US Foods Holding Corp. (NYSE:USFD) Shares Sold by LGT Group Foundation

LGT Group Foundation lessened its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 44.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,620 shares of the company’s stock after selling 27,377 shares during the quarter. LGT Group Foundation’s holdings in US Foods were worth $2,335,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in USFD. Ashton Thomas Securities LLC purchased a new position in shares of US Foods during the 3rd quarter worth $31,000. Huntington National Bank raised its holdings in shares of US Foods by 332.5% during the 3rd quarter. Huntington National Bank now owns 532 shares of the company’s stock worth $33,000 after acquiring an additional 409 shares during the period. Capital Performance Advisors LLP purchased a new position in shares of US Foods during the 3rd quarter worth $34,000. R Squared Ltd purchased a new position in shares of US Foods during the 4th quarter worth $34,000. Finally, First Horizon Advisors Inc. raised its holdings in shares of US Foods by 54.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock worth $35,000 after acquiring an additional 202 shares during the period. Institutional investors and hedge funds own 98.76% of the company’s stock.

Insiders Place Their Bets

In related news, Director David W. Bullock acquired 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was acquired at an average cost of $71.06 per share, with a total value of $284,240.00. Following the completion of the transaction, the director now owns 4,500 shares in the company, valued at $319,770. This represents a 800.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on USFD shares. JPMorgan Chase & Co. lifted their price target on US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Barclays lifted their price target on US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. Jefferies Financial Group lifted their price target on US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a report on Monday, December 16th. UBS Group boosted their price objective on shares of US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a report on Friday, February 14th. Finally, Morgan Stanley boosted their price objective on shares of US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. One research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $70.33.

US Foods Stock Down 2.2 %

Shares of NYSE:USFD opened at $70.07 on Tuesday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. The firm has a market capitalization of $16.14 billion, a PE ratio of 34.69, a price-to-earnings-growth ratio of 1.03 and a beta of 1.67. The firm’s 50-day moving average is $69.47 and its two-hundred day moving average is $65.46. US Foods Holding Corp. has a 1 year low of $49.65 and a 1 year high of $73.19.

US Foods (NYSE:USFD) last issued its quarterly 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). The business had revenue of $9.49 billion for the quarter, compared to analysts’ expectations of $9.47 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. Analysts predict that US Foods Holding Corp. will post 3.59 EPS for the current year.

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.