Atalan Capital Partners LP Sells 483,000 Shares of US Foods Holding Corp. $USFD

Atalan Capital Partners LP trimmed its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 28.9% during the fourth quarter, HoldingsChannel reports. The fund owned 1,190,000 shares of the company’s stock after selling 483,000 shares during the period. US Foods comprises about 6.4% of Atalan Capital Partners LP’s investment portfolio, making the stock its 10th largest position. Atalan Capital Partners LP’s holdings in US Foods were worth $89,631,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Russell Investments Group Ltd. grew its holdings in shares of US Foods by 62.8% during the fourth quarter. Russell Investments Group Ltd. now owns 222,307 shares of the company’s stock worth $16,747,000 after buying an additional 85,766 shares in the last quarter. Captrust Financial Advisors grew its holdings in shares of US Foods by 49.9% during the fourth quarter. Captrust Financial Advisors now owns 46,620 shares of the company’s stock worth $3,511,000 after buying an additional 15,526 shares in the last quarter. Artisan Partners Limited Partnership grew its holdings in shares of US Foods by 4.8% during the fourth quarter. Artisan Partners Limited Partnership now owns 3,127,601 shares of the company’s stock worth $235,571,000 after buying an additional 143,165 shares in the last quarter. Bain Capital Public Equity LP bought a new position in shares of US Foods during the fourth quarter worth about $1,122,000. Finally, Magnetar Financial LLC bought a new position in shares of US Foods during the fourth quarter worth about $345,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

USFD has been the subject of a number of research reports. Citigroup decreased their price objective on US Foods from $115.00 to $111.00 and set a “buy” rating for the company in a report on Friday, May 8th. Wall Street Zen downgraded US Foods from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Piper Sandler decreased their price objective on US Foods from $103.00 to $88.00 and set a “neutral” rating for the company in a report on Monday, June 1st. JPMorgan Chase & Co. decreased their price objective on US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Finally, BTIG Research cut their price target on shares of US Foods from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $105.50.

US Foods Stock Down 0.3%

US Foods stock opened at $93.16 on Wednesday. The firm has a market capitalization of $20.52 billion, a PE ratio of 31.37, a P/E/G ratio of 1.17 and a beta of 0.83. The company’s 50-day moving average is $87.60 and its 200-day moving average is $86.10. US Foods Holding Corp. has a fifty-two week low of $69.88 and a fifty-two week high of $102.13. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.14 and a quick ratio of 0.70.

US Foods (NYSE:USFD) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.04). The firm had revenue of $9.61 billion for the quarter, compared to analyst estimates of $9.66 billion. US Foods had a return on equity of 19.37% and a net margin of 1.71%.The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.68 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Sell-side analysts anticipate that US Foods Holding Corp. will post 4.41 earnings per share for the current year.

About US Foods

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.