68,944 Shares in US Foods Holding Corp. (NYSE:USFD) Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new position in US Foods Holding Corp. (NYSE:USFD) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 68,944 shares of the company’s stock, valued at approximately $4,651,000.

Several other institutional investors and hedge funds have also recently modified their holdings of USFD. R Squared Ltd bought a new position in shares of US Foods in the fourth quarter worth approximately $34,000. Huntington National Bank grew its stake in US Foods by 332.5% in the 3rd quarter. Huntington National Bank now owns 532 shares of the company’s stock worth $33,000 after buying an additional 409 shares in the last quarter. First Horizon Advisors Inc. increased its holdings in shares of US Foods by 54.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock worth $35,000 after buying an additional 202 shares during the last quarter. Assetmark Inc. increased its holdings in shares of US Foods by 66,100.0% in the 3rd quarter. Assetmark Inc. now owns 662 shares of the company’s stock worth $41,000 after buying an additional 661 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its position in shares of US Foods by 50.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 727 shares of the company’s stock valued at $49,000 after buying an additional 243 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Price Performance

Shares of US Foods stock opened at $66.04 on Tuesday. The firm has a market cap of $15.21 billion, a PE ratio of 32.69, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65. The company’s fifty day simple moving average is $69.11 and its two-hundred day simple moving average is $66.08. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. US Foods Holding Corp. has a 12-month low of $49.65 and a 12-month high of $73.19.

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

Wall Street Analyst Weigh In

Several research analysts recently issued reports on USFD shares. Piper Sandler upped their target price on shares of US Foods from $75.00 to $77.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 18th. Jefferies Financial Group upped their price objective on US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a report on Monday, December 16th. StockNews.com cut US Foods from a “strong-buy” rating to a “buy” rating in a report on Thursday, March 13th. Barclays upped their target price on US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Finally, UBS Group lifted their price target on shares of US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. One research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $70.33.

Insider Activity at US Foods

In related news, Director David W. Bullock purchased 4,000 shares of US Foods stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the completion of the transaction, the director now directly owns 4,500 shares of the company’s stock, valued at $319,770. This represents a 800.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.70% of the stock is owned by corporate insiders.

US Foods Company 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.