Hillsdale Investment Management Inc. Invests $758,000 in US Foods Holding Corp. (NYSE:USFD)

Hillsdale Investment Management Inc. purchased a new stake in US Foods Holding Corp. (NYSE:USFD) during the 4th quarter, Holdings Channel.com reports. The fund purchased 11,240 shares of the company’s stock, valued at approximately $758,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its position in shares of US Foods by 59.5% in 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 stake in US Foods in the 4th quarter valued at $34,000. First Horizon Advisors Inc. increased its holdings in 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 position in 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 purchasing an additional 243 shares during the period. Finally, J.Safra Asset Management Corp lifted its stake in shares of US Foods by 38.5% during the fourth quarter. J.Safra Asset Management Corp now owns 806 shares of the company’s stock worth $55,000 after purchasing an additional 224 shares in the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at US Foods

In other news, Director David W. Bullock purchased 4,000 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were bought at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the completion of the purchase, the director now owns 4,500 shares of the company’s stock, valued at $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.70% of the stock is currently owned by company insiders.

US Foods Stock Up 1.5 %

USFD stock opened at $64.36 on Monday. The firm has a fifty day moving average price of $68.85 and a two-hundred day moving average price of $66.23. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. US Foods Holding Corp. has a 1-year low of $49.65 and a 1-year high of $73.19. The firm has a market cap 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 (NYSE:USFD) last released its quarterly earnings data 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). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The business had revenue of $9.49 billion for the quarter, compared to analyst estimates of $9.47 billion. Research analysts predict that US Foods Holding Corp. will post 3.59 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on USFD shares. StockNews.com lowered US Foods from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Piper Sandler boosted their target price on shares of US Foods from $75.00 to $77.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 18th. Barclays raised their price target on shares of US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Melius Research upgraded shares of US Foods to a “strong-buy” rating in a report on Wednesday, December 18th. Finally, Morgan Stanley raised their price objective on US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a research note on Tuesday, January 21st. One research analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, US Foods has a consensus rating of “Buy” and an average price target of $71.09.

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.