US Foods Holding Corp. (NYSE:USFD) Stock Holdings Raised by United Services Automobile Association

United Services Automobile Association lifted its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 5.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 15,909 shares of the company’s stock after buying an additional 867 shares during the quarter. United Services Automobile Association’s holdings in US Foods were worth $1,073,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of USFD. Legacy Wealth Asset Management LLC raised its stake in US Foods by 4.0% during the fourth quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company’s stock valued at $279,000 after buying an additional 160 shares in the last quarter. Arizona State Retirement System increased its holdings in shares of US Foods by 0.3% in the 4th quarter. Arizona State Retirement System now owns 67,426 shares of the company’s stock valued at $4,549,000 after acquiring an additional 170 shares during the last quarter. Bank of Montreal Can raised its position in shares of US Foods by 0.3% during the 3rd quarter. Bank of Montreal Can now owns 66,848 shares of the company’s stock valued at $4,022,000 after acquiring an additional 171 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake 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 purchasing an additional 178 shares during the last quarter. Finally, Vestcor Inc boosted its holdings in US Foods by 1.0% in the fourth quarter. Vestcor Inc now owns 20,200 shares of the company’s stock worth $1,363,000 after purchasing an additional 195 shares during the period. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Trading Up 1.5 %

NYSE:USFD opened at $64.36 on Monday. US Foods Holding Corp. has a 1 year low of $49.65 and a 1 year high of $73.19. The business has a fifty day moving average of $68.85 and a 200-day moving average of $66.23. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. The stock has a market cap of $14.83 billion, a price-to-earnings ratio of 31.86, a PEG ratio of 1.03 and a beta of 1.65.

US Foods (NYSE:USFD) last announced its earnings results on Thursday, February 13th. The company reported $0.78 earnings per share (EPS) 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 the consensus estimate of $9.47 billion. Equities analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insider Activity

In other news, Director David W. Bullock acquired 4,000 shares of the business’s stock in a transaction dated 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 completion of the acquisition, the director now directly owns 4,500 shares in the company, valued at $319,770. This represents a 800.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on USFD. Truist Financial raised their price target on shares of US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. Morgan Stanley raised their target price on shares of US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. Barclays increased their price target on US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Piper Sandler boosted their price objective on US Foods from $75.00 to $77.00 and gave the company an “overweight” rating in a research report on Tuesday, February 18th. Finally, Melius began coverage on US Foods in a research report on Wednesday, December 18th. They issued a “buy” rating and a $12.00 target price on the stock. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $71.09.

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.