Analysts at Barclays PLC initiated coverage on shares of US Foods Holding Corp (NASDAQ:USFD) in a research report issued to clients and investors on Monday. The brokerage set an “equal weight” rating and a $30.00 price target on the stock. Barclays PLC’s price objective points to a potential upside of 11.32% from the company’s current price.

Several other analysts also recently commented on USFD. Pivotal Research raised their target price on shares of US Foods Holding Corp from $25.00 to $29.00 and gave the stock a “hold” rating in a report on Wednesday, May 10th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $32.00 price objective on shares of US Foods Holding Corp in a report on Wednesday, May 10th. Guggenheim reiterated a “buy” rating and issued a $33.00 price objective (up from $30.00) on shares of US Foods Holding Corp in a report on Monday, May 15th. Loop Capital initiated coverage on shares of US Foods Holding Corp in a report on Monday, May 15th. They issued a “hold” rating and a $31.00 price objective on the stock. Finally, Credit Suisse Group reiterated an “outperform” rating and issued a $35.00 price objective (up from $32.00) on shares of US Foods Holding Corp in a report on Wednesday, May 17th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company’s stock. US Foods Holding Corp currently has an average rating of “Buy” and a consensus target price of $30.91.

Shares of US Foods Holding Corp (NASDAQ:USFD) opened at 26.95 on Monday. The firm has a 50-day moving average of $27.58 and a 200 day moving average of $27.89. US Foods Holding Corp has a 1-year low of $22.19 and a 1-year high of $30.73. The stock has a market capitalization of $6.03 billion and a PE ratio of 20.23.

US Foods Holding Corp (NASDAQ:USFD) last announced its earnings results on Wednesday, August 9th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.35 by $0.02. The firm had revenue of $6.16 billion for the quarter, compared to the consensus estimate of $6.03 billion. US Foods Holding Corp had a net margin of 1.06% and a return on equity of 10.08%. The business’s quarterly revenue was up 6.1% on a year-over-year basis. During the same period last year, the company posted ($0.07) EPS. On average, equities analysts anticipate that US Foods Holding Corp will post $1.35 earnings per share for the current fiscal year.

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In other news, insider Keith D. Rohland sold 35,451 shares of US Foods Holding Corp stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $27.12, for a total value of $961,431.12. Following the sale, the insider now directly owns 57,433 shares in the company, valued at $1,557,582.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Institutional investors have recently modified their holdings of the company. FMR LLC increased its position in shares of US Foods Holding Corp by 120.1% in the first quarter. FMR LLC now owns 16,128,349 shares of the company’s stock worth $451,271,000 after buying an additional 8,801,856 shares during the last quarter. Vanguard Group Inc. increased its position in shares of US Foods Holding Corp by 58.5% in the second quarter. Vanguard Group Inc. now owns 11,969,560 shares of the company’s stock worth $325,811,000 after buying an additional 4,416,504 shares during the last quarter. Samlyn Capital LLC increased its position in shares of US Foods Holding Corp by 238.4% in the second quarter. Samlyn Capital LLC now owns 4,509,759 shares of the company’s stock worth $122,755,000 after buying an additional 3,176,959 shares during the last quarter. BlackRock Inc. increased its position in shares of US Foods Holding Corp by 2,703.9% in the first quarter. BlackRock Inc. now owns 3,153,795 shares of the company’s stock worth $88,245,000 after buying an additional 3,041,315 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of US Foods Holding Corp by 1,232.3% in the first quarter. Bank of New York Mellon Corp now owns 2,349,118 shares of the company’s stock worth $65,729,000 after buying an additional 2,172,804 shares during the last quarter.

About US Foods Holding Corp

US Foods Holding Corp. is a holding company. The Company is a foodservice distributor in the United States. The Company, through US Foods, Inc (USF), markets and primarily distributes fresh, frozen and dry food and non-food products to foodservice customers throughout the United States. These 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.

Analyst Recommendations for US Foods Holding Corp (NASDAQ:USFD)

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