Atlas Capital Advisors LLC Increases Stock Position in US Foods Holding Corp. (NYSE:USFD)

Atlas Capital Advisors LLC grew its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 17.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,727 shares of the company’s stock after buying an additional 1,121 shares during the period. Atlas Capital Advisors LLC’s holdings in US Foods were worth $417,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Davis Investment Partners LLC raised its stake in US Foods by 1.0% during the first quarter. Davis Investment Partners LLC now owns 22,832 shares of the company’s stock valued at $1,179,000 after buying an additional 222 shares during the last quarter. Fulton Bank N.A. raised its position in shares of US Foods by 7.3% in the 1st quarter. Fulton Bank N.A. now owns 9,206 shares of the company’s stock worth $497,000 after purchasing an additional 627 shares during the last quarter. Signal Advisors Wealth LLC bought a new position in US Foods in the 1st quarter worth about $205,000. Rise Advisors LLC purchased a new stake in US Foods during the 1st quarter valued at about $30,000. Finally, First Hawaiian Bank increased its stake in US Foods by 15.3% during the 1st quarter. First Hawaiian Bank now owns 8,870 shares of the company’s stock valued at $479,000 after purchasing an additional 1,178 shares in the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

US Foods Stock Down 0.9 %

USFD opened at $53.14 on Friday. US Foods Holding Corp. has a fifty-two week low of $35.66 and a fifty-two week high of $55.98. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.81 and a current ratio of 1.31. The stock has a market cap of $13.07 billion, a price-to-earnings ratio of 26.18, a price-to-earnings-growth ratio of 0.88 and a beta of 1.60. The firm’s fifty day moving average is $52.94 and its 200 day moving average is $50.28.

US Foods (NYSE:USFD) last released its quarterly earnings data on Thursday, May 9th. The company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.01). The business had revenue of $8.95 billion during the quarter, compared to the consensus estimate of $8.93 billion. US Foods had a return on equity of 13.08% and a net margin of 1.41%. On average, sell-side analysts forecast that US Foods Holding Corp. will post 2.92 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on USFD shares. Morgan Stanley increased their price objective on shares of US Foods from $62.00 to $64.00 and gave the company an “overweight” rating in a research report on Friday, May 10th. Wells Fargo & Company lifted their price objective on US Foods from $63.00 to $66.00 and gave the stock an “overweight” rating in a report on Thursday, June 6th. UBS Group increased their target price on US Foods from $64.00 to $67.00 and gave the company a “buy” rating in a report on Friday, May 10th. BTIG Research boosted their price target on US Foods from $52.00 to $62.00 and gave the company a “buy” rating in a research note on Tuesday, March 19th. Finally, Piper Sandler raised their price objective on shares of US Foods from $59.00 to $61.00 and gave the stock an “overweight” rating in a report on Friday, June 7th. One equities research analyst has rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $62.00.

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.