Intrust Bank NA Makes New $310,000 Investment in US Foods Holding Corp. (NYSE:USFD)

Intrust Bank NA acquired a new stake in shares of US Foods Holding Corp. (NYSE:USFD) during the fourth quarter, HoldingsChannel reports. The fund acquired 4,599 shares of the company’s stock, valued at approximately $310,000.

Other hedge funds also recently made changes to their positions in the company. Legacy Wealth Asset Management LLC raised its holdings in US Foods by 4.0% during the fourth quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company’s stock valued at $279,000 after acquiring an additional 160 shares during the period. Arizona State Retirement System raised its stake in US Foods by 0.3% during the 4th quarter. Arizona State Retirement System now owns 67,426 shares of the company’s stock valued at $4,549,000 after purchasing an additional 170 shares during the period. Bank of Montreal Can lifted its holdings in US Foods by 0.3% in the 3rd quarter. Bank of Montreal Can now owns 66,848 shares of the company’s stock worth $4,022,000 after purchasing an additional 171 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in US Foods by 59.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $32,000 after purchasing an additional 178 shares during the period. Finally, Vestcor Inc grew its holdings in US Foods by 1.0% during the 4th quarter. Vestcor Inc now owns 20,200 shares of the company’s stock valued at $1,363,000 after buying an additional 195 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director David W. Bullock bought 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was purchased at an average cost of $71.06 per share, with a total value 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. UBS Group boosted their target price on shares of US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, February 14th. Morgan Stanley boosted their price target on shares of 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 lowered US Foods from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Melius began coverage on US Foods in a research report on Wednesday, December 18th. They issued a “buy” rating and a $12.00 target price on the stock. Finally, Barclays increased their price target on US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. One 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 MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $71.09.

US Foods Price Performance

Shares of US Foods stock opened at $64.49 on Monday. The stock has a 50 day moving average price of $68.62 and a 200-day moving average price of $66.50. US Foods Holding Corp. has a one year low of $49.65 and a one year high of $73.19. The stock has a market cap of $14.86 billion, a price-to-earnings ratio of 31.92, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65. 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 released its earnings results on Thursday, February 13th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.01). The firm had revenue of $9.49 billion during 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%. Equities analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current year.

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.