purchasing an additional 170 shares during the period. EverSource Wealth Advisors LLC lifted its stake in US Foods by 59.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock worth $32,000 after purchasing an additional 178 shares during the last quarter. GeoWealth Management LLC boosted its position in US Foods by 94.5% during the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company's stock valued at $26,000 after buying an additional 189 shares during the period. Finally, Vestcor Inc grew its stake in shares of US Foods by 1.0% during the fourth quarter. Vestcor Inc now owns 20,200 shares of the company's stock valued at $1,363,000 after buying an additional 195 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on USFD shares. Barclays boosted their target price on US Foods from $82.00 to $85.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Morgan Stanley lifted their target price on shares of US Foods from $76.00 to $82.00 and gave the stock an "overweight" rating in a research note on Tuesday, January 21st. StockNews.com lowered shares of US Foods from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Guggenheim reissued a "buy" rating and issued a $80.00 price target on shares of US Foods in a report on Monday, April 14th. Finally, Piper Sandler upped their price objective on shares of US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a research note on Tuesday, February 18th. One research analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, US Foods has an average rating of "Buy" and an average price target of $71.83.

US Foods Stock Down 0.3 %

USFD stock traded down $0.22 during midday trading on Friday, hitting $64.41. The stock had a trading volume of 1,069,525 shares, compared to its average volume of 1,981,944. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. The firm has a market cap of $14.85 billion, a price-to-earnings ratio of 31.89, a price-to-earnings-growth ratio of 1.03 and a beta of 1.38. The business has a 50-day moving average of $65.44 and a two-hundred day moving average of $66.70. US Foods Holding Corp. has a 52-week low of $50.05 and a 52-week high of $73.19.

US Foods (NYSE:USFD - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.78 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.79 by ($0.01). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The business had revenue of $9.49 billion for the quarter, compared to analysts' expectations of $9.47 billion. As a group, equities research analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Insider Activity

In other US Foods news, Director David W. Bullock acquired 4,000 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average cost 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 position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate 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.