Scarborough Advisors LLC Has $294,000 Stock Position in US Foods Holding Corp. (NYSE:USFD)

Scarborough Advisors LLC cut its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 25.6% in the 4th quarter, HoldingsChannel reports. The fund owned 4,355 shares of the company’s stock after selling 1,500 shares during the quarter. Scarborough Advisors LLC’s holdings in US Foods were worth $294,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Wellington Management Group LLP lifted its holdings in US Foods by 25.2% during the 3rd quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock worth $744,548,000 after purchasing an additional 2,435,357 shares during the last quarter. State Street Corp increased its position in US Foods by 4.7% during the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company’s stock worth $433,299,000 after buying an additional 316,061 shares during the period. Massachusetts Financial Services Co. MA grew its stake in shares of US Foods by 4.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 6,841,961 shares of the company’s stock valued at $420,781,000 after acquiring an additional 291,016 shares in the last quarter. Geode Capital Management LLC increased its position in US Foods by 6.5% during the third quarter. Geode Capital Management LLC now owns 3,972,930 shares of the company’s stock worth $244,401,000 after acquiring an additional 241,900 shares during the period. Finally, Congress Asset Management Co. acquired a new stake in US Foods in the 3rd quarter worth about $121,196,000. Institutional investors own 98.76% of the company’s stock.

US Foods Stock Up 0.2 %

Shares of NYSE:USFD opened at $71.25 on Friday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19. US Foods Holding Corp. has a 52-week low of $45.24 and a 52-week high of $73.00. The company has a market capitalization of $16.60 billion, a PE ratio of 30.58, a price-to-earnings-growth ratio of 0.95 and a beta of 1.67. The company has a fifty day moving average of $69.02 and a 200-day moving average of $64.04.

US Foods (NYSE:USFD) last posted its earnings results on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.01). US Foods had a net margin of 1.54% and a return on equity of 14.15%. On average, equities analysts predict that US Foods Holding Corp. will post 2.94 EPS for the current fiscal year.

Analyst Ratings Changes

USFD has been the topic of a number of analyst reports. Morgan Stanley increased their price target on US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. UBS Group raised their price target on US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday. Jefferies Financial Group upped their price objective on shares of US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Piper Sandler raised their target price on shares of US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a report on Monday, November 11th. Finally, Truist Financial upped their price target on shares of US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Friday. One equities research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, US Foods has a consensus rating of “Buy” and a consensus price target of $70.17.

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.