US Foods Holding Corp. (NYSE:USFD) Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lifted its stake in shares of US Foods Holding Corp. (NYSE:USFDGet Rating) by 53.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,492 shares of the company’s stock after acquiring an additional 519 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in US Foods were worth $45,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Signaturefd LLC boosted its stake in shares of US Foods by 69.2% during the first quarter. Signaturefd LLC now owns 883 shares of the company’s stock valued at $33,000 after acquiring an additional 361 shares during the last quarter. CWM LLC boosted its stake in US Foods by 276.8% in the 1st quarter. CWM LLC now owns 1,089 shares of the company’s stock worth $41,000 after buying an additional 800 shares during the last quarter. Ellevest Inc. boosted its stake in US Foods by 582.1% in the 2nd quarter. Ellevest Inc. now owns 1,787 shares of the company’s stock worth $55,000 after buying an additional 1,525 shares during the last quarter. Covestor Ltd boosted its stake in US Foods by 744.8% in the 1st quarter. Covestor Ltd now owns 1,639 shares of the company’s stock worth $62,000 after buying an additional 1,445 shares during the last quarter. Finally, Captrust Financial Advisors boosted its stake in US Foods by 29.9% in the 1st quarter. Captrust Financial Advisors now owns 2,144 shares of the company’s stock worth $81,000 after buying an additional 493 shares during the last quarter. Institutional investors and hedge funds own 97.42% of the company’s stock.

US Foods Stock Performance

Shares of NYSE:USFD opened at $34.32 on Monday. The company has a market cap of $7.71 billion, a P/E ratio of 38.56, a PEG ratio of 0.82 and a beta of 1.39. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.77 and a current ratio of 1.37. US Foods Holding Corp. has a one year low of $25.49 and a one year high of $39.73. The business’s 50-day simple moving average is $28.75 and its 200 day simple moving average is $30.96.

US Foods (NYSE:USFDGet Rating) last announced its earnings results on Thursday, August 11th. The company reported $0.63 EPS for the quarter, meeting the consensus estimate of $0.63. US Foods had a return on equity of 12.69% and a net margin of 0.73%. The business had revenue of $8.83 billion for the quarter, compared to the consensus estimate of $8.70 billion. During the same period last year, the business posted $0.58 EPS. The company’s revenue was up 15.2% on a year-over-year basis. On average, sell-side analysts forecast that US Foods Holding Corp. will post 2 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have issued reports on USFD. Barclays decreased their price target on US Foods from $36.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 20th. StockNews.com started coverage on US Foods in a research note on Wednesday, October 12th. They issued a “buy” rating on the stock. Truist Financial cut their price objective on US Foods from $45.00 to $41.00 in a report on Friday, August 12th. JPMorgan Chase & Co. started coverage on US Foods in a report on Wednesday, September 7th. They issued a “neutral” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on US Foods from $44.00 to $41.00 in a report on Friday. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, US Foods currently has a consensus rating of “Moderate Buy” and a consensus target price of $41.20.

US Foods Company Profile

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US Foods Holding Corp., through its subsidiary, US Foods, Inc, markets and distributes 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.

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Institutional Ownership by Quarter for US Foods (NYSE:USFD)

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