Tower Research Capital LLC TRC Boosts Position in US Foods Holding Corp. (NYSE:USFD)

Tower Research Capital LLC TRC boosted its position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 183.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,036 shares of the company's stock after purchasing an additional 11,031 shares during the period. Tower Research Capital LLC TRC's holdings in US Foods were worth $1,149,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. GeoWealth Management LLC lifted its holdings in US Foods by 94.5% during the 4th quarter. GeoWealth Management LLC now owns 389 shares of the company's stock valued at $26,000 after buying an additional 189 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock valued at $32,000 after acquiring an additional 178 shares in the last quarter. Legacy Investment Solutions LLC purchased a new stake in shares of US Foods in the fourth quarter valued at approximately $32,000. R Squared Ltd bought a new position in US Foods in the fourth quarter worth approximately $34,000. Finally, Smartleaf Asset Management LLC grew its stake in US Foods by 50.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 727 shares of the company's stock worth $49,000 after purchasing an additional 243 shares in the last quarter. Institutional investors own 98.76% of the company's stock.

Insiders Place Their Bets

In other news, Director David W. Bullock purchased 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was 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 directly owns 4,500 shares in the company, valued at $319,770. This represents a 800.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.60% of the stock is owned by company insiders.

US Foods Stock Performance

Shares of USFD traded up $0.45 during midday trading on Tuesday, reaching $65.22. 1,226,932 shares of the stock were exchanged, compared to its average volume of 1,981,018. US Foods Holding Corp. has a twelve month low of $50.05 and a twelve month high of $73.19. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. The company has a market capitalization of $15.03 billion, a price-to-earnings ratio of 32.22, a PEG ratio of 1.03 and a beta of 1.38. The business's 50-day moving average price is $65.44 and its 200 day moving average price is $66.78.

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

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on USFD. Barclays increased 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. 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 research report on Tuesday, January 21st. Guggenheim reaffirmed a "buy" rating and issued a $80.00 price target on shares of US Foods in a research report on Monday, April 14th. Piper Sandler lifted their price objective on shares of US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a report on Tuesday, February 18th. Finally, StockNews.com lowered US Foods from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. One analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $71.83.

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.