Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 20.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 61,317 shares of the company's stock after acquiring an additional 10,502 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in US Foods were worth $4,136,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. R Squared Ltd acquired a new position in shares of US Foods during the 4th quarter worth $34,000. Huntington National Bank increased its holdings in US Foods by 332.5% in the third quarter. Huntington National Bank now owns 532 shares of the company's stock valued at $33,000 after buying an additional 409 shares in the last quarter. First Horizon Advisors Inc. grew its holdings in shares of US Foods by 54.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company's stock worth $35,000 after acquiring an additional 202 shares during the period. Venturi Wealth Management LLC increased its stake in US Foods by 72.0% in the 3rd quarter. Venturi Wealth Management LLC now owns 657 shares of the company's stock valued at $40,000 after purchasing an additional 275 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in US Foods by 66,100.0% in the third quarter. Assetmark Inc. now owns 662 shares of the company's stock valued at $41,000 after purchasing an additional 661 shares during the last quarter. Institutional investors and hedge funds own 98.76% of the company's stock.
US Foods Price Performance
Shares of NYSE:USFD traded up $0.06 during trading on Wednesday, reaching $65.05. The company had a trading volume of 2,658,113 shares, compared to its average volume of 2,277,917. US Foods Holding Corp. has a twelve month low of $49.65 and a twelve month high of $73.19. 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 firm has a market capitalization of $14.99 billion, a PE ratio of 32.20, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65. The firm's fifty day moving average is $69.07 and its 200 day moving average is $66.12.
US Foods (NYSE:USFD - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.78 earnings per share (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 the consensus estimate of $9.47 billion. On average, equities analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current year.
Insiders Place Their Bets
In other news, Director David W. Bullock acquired 4,000 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The shares were purchased at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the completion of the acquisition, the director now owns 4,500 shares of the company's stock, valued at approximately $319,770. This represents a 800.00 % increase in their position. The purchase 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.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on USFD shares. Truist Financial increased their price target on shares of US Foods from $78.00 to $80.00 and gave the company a "buy" rating in a research report on Friday, February 14th. StockNews.com downgraded US Foods from a "strong-buy" rating to a "buy" rating in a research report on Thursday, March 13th. UBS Group lifted their price objective on US Foods from $77.00 to $83.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. Melius Research raised shares of US Foods to a "strong-buy" rating in a research report on Wednesday, December 18th. Finally, Morgan Stanley lifted their price objective on US Foods from $76.00 to $82.00 and gave the company an "overweight" rating in a research report on Tuesday, January 21st. One analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $70.33.
Read Our Latest Stock Report on USFD
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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