Aigen Investment Management LP Takes $1.15 Million Position in US Foods Holding Corp. (NYSE:USFD)

Aigen Investment Management LP purchased a new stake in US Foods Holding Corp. (NYSE:USFD) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 16,966 shares of the company’s stock, valued at approximately $1,145,000.

Other hedge funds also recently made changes to their positions in the company. Legacy Wealth Asset Management LLC boosted its position in US Foods by 4.0% during the 4th quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company’s stock worth $279,000 after buying an additional 160 shares during the period. Bank of Montreal Can boosted its position in US Foods by 0.3% during the 3rd quarter. Bank of Montreal Can now owns 66,848 shares of the company’s stock worth $4,022,000 after buying an additional 171 shares during the period. First Horizon Advisors Inc. boosted its position in US Foods by 54.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock worth $35,000 after buying an additional 202 shares during the period. Allspring Global Investments Holdings LLC boosted its position in US Foods by 2.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,724 shares of the company’s stock worth $588,000 after buying an additional 206 shares during the period. Finally, J.Safra Asset Management Corp lifted its position 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 worth $55,000 after purchasing an additional 224 shares during the period. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at US Foods

In other US Foods news, Director David W. Bullock purchased 4,000 shares of the firm’s stock in a transaction on 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 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 position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.70% of the stock is currently owned by company insiders.

US Foods Stock Performance

NYSE:USFD opened at $69.21 on Thursday. The company has a fifty day moving average of $69.51 and a 200-day moving average of $65.62. The firm has a market capitalization of $15.94 billion, a P/E ratio of 34.26, a P/E/G ratio of 1.03 and a beta of 1.65. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. US Foods Holding Corp. has a twelve month low of $49.65 and a twelve month high of $73.19.

US Foods (NYSE:USFD) last announced 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). The business had revenue of $9.49 billion for the quarter, compared to the consensus estimate of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. As a group, sell-side analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on USFD shares. Truist Financial boosted their price target on shares of US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. Melius Research upgraded shares of US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. Melius started coverage on shares of US Foods in a research report on Wednesday, December 18th. They issued a “buy” rating and a $12.00 price target on the stock. Barclays boosted their price target 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. Finally, Jefferies Financial Group boosted their price target on shares of US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. One analyst has rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $70.33.

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.