Corient Private Wealth LLC Has $3.24 Million Stake in US Foods Holding Corp. (NYSE:USFD)

Corient Private Wealth LLC decreased its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 4.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 47,962 shares of the company’s stock after selling 2,497 shares during the quarter. Corient Private Wealth LLC’s holdings in US Foods were worth $3,236,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its stake in US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $32,000 after acquiring an additional 178 shares in the last quarter. R Squared Ltd acquired a new position in US Foods during the fourth quarter worth about $34,000. First Horizon Advisors Inc. increased its stake in shares of US Foods by 54.2% in the third quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock valued at $35,000 after buying an additional 202 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of US Foods by 50.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 727 shares of the company’s stock valued at $49,000 after buying an additional 243 shares during the period. Finally, J.Safra Asset Management Corp increased its stake in shares of US Foods by 38.5% in the fourth quarter. J.Safra Asset Management Corp now owns 806 shares of the company’s stock valued at $55,000 after buying an additional 224 shares during the period. Institutional investors and hedge funds own 98.76% of the company’s stock.

Insiders Place Their Bets

In other news, Director David W. Bullock bought 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the acquisition, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.70% of the company’s stock.

US Foods Price Performance

US Foods stock opened at $64.36 on Friday. The stock has a market capitalization of $14.83 billion, a price-to-earnings ratio of 31.86, a PEG ratio of 1.03 and a beta of 1.65. US Foods Holding Corp. has a 52-week low of $49.65 and a 52-week high of $73.19. The stock’s 50 day moving average price is $68.85 and its two-hundred day moving average price is $66.18. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21.

US Foods (NYSE:USFD) last posted 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 the consensus estimate of $9.47 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. On average, equities analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on USFD. StockNews.com downgraded US Foods from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Melius began coverage on US Foods in a research note on Wednesday, December 18th. They issued a “buy” rating and a $12.00 price objective for the company. Piper Sandler upped their price objective on US Foods from $75.00 to $77.00 and gave the company an “overweight” rating in a research note on Tuesday, February 18th. UBS Group upped their price objective on US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, February 14th. Finally, Jefferies Financial Group increased their target price on shares of US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a research report on Monday, December 16th. One equities research analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $71.09.

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.