Vanguard Personalized Indexing Management LLC Buys 1,303 Shares of US Foods Holding Corp. (NYSE:USFD)

Vanguard Personalized Indexing Management LLC raised its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 6.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 22,280 shares of the company’s stock after purchasing an additional 1,303 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in US Foods were worth $1,180,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in USFD. Acadian Asset Management LLC acquired a new position in US Foods in the 2nd quarter valued at approximately $25,000. Redmont Wealth Advisors LLC acquired a new position in shares of US Foods in the first quarter valued at $27,000. International Assets Investment Management LLC bought a new position in US Foods in the second quarter worth $30,000. Rise Advisors LLC acquired a new stake in US Foods during the first quarter worth $30,000. Finally, Headlands Technologies LLC acquired a new stake in US Foods during the first quarter worth $50,000. Institutional investors own 98.76% of the company’s stock.

Analyst Ratings Changes

USFD has been the subject of a number of analyst reports. JPMorgan Chase & Co. raised their price objective on shares of US Foods from $60.00 to $68.00 and gave the stock a “neutral” rating in a report on Monday, September 16th. Deutsche Bank Aktiengesellschaft raised their price target on shares of US Foods from $72.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, August 9th. Wells Fargo & Company increased their target price on US Foods from $66.00 to $75.00 and gave the stock an “overweight” rating in a report on Wednesday, September 18th. Truist Financial boosted their price target on US Foods from $65.00 to $66.00 and gave the company a “buy” rating in a research note on Thursday, June 6th. Finally, StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a research note on Sunday. One analyst has rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $66.40.

Insider Transactions at US Foods

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

US Foods Stock Down 0.6 %

Shares of NYSE USFD opened at $61.58 on Monday. The company has a quick ratio of 0.81, a current ratio of 1.29 and a debt-to-equity ratio of 0.92. The company 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. US Foods Holding Corp. has a 12-month low of $35.66 and a 12-month high of $62.34. The firm’s 50-day simple moving average is $56.07 and its 200 day simple moving average is $53.93.

US Foods (NYSE:USFD) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.93 EPS for the quarter, meeting the consensus estimate of $0.93. US Foods had a net margin of 1.42% and a return on equity of 13.43%. The business had revenue of $9.71 billion for the quarter, compared to analysts’ expectations of $9.62 billion. During the same period in the prior year, the firm earned $0.73 earnings per share. US Foods’s revenue was up 7.7% compared to the same quarter last year. On average, research analysts expect that US Foods Holding Corp. will post 2.9 earnings per share for the current fiscal year.

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.