Quantbot Technologies LP cut its position in shares of US Foods Holding Corp (NYSE:USFD) by 32.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,916 shares of the company’s stock after selling 10,952 shares during the quarter. Quantbot Technologies LP’s holdings in US Foods were worth $706,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Longview Partners Guernsey LTD acquired a new stake in US Foods during the third quarter valued at approximately $455,678,000. BlackRock Inc. boosted its holdings in US Foods by 18.2% during the third quarter. BlackRock Inc. now owns 9,098,361 shares of the company’s stock valued at $280,412,000 after purchasing an additional 1,398,787 shares in the last quarter. Alliancebernstein L.P. boosted its holdings in US Foods by 293.4% during the third quarter. Alliancebernstein L.P. now owns 7,881,635 shares of the company’s stock valued at $242,912,000 after purchasing an additional 5,878,089 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in US Foods by 16.5% during the second quarter. Dimensional Fund Advisors LP now owns 3,833,517 shares of the company’s stock valued at $144,987,000 after purchasing an additional 542,581 shares in the last quarter. Finally, American Century Companies Inc. boosted its holdings in US Foods by 12.6% during the third quarter. American Century Companies Inc. now owns 3,802,982 shares of the company’s stock valued at $117,208,000 after purchasing an additional 424,348 shares in the last quarter. 98.73% of the stock is currently owned by institutional investors and hedge funds.

In other news, Director Cheryl A. Bachelder bought 3,200 shares of the business’s stock in a transaction dated Monday, November 12th. The stock was bought at an average price of $31.30 per share, for a total transaction of $100,160.00. Following the completion of the purchase, the director now owns 3,200 shares of the company’s stock, valued at approximately $100,160. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.57% of the company’s stock.

NYSE:USFD opened at $32.50 on Thursday. US Foods Holding Corp has a 1 year low of $27.51 and a 1 year high of $40.92. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.39 and a quick ratio of 0.80. The company has a market capitalization of $7.06 billion, a PE ratio of 35.71, a PEG ratio of 0.61 and a beta of 0.43.

US Foods (NYSE:USFD) last posted its earnings results on Tuesday, November 6th. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.04. US Foods had a net margin of 2.33% and a return on equity of 13.04%. The company had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $6.31 billion. During the same quarter in the previous year, the company posted $0.39 earnings per share. US Foods’s quarterly revenue was down .8% compared to the same quarter last year. As a group, sell-side analysts anticipate that US Foods Holding Corp will post 1.99 EPS for the current year.

USFD has been the topic of a number of recent research reports. Zacks Investment Research raised US Foods from a “sell” rating to a “hold” rating in a report on Tuesday, September 18th. Citigroup decreased their price objective on US Foods from $45.00 to $39.00 and set a “buy” rating on the stock in a report on Friday, August 17th. TheStreet downgraded US Foods from a “b-” rating to a “c+” rating in a report on Wednesday, September 5th. Pivotal Research decreased their price objective on US Foods from $33.00 to $31.00 and set a “hold” rating on the stock in a report on Wednesday, November 7th. Finally, Buckingham Research initiated coverage on US Foods in a report on Monday, October 22nd. They set a “neutral” rating and a $32.00 price objective on the stock. Seven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. US Foods presently has a consensus rating of “Buy” and a consensus price target of $37.73.

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About US Foods

US Foods Holding Corp., through its subsidiary, US Foods, Inc, markets and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States. Its 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.

Further Reading: Buyback

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Institutional Ownership by Quarter for US Foods (NYSE:USFD)

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