12,848 Shares in US Foods Holding Corp. (NYSE:USFD) Bought by Dark Forest Capital Management LP

Dark Forest Capital Management LP bought a new stake in US Foods Holding Corp. (NYSE:USFD) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,848 shares of the company’s stock, valued at approximately $681,000.

Several other hedge funds also recently bought and sold shares of USFD. Acadian Asset Management LLC bought a new position in US Foods during the second quarter valued at approximately $25,000. Redmont Wealth Advisors LLC acquired a new position in shares of US Foods during the 1st quarter worth $27,000. International Assets Investment Management LLC acquired a new stake in shares of US Foods in the 2nd quarter valued at $30,000. Rise Advisors LLC bought a new stake in US Foods in the first quarter worth $30,000. Finally, Headlands Technologies LLC acquired a new position in US Foods during the first quarter worth $50,000. 98.76% of the stock is owned by institutional investors and hedge funds.

US Foods Stock Up 0.7 %

USFD stock opened at $62.82 on Friday. The business’s 50-day simple moving average is $56.80 and its 200 day simple moving average is $54.16. 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 $15.45 billion, a PE ratio of 30.95, a price-to-earnings-growth ratio of 1.02 and a beta of 1.66. US Foods Holding Corp. has a twelve month low of $35.66 and a twelve month high of $62.94.

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

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on USFD. Deutsche Bank Aktiengesellschaft upped their price target on US Foods from $72.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, August 9th. Truist Financial boosted their price objective on shares of US Foods from $65.00 to $66.00 and gave the stock a “buy” rating in a research note on Thursday, June 6th. Piper Sandler raised their target price on shares of US Foods from $59.00 to $61.00 and gave the company an “overweight” rating in a research note on Friday, June 7th. Wells Fargo & Company boosted their target price on shares of US Foods from $66.00 to $75.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 18th. Finally, Jefferies Financial Group raised their price target on US Foods from $66.00 to $71.00 and gave the company a “buy” rating in a research report on Wednesday. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, US Foods presently has a consensus rating of “Buy” and a consensus price target of $66.82.

Insider Transactions at US Foods

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

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.