MGO One Seven LLC Has $1.62 Million Stake in US Foods Holding Corp. (NYSE:USFD)

MGO One Seven LLC lifted its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 172.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,982 shares of the company's stock after purchasing an additional 15,182 shares during the period. MGO One Seven LLC's holdings in US Foods were worth $1,618,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of USFD. Boston Partners grew its holdings in shares of US Foods by 0.6% during the 4th quarter. Boston Partners now owns 12,744,006 shares of the company's stock worth $860,460,000 after purchasing an additional 77,012 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of US Foods by 7.3% in the 4th quarter. JPMorgan Chase & Co. now owns 4,304,310 shares of the company's stock valued at $290,369,000 after purchasing an additional 292,404 shares in the last quarter. Norges Bank acquired a new stake in US Foods in the fourth quarter valued at $211,300,000. Artisan Partners Limited Partnership acquired a new stake in shares of US Foods during the 4th quarter worth about $171,107,000. Finally, Pertento Partners LLP raised its holdings in US Foods by 13.1% during the fourth quarter. Pertento Partners LLP now owns 1,431,190 shares of the company's stock worth $96,548,000 after purchasing an additional 166,016 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director David W. Bullock bought 4,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were acquired at an average cost 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 acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.60% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on USFD. UBS Group upped their target price on shares of US Foods from $77.00 to $83.00 and gave the company a "buy" rating in a report on Friday, February 14th. Piper Sandler raised 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. Barclays raised their price objective on shares of 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 raised their target price on shares of US Foods from $76.00 to $82.00 and gave the company an "overweight" rating in a report on Tuesday, January 21st. Finally, Truist Financial raised their target price 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. One analyst has rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $71.83.

US Foods Stock Up 0.7 %

NYSE USFD traded up $0.46 on Tuesday, reaching $65.23. The stock had a trading volume of 1,745,460 shares, compared to its average volume of 1,984,244. US Foods Holding Corp. has a 1 year low of $50.05 and a 1 year high of $73.19. The business has a 50 day moving average price of $65.44 and a 200 day moving average price of $66.78. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $15.04 billion, a price-to-earnings ratio of 32.29, a P/E/G ratio of 1.03 and a beta of 1.38.

US Foods (NYSE:USFD - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.78 earnings per share for the quarter, missing analysts' consensus estimates of $0.79 by ($0.01). The company 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, analysts forecast 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.