MetLife Investment Management LLC Acquires 5,115 Shares of US Foods Holding Corp. (NYSE:USFD)

MetLife Investment Management LLC lifted its stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 4.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 131,242 shares of the company's stock after buying an additional 5,115 shares during the period. MetLife Investment Management LLC owned about 0.06% of US Foods worth $8,854,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of USFD. Stifel Financial Corp lifted its position in shares of US Foods by 38.4% during the 3rd quarter. Stifel Financial Corp now owns 13,457 shares of the company's stock worth $828,000 after buying an additional 3,734 shares in the last quarter. MML Investors Services LLC bought a new stake in US Foods during the third quarter worth $508,000. SkyView Investment Advisors LLC boosted its position in US Foods by 2.1% in the third quarter. SkyView Investment Advisors LLC now owns 18,979 shares of the company's stock worth $1,167,000 after purchasing an additional 382 shares during the last quarter. Sanctuary Advisors LLC grew its stake in US Foods by 107.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 14,283 shares of the company's stock valued at $878,000 after purchasing an additional 7,409 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of US Foods during the 3rd quarter valued at $83,000. Institutional investors own 98.76% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on USFD shares. StockNews.com lowered shares of US Foods from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Morgan Stanley raised their price target on shares of US Foods from $76.00 to $82.00 and gave the stock an "overweight" rating in a research note on Tuesday, January 21st. Piper Sandler upped their price objective on US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a research note on Tuesday, February 18th. Guggenheim reissued a "buy" rating and issued a $80.00 target price on shares of US Foods in a research report on Monday, April 14th. Finally, Truist Financial boosted their target price on US Foods from $78.00 to $80.00 and gave the company a "buy" rating in a research note on Friday, February 14th. One research analyst has rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, US Foods currently has a consensus rating of "Buy" and an average target price of $71.83.

US Foods Price Performance

NYSE:USFD traded down $0.22 during mid-day trading on Friday, hitting $64.41. 1,069,525 shares of the stock traded hands, compared to its average volume of 1,981,944. US Foods Holding Corp. has a 12-month low of $50.05 and a 12-month 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 company has a market cap of $14.85 billion, a PE ratio of 31.89, a price-to-earnings-growth 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 $66.70.

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

Insider Buying and Selling at US Foods

In other news, Director David W. Bullock purchased 4,000 shares of the company's stock in a transaction on Tuesday, February 18th. The stock was purchased at an average price of $71.06 per share, with a total value of $284,240.00. Following the completion of the purchase, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. This trade represents a 800.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.60% of the stock is currently owned by company insiders.

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.