US Foods Holding Corp. (NYSE:USFD) is Pertento Partners LLP’s Largest Position

Pertento Partners LLP lifted its position in US Foods Holding Corp. (NYSE:USFD) by 13.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,431,190 shares of the company’s stock after buying an additional 166,016 shares during the quarter. US Foods makes up 8.2% of Pertento Partners LLP’s investment portfolio, making the stock its largest holding. Pertento Partners LLP’s holdings in US Foods were worth $96,548,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of USFD. EverSource Wealth Advisors LLC lifted its position in shares of 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 purchasing an additional 178 shares in the last quarter. R Squared Ltd acquired a new stake in US Foods during the 4th quarter worth approximately $34,000. Smartleaf Asset Management LLC boosted its position in 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 buying an additional 243 shares during the period. J.Safra Asset Management Corp grew 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 worth $55,000 after acquiring an additional 224 shares in the last quarter. Finally, Versant Capital Management Inc increased its position in shares of US Foods by 112.2% during the fourth quarter. Versant Capital Management Inc now owns 855 shares of the company’s stock worth $58,000 after acquiring an additional 452 shares during the period. Institutional investors and hedge funds own 98.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Morgan Stanley boosted their target price on US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 21st. StockNews.com downgraded US Foods from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Melius Research raised shares of US Foods to a “strong-buy” rating in a report on Wednesday, December 18th. Truist Financial lifted their price target on shares of US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Finally, Barclays increased their price objective on shares of US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. One research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $71.09.

US Foods Stock Performance

NYSE USFD opened at $64.49 on Friday. The company has a fifty day moving average of $68.62 and a two-hundred day moving average of $66.38. 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 company has a market capitalization of $14.86 billion, a PE ratio of 31.92, a P/E/G ratio of 1.03 and a beta of 1.65.

US Foods (NYSE:USFD) last released 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). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The firm had revenue of $9.49 billion for the quarter, compared to analysts’ expectations of $9.47 billion. As a group, analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insider Activity at US Foods

In other US Foods news, Director David W. Bullock bought 4,000 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The stock was acquired 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 approximately $319,770. This represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.70% of the stock is owned by insiders.

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.