Westover Capital Advisors LLC raised its position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 199.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,722 shares of the company's stock after acquiring an additional 17,125 shares during the period. Westover Capital Advisors LLC's holdings in US Foods were worth $1,735,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also recently modified their holdings of USFD. Ashton Thomas Securities LLC purchased a new position in US Foods during the third quarter worth $31,000. R Squared Ltd bought a new position in US Foods during the 4th quarter valued at about $34,000. Huntington National Bank raised its position in US Foods by 332.5% in the 3rd quarter. Huntington National Bank now owns 532 shares of the company's stock worth $33,000 after purchasing an additional 409 shares during the period. Capital Performance Advisors LLP bought a new stake in US Foods in the third quarter worth about $34,000. Finally, First Horizon Advisors Inc. boosted its position in shares of US Foods by 54.2% during the third quarter. First Horizon Advisors Inc. now owns 575 shares of the company's stock valued at $35,000 after buying an additional 202 shares during the period. 98.76% of the stock is currently owned by institutional investors.
Insider Buying and Selling at US Foods
In other news, Director David W. Bullock bought 4,000 shares of the stock in a transaction on Tuesday, February 18th. The stock was bought at an average cost of $71.06 per share, for a total transaction 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. The trade was a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.70% of the company's stock.
US Foods Stock Down 0.8 %
NYSE:USFD traded down $0.56 during trading hours on Thursday, reaching $68.58. The company's stock had a trading volume of 338,386 shares, compared to its average volume of 1,816,388. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. The company has a market capitalization of $15.80 billion, a P/E ratio of 33.96, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65. The stock has a 50 day moving average price of $69.52 and a two-hundred day moving average price of $65.65. US Foods Holding Corp. has a 12 month low of $49.65 and a 12 month high of $73.19.
US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.78 EPS 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 company had revenue of $9.49 billion during the quarter, compared to the consensus estimate of $9.47 billion. Equities analysts predict that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.
Analyst Ratings Changes
Several brokerages have recently weighed in on USFD. UBS Group increased their price target on US Foods from $77.00 to $83.00 and gave the stock a "buy" rating in a report on Friday, February 14th. Barclays lifted their target price 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 upped 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. Jefferies Financial Group lifted their price objective on shares of US Foods from $79.00 to $82.00 and gave the company a "buy" rating in a report on Monday, December 16th. Finally, JPMorgan Chase & Co. upped their target price on shares of US Foods from $68.00 to $69.00 and gave the stock a "neutral" rating in a research note on Friday, November 8th. One analyst has rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $70.33.
Check Out Our Latest Analysis on US Foods
US Foods Company Profile
(
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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