US Foods Holding Corp. (NYSE:USFD) Shares Sold by Wright Investors Service Inc.

Wright Investors Service Inc. lowered its position in US Foods Holding Corp. (NYSE:USFD) by 2.0% during the third quarter, HoldingsChannel.com reports. The fund owned 26,969 shares of the company’s stock after selling 538 shares during the quarter. Wright Investors Service Inc.’s holdings in US Foods were worth $1,659,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in US Foods by 3.6% in the 1st quarter. Vanguard Group Inc. now owns 23,019,003 shares of the company’s stock valued at $1,242,336,000 after buying an additional 796,434 shares in the last quarter. Boston Partners lifted its stake in US Foods by 3.5% in the 1st quarter. Boston Partners now owns 16,527,901 shares of the company’s stock valued at $891,073,000 after buying an additional 566,277 shares in the last quarter. Victory Capital Management Inc. lifted its stake in US Foods by 5.1% in the 2nd quarter. Victory Capital Management Inc. now owns 10,383,374 shares of the company’s stock valued at $550,111,000 after buying an additional 500,129 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in 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 buying an additional 2,064,321 shares in the last quarter. Finally, Dorsal Capital Management LP lifted its stake in US Foods by 2.0% in the 4th quarter. Dorsal Capital Management LP now owns 5,000,000 shares of the company’s stock valued at $227,050,000 after buying an additional 100,000 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Stock Up 0.5 %

Shares of US Foods stock traded up $0.32 during trading hours on Friday, hitting $61.26. 1,477,273 shares of the company’s stock traded hands, compared to its average volume of 1,833,074. The stock has a 50 day simple moving average of $57.90 and a 200-day simple moving average of $54.49. The company has a quick ratio of 0.81, a current ratio of 1.29 and a debt-to-equity ratio of 0.92. The company has a market cap of $15.06 billion, a PE ratio of 30.18, a PEG ratio of 1.01 and a beta of 1.66. US Foods Holding Corp. has a twelve month low of $35.66 and a twelve month high of $62.94.

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

Insider Activity

In related news, CFO Dirk J. Locascio sold 10,000 shares of US Foods 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 completion of the transaction, the chief financial officer now directly owns 88,563 shares in the company, valued at approximately $5,132,225.85. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.70% of the company’s stock.

Analyst Ratings Changes

USFD has been the topic of a number of recent analyst reports. Wells Fargo & Company increased their price target on US Foods from $66.00 to $75.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 18th. Deutsche Bank Aktiengesellschaft increased their price target on 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 lowered US Foods from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. JPMorgan Chase & Co. increased their target price on US Foods from $60.00 to $68.00 and gave the stock a “neutral” rating in a research report on Monday, September 16th. Finally, Piper Sandler increased their target price on US Foods from $59.00 to $61.00 and gave the stock an “overweight” rating in a research report on Friday, June 7th. One research analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $66.82.

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.