Securian Asset Management Inc. Sells 1,408 Shares of US Foods Holding Corp. (NYSE:USFD)

Securian Asset Management Inc. lowered its position in shares of US Foods Holding Corp. (NYSE:USFD) by 7.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,609 shares of the company’s stock after selling 1,408 shares during the period. Securian Asset Management Inc.’s holdings in US Foods were worth $1,188,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of USFD. Public Sector Pension Investment Board increased its holdings in shares of 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 buying an additional 2,500,000 shares during the period. Wellington Management Group LLP increased its holdings in shares of 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 buying an additional 2,435,357 shares during the period. Raymond James Financial Inc. purchased a new position in shares of US Foods in the fourth quarter worth about $48,611,000. State Street Corp increased its holdings in shares of US Foods by 4.7% in the third 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 increased its holdings in shares of US Foods by 4.4% in the third 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. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Stock Performance

US Foods stock opened at $65.50 on Friday. The stock’s 50 day simple moving average is $69.13 and its two-hundred day simple moving average is $65.93. 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 stock has a market cap of $15.09 billion, a price-to-earnings ratio of 32.42, a PEG ratio of 1.03 and a beta of 1.65. US Foods Holding Corp. has a fifty-two week low of $49.65 and a fifty-two week high of $73.19.

US Foods (NYSE:USFD) last issued its quarterly earnings results 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 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. As a group, analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Insider Transactions at US Foods

In related news, Director David W. Bullock purchased 4,000 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were purchased at an average cost of $71.06 per share, with a total value of $284,240.00. Following the transaction, the director now directly owns 4,500 shares in the company, valued at $319,770. This trade represents a 800.00 % increase in their position. The purchase 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.

Wall Street Analyst Weigh In

USFD has been the topic of several analyst reports. Barclays lifted their price objective on US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. Jefferies Financial Group boosted their price target on US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a report on Monday, December 16th. UBS Group boosted their price target on US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a report on Friday, February 14th. StockNews.com downgraded US Foods from a “strong-buy” rating to a “buy” rating in a report on Thursday. Finally, Melius initiated coverage on US Foods in a report on Wednesday, December 18th. They set a “buy” rating and a $12.00 price target on the stock. One 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 company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $70.33.

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.