JPMorgan Chase & Co. grew its holdings in shares of US Foods Holding Corp (NYSE:USFD) by 16.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 211,364 shares of the company’s stock after buying an additional 30,360 shares during the period. JPMorgan Chase & Co.’s holdings in US Foods were worth $7,378,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in USFD. Allen Investment Management LLC increased its position in US Foods by 2,198.4% in the 4th quarter. Allen Investment Management LLC now owns 3,592,637 shares of the company’s stock valued at $113,671,000 after acquiring an additional 3,436,325 shares during the period. Norges Bank acquired a new position in US Foods in the 4th quarter valued at about $74,211,000. Pennsylvania Trust Co acquired a new position in US Foods in the 1st quarter valued at about $117,980,000. Vanguard Group Inc increased its position in US Foods by 8.2% in the 3rd quarter. Vanguard Group Inc now owns 19,776,137 shares of the company’s stock valued at $609,500,000 after acquiring an additional 1,496,976 shares during the period. Finally, Longview Partners Guernsey LTD increased its position in US Foods by 6.4% in the 4th quarter. Longview Partners Guernsey LTD now owns 15,730,376 shares of the company’s stock valued at $497,709,000 after acquiring an additional 945,238 shares during the period. 96.41% of the stock is owned by institutional investors.

Shares of USFD stock opened at $36.78 on Wednesday. The company has a current ratio of 1.39, a quick ratio of 0.82 and a debt-to-equity ratio of 0.99. US Foods Holding Corp has a one year low of $27.51 and a one year high of $40.92. The stock has a market cap of $7.82 billion, a PE ratio of 18.12, a P/E/G ratio of 1.95 and a beta of 0.59.

US Foods (NYSE:USFD) last issued its quarterly earnings results on Tuesday, May 7th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.35 by $0.02. US Foods had a net margin of 1.69% and a return on equity of 14.10%. The business had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $5.96 billion. During the same quarter last year, the company posted $0.35 earnings per share. The company’s quarterly revenue was up 3.6% compared to the same quarter last year. As a group, analysts anticipate that US Foods Holding Corp will post 2.18 EPS for the current year.

In other US Foods news, EVP Steven Guberman sold 23,043 shares of the firm’s stock in a transaction dated Tuesday, May 28th. The shares were sold at an average price of $36.62, for a total value of $843,834.66. Following the transaction, the executive vice president now owns 46,133 shares of the company’s stock, valued at $1,689,390.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Dirk J. Locascio sold 21,332 shares of the firm’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $37.85, for a total transaction of $807,416.20. Following the completion of the transaction, the chief financial officer now directly owns 58,708 shares in the company, valued at approximately $2,222,097.80. The disclosure for this sale can be found here. Insiders have sold 48,809 shares of company stock worth $1,812,737 in the last ninety days. Corporate insiders own 0.80% of the company’s stock.

Several equities analysts have issued reports on USFD shares. Pivotal Research reiterated a “hold” rating and set a $32.00 target price on shares of US Foods in a research report on Wednesday, February 13th. Buckingham Research raised US Foods from a “neutral” rating to a “buy” rating and upped their target price for the company from $32.00 to $48.00 in a research note on Wednesday, May 8th. Finally, Zacks Investment Research raised US Foods from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a research note on Thursday, May 9th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. US Foods presently has an average rating of “Buy” and a consensus price target of $39.80.

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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.

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

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