Interval Partners LP Has $98.91 Million Holdings in US Foods Holding Corp. (NYSE:USFD)

Interval Partners LP lifted its position in US Foods Holding Corp. (NYSE:USFD) by 371.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,866,842 shares of the company’s stock after acquiring an additional 1,470,630 shares during the quarter. US Foods accounts for approximately 2.2% of Interval Partners LP’s investment portfolio, making the stock its 4th largest holding. Interval Partners LP owned approximately 0.76% of US Foods worth $98,905,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in US Foods by 3.6% in the first quarter. Vanguard Group Inc. now owns 23,019,003 shares of the company’s stock worth $1,242,336,000 after purchasing an additional 796,434 shares in the last quarter. Boston Partners raised its holdings in US Foods by 3.5% in the first quarter. Boston Partners now owns 16,527,901 shares of the company’s stock worth $891,073,000 after purchasing an additional 566,277 shares in the last quarter. Victory Capital Management Inc. raised its holdings in US Foods by 5.1% in the second quarter. Victory Capital Management Inc. now owns 10,383,374 shares of the company’s stock worth $550,111,000 after purchasing an additional 500,129 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in US Foods by 46.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,550,945 shares of the company’s stock worth $347,069,000 after purchasing an additional 2,064,321 shares in the last quarter. Finally, Dorsal Capital Management LP raised its holdings in US Foods by 2.0% in the fourth quarter. Dorsal Capital Management LP now owns 5,000,000 shares of the company’s stock worth $227,050,000 after purchasing an additional 100,000 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on USFD shares. JPMorgan Chase & Co. upped their price objective on shares of US Foods from $60.00 to $68.00 and gave the company a “neutral” rating in a report on Monday, September 16th. Truist Financial upped their price objective on shares of US Foods from $65.00 to $66.00 and gave the company a “buy” rating in a report on Thursday, June 6th. Wells Fargo & Company upped their target price on US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a research report on Wednesday, September 18th. Deutsche Bank Aktiengesellschaft upped their target price on US Foods from $72.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, August 9th. Finally, StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a research report on Sunday. One equities 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 company’s stock. Based on data from MarketBeat, US Foods has an average rating of “Buy” and a consensus price target of $66.40.

Insider Buying and Selling at US Foods

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $57.95, for a total value of $579,500.00. Following the sale, the chief financial officer now directly owns 88,563 shares of the company’s stock, valued at $5,132,225.85. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.70% of the stock is owned by corporate insiders.

US Foods Price Performance

NYSE:USFD opened at $61.58 on Monday. The firm has a market cap of $15.14 billion, a price-to-earnings ratio of 30.33, a price-to-earnings-growth ratio of 1.00 and a beta of 1.66. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.29 and a quick ratio of 0.81. The company has a 50 day moving average price of $56.07 and a 200-day moving average price of $53.93. US Foods Holding Corp. has a 1-year low of $35.66 and a 1-year high of $62.34.

US Foods (NYSE:USFD) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.93 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.93. US Foods had a return on equity of 13.43% and a net margin of 1.42%. The company had revenue of $9.71 billion for the quarter, compared to the consensus estimate of $9.62 billion. During the same quarter in the prior year, the business posted $0.73 earnings per share. US Foods’s revenue for the quarter was up 7.7% on a year-over-year basis. Equities research analysts forecast that US Foods Holding Corp. will post 2.9 EPS for the current year.

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.