AlphaQuest LLC Has $1.30 Million Stake in US Foods Holding Corp. (NYSE:USFD)

AlphaQuest LLC decreased its position in US Foods Holding Corp. (NYSE:USFD) by 36.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,218 shares of the company’s stock after selling 10,983 shares during the quarter. AlphaQuest LLC’s holdings in US Foods were worth $1,296,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Wellington Management Group LLP grew its holdings in shares of US Foods by 25.2% in the 3rd quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock valued at $744,548,000 after acquiring an additional 2,435,357 shares in the last quarter. State Street Corp grew its holdings in shares of US Foods by 4.7% in the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company’s stock valued at $433,299,000 after acquiring an additional 316,061 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of US Foods by 4.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,841,961 shares of the company’s stock valued at $420,781,000 after acquiring an additional 291,016 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of US Foods by 6.5% in the 3rd quarter. Geode Capital Management LLC now owns 3,972,930 shares of the company’s stock valued at $244,401,000 after acquiring an additional 241,900 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of US Foods by 6.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,712,880 shares of the company’s stock valued at $105,342,000 after acquiring an additional 109,488 shares in the last quarter. Institutional investors own 98.76% of the company’s stock.

US Foods Trading Down 1.8 %

Shares of USFD stock opened at $65.64 on Monday. The firm has a 50 day moving average price of $69.43 and a two-hundred day moving average price of $65.82. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $15.12 billion, a PE ratio of 32.49, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65. US Foods Holding Corp. has a 12-month low of $49.65 and a 12-month high of $73.19.

US Foods (NYSE:USFD) last released its quarterly 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). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The business had revenue of $9.49 billion during the quarter, compared to analyst estimates of $9.47 billion. As a group, analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insider Activity

In other US Foods news, Director David W. Bullock purchased 4,000 shares of the company’s stock in a transaction dated 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 transaction, the director now owns 4,500 shares in the company, valued at approximately $319,770. This represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 0.70% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently weighed in on USFD. Morgan Stanley raised their price objective on US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. UBS Group lifted 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. Piper Sandler lifted their price target on US Foods from $75.00 to $77.00 and gave the stock an “overweight” rating in a report on Tuesday, February 18th. Jefferies Financial Group lifted their price target on US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Finally, Barclays lifted their price target on US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. One analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, US Foods currently has a consensus rating of “Buy” and a consensus price target of $70.33.

US Foods Company 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.