Creative Planning Buys 1,547 Shares of US Foods Holding Corp. (NYSE:USFD)

Creative Planning lifted its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 13.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 12,978 shares of the company’s stock after acquiring an additional 1,547 shares during the period. Creative Planning’s holdings in US Foods were worth $798,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Davis Investment Partners LLC boosted its stake in US Foods by 0.7% during the 3rd quarter. Davis Investment Partners LLC now owns 28,864 shares of the company’s stock valued at $1,775,000 after purchasing an additional 193 shares during the period. Quent Capital LLC boosted its stake in US Foods by 87.6% during the 3rd quarter. Quent Capital LLC now owns 469 shares of the company’s stock valued at $29,000 after purchasing an additional 219 shares during the period. Mount Yale Investment Advisors LLC boosted its stake in US Foods by 2.8% during the 1st quarter. Mount Yale Investment Advisors LLC now owns 10,634 shares of the company’s stock valued at $574,000 after purchasing an additional 286 shares during the period. OLD National Bancorp IN boosted its stake in US Foods by 5.0% during the 2nd quarter. OLD National Bancorp IN now owns 6,289 shares of the company’s stock valued at $333,000 after purchasing an additional 301 shares during the period. Finally, US Bancorp DE boosted its stake in US Foods by 3.8% during the 1st quarter. US Bancorp DE now owns 9,355 shares of the company’s stock valued at $505,000 after purchasing an additional 344 shares during the period. Institutional investors own 98.76% of the company’s stock.

US Foods Price Performance

Shares of USFD stock opened at $61.44 on Friday. The stock’s fifty day simple moving average is $60.63 and its 200 day simple moving average is $55.71. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.29 and a quick ratio of 0.81. The firm has a market cap of $15.03 billion, a price-to-earnings ratio of 29.26, a P/E/G ratio of 1.01 and a beta of 1.66. US Foods Holding Corp. has a one year low of $39.71 and a one year high of $63.13.

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

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on USFD. StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 10th. Deutsche Bank Aktiengesellschaft increased their target price on US Foods from $72.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, August 9th. Jefferies Financial Group increased their target price on US Foods from $66.00 to $71.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. JPMorgan Chase & Co. lifted their price objective on US Foods from $60.00 to $68.00 and gave the stock a “neutral” rating in a report on Monday, September 16th. Finally, Wells Fargo & Company boosted their price objective on US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a research report on Wednesday, September 18th. One analyst has rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $66.82.

Insider Activity at US Foods

In related news, CFO Dirk J. Locascio sold 10,000 shares of the business’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $57.95, for a total value of $579,500.00. Following the sale, the chief financial officer now owns 88,563 shares of the company’s stock, valued at $5,132,225.85. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.70% of the stock is owned by insiders.

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.