Dimensional Fund Advisors LP Increases Holdings in US Foods Holding Corp. (NYSE:USFD)

Dimensional Fund Advisors LP raised its position in US Foods Holding Corp. (NYSE:USFD) by 14.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,528,776 shares of the company’s stock after purchasing an additional 567,601 shares during the quarter. Dimensional Fund Advisors LP owned about 1.84% of US Foods worth $239,940,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in USFD. Norges Bank acquired a new position in shares of US Foods in the fourth quarter valued at approximately $108,316,000. Massachusetts Financial Services Co. MA boosted its position in shares of US Foods by 46.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,550,945 shares of the company’s stock valued at $347,069,000 after purchasing an additional 2,064,321 shares during the period. Vanguard Group Inc. boosted its holdings in shares of US Foods by 3.6% in the first quarter. Vanguard Group Inc. now owns 23,019,003 shares of the company’s stock valued at $1,242,336,000 after acquiring an additional 796,434 shares during the period. Boston Partners grew its position in US Foods by 3.5% during the 1st quarter. Boston Partners now owns 16,527,901 shares of the company’s stock worth $891,073,000 after purchasing an additional 566,277 shares during the last quarter. Finally, Victory Capital Management Inc. grew its holdings in shares of US Foods by 5.1% during the second quarter. Victory Capital Management Inc. now owns 10,383,374 shares of the company’s stock worth $550,111,000 after buying an additional 500,129 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Trading Down 0.5 %

US Foods stock opened at $60.88 on Thursday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.81 and a current ratio of 1.29. The business’s 50-day simple moving average is $55.69 and its 200-day simple moving average is $53.78. The firm has a market capitalization of $14.89 billion, a PE ratio of 29.99, a PEG ratio of 1.00 and a beta of 1.66. US Foods Holding Corp. has a 52 week low of $35.66 and a 52 week high of $62.34.

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

Insider Buying and Selling

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

Wall Street Analyst Weigh In

USFD has been the topic of a number of recent analyst reports. Truist Financial upped their price objective on US Foods from $65.00 to $66.00 and gave the stock a “buy” rating in a report on Thursday, June 6th. Deutsche Bank Aktiengesellschaft increased 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. StockNews.com downgraded shares of US Foods from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 14th. Piper Sandler increased their target price on US Foods from $59.00 to $61.00 and gave the company an “overweight” rating in a research note on Friday, June 7th. Finally, Wells Fargo & Company increased their price objective on shares of US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a research report on Wednesday. One research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $66.40.

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.