XTX Topco Ltd Makes New Investment in US Foods Holding Corp. (NYSE:USFD)

XTX Topco Ltd purchased a new stake in US Foods Holding Corp. (NYSE:USFD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 28,489 shares of the company’s stock, valued at approximately $1,509,000.

Several other hedge funds have also modified their holdings of USFD. Acadian Asset Management LLC purchased a new position in shares of US Foods in the 2nd quarter valued at about $25,000. Redmont Wealth Advisors LLC purchased a new stake in shares of US Foods during the first quarter worth approximately $27,000. International Assets Investment Management LLC acquired a new stake in US Foods in the second quarter valued at approximately $30,000. Rise Advisors LLC purchased a new position in US Foods in the first quarter worth approximately $30,000. Finally, Headlands Technologies LLC acquired a new position in US Foods during the 1st quarter worth approximately $50,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at US Foods

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

US Foods Price Performance

Shares of NYSE USFD opened at $61.95 on Friday. The company has a current ratio of 1.29, a quick ratio of 0.81 and a debt-to-equity ratio of 0.92. The stock has a market cap of $15.15 billion, a P/E ratio of 30.52, a P/E/G ratio of 1.00 and a beta of 1.66. The stock has a 50 day moving average of $55.89 and a two-hundred day moving average of $53.84. US Foods Holding Corp. has a twelve month low of $35.66 and a twelve month high of $62.34.

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

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised their price objective on shares of US Foods from $60.00 to $68.00 and gave the company a “neutral” rating in a report on Monday. Deutsche Bank Aktiengesellschaft raised their price target on US Foods from $72.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, August 9th. Truist Financial upped their price objective on US Foods from $65.00 to $66.00 and gave the stock a “buy” rating in a research report on Thursday, June 6th. StockNews.com downgraded US Foods from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 14th. Finally, Wells Fargo & Company boosted their target price on US Foods from $66.00 to $75.00 and gave the stock an “overweight” rating in a research note on Wednesday. One research analyst has rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $66.40.

US Foods 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.