Victory Capital Management Inc. Has $392.58 Million Position in US Foods Holding Corp. $USFD

Victory Capital Management Inc. lessened its stake in US Foods Holding Corp. (NYSE:USFD) by 38.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,123,674 shares of the company’s stock after selling 3,181,001 shares during the period. Victory Capital Management Inc. owned about 2.30% of US Foods worth $392,576,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of US Foods in the second quarter valued at $184,413,000. Primecap Management Co. CA grew its holdings in shares of US Foods by 84.4% during the second quarter. Primecap Management Co. CA now owns 3,580,710 shares of the company’s stock worth $275,750,000 after purchasing an additional 1,639,310 shares during the last quarter. Holocene Advisors LP acquired a new stake in US Foods in the 2nd quarter valued at about $64,220,000. Jupiter Asset Management Ltd. raised its position in US Foods by 1,027.7% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 652,114 shares of the company’s stock worth $49,965,000 after purchasing an additional 594,289 shares during the last quarter. Finally, Burgundy Asset Management Ltd. raised its position in shares of US Foods by 31.0% during the second quarter. Burgundy Asset Management Ltd. now owns 2,206,740 shares of the company’s stock worth $169,941,000 after acquiring an additional 522,586 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors.

US Foods Stock Performance

Shares of USFD opened at $95.47 on Tuesday. The firm’s 50 day moving average price is $85.53 and its two-hundred day moving average price is $79.35. 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 twelve month low of $57.36 and a twelve month high of $102.13. The firm has a market cap of $21.05 billion, a P/E ratio of 32.47, a PEG ratio of 1.18 and a beta of 0.97.

US Foods (NYSE:USFD) last issued its quarterly earnings data on Thursday, February 12th. The company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. The business had revenue of $9.80 billion for the quarter, compared to analyst estimates of $9.90 billion. US Foods had a net margin of 1.71% and a return on equity of 18.74%. The firm’s quarterly revenue was up 3.3% on a year-over-year basis. During the same period last year, the business posted $0.84 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on USFD. Piper Sandler downgraded US Foods from an “overweight” rating to a “neutral” rating and increased their price target for the company from $85.00 to $103.00 in a research note on Friday, February 13th. UBS Group reiterated a “buy” rating and issued a $117.00 price objective on shares of US Foods in a report on Friday, February 13th. Morgan Stanley set a $94.00 target price on US Foods and gave the stock a “mixed” rating in a report on Friday, February 13th. BMO Capital Markets boosted their target price on US Foods from $95.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Finally, Deutsche Bank Aktiengesellschaft set a $111.00 price target on shares of US Foods and gave the company a “buy” rating 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. According to MarketBeat.com, US Foods currently has an average rating of “Moderate Buy” and an average target price of $107.33.

Insider Buying and Selling at US Foods

In other news, insider James David Works, Jr. sold 65,737 shares of the company’s stock in a transaction dated 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 completion of the transaction, the insider directly owned 88,176 shares of the company’s stock, valued at $8,510,747.52. This represents a 42.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.60% of the stock is owned by corporate insiders.

US Foods 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.