US Foods Holding Corp. (NYSE:USFD) Stake Lowered by Vanguard Group Inc.

Vanguard Group Inc. decreased its stake in US Foods Holding Corp. (NYSE:USFD) by 3.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,332,974 shares of the company’s stock after selling 720,147 shares during the period. Vanguard Group Inc. owned 10.02% of US Foods worth $1,574,042,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. LPL Financial LLC lifted its stake in US Foods by 12.1% in the fourth quarter. LPL Financial LLC now owns 108,598 shares of the company’s stock valued at $7,326,000 after buying an additional 11,735 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of US Foods in the 4th quarter worth about $3,218,000. Hillsdale Investment Management Inc. bought a new stake in US Foods in the 4th quarter valued at about $758,000. Sei Investments Co. boosted its stake in US Foods by 52.3% during the 4th quarter. Sei Investments Co. now owns 471,717 shares of the company’s stock valued at $31,822,000 after purchasing an additional 161,887 shares during the period. Finally, Quantbot Technologies LP bought a new position in US Foods in the 4th quarter worth about $1,002,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

Insider Transactions at US Foods

In other news, Director David W. Bullock bought 4,000 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were acquired at an average cost of $71.06 per share, with a total value of $284,240.00. Following the completion of the transaction, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. The trade was a 800.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.70% of the stock is owned by insiders.

US Foods Stock Performance

Shares of USFD opened at $65.28 on Friday. US Foods Holding Corp. has a 12-month low of $49.65 and a 12-month high of $73.19. The stock has a market capitalization of $15.04 billion, a P/E ratio of 32.32, a P/E/G ratio of 1.03 and a beta of 1.65. The firm’s 50 day moving average is $68.70 and its 200-day moving average is $66.33. 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 (NYSE:USFD) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.01). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The business had revenue of $9.49 billion during the quarter, compared to analyst estimates of $9.47 billion. Equities research analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Wall Street Analyst Weigh In

USFD has been the topic of a number of recent analyst reports. Jefferies Financial Group lifted 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. Truist Financial increased their price target on US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Piper Sandler lifted their price objective on shares of US Foods from $75.00 to $77.00 and gave the company an “overweight” rating in a research note on Tuesday, February 18th. StockNews.com lowered shares of US Foods from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Finally, Melius Research upgraded shares of US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. One research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $71.09.

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.