Clarkston Capital Partners LLC Sells 1,917,618 Shares of US Foods Holding Corp. (NYSE:USFD)

Clarkston Capital Partners LLC decreased its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 34.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,666,227 shares of the company's stock after selling 1,917,618 shares during the period. US Foods comprises about 4.7% of Clarkston Capital Partners LLC's portfolio, making the stock its 6th largest holding. Clarkston Capital Partners LLC owned approximately 1.57% of US Foods worth $247,324,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of USFD. Legacy Wealth Asset Management LLC lifted its position in US Foods by 4.0% in the 4th quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company's stock valued at $279,000 after purchasing an additional 160 shares during the last quarter. Arizona State Retirement System grew its holdings in US Foods by 0.3% in the 4th quarter. Arizona State Retirement System now owns 67,426 shares of the company's stock worth $4,549,000 after buying an additional 170 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in 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 acquiring an additional 178 shares during the period. Vestcor Inc raised its stake in US Foods by 1.0% during the 4th quarter. Vestcor Inc now owns 20,200 shares of the company's stock valued at $1,363,000 after acquiring an additional 195 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its position in US Foods by 2.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,724 shares of the company's stock worth $588,000 after acquiring an additional 206 shares during the period. 98.76% of the stock is currently owned by institutional investors.

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Insider Activity

In other US Foods news, Director David W. Bullock bought 4,000 shares of the company's stock in a transaction dated Tuesday, February 18th. The shares were bought at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the acquisition, the director now directly owns 4,500 shares of the company's stock, valued at approximately $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.70% of the company's stock.

US Foods Trading Down 0.8 %

Shares of US Foods stock traded down $0.49 on Friday, reaching $62.13. 1,019,815 shares of the company were exchanged, compared to its average volume of 1,971,930. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06. US Foods Holding Corp. has a fifty-two week low of $49.65 and a fifty-two week high of $73.19. The firm has a market capitalization of $14.31 billion, a price-to-earnings ratio of 30.77, a price-to-earnings-growth ratio of 1.03 and a beta of 1.38. The stock has a fifty day moving average price of $67.16 and a 200-day moving average price of $66.62.

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

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Piper Sandler raised their price target on US Foods from $75.00 to $77.00 and gave the company 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. Barclays upped their price target 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. Melius assumed coverage on US Foods in a research note on Wednesday, December 18th. They set a "buy" rating and a $12.00 price target for the company. Finally, Jefferies Financial Group lifted their price target on US Foods from $79.00 to $82.00 and gave the company a "buy" rating in a research report on Monday, December 16th. One equities research analyst has rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $71.09.

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.