US Foods Holding Corp (NASDAQ:USFD)‘s stock had its “buy” rating reissued by equities researchers at Wells Fargo & Company in a research report issued to clients and investors on Wednesday.

USFD has been the subject of a number of other research reports. Pivotal Research set a $29.00 price target on shares of US Foods Holding Corp and gave the stock a “hold” rating in a research note on Wednesday. Royal Bank Of Canada set a $32.00 price target on shares of US Foods Holding Corp and gave the stock a “buy” rating in a research note on Friday, August 4th. BMO Capital Markets set a $29.00 price target on shares of US Foods Holding Corp and gave the stock a “hold” rating in a research note on Friday, August 4th. Zacks Investment Research upgraded shares of US Foods Holding Corp from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, Guggenheim reiterated a “buy” rating on shares of US Foods Holding Corp in a research note on Tuesday, June 27th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $30.78.

Shares of US Foods Holding Corp (USFD) traded down 4.58% during mid-day trading on Wednesday, reaching $27.30. 5,546,634 shares of the company’s stock traded hands. US Foods Holding Corp has a 12-month low of $22.19 and a 12-month high of $30.73. The stock has a market capitalization of $6.06 billion and a PE ratio of 26.58. The company’s 50-day moving average price is $27.65 and its 200-day moving average price is $27.83.

US Foods Holding Corp (NASDAQ:USFD) last posted its earnings results on Wednesday, August 9th. The company reported $0.37 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.37. 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 0.46% and a return on equity of 4.21%. The company’s revenue was up 6.1% on a year-over-year basis. During the same period last year, the firm posted ($0.07) EPS. Analysts anticipate that US Foods Holding Corp will post $1.34 earnings per share for the current year.

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In other news, major shareholder Usf Co-Investor No. 2 L.P Cdr sold 22,655,559 shares of the firm’s stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $28.25, for a total value of $640,019,541.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Pietro Satriano sold 89,932 shares of the firm’s stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $28.25, for a total transaction of $2,540,579.00. Following the completion of the sale, the insider now owns 164,366 shares of the company’s stock, valued at approximately $4,643,339.50. The disclosure for this sale can be found here. Insiders sold a total of 23,344,441 shares of company stock valued at $659,480,458 in the last 90 days.

Several hedge funds have recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in US Foods Holding Corp during the fourth quarter valued at approximately $13,392,000. Bank of Montreal Can boosted its stake in US Foods Holding Corp by 317.7% in the first quarter. Bank of Montreal Can now owns 98,720 shares of the company’s stock valued at $2,762,000 after buying an additional 75,085 shares during the period. Quadrature Capital Ltd purchased a new stake in US Foods Holding Corp during the fourth quarter valued at approximately $460,000. Breton Hill Capital Ltd. purchased a new stake in US Foods Holding Corp during the first quarter valued at approximately $946,000. Finally, Goldman Sachs Group Inc. boosted its stake in US Foods Holding Corp by 253.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,680,969 shares of the company’s stock valued at $47,034,000 after buying an additional 1,205,732 shares during the period.

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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