14,847 Shares in US Foods Holding Corp. (NYSE:USFD) Acquired by Quantbot Technologies LP

Quantbot Technologies LP purchased a new stake in US Foods Holding Corp. (NYSE:USFD) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 14,847 shares of the company’s stock, valued at approximately $1,002,000.

A number of other large investors also recently made changes to their positions in USFD. Retirement Systems of Alabama lifted its position in US Foods by 5.4% during the third quarter. Retirement Systems of Alabama now owns 348,979 shares of the company’s stock worth $21,462,000 after buying an additional 17,897 shares during the period. State Street Corp lifted its holdings in shares of US Foods by 4.7% during the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company’s stock worth $433,299,000 after acquiring an additional 316,061 shares during the period. Longbow Finance SA acquired a new stake in shares of US Foods in the fourth quarter worth approximately $9,001,000. Dynamic Technology Lab Private Ltd purchased a new stake in US Foods in the third quarter valued at approximately $1,141,000. Finally, Verition Fund Management LLC increased its position in US Foods by 14.6% during the third quarter. Verition Fund Management LLC now owns 885,606 shares of the company’s stock worth $54,465,000 after purchasing an additional 112,701 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Stock Performance

Shares of USFD stock opened at $65.22 on Wednesday. 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 company’s fifty day moving average price is $68.80 and its two-hundred day moving average price is $66.34. The firm has a market capitalization of $15.03 billion, a P/E ratio of 32.29, a P/E/G ratio of 1.03 and a beta of 1.65. US Foods Holding Corp. has a 12 month low of $49.65 and a 12 month high of $73.19.

US Foods (NYSE:USFD) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.01). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The business had revenue of $9.49 billion during the quarter, compared to analysts’ expectations of $9.47 billion. On average, research analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on USFD. Melius initiated coverage on shares of US Foods in a report on Wednesday, December 18th. They issued a “buy” rating and a $12.00 price target on the stock. Melius Research raised US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. Barclays raised their price objective on US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. Truist Financial boosted their target price on US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, February 14th. Finally, Morgan Stanley raised their price target on shares of US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. One investment analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $71.09.

Insider Buying and Selling

In other news, Director David W. Bullock acquired 4,000 shares of the stock in a transaction that occurred on 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 acquisition, the director now directly owns 4,500 shares in the company, valued at $319,770. This represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.70% of the company’s stock.

US Foods 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.