David W. Bullock Acquires 4,000 Shares of US Foods Holding Corp. (NYSE:USFD) Stock

US Foods Holding Corp. (NYSE:USFD) Director David W. Bullock acquired 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was purchased at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the acquisition, the director now owns 4,500 shares in the company, valued at approximately $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link.

US Foods Stock Up 1.0 %

NYSE USFD traded up $0.71 during trading hours on Wednesday, hitting $71.56. 2,652,686 shares of the company traded hands, compared to its average volume of 2,033,583. The stock has a market capitalization of $16.49 billion, a price-to-earnings ratio of 35.42, a P/E/G ratio of 0.96 and a beta of 1.67. US Foods Holding Corp. has a twelve month low of $49.64 and a twelve month high of $73.00. The business’s 50-day moving average is $69.11 and its 200-day moving average is $64.47. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21.

US Foods (NYSE:USFD) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.01). The company had revenue of $9.49 billion for the quarter, compared to analyst estimates of $9.47 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. Sell-side analysts anticipate that US Foods Holding Corp. will post 3.61 earnings per share for the current year.

Wall Street Analyst Weigh In

USFD has been the subject of a number of research reports. Barclays increased their price target on US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Jefferies Financial Group raised their target price on US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Truist Financial upped their price objective on shares of US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, February 14th. Piper Sandler lifted their price target on US Foods from $75.00 to $77.00 and gave the company an “overweight” rating in a report on Tuesday. Finally, Morgan Stanley increased their target price on shares of US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. One equities research analyst has rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, US Foods currently has an average rating of “Buy” and a consensus target price of $70.33.

Institutional Investors Weigh In On US Foods

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Focus Partners Advisor Solutions LLC bought a new stake in shares of US Foods in the fourth quarter worth $232,000. PharVision Advisers LLC acquired a new position in US Foods during the fourth quarter worth $464,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in US Foods by 10.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 795,248 shares of the company’s stock valued at $53,647,000 after acquiring an additional 77,418 shares in the last quarter. Worldquant Millennium Advisors LLC purchased a new position in shares of US Foods during the fourth quarter valued at approximately $285,000. Finally, Sovereign s Capital Management LLC bought a new stake in US Foods in the 4th quarter worth about $476,000. 98.76% of the stock is owned by institutional investors.

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.