US Foods Holding Corp. (NYSE:USFD) Director Buys $284,240.00 in Stock

US Foods Holding Corp. (NYSE:USFD) Director David W. Bullock purchased 4,000 shares of the business’s stock in a transaction dated Tuesday, February 18th. The shares were purchased at an average price of $71.06 per share, with a total value of $284,240.00. Following the acquisition, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. The trade was a 800.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

US Foods Stock Up 0.1 %

Shares of NYSE:USFD opened at $71.66 on Friday. US Foods Holding Corp. has a fifty-two week low of $49.65 and a fifty-two week high of $73.19. The firm’s 50 day moving average price is $69.16 and its 200 day moving average price is $64.52. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. The stock has a market cap of $16.51 billion, a price-to-earnings ratio of 35.48, a price-to-earnings-growth ratio of 0.95 and a beta of 1.67.

US Foods (NYSE:USFD) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.01). The firm had revenue of $9.49 billion during the quarter, compared to analyst estimates of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. As a group, equities research analysts predict that US Foods Holding Corp. will post 3.61 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Boston Partners boosted its stake in US Foods by 0.6% in the fourth quarter. Boston Partners now owns 12,744,006 shares of the company’s stock valued at $860,460,000 after acquiring an additional 77,012 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of US Foods by 25.2% in the 3rd quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock valued at $744,548,000 after purchasing an additional 2,435,357 shares during the last quarter. State Street Corp boosted its position in shares of US Foods by 4.7% in the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company’s stock valued at $433,299,000 after purchasing an additional 316,061 shares during the period. Massachusetts Financial Services Co. MA grew its stake in US Foods by 4.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,841,961 shares of the company’s stock worth $420,781,000 after buying an additional 291,016 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in US Foods by 7.3% during the fourth quarter. JPMorgan Chase & Co. now owns 4,304,310 shares of the company’s stock worth $290,369,000 after buying an additional 292,404 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. increased their price objective on shares of US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Melius started coverage on US Foods in a research report on Wednesday, December 18th. They set a “buy” rating and a $12.00 price target for the company. Jefferies Financial Group boosted their price objective on US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a report on Monday, December 16th. UBS Group increased their target price on US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Finally, Morgan Stanley lifted their target price on US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. One investment analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $70.33.

About US Foods

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.