Russell Investments Group Ltd. Purchases 109,413 Shares of US Foods Holding Corp. (NYSE:USFD)

Russell Investments Group Ltd. increased its stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 118.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 202,150 shares of the company's stock after purchasing an additional 109,413 shares during the quarter. Russell Investments Group Ltd. owned 0.09% of US Foods worth $13,637,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Retirement Systems of Alabama lifted its position in shares of US Foods by 5.4% during the 3rd quarter. Retirement Systems of Alabama now owns 348,979 shares of the company's stock valued at $21,462,000 after acquiring an additional 17,897 shares during the period. EntryPoint Capital LLC acquired a new position in US Foods during the fourth quarter worth $357,000. Longbow Finance SA purchased a new stake in US Foods during the fourth quarter worth $9,001,000. Avantax Advisory Services Inc. grew its holdings in US Foods by 121.6% in the fourth quarter. Avantax Advisory Services Inc. now owns 11,131 shares of the company's stock valued at $751,000 after purchasing an additional 6,108 shares during the last quarter. Finally, Merit Financial Group LLC purchased a new position in shares of US Foods in the fourth quarter valued at $413,000. 98.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on USFD shares. UBS Group raised 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. StockNews.com downgraded US Foods from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Guggenheim reiterated a "buy" rating and set a $80.00 target price on shares of US Foods in a report on Monday. Piper Sandler boosted their price target on US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a report on Tuesday, February 18th. 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 research note on Monday, December 16th. One research analyst has rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $71.83.

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Insiders Place Their Bets

In related news, Director David W. Bullock purchased 4,000 shares of the stock in a transaction on 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 completion of the transaction, the director now directly owns 4,500 shares of the company's stock, valued at approximately $319,770. The trade was a 800.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.70% of the company's stock.

US Foods Stock Down 0.4 %

Shares of NYSE:USFD traded down $0.28 during midday trading on Tuesday, hitting $63.21. 417,637 shares of the stock were exchanged, compared to its average volume of 1,977,455. The business's fifty day simple moving average is $66.80 and its two-hundred day simple moving average is $66.67. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. US Foods Holding Corp. has a 52-week low of $49.65 and a 52-week high of $73.19. The company has a market capitalization of $14.57 billion, a PE ratio of 31.29, a P/E/G ratio of 1.03 and a beta of 1.38.

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