Trexquant Investment LP lessened its stake in US Foods Holding Corp. (NYSE:USFD - Free Report) by 49.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 156,248 shares of the company's stock after selling 151,169 shares during the period. Trexquant Investment LP owned about 0.07% of US Foods worth $10,540,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Boston Partners boosted its position in shares of US Foods by 0.6% in the 4th quarter. Boston Partners now owns 12,744,006 shares of the company's stock worth $860,460,000 after purchasing an additional 77,012 shares in the last quarter. Wellington Management Group LLP lifted its position in US Foods by 25.2% during the third quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company's stock valued at $744,548,000 after purchasing an additional 2,435,357 shares in the last quarter. State Street Corp increased its holdings in US Foods by 4.7% in the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company's stock worth $433,299,000 after acquiring an additional 316,061 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of US Foods by 7.3% in the fourth quarter. JPMorgan Chase & Co. now owns 4,304,310 shares of the company's stock worth $290,369,000 after acquiring an additional 292,404 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of US Foods by 6.5% in the third quarter. Geode Capital Management LLC now owns 3,972,930 shares of the company's stock worth $244,401,000 after buying an additional 241,900 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.
US Foods Stock Down 5.0 %
NYSE USFD traded down $3.22 during mid-day trading on Friday, reaching $61.80. 3,361,588 shares of the company's stock traded hands, compared to its average volume of 1,964,117. 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 company has a market cap of $14.24 billion, a price-to-earnings ratio of 30.59, a P/E/G ratio of 1.03 and a beta of 1.38. The company has a fifty day simple moving average of $68.23 and a 200-day simple moving average of $66.59.
US Foods (NYSE:USFD - Get Free Report) last announced its quarterly 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). The firm 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%. As a group, equities research analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current year.
Insider Transactions at US Foods
In other US Foods news, Director David W. Bullock purchased 4,000 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The shares were acquired at an average cost 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. The trade was a 800.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.70% of the company's stock.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the company. Truist Financial raised their price objective on US Foods from $78.00 to $80.00 and gave the company a "buy" rating in a research note on Friday, February 14th. Piper Sandler upped their target price on US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a report on Tuesday, February 18th. 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 note on Tuesday, January 21st. Melius Research raised shares of US Foods to a "strong-buy" rating in a research report on Wednesday, December 18th. Finally, StockNews.com lowered US Foods from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. One equities research analyst has rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $71.09.
View Our Latest Stock Analysis on US Foods
About US Foods
(
Free Report)
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.
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