Thompson Siegel & Walmsley LLC Has $49.45 Million Stock Holdings in US Foods Holding Corp. (NYSE:USFD)

Thompson Siegel & Walmsley LLC cut its holdings in US Foods Holding Corp. (NYSE:USFD) by 26.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 733,062 shares of the company’s stock after selling 269,225 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in US Foods were worth $49,452,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Public Sector Pension Investment Board increased its position in US Foods by 100.2% in the third quarter. Public Sector Pension Investment Board now owns 6,000 shares of the company’s stock worth $369,000 after purchasing an additional 2,500,000 shares during the period. Wellington Management Group LLP increased its position in US Foods by 25.2% in the third quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock worth $744,548,000 after purchasing an additional 2,435,357 shares during the period. Raymond James Financial Inc. acquired a new position in shares of US Foods during the 4th quarter worth about $48,611,000. State Street Corp grew its position in shares of US Foods by 4.7% during the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company’s stock worth $433,299,000 after buying an additional 316,061 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its position in shares of US Foods by 4.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,841,961 shares of the company’s stock worth $420,781,000 after buying an additional 291,016 shares during the period. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Stock Performance

Shares of NYSE USFD opened at $65.21 on Thursday. The stock’s fifty day moving average price is $69.26 and its two-hundred day moving average price is $65.90. The firm has a market cap of $15.02 billion, a price-to-earnings ratio of 32.28, a P/E/G ratio of 1.03 and a beta of 1.65. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. US Foods Holding Corp. has a one year low of $49.65 and a one year high of $73.19.

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

Insider Buying and Selling

In other US Foods news, Director David W. Bullock acquired 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was 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 $319,770. This represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 0.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

USFD has been the subject of several analyst reports. Truist Financial boosted their target price on US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. Barclays lifted their price objective on US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Jefferies Financial Group lifted their price objective on US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a report on Monday, December 16th. Melius initiated coverage on US Foods in a research note on Wednesday, December 18th. They issued a “buy” rating and a $12.00 target price on the stock. Finally, Piper Sandler upped their price objective on US Foods from $75.00 to $77.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 18th. 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 MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $70.33.

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.