Simon Quick Advisors LLC Takes Position in US Foods Holding Corp. $USFD

Simon Quick Advisors LLC purchased a new stake in shares of US Foods Holding Corp. (NYSE:USFD) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,363 shares of the company’s stock, valued at approximately $259,000.

Other institutional investors have also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd purchased a new position in shares of US Foods during the 1st quarter valued at $31,000. V Square Quantitative Management LLC lifted its position in shares of US Foods by 58.7% during the 2nd quarter. V Square Quantitative Management LLC now owns 541 shares of the company’s stock valued at $42,000 after buying an additional 200 shares during the last quarter. Assetmark Inc. lifted its position in shares of US Foods by 41.1% during the 2nd quarter. Assetmark Inc. now owns 931 shares of the company’s stock valued at $72,000 after buying an additional 271 shares during the last quarter. Rosenberg Matthew Hamilton lifted its position 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 valued at $88,000 after buying an additional 1,076 shares during the last quarter. Finally, Signaturefd LLC lifted its position in shares of US Foods by 19.7% during the 1st quarter. Signaturefd LLC now owns 1,302 shares of the company’s stock valued at $85,000 after buying an additional 214 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Price Performance

Shares of NYSE USFD opened at $73.75 on Tuesday. The firm has a market capitalization of $16.61 billion, a P/E ratio of 31.52, a P/E/G ratio of 1.02 and a beta of 1.34. The company has a quick ratio of 0.73, a current ratio of 1.17 and a debt-to-equity ratio of 1.02. The stock’s 50-day simple moving average is $76.56 and its two-hundred day simple moving average is $76.51. US Foods Holding Corp. has a twelve month low of $57.36 and a twelve month high of $85.11.

US Foods (NYSE:USFD) last announced its earnings results on Thursday, August 7th. The company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.14 by $0.05. The business had revenue of $10.08 billion for the quarter, compared to analyst estimates of $10.17 billion. US Foods had a return on equity of 16.86% and a net margin of 1.43%.The company’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.93 EPS. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. As a group, equities analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Piper Sandler upped their price target on US Foods from $77.00 to $85.00 and gave the company an “overweight” rating in a research report on Tuesday, September 2nd. Sanford C. Bernstein started coverage on US Foods in a research note on Wednesday, October 22nd. They set an “outperform” rating and a $95.00 price objective on the stock. Wells Fargo & Company reiterated an “overweight” rating and set a $87.00 price objective (up from $80.00) on shares of US Foods in a research note on Friday, August 8th. Weiss Ratings reiterated a “buy (b+)” rating on shares of US Foods in a research note on Tuesday, October 14th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $89.00 price objective (up from $84.00) on shares of US Foods in a research note on Monday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, US Foods currently has a consensus rating of “Buy” and an average price target of $82.42.

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.