Russell Investments Group Ltd. Trims Holdings in US Foods Holding Corp. (NYSE:USFD)

Russell Investments Group Ltd. trimmed its holdings in shares of US Foods Holding Corp. (NYSE:USFD – Get Rating) by 8.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 45,600 shares of the company’s stock after selling 4,000 shares during the period. Russell Investments Group Ltd.’s holdings in US Foods were worth $1,552,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. U.S. Capital Wealth Advisors LLC purchased a new position in US Foods during the fourth quarter worth about $26,000. Signaturefd LLC lifted its stake in US Foods by 63.7% during the fourth quarter. Signaturefd LLC now owns 830 shares of the company’s stock worth $28,000 after purchasing an additional 323 shares during the last quarter. Twin Tree Management LP lifted its stake in US Foods by 157.6% during the third quarter. Twin Tree Management LP now owns 1,482 shares of the company’s stock worth $39,000 after purchasing an additional 4,056 shares during the last quarter. CWM LLC lifted its stake in US Foods by 101.0% during the fourth quarter. CWM LLC now owns 1,409 shares of the company’s stock worth $48,000 after purchasing an additional 708 shares during the last quarter. Finally, Covestor Ltd lifted its stake in US Foods by 744.8% during the first quarter. Covestor Ltd now owns 1,639 shares of the company’s stock worth $62,000 after purchasing an additional 1,445 shares during the last quarter. 97.06% of the stock is currently owned by hedge funds and other institutional investors.

US Foods Stock Down 3.7 %

USFD stock opened at $39.89 on Wednesday. US Foods Holding Corp. has a fifty-two week low of $25.49 and a fifty-two week high of $41.76. The business’s 50 day moving average price is $37.54 and its two-hundred day moving average price is $36.68. 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 company has a market capitalization of $9.28 billion, a price-to-earnings ratio of 28.70 and a beta of 1.47.

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

Insiders Place Their Bets

In related news, major shareholder Kkr Group Partnership L.P. sold 7,600,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 7th. The stock was sold at an average price of $38.83, for a total value of $295,108,000.00. Following the sale, the insider now owns 37 shares in the company, valued at approximately $1,436.71. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, major shareholder Kkr Group Partnership L.P. sold 7,600,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 7th. The stock was sold at an average price of $38.83, for a total value of $295,108,000.00. Following the sale, the insider now owns 37 shares in the company, valued at approximately $1,436.71. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Andrew E. Iacobucci sold 21,954 shares of the company’s stock in a transaction that occurred on Friday, March 24th. The stock was sold at an average price of $34.67, for a total value of $761,145.18. Following the completion of the sale, the executive vice president now owns 108,546 shares in the company, valued at approximately $3,763,289.82. The disclosure for this sale can be found here. In the last quarter, insiders have sold 7,628,094 shares of company stock worth $296,093,869. Company insiders own 8.50% of the company’s stock.

Wall Street Analysts Forecast Growth

USFD has been the subject of several research analyst reports. Morgan Stanley lifted their price target on US Foods from $44.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Friday, February 17th. BTIG Research boosted their target price on US Foods from $45.00 to $48.00 in a research note on Friday, May 12th. Wells Fargo & Company boosted their target price on US Foods from $49.00 to $50.00 in a research note on Friday, May 12th. Credit Suisse Group boosted their target price on US Foods from $47.00 to $51.00 in a research note on Friday, May 12th. Finally, StockNews.com raised US Foods from a “buy” rating to a “strong-buy” rating in a research report on Friday, May 12th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.00.

US Foods 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.