US Foods Holding Corp. (NYSE:USFD) Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC lifted its stake in shares of US Foods Holding Corp. (NYSE:USFD – Get Rating) by 440.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 101,041 shares of the company’s stock after acquiring an additional 82,360 shares during the quarter. HighTower Advisors LLC’s holdings in US Foods were worth $3,434,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of US Foods by 0.9% during the first quarter. Vanguard Group Inc. now owns 18,841,409 shares of the company’s stock valued at $709,002,000 after acquiring an additional 167,929 shares during the period. Boston Partners increased its stake in shares of US Foods by 13.7% during the fourth quarter. Boston Partners now owns 14,928,566 shares of the company’s stock valued at $509,765,000 after acquiring an additional 1,804,364 shares during the period. Clarkston Capital Partners LLC increased its stake in shares of US Foods by 33.8% during the third quarter. Clarkston Capital Partners LLC now owns 7,631,985 shares of the company’s stock valued at $201,790,000 after acquiring an additional 1,928,245 shares during the period. State Street Corp increased its stake in shares of US Foods by 0.9% during the second quarter. State Street Corp now owns 3,488,588 shares of the company’s stock valued at $107,030,000 after acquiring an additional 30,513 shares during the period. Finally, Victory Capital Management Inc. increased its stake in shares of US Foods by 32.0% during the third quarter. Victory Capital Management Inc. now owns 1,883,749 shares of the company’s stock valued at $49,806,000 after acquiring an additional 456,613 shares during the period. Institutional investors and hedge funds own 97.06% of the company’s stock.

US Foods Trading Up 0.2 %

US Foods stock opened at $41.28 on Friday. The company has a 50 day moving average price of $37.36 and a 200 day moving average price of $36.46. US Foods Holding Corp. has a 52 week low of $25.49 and a 52 week high of $41.64. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.81 and a current ratio of 1.34. The firm has a market capitalization of $9.60 billion, a price-to-earnings ratio of 29.70 and a beta of 1.47.

US Foods (NYSE:USFD – Get Rating) last posted its quarterly earnings data on Thursday, May 11th. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.09. US Foods had a net margin of 1.02% and a return on equity of 13.91%. The firm had revenue of $8.54 billion during the quarter, compared to analyst estimates of $8.52 billion. Research analysts forecast that US Foods Holding Corp. will post 2.42 EPS for the current year.

Insider Buying and Selling at US Foods

In other US Foods news, Director Sunil Gupta sold 5,756 shares of US Foods stock in a transaction on Wednesday, February 22nd. The shares were sold at an average price of $39.29, for a total transaction of $226,153.24. Following the completion of the sale, the director now owns 17,802 shares of the company’s stock, valued at approximately $699,440.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other US Foods news, Director Sunil Gupta sold 5,756 shares of US Foods stock in a transaction on Wednesday, February 22nd. The shares were sold at an average price of $39.29, for a total transaction of $226,153.24. Following the completion of the sale, the director now owns 17,802 shares of the company’s stock, valued at approximately $699,440.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Steven Guberman sold 3,412 shares of US Foods stock in a transaction on Wednesday, March 29th. The shares were sold at an average price of $36.60, for a total transaction of $124,879.20. Following the sale, the executive vice president now directly owns 99,090 shares of the company’s stock, valued at approximately $3,626,694. The disclosure for this sale can be found here. Insiders sold 7,633,850 shares of company stock valued at $296,320,022 in the last quarter. Company insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. BMO Capital Markets raised their target price on shares of US Foods from $45.00 to $50.00 in a report on Friday, February 17th. Morgan Stanley raised their target price on shares of US Foods from $44.00 to $46.00 and gave the stock an “equal weight” rating in a report on Friday, February 17th. JPMorgan Chase & Co. raised their target price on shares of US Foods from $37.00 to $40.00 and gave the stock a “neutral” rating in a report on Tuesday, March 21st. Credit Suisse Group raised their target price on shares of US Foods from $47.00 to $51.00 in a report on Friday, May 12th. Finally, Guggenheim raised their target price on shares of US Foods from $45.00 to $50.00 in a report on Friday, May 12th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, US Foods presently has an average rating of “Moderate Buy” and a consensus price target of $46.00.

US Foods Company Profile

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US Foods Holding Corp. operates as a foodservice distributor. Its products include frozen and dry food and non-food products to foodservice customers throughout the U.S. The company offers services under brands Chef’s Line, del Pasado, Glenview Farms, Cattleman’s Selection, Cross Valley Farms, Harbor Banks, Hilltop Hearth, Devonshire, and Metro Deli.