Insider Buying: US Foods Holding Corp. (NYSE:USFD) Director Purchases 4,000 Shares of Stock

US Foods Holding Corp. (NYSE:USFD) Director David W. Bullock purchased 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was acquired at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the acquisition, the director now owns 4,500 shares in the company, valued at $319,770. This trade represents a 800.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

US Foods Stock Performance

NYSE:USFD opened at $71.56 on Thursday. The company has a fifty day moving average of $69.11 and a two-hundred day moving average of $64.47. US Foods Holding Corp. has a fifty-two week low of $49.64 and a fifty-two week high of $73.00. The stock has a market capitalization of $16.49 billion, a PE ratio of 35.42, a P/E/G ratio of 0.95 and a beta of 1.67. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21.

US Foods (NYSE:USFD) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.01). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The company had revenue of $9.49 billion during the quarter, compared to analysts’ expectations of $9.47 billion. As a group, research analysts forecast that US Foods Holding Corp. will post 3.61 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently issued reports on USFD shares. Jefferies Financial Group boosted their target price on shares of US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a research report on Monday, December 16th. Morgan Stanley boosted their price objective on US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. Piper Sandler raised their target price on US Foods from $75.00 to $77.00 and gave the stock an “overweight” rating in a report on Tuesday. Barclays boosted their price target on US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Finally, Melius began coverage on shares of US Foods in a report on Wednesday, December 18th. They set a “buy” rating and a $12.00 target price for the company. One investment analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $70.33.

Institutional Trading of US Foods

Several large investors have recently made changes to their positions in USFD. Colonial Trust Co SC acquired a new stake in US Foods during the 4th quarter worth $25,000. GeoWealth Management LLC lifted its stake in shares of US Foods by 94.5% in the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company’s stock worth $26,000 after buying an additional 189 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in US Foods during the third quarter worth about $31,000. EverSource Wealth Advisors LLC boosted its position in US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $32,000 after acquiring an additional 178 shares during the last quarter. Finally, Legacy Investment Solutions LLC purchased a new stake in US Foods during the 4th quarter valued at about $32,000. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

US Foods Company Profile

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.