US Bancorp DE lowered its position in shares of US Foods Holding Corp. (NYSE:USFD – Free Report) by 30.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,242 shares of the company’s stock after selling 5,763 shares during the period. US Bancorp DE’s holdings in US Foods were worth $1,015,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Archer Investment Corp boosted its stake in shares of US Foods by 8.8% in the second quarter. Archer Investment Corp now owns 1,850 shares of the company’s stock valued at $142,000 after purchasing an additional 150 shares during the period. True Wealth Design LLC lifted its holdings in US Foods by 12.2% in the 3rd quarter. True Wealth Design LLC now owns 1,402 shares of the company’s stock worth $107,000 after buying an additional 152 shares in the last quarter. Benjamin Edwards Inc. lifted its holdings in US Foods by 3.3% in the 2nd quarter. Benjamin Edwards Inc. now owns 5,854 shares of the company’s stock worth $451,000 after buying an additional 185 shares in the last quarter. Suncoast Equity Management boosted its position in US Foods by 1.7% in the 3rd quarter. Suncoast Equity Management now owns 11,435 shares of the company’s stock valued at $876,000 after buying an additional 190 shares during the last quarter. Finally, Intrust Bank NA boosted its position in US Foods by 3.8% in the 2nd quarter. Intrust Bank NA now owns 5,437 shares of the company’s stock valued at $419,000 after buying an additional 201 shares during the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on USFD. Wall Street Zen lowered US Foods from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Guggenheim raised their price objective on US Foods from $95.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Barclays lifted their price objective on US Foods from $90.00 to $104.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. BTIG Research upped their target price on US Foods from $82.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Finally, UBS Group reissued a “buy” rating and set a $117.00 price target on shares of US Foods in a research report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, US Foods currently has an average rating of “Moderate Buy” and a consensus target price of $107.33.
US Foods Stock Performance
Shares of USFD stock opened at $90.41 on Friday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.68 and a current ratio of 1.16. US Foods Holding Corp. has a one year low of $57.36 and a one year high of $102.13. The company’s 50-day simple moving average is $86.79 and its 200-day simple moving average is $79.75. The stock has a market capitalization of $19.94 billion, a price-to-earnings ratio of 30.75, a PEG ratio of 1.13 and a beta of 0.98.
US Foods (NYSE:USFD – Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.03. US Foods had a return on equity of 18.74% and a net margin of 1.71%.The firm had revenue of $9.80 billion during the quarter, compared to analyst estimates of $9.90 billion. During the same period in the previous year, the company earned $0.84 earnings per share. US Foods’s quarterly revenue was up 3.3% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Equities analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.
Insider Buying and Selling at US Foods
In related news, insider James David Works, Jr. sold 65,737 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $96.52, for a total transaction of $6,344,935.24. Following the sale, the insider directly owned 88,176 shares of the company’s stock, valued at approximately $8,510,747.52. This represents a 42.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.60% of the company’s stock.
US Foods Company Profile
US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.
Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.
See Also
- Five stocks we like better than US Foods
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- What a Former CIA Agent Knows About the Coming Collapse
- Unlocked: Elon Musk’s Next Big IPO
- Elon Musk already made me a “wealthy man”
Want to see what other hedge funds are holding USFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for US Foods Holding Corp. (NYSE:USFD – Free Report).
Receive News & Ratings for US Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Foods and related companies with MarketBeat.com's FREE daily email newsletter.
