Panagora Asset Management Inc. Increases Position in US Foods Holding Corp. $USFD

Panagora Asset Management Inc. lifted its position in US Foods Holding Corp. (NYSE:USFD) by 25.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,496,933 shares of the company’s stock after purchasing an additional 306,513 shares during the period. Panagora Asset Management Inc.’s holdings in US Foods were worth $112,749,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Orion Porfolio Solutions LLC increased its stake in shares of US Foods by 1.4% in the fourth quarter. Orion Porfolio Solutions LLC now owns 7,108 shares of the company’s stock worth $535,000 after purchasing an additional 101 shares in the last quarter. Choreo LLC increased its stake in shares of US Foods by 2.4% in the fourth quarter. Choreo LLC now owns 5,707 shares of the company’s stock worth $433,000 after purchasing an additional 133 shares in the last quarter. Crossmark Global Holdings Inc. increased its stake in shares of US Foods by 0.7% in the fourth quarter. Crossmark Global Holdings Inc. now owns 18,357 shares of the company’s stock worth $1,383,000 after purchasing an additional 134 shares in the last quarter. Root Financial Partners LLC increased its stake in shares of US Foods by 22.4% in the fourth quarter. Root Financial Partners LLC now owns 840 shares of the company’s stock worth $63,000 after purchasing an additional 154 shares in the last quarter. Finally, Brooklyn Investment Group increased its stake in shares of US Foods by 0.9% in the fourth quarter. Brooklyn Investment Group now owns 18,469 shares of the company’s stock worth $1,413,000 after purchasing an additional 157 shares in the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

USFD has been the subject of a number of analyst reports. JPMorgan Chase & Co. reduced their price objective on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. BTIG Research cut their target price on shares of US Foods from $110.00 to $105.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Wall Street Zen cut shares of US Foods from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Zacks Research cut shares of US Foods from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Finally, Weiss Ratings cut shares of US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $105.50.

US Foods Stock Performance

USFD opened at $93.43 on Monday. The stock has a market capitalization of $20.58 billion, a price-to-earnings ratio of 31.46, a PEG ratio of 1.17 and a beta of 0.84. The company has a fifty day moving average of $87.47 and a 200 day moving average of $85.90. US Foods Holding Corp. has a fifty-two week low of $69.88 and a fifty-two week high of $102.13. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.70 and a current ratio of 1.14.

US Foods (NYSE:USFD) last posted its earnings results on Thursday, May 7th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.04). The company had revenue of $9.61 billion for the quarter, compared to analysts’ expectations of $9.66 billion. US Foods had a net margin of 1.71% and a return on equity of 19.37%. The business’s revenue was up 2.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.68 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, sell-side analysts forecast that US Foods Holding Corp. will post 4.41 earnings per share for the current fiscal year.

About US Foods

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.