Mitsubishi UFJ Trust & Banking Corp Acquires Shares of 11,470 US Foods Holding Corp. $USFD

Mitsubishi UFJ Trust & Banking Corp acquired a new position in US Foods Holding Corp. (NYSE:USFD) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 11,470 shares of the company’s stock, valued at approximately $879,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust boosted its position in US Foods by 303.7% during the third quarter. Parkside Financial Bank & Trust now owns 327 shares of the company’s stock worth $25,000 after acquiring an additional 246 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in US Foods by 120.1% in the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after acquiring an additional 263 shares during the last quarter. First Horizon Corp acquired a new position in shares of US Foods in the 3rd quarter valued at $39,000. MAI Capital Management lifted its position in US Foods by 155.6% in the second quarter. MAI Capital Management now owns 529 shares of the company’s stock valued at $41,000 after buying an additional 322 shares during the last quarter. Finally, Quent Capital LLC acquired a new position in shares of US Foods in the 3rd quarter worth approximately $43,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Trading Down 0.8%

NYSE USFD opened at $83.56 on Friday. The company has a quick ratio of 0.70, a current ratio of 1.15 and a debt-to-equity ratio of 1.08. The firm has a 50-day moving average price of $78.35 and a 200 day moving average price of $77.63. The stock has a market capitalization of $18.63 billion, a P/E ratio of 34.81, a P/E/G ratio of 1.06 and a beta of 1.03. US Foods Holding Corp. has a 52-week low of $57.36 and a 52-week high of $85.85.

US Foods (NYSE:USFD) last posted its quarterly earnings results on Thursday, November 6th. The company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.02. US Foods had a return on equity of 17.71% and a net margin of 1.43%.The firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.18 billion. During the same period in the previous year, the business earned $0.85 earnings per share. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. Equities research analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current year.

Insider Transactions at US Foods

In other news, insider Steven Guberman sold 58,632 shares of US Foods stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $72.00, for a total transaction of $4,221,504.00. Following the completion of the sale, the insider directly owned 113,410 shares in the company, valued at approximately $8,165,520. This trade represents a 34.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on USFD shares. Weiss Ratings reissued a “buy (b)” rating on shares of US Foods in a research note on Monday, December 29th. Citigroup increased their price objective on shares of US Foods from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Tuesday. Barclays dropped their price objective on US Foods from $95.00 to $90.00 and set an “overweight” rating on the stock in a report on Friday, November 7th. Wall Street Zen downgraded shares of US Foods from a “strong-buy” rating to a “buy” rating in a research report on Monday, January 19th. Finally, Morgan Stanley set a $92.00 price target on US Foods in a research note on Tuesday, January 20th. Nine research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $90.00.

US Foods Profile

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.