Sei Investments Co. Acquires 161,887 Shares of US Foods Holding Corp. (NYSE:USFD)

Sei Investments Co. boosted its holdings in US Foods Holding Corp. (NYSE:USFD) by 52.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 471,717 shares of the company’s stock after acquiring an additional 161,887 shares during the quarter. Sei Investments Co. owned 0.20% of US Foods worth $31,822,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC grew its stake in shares of US Foods by 59.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $32,000 after purchasing an additional 178 shares during the period. R Squared Ltd acquired a new stake in US Foods in the 4th quarter valued at $34,000. First Horizon Advisors Inc. grew its position in 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 acquiring an additional 202 shares during the period. Smartleaf Asset Management LLC lifted its holdings in shares of US Foods by 50.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 727 shares of the company’s stock valued at $49,000 after acquiring an additional 243 shares during the period. Finally, J.Safra Asset Management Corp boosted its stake 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 and hedge funds own 98.76% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on USFD shares. Barclays increased their target price 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. Truist Financial lifted their price objective on US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, February 14th. Melius Research upgraded US Foods to a “strong-buy” rating in a report on Wednesday, December 18th. Piper Sandler raised their price target on shares of US Foods from $75.00 to $77.00 and gave the company an “overweight” rating in a report on Tuesday, February 18th. Finally, UBS Group boosted their price objective on US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, February 14th. One analyst has rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, US Foods currently has a consensus rating of “Buy” and an average target price of $71.09.

US Foods Trading Down 0.5 %

Shares of US Foods stock opened at $65.22 on Wednesday. The company has a market capitalization of $15.03 billion, a price-to-earnings ratio of 32.29, a P/E/G ratio of 1.03 and a beta of 1.65. 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 business has a fifty day simple moving average of $68.80 and a two-hundred day simple moving average of $66.34. 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 released its quarterly 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). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The company had revenue of $9.49 billion during the quarter, compared to the consensus estimate of $9.47 billion. Research analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current year.

Insider Buying and Selling at US Foods

In other US Foods news, Director David W. Bullock purchased 4,000 shares of the company’s stock in a transaction dated Tuesday, February 18th. The stock was bought at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the completion of the transaction, the director now owns 4,500 shares in the company, valued at approximately $319,770. This represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.70% of the company’s stock.

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.