Diametric Capital LP Invests $375,000 in US Foods Holding Corp. (NYSE:USFD)

Diametric Capital LP acquired a new stake in US Foods Holding Corp. (NYSE:USFD) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 5,553 shares of the company’s stock, valued at approximately $375,000.

Several other hedge funds have also added to or reduced their stakes in USFD. Norges Bank bought a new position in shares of US Foods during the fourth quarter valued at $211,300,000. Artisan Partners Limited Partnership acquired a new stake in US Foods in the fourth quarter valued at $171,107,000. Public Sector Pension Investment Board raised its position in US Foods by 100.2% during the 3rd 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 last quarter. Wellington Management Group LLP lifted its holdings in US Foods by 25.2% during the 3rd 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. Finally, Raymond James Financial Inc. bought a new stake in shares of US Foods in the 4th quarter valued at about $48,611,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Trading Up 0.8 %

NYSE:USFD opened at $65.98 on Wednesday. US Foods Holding Corp. has a one year low of $49.65 and a one year high of $73.19. The company has a market cap of $15.20 billion, a PE ratio of 32.66, a PEG 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. The firm has a 50-day moving average of $68.50 and a 200-day moving average of $66.59.

US Foods (NYSE:USFD) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.01). The company had revenue of $9.49 billion during the quarter, compared to analysts’ expectations of $9.47 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. As a group, equities research analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on USFD shares. Truist Financial lifted their price objective on US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Melius Research raised shares of US Foods to a “strong-buy” rating in a research note on Wednesday, December 18th. Barclays lifted their target price on shares of US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. StockNews.com cut shares of US Foods from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Finally, Melius began coverage on shares of US Foods in a research note on Wednesday, December 18th. They set a “buy” rating and a $12.00 target price on the stock. One research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, US Foods presently has an average rating of “Buy” and an average target price of $71.09.

Insider Buying and Selling at US Foods

In other news, Director David W. Bullock acquired 4,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was purchased at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the purchase, the director now owns 4,500 shares in the company, 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 the SEC website. Company insiders own 0.70% of the company’s stock.

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.