Thrivent Financial for Lutherans Increases Stock Position in US Foods Holding Corp. (NYSE:USFD)

Thrivent Financial for Lutherans lifted its position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 82.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 181,145 shares of the company's stock after purchasing an additional 82,079 shares during the quarter. Thrivent Financial for Lutherans owned 0.08% of US Foods worth $12,220,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Legacy Wealth Asset Management LLC grew its position in US Foods by 4.0% during the fourth quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company's stock valued at $279,000 after buying an additional 160 shares during the period. Arizona State Retirement System boosted its stake in shares of US Foods by 0.3% during the 4th quarter. Arizona State Retirement System now owns 67,426 shares of the company's stock worth $4,549,000 after acquiring an additional 170 shares in the last quarter. Bank of Montreal Can grew its position in shares of US Foods by 0.3% during the 3rd quarter. Bank of Montreal Can now owns 66,848 shares of the company's stock valued at $4,022,000 after acquiring an additional 171 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of US Foods by 59.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock valued at $32,000 after purchasing an additional 178 shares in the last quarter. Finally, Vestcor Inc raised its holdings in US Foods by 1.0% in the 4th quarter. Vestcor Inc now owns 20,200 shares of the company's stock worth $1,363,000 after purchasing an additional 195 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

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Insider Buying and Selling

In other US Foods news, Director David W. Bullock acquired 4,000 shares of the firm's stock in a transaction that occurred 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 acquisition, the director now 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 purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.70% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Melius assumed coverage on US Foods in a research report on Wednesday, December 18th. They issued a "buy" rating and a $12.00 price objective for the company. Morgan Stanley boosted their price target on shares of US Foods from $76.00 to $82.00 and gave the stock an "overweight" rating in a report on Tuesday, January 21st. Truist Financial increased their price objective 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. Barclays boosted their target price on shares of US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Finally, Jefferies Financial Group lifted their price objective on US Foods from $79.00 to $82.00 and gave the stock a "buy" rating in a report on Monday, December 16th. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $71.09.

US Foods Price Performance

Shares of US Foods stock traded up $0.43 on Wednesday, hitting $65.63. 1,529,144 shares of the company were exchanged, compared to its average volume of 1,893,640. US Foods Holding Corp. has a 1-year low of $49.65 and a 1-year high of $73.19. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $15.12 billion, a price-to-earnings ratio of 32.49, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65. The company has a 50-day moving average price of $68.80 and a 200 day moving average price of $66.34.

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

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.