Rise Advisors LLC Invests $30,000 in US Foods Holding Corp. (NYSE:USFD)

Rise Advisors LLC bought a new position in shares of US Foods Holding Corp. (NYSE:USFD) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 561 shares of the company’s stock, valued at approximately $30,000.

A number of other institutional investors have also modified their holdings of the stock. Janney Montgomery Scott LLC increased its holdings in US Foods by 8.3% during the third quarter. Janney Montgomery Scott LLC now owns 17,671 shares of the company’s stock valued at $702,000 after buying an additional 1,349 shares during the period. Pathstone Family Office LLC purchased a new position in US Foods during the third quarter valued at approximately $286,000. UBS Group AG increased its holdings in US Foods by 289.8% during the third quarter. UBS Group AG now owns 266,998 shares of the company’s stock valued at $10,600,000 after buying an additional 198,497 shares during the period. PNC Financial Services Group Inc. increased its holdings in US Foods by 4.0% during the third quarter. PNC Financial Services Group Inc. now owns 11,049 shares of the company’s stock valued at $439,000 after buying an additional 428 shares during the period. Finally, DekaBank Deutsche Girozentrale purchased a new position in US Foods during the third quarter valued at approximately $61,000. 98.76% of the stock is owned by hedge funds and other institutional investors.

US Foods Trading Down 0.3 %

NYSE:USFD opened at $52.97 on Friday. US Foods Holding Corp. has a 12 month low of $35.66 and a 12 month high of $55.98. The firm has a fifty day simple moving average of $52.59 and a 200-day simple moving average of $49.95. The company has a current ratio of 1.31, a quick ratio of 0.81 and a debt-to-equity ratio of 0.95. The company has a market capitalization of $13.02 billion, a P/E ratio of 26.09, a PEG ratio of 0.87 and a beta of 1.60.

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

Wall Street Analyst Weigh In

USFD has been the topic of several research reports. Barclays lifted their price objective on shares of US Foods from $60.00 to $64.00 and gave the company an “overweight” rating in a report on Friday, May 10th. UBS Group raised their target price on shares of US Foods from $64.00 to $67.00 and gave the company a “buy” rating in a research note on Friday, May 10th. Wells Fargo & Company raised their target price on shares of US Foods from $63.00 to $66.00 and gave the company an “overweight” rating in a research note on Thursday, June 6th. Morgan Stanley raised 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. Finally, BTIG Research raised their target price on shares of US Foods from $52.00 to $62.00 and gave the company a “buy” rating in a research note on Tuesday, March 19th. One equities research analyst has rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, US Foods has an average rating of “Buy” and an average price target of $62.00.

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.