US Foods Holding Corp. (NYSE:USFD) Shares Sold by Brant Point Investment Management LLC

Brant Point Investment Management LLC lessened its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 2.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 150,000 shares of the company’s stock after selling 4,108 shares during the quarter. US Foods accounts for 1.3% of Brant Point Investment Management LLC’s investment portfolio, making the stock its 5th biggest position. Brant Point Investment Management LLC’s holdings in US Foods were worth $10,119,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the stock. Legacy Wealth Asset Management LLC lifted its position in US Foods by 4.0% during the 4th quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company’s stock worth $279,000 after acquiring an additional 160 shares in the last quarter. Arizona State Retirement System boosted its stake in shares of US Foods by 0.3% in the fourth quarter. Arizona State Retirement System now owns 67,426 shares of the company’s stock valued at $4,549,000 after purchasing an additional 170 shares during the period. EverSource Wealth Advisors LLC grew its holdings in US Foods by 59.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $32,000 after purchasing an additional 178 shares in the last quarter. Vestcor Inc increased its stake in US Foods by 1.0% during the 4th quarter. Vestcor Inc now owns 20,200 shares of the company’s stock worth $1,363,000 after buying an additional 195 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its holdings in US Foods by 2.4% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,724 shares of the company’s stock worth $588,000 after buying an additional 206 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Stock Up 1.1 %

Shares of NYSE:USFD opened at $62.24 on Friday. The stock has a market capitalization of $14.35 billion, a price-to-earnings ratio of 30.81, a price-to-earnings-growth ratio of 1.03 and a beta of 1.38. US Foods Holding Corp. has a 1-year low of $49.65 and a 1-year high of $73.19. The company’s fifty day moving average is $66.31 and its two-hundred day moving average is $66.62. 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 posted its earnings results on Thursday, February 13th. The company reported $0.78 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 the consensus estimate of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. Equities analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on USFD shares. UBS Group raised their target price on US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, February 14th. Guggenheim restated a “buy” rating and set a $80.00 price objective on shares of US Foods in a research note on Monday. Truist Financial upped their target price on US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, February 14th. Morgan Stanley raised their price target 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. Finally, StockNews.com lowered shares of US Foods from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. One analyst has rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $71.83.

Insiders Place Their Bets

In other news, Director David W. Bullock bought 4,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was purchased at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the transaction, 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 purchase was disclosed in a filing with the SEC, which is accessible through this link. 0.70% of the stock is owned by corporate insiders.

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.