Quadrature Capital Ltd Makes New Investment in US Foods Holding Corp. $USFD

Quadrature Capital Ltd bought a new stake in shares of US Foods Holding Corp. (NYSE:USFD) during the second quarter, Holdings Channel reports. The fund bought 7,904 shares of the company’s stock, valued at approximately $609,000.

Several other large investors have also modified their holdings of the business. Caitong International Asset Management Co. Ltd purchased a new position in US Foods during the first quarter valued at approximately $31,000. MAI Capital Management boosted its position in US Foods by 155.6% during the 2nd quarter. MAI Capital Management now owns 529 shares of the company’s stock valued at $41,000 after acquiring an additional 322 shares in the last quarter. V Square Quantitative Management LLC increased its holdings in shares of US Foods by 58.7% in the 2nd quarter. V Square Quantitative Management LLC now owns 541 shares of the company’s stock valued at $42,000 after acquiring an additional 200 shares during the period. Assetmark Inc. raised its position in shares of US Foods by 41.1% in the 2nd quarter. Assetmark Inc. now owns 931 shares of the company’s stock worth $72,000 after acquiring an additional 271 shares in the last quarter. Finally, Rosenberg Matthew Hamilton lifted its stake in shares of US Foods by 1,474.0% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 1,149 shares of the company’s stock worth $88,000 after purchasing an additional 1,076 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on USFD shares. Wall Street Zen upgraded shares of US Foods from a “buy” rating to a “strong-buy” rating in a report on Friday. Weiss Ratings reiterated a “buy (b)” rating on shares of US Foods in a research note on Monday, November 24th. Guggenheim increased their target price on shares of US Foods from $80.00 to $88.00 and gave the company a “buy” rating in a research report on Monday, August 11th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of US Foods in a report on Friday, November 7th. Finally, Barclays decreased their price objective on US Foods from $95.00 to $90.00 and set an “overweight” rating for the company in a report on Friday, November 7th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $82.00.

Insider Activity

In other news, insider Steven Guberman sold 58,632 shares of US Foods stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $72.00, for a total value of $4,221,504.00. Following the sale, the insider owned 113,410 shares in the company, valued at $8,165,520. This trade represents a 34.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.60% of the stock is currently owned by company insiders.

US Foods Price Performance

Shares of USFD opened at $77.56 on Tuesday. The business’s 50-day moving average is $74.87 and its two-hundred day moving average is $77.36. The company has a market capitalization of $17.29 billion, a P/E ratio of 32.32, a P/E/G ratio of 1.06 and a beta of 1.03. US Foods Holding Corp. has a fifty-two week low of $57.36 and a fifty-two week high of $85.11. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.70 and a current ratio of 1.15.

US Foods (NYSE:USFD) last announced its quarterly earnings results on Thursday, November 6th. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.02. US Foods had a net margin of 1.43% and a return on equity of 17.71%. 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 prior year, the firm posted $0.85 earnings per share. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. Research analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

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.