Sapience Investments LLC lifted its position in shares of US Foods Holding Corp (NYSE:USFD) by 26.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,900 shares of the company’s stock after acquiring an additional 13,980 shares during the period. Sapience Investments LLC’s holdings in US Foods were worth $2,104,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Financial Gravity Companies Inc. bought a new stake in shares of US Foods during the fourth quarter valued at approximately $132,000. Cerebellum GP LLC bought a new stake in US Foods in the 4th quarter worth approximately $135,000. American International Group Inc. bought a new stake in US Foods in the 4th quarter worth approximately $137,000. Tower Research Capital LLC TRC grew its position in US Foods by 2,909.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 6,139 shares of the company’s stock worth $196,000 after purchasing an additional 5,935 shares during the period. Finally, ETRADE Capital Management LLC bought a new stake in US Foods in the 4th quarter worth approximately $214,000. 99.83% of the stock is owned by institutional investors.
US Foods Holding Corp (NYSE:USFD) opened at $34.20 on Tuesday. The firm has a market cap of $7,456.98, a price-to-earnings ratio of 27.08, a PEG ratio of 0.94 and a beta of 0.43. US Foods Holding Corp has a one year low of $25.43 and a one year high of $35.10. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.80 and a current ratio of 1.41.
In other news, Director John Anthony Lederer sold 98,702 shares of US Foods stock in a transaction on Friday, February 16th. The shares were sold at an average price of $33.23, for a total transaction of $3,279,867.46. Following the transaction, the director now owns 406,054 shares in the company, valued at approximately $13,493,174.42. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider David A. Rickard sold 17,176 shares of US Foods stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $32.44, for a total transaction of $557,189.44. Following the transaction, the insider now owns 30,106 shares in the company, valued at approximately $976,638.64. The disclosure for this sale can be found here. Insiders have sold a total of 584,724 shares of company stock worth $19,376,619 in the last quarter. Corporate insiders own 1.56% of the company’s stock.
A number of equities research analysts have commented on USFD shares. Morgan Stanley lifted their target price on shares of US Foods from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Friday, February 16th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $38.00 target price on shares of US Foods in a research report on Tuesday, February 13th. Zacks Investment Research raised shares of US Foods from a “hold” rating to a “buy” rating and set a $38.00 target price for the company in a research report on Saturday, January 27th. Pivotal Research reaffirmed a “hold” rating and issued a $33.00 target price (up previously from $31.00) on shares of US Foods in a research report on Sunday, February 18th. Finally, BMO Capital Markets set a $37.00 target price on shares of US Foods and gave the stock a “hold” rating in a research report on Thursday, February 15th. Six investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $35.50.
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US Foods Company Profile
US Foods Holding Corp. is a holding company. The Company is a foodservice distributor in the United States. The Company, through US Foods, Inc (USF), markets and primarily distributes fresh, frozen and dry food and non-food products to foodservice customers throughout the United States. These 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.
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