US Foods Holding Corp. $USFD Shares Bought by Duncan Williams Asset Management LLC

Duncan Williams Asset Management LLC lifted its position in shares of US Foods Holding Corp. (NYSE:USFD) by 17.4% in the second quarter, HoldingsChannel reports. The institutional investor owned 12,088 shares of the company’s stock after purchasing an additional 1,788 shares during the period. Duncan Williams Asset Management LLC’s holdings in US Foods were worth $931,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of USFD. OMNI 360 Wealth Inc. acquired a new stake in shares of US Foods in the second quarter valued at about $276,000. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of US Foods by 14.5% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,500 shares of the company’s stock valued at $622,000 after purchasing an additional 1,200 shares during the period. Allianz Asset Management GmbH increased its holdings in shares of US Foods by 152.6% during the first quarter. Allianz Asset Management GmbH now owns 104,768 shares of the company’s stock valued at $6,858,000 after purchasing an additional 63,288 shares during the period. Jupiter Asset Management Ltd. bought a new stake in US Foods during the first quarter worth approximately $91,087,000. Finally, GAMMA Investing LLC grew its holdings in US Foods by 16.0% during the first quarter. GAMMA Investing LLC now owns 3,458 shares of the company’s stock worth $226,000 after acquiring an additional 478 shares during the period. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Stock Up 0.8%

Shares of US Foods stock opened at $76.14 on Monday. US Foods Holding Corp. has a 12-month low of $57.36 and a 12-month high of $85.11. 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 has a 50 day moving average price of $78.65 and a two-hundred day moving average price of $74.75. The stock has a market capitalization of $17.14 billion, a P/E ratio of 32.54, a PEG ratio of 1.07 and a beta of 1.36.

US Foods (NYSE:USFD) last issued its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $10.17 billion. US Foods had a net margin of 1.43% and a return on equity of 16.86%. US Foods’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.93 earnings per share. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. Equities analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Dirk J. Locascio sold 7,500 shares of the company’s stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of $80.00, for a total transaction of $600,000.00. Following the completion of the transaction, the executive vice president directly owned 115,077 shares in the company, valued at $9,206,160. The trade was a 6.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages recently commented on USFD. Wall Street Zen upgraded shares of US Foods from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 5th. Wells Fargo & Company restated an “overweight” rating and set a $87.00 price target (up from $80.00) on shares of US Foods in a report on Friday, August 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of US Foods in a research note on Saturday, September 27th. Guggenheim lifted their target price on shares of US Foods from $80.00 to $88.00 and gave the company a “buy” rating in a research note on Monday, August 11th. Finally, UBS Group lifted their price target on US Foods from $84.00 to $96.00 and gave the company a “buy” rating in a report on Monday, July 28th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $81.27.

About US Foods

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.