Quantbot Technologies LP Makes New Investment in US Foods Holding Corp. (NYSE:USFD)

Quantbot Technologies LP acquired a new stake in US Foods Holding Corp. (NYSE:USFD - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 14,847 shares of the company's stock, valued at approximately $1,002,000.

A number of other hedge funds have also added to or reduced their stakes in USFD. EverSource Wealth Advisors LLC boosted its holdings in shares of US Foods by 59.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock valued at $32,000 after purchasing an additional 178 shares during the period. R Squared Ltd bought a new position in shares of US Foods during the 4th quarter worth $34,000. First Horizon Advisors Inc. increased its stake in shares of US Foods by 54.2% during the third quarter. First Horizon Advisors Inc. now owns 575 shares of the company's stock valued at $35,000 after buying an additional 202 shares during the period. Smartleaf Asset Management LLC raised its holdings in shares of US Foods by 50.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 727 shares of the company's stock valued at $49,000 after acquiring an additional 243 shares in the last quarter. Finally, J.Safra Asset Management Corp lifted its stake 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 during the period. 98.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have commented on USFD shares. StockNews.com downgraded shares of US Foods from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. UBS Group boosted their price objective on shares of US Foods from $77.00 to $83.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. Melius began coverage on US Foods in a report on Wednesday, December 18th. They set a "buy" rating and a $12.00 target price for the company. Morgan Stanley lifted their price target on 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 upped their price objective on US Foods from $78.00 to $80.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. One equities research analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $71.09.

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Insider Buying and Selling at US Foods

In other US Foods news, Director David W. Bullock purchased 4,000 shares of US Foods stock in a transaction on Tuesday, February 18th. The stock was bought at an average cost of $71.06 per share, with a total value of $284,240.00. Following the transaction, the director now owns 4,500 shares of the company's stock, valued at $319,770. This represents a 800.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.70% of the company's stock.

US Foods Stock Down 1.6 %

Shares of USFD stock traded down $1.06 during trading hours on Friday, reaching $64.23. 812,310 shares of the company's stock were exchanged, compared to its average volume of 1,964,404. US Foods Holding Corp. has a 1 year low of $49.65 and a 1 year 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. The stock has a market cap of $14.80 billion, a PE ratio of 31.79, a PEG ratio of 1.03 and a beta of 1.65. The stock's fifty day moving average price is $68.70 and its two-hundred day moving average price is $66.33.

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). The company had revenue of $9.49 billion for the quarter, compared to analyst estimates of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. Research analysts predict that US Foods Holding Corp. will post 3.59 EPS for the current 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.