Pertento Partners LLP Buys 166,016 Shares of US Foods Holding Corp. (NYSE:USFD)

Pertento Partners LLP lifted its stake in US Foods Holding Corp. (NYSE:USFD - Free Report) by 13.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,431,190 shares of the company's stock after acquiring an additional 166,016 shares during the period. US Foods accounts for 8.2% of Pertento Partners LLP's portfolio, making the stock its largest position. Pertento Partners LLP owned 0.61% of US Foods worth $96,548,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in USFD. EverSource Wealth Advisors LLC grew its holdings 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. R Squared Ltd purchased a new position in US Foods during the 4th quarter worth $34,000. Smartleaf Asset Management LLC increased its position in US Foods by 50.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 727 shares of the company's stock valued at $49,000 after buying an additional 243 shares in the last quarter. J.Safra Asset Management Corp boosted its holdings in US Foods by 38.5% in the fourth quarter. J.Safra Asset Management Corp now owns 806 shares of the company's stock worth $55,000 after acquiring an additional 224 shares in the last quarter. Finally, Versant Capital Management Inc grew its stake in shares of US Foods by 112.2% during the fourth quarter. Versant Capital Management Inc now owns 855 shares of the company's stock worth $58,000 after acquiring an additional 452 shares during the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

A number of research firms recently commented on USFD. Melius Research upgraded shares of US Foods to a "strong-buy" rating in a research note on Wednesday, December 18th. Morgan Stanley lifted their price objective 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. Truist Financial upped their target price on US Foods from $78.00 to $80.00 and gave the company a "buy" rating in a research report on Friday, February 14th. Barclays lifted their price target on 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 price objective on US Foods from $79.00 to $82.00 and gave the company a "buy" rating in a report on Monday, December 16th. One equities research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $71.09.

Insider Activity

In related news, Director David W. Bullock purchased 4,000 shares of US Foods stock in a transaction that occurred on Tuesday, February 18th. The stock was purchased at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the transaction, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.70% of the company's stock.

US Foods Stock Performance

USFD traded up $0.52 on Tuesday, reaching $65.98. The stock had a trading volume of 1,078,297 shares, compared to its average volume of 1,966,226. The business's 50-day moving average price is $68.56 and its two-hundred day moving average price is $66.55. The company has a market cap of $15.20 billion, a P/E ratio of 32.66, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65. US Foods Holding Corp. has a 12-month low of $49.65 and a 12-month high of $73.19. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06.

US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings results 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). 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 analyst estimates of $9.47 billion. Sell-side analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

About US Foods

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.