US Foods (NYSE:USFD) Stock Rating Lowered by StockNews.com

US Foods (NYSE:USFD) was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a report released on Saturday.

A number of other brokerages also recently issued reports on USFD. Piper Sandler increased their price target on US Foods from $75.00 to $77.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 18th. Melius assumed coverage on US Foods in a report on Wednesday, December 18th. They set a “buy” rating and a $12.00 target price for the company. Morgan Stanley increased their target price on US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. Jefferies Financial Group raised their price target on US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Finally, UBS Group lifted their target price on US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a report on Friday, February 14th. One analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, US Foods currently has an average rating of “Buy” and a consensus target price of $71.09.

US Foods Stock Up 1.5 %

Shares of USFD opened at $64.36 on Friday. US Foods has a 52 week low of $49.65 and a 52 week high of $73.19. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $14.83 billion, a price-to-earnings ratio of 31.86, a PEG ratio of 1.03 and a beta of 1.65. The stock’s 50-day moving average price is $68.85 and its 200-day moving average price is $66.13.

US Foods (NYSE:USFD) last issued its earnings results on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.01). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The company had revenue of $9.49 billion during the quarter, compared to analysts’ expectations of $9.47 billion. On average, sell-side analysts predict that US Foods will post 3.59 EPS for the current year.

Insiders Place Their Bets

In other US Foods news, Director David W. Bullock acquired 4,000 shares of US Foods stock in a transaction that occurred on Tuesday, February 18th. The stock was acquired at an average price of $71.06 per share, with a total value of $284,240.00. Following the purchase, the director now owns 4,500 shares in the company, valued at approximately $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.70% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Colonial Trust Co SC bought a new stake in US Foods in the fourth quarter valued at about $25,000. GeoWealth Management LLC grew its stake in US Foods by 94.5% during the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company’s stock worth $26,000 after buying an additional 189 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $32,000 after buying an additional 178 shares during the last quarter. Legacy Investment Solutions LLC bought a new stake in US Foods during the fourth quarter worth about $32,000. Finally, True Wealth Design LLC lifted its position in shares of US Foods by 153.6% during the fourth quarter. True Wealth Design LLC now owns 492 shares of the company’s stock worth $33,000 after purchasing an additional 298 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

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.