US Foods Holding Corp. (NYSE:USFD) Stock Holdings Increased by Rhumbline Advisers

Rhumbline Advisers boosted its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 0.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 753,704 shares of the company’s stock after purchasing an additional 1,622 shares during the period. Rhumbline Advisers’ holdings in US Foods were worth $50,845,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in USFD. Wellington Management Group LLP grew its holdings in US Foods by 25.2% during the third quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock valued at $744,548,000 after purchasing an additional 2,435,357 shares during the last quarter. State Street Corp lifted its holdings in shares of US Foods by 4.7% during the third quarter. State Street Corp now owns 7,045,514 shares of the company’s stock valued at $433,299,000 after acquiring an additional 316,061 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in shares of US Foods by 4.4% during 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 during the period. Geode Capital Management LLC raised its holdings in shares of US Foods by 6.5% in the third quarter. Geode Capital Management LLC now owns 3,972,930 shares of the company’s stock valued at $244,401,000 after buying an additional 241,900 shares during the last quarter. Finally, Congress Asset Management Co. bought a new position in shares of US Foods in the third quarter valued at about $121,196,000. Institutional investors own 98.76% of the company’s stock.

US Foods Stock Up 0.2 %

USFD stock opened at $71.25 on Tuesday. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72. US Foods Holding Corp. has a fifty-two week low of $45.24 and a fifty-two week high of $73.00. The stock has a market capitalization of $16.60 billion, a price-to-earnings ratio of 30.58, a PEG ratio of 0.95 and a beta of 1.67. The business’s fifty day moving average price is $69.05 and its two-hundred day moving average price is $64.30.

US Foods (NYSE:USFD) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.01). US Foods had a return on equity of 14.15% and a net margin of 1.54%. The company had revenue of $9.49 billion during the quarter, compared to the consensus estimate of $9.47 billion. On average, equities analysts anticipate that US Foods Holding Corp. will post 2.94 earnings per share for the current year.

Wall Street Analyst Weigh In

USFD has been the subject of a number of research reports. Barclays lifted their price objective on US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a research report on Friday. UBS Group boosted their price objective on US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a research report on Friday. Morgan Stanley boosted their target price on US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a research note on Tuesday, January 21st. Melius began coverage on US Foods in a report on Wednesday, December 18th. They issued a “buy” rating and a $12.00 price objective for the company. Finally, Jefferies Financial Group increased their price objective on US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a report on Monday, December 16th. One equities research analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, US Foods has an average 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.