Sciencast Management LP Sells 29,109 Shares of US Foods Holding Corp. (NYSE:USFD)

Sciencast Management LP decreased its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 63.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,498 shares of the company’s stock after selling 29,109 shares during the quarter. Sciencast Management LP’s holdings in US Foods were worth $1,113,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC lifted its holdings in US Foods by 59.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $32,000 after buying an additional 178 shares in the last quarter. R Squared Ltd bought a new stake in shares of US Foods in the 4th quarter valued at about $34,000. First Horizon Advisors Inc. raised its holdings in shares of US Foods by 54.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock valued at $35,000 after purchasing an additional 202 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of US Foods by 50.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 727 shares of the company’s stock valued at $49,000 after purchasing an additional 243 shares in the last quarter. Finally, J.Safra Asset Management Corp raised its holdings in shares of US Foods by 38.5% in the 4th quarter. J.Safra Asset Management Corp now owns 806 shares of the company’s stock valued at $55,000 after purchasing an additional 224 shares in the last quarter. Institutional investors own 98.76% of the company’s stock.

US Foods Stock Up 1.5 %

NYSE:USFD opened at $64.36 on Friday. The company has a market cap of $14.83 billion, a PE ratio of 31.86, a P/E/G ratio of 1.03 and a beta of 1.65. US Foods Holding Corp. has a twelve month low of $49.65 and a twelve month high of $73.19. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06. The company’s 50 day moving average is $68.85 and its two-hundred day moving average is $66.18.

US Foods (NYSE:USFD) last released its earnings results on Thursday, February 13th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.01). The company 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 anticipate that US Foods Holding Corp. will post 3.59 EPS for the current year.

Insiders Place Their Bets

In other US Foods news, Director David W. Bullock acquired 4,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was acquired at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the purchase, the director now owns 4,500 shares in the company, valued at approximately $319,770. The trade was a 800.00 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.70% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. StockNews.com lowered shares of US Foods from a “strong-buy” rating to a “buy” rating in a report on Saturday. Melius assumed coverage on shares of US Foods in a report on Wednesday, December 18th. They issued a “buy” rating and a $12.00 price target for the company. Truist Financial boosted their price target on shares of US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a report on Friday, February 14th. UBS Group boosted their price target 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, Barclays lifted their price objective on shares of US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. One analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $71.09.

US Foods 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.