Segall Bryant & Hamill LLC Has $9.92 Million Holdings in US Foods Holding Corp. $USFD

Segall Bryant & Hamill LLC raised its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 6.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 128,768 shares of the company’s stock after buying an additional 7,898 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.06% of US Foods worth $9,916,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of USFD. Cozad Asset Management Inc. bought a new stake in US Foods in the 2nd quarter valued at $9,868,000. Journey Strategic Wealth LLC acquired a new position in US Foods during the second quarter valued at approximately $238,000. Franklin Resources Inc. increased its holdings in US Foods by 30.8% during the second quarter. Franklin Resources Inc. now owns 47,780 shares of the company’s stock worth $3,680,000 after buying an additional 11,244 shares during the last quarter. Archer Investment Corp increased its stake in shares of US Foods by 8.8% during the 2nd quarter. Archer Investment Corp now owns 1,850 shares of the company’s stock worth $142,000 after purchasing an additional 150 shares during the last quarter. Finally, Legal & General Group Plc increased its position in US Foods by 5.1% during the second quarter. Legal & General Group Plc now owns 546,374 shares of the company’s stock worth $42,076,000 after buying an additional 26,534 shares during the last quarter. 98.76% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

USFD has been the subject of several research reports. Guggenheim lifted their price target on US Foods from $80.00 to $88.00 and gave the stock a “buy” rating in a report on Monday, August 11th. UBS Group lifted their price target on US Foods from $84.00 to $96.00 and gave the company a “buy” rating in a research note on Monday, July 28th. Barclays dropped their price target on shares of US Foods from $95.00 to $90.00 and set an “overweight” rating for the company in a research note on Friday, November 7th. Wall Street Zen raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of US Foods in a research note on Monday, November 17th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, US Foods has a consensus rating of “Buy” and a consensus target price of $82.00.

US Foods Price Performance

NYSE USFD opened at $71.15 on Monday. 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 company has a market cap of $15.86 billion, a PE ratio of 29.65, a price-to-earnings-growth ratio of 0.96 and a beta of 1.34. US Foods Holding Corp. has a 52 week low of $57.36 and a 52 week high of $85.11. The firm’s 50-day simple moving average is $74.89 and its two-hundred day simple moving average is $77.17.

US Foods (NYSE:USFD) last announced its quarterly earnings results on Thursday, November 6th. The company reported $1.07 EPS for the quarter, beating 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 company had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.18 billion. During the same period in the prior year, the company posted $0.85 EPS. US Foods’s 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.

Insider Activity at US Foods

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

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.