Jones Financial Companies Lllp Increases Position in US Foods Holding Corp. (NYSE:USFD)

Jones Financial Companies Lllp lifted its stake in US Foods Holding Corp. (NYSE:USFD) by 28.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,576 shares of the company’s stock after purchasing an additional 1,000 shares during the period. Jones Financial Companies Lllp’s holdings in US Foods were worth $309,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in USFD. Ashton Thomas Securities LLC acquired a new position in shares of US Foods during the 3rd quarter worth $31,000. Huntington National Bank raised its position in US Foods by 332.5% during the third quarter. Huntington National Bank now owns 532 shares of the company’s stock worth $33,000 after acquiring an additional 409 shares during the last quarter. R Squared Ltd purchased a new stake in shares of US Foods in the fourth quarter valued at about $34,000. First Horizon Advisors Inc. grew its position in shares of US Foods by 54.2% in the third quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock valued at $35,000 after purchasing an additional 202 shares during the last quarter. Finally, Venturi Wealth Management LLC increased its stake in shares of US Foods by 72.0% during the 3rd quarter. Venturi Wealth Management LLC now owns 657 shares of the company’s stock worth $40,000 after purchasing an additional 275 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Insider Transactions at US Foods

In other US Foods news, Director David W. Bullock bought 4,000 shares of US Foods stock in a transaction that occurred on Tuesday, February 18th. The stock was purchased at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the completion of the acquisition, the director now owns 4,500 shares of the company’s stock, valued at approximately $319,770. This represents a 800.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.70% of the company’s stock.

US Foods Stock Performance

Shares of USFD opened at $65.21 on Thursday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. US Foods Holding Corp. has a 1 year low of $49.65 and a 1 year high of $73.19. The firm has a fifty day moving average of $69.26 and a 200-day moving average of $65.90. The company has a market cap of $15.02 billion, a price-to-earnings ratio of 32.28, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65.

US Foods (NYSE:USFD) last announced its earnings results on Thursday, February 13th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.01). The business had revenue of $9.49 billion for the quarter, compared to the consensus estimate of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. As a group, equities analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Barclays boosted their price objective on shares of US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Melius began coverage on US Foods in a report on Wednesday, December 18th. They issued a “buy” rating and a $12.00 price target for the company. Truist Financial raised their price objective on US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, February 14th. Jefferies Financial Group upped their price objective on shares of US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Finally, Morgan Stanley boosted their price objective on shares of US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a research note on Tuesday, January 21st. One research analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $70.33.

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.