US Foods Holding Corp. (NYSE:USFD) Shares Purchased by SageView Advisory Group LLC

SageView Advisory Group LLC boosted its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 27.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,399 shares of the company’s stock after acquiring an additional 1,361 shares during the period. SageView Advisory Group LLC’s holdings in US Foods were worth $299,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Blue Trust Inc. purchased a new position in shares of US Foods during the 4th quarter worth approximately $30,000. GAMMA Investing LLC acquired a new stake in US Foods during the 4th quarter valued at $41,000. Anchor Investment Management LLC purchased a new position in US Foods during the fourth quarter worth $47,000. Quarry LP acquired a new position in shares of US Foods in the fourth quarter worth $55,000. Finally, DekaBank Deutsche Girozentrale purchased a new stake in shares of US Foods in the third quarter valued at $61,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Trading Down 0.4 %

USFD stock opened at $53.14 on Thursday. US Foods Holding Corp. has a 52 week low of $35.66 and a 52 week high of $55.98. The company has a market cap of $13.07 billion, a price-to-earnings ratio of 26.18, a PEG ratio of 0.87 and a beta of 1.60. The company has a quick ratio of 0.81, a current ratio of 1.31 and a debt-to-equity ratio of 0.95. The business has a fifty day simple moving average of $52.58 and a 200-day simple moving average of $49.93.

US Foods (NYSE:USFD) last announced its quarterly earnings results on Thursday, May 9th. The company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.01). The firm had revenue of $8.95 billion for the quarter, compared to analyst estimates of $8.93 billion. US Foods had a return on equity of 13.08% and a net margin of 1.41%. On average, equities research analysts expect that US Foods Holding Corp. will post 2.92 EPS for the current year.

Analyst Upgrades and Downgrades

USFD has been the subject of several analyst reports. Morgan Stanley boosted their target price on shares of US Foods from $62.00 to $64.00 and gave the company an “overweight” rating in a research note on Friday, May 10th. Barclays boosted their price objective on shares of US Foods from $60.00 to $64.00 and gave the company an “overweight” rating in a research report on Friday, May 10th. Piper Sandler raised their target price on shares of US Foods from $59.00 to $61.00 and gave the stock an “overweight” rating in a research report on Friday, June 7th. BMO Capital Markets reiterated an “outperform” rating and issued a $62.00 price target (up from $58.00) on shares of US Foods in a report on Friday, May 10th. Finally, StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a report on Friday, February 23rd. One research analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, US Foods presently has a consensus rating of “Buy” and a consensus price target of $62.00.

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.