Angeles Wealth Management LLC Takes Position in US Foods Holding Corp. $USFD

Angeles Wealth Management LLC purchased a new stake in US Foods Holding Corp. (NYSE:USFD) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,055 shares of the company’s stock, valued at approximately $235,000.

A number of other hedge funds have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd purchased a new stake in shares of US Foods in the first quarter valued at about $31,000. V Square Quantitative Management LLC grew its position in US Foods by 58.7% in the 2nd quarter. V Square Quantitative Management LLC now owns 541 shares of the company’s stock worth $42,000 after purchasing an additional 200 shares in the last quarter. Blue Trust Inc. grew its position in US Foods by 487.2% in the 1st quarter. Blue Trust Inc. now owns 875 shares of the company’s stock worth $57,000 after purchasing an additional 726 shares in the last quarter. Rosenberg Matthew Hamilton increased its stake in US Foods by 1,474.0% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 1,149 shares of the company’s stock valued at $88,000 after buying an additional 1,076 shares during the last quarter. Finally, Signaturefd LLC lifted its position in shares of US Foods by 19.7% during the 1st quarter. Signaturefd LLC now owns 1,302 shares of the company’s stock worth $85,000 after buying an additional 214 shares in the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. UBS Group upped their target price on US Foods from $84.00 to $96.00 and gave the company a “buy” rating in a report on Monday, July 28th. Wells Fargo & Company reissued an “overweight” rating and issued a $87.00 price objective (up previously from $80.00) on shares of US Foods in a research report on Friday, August 8th. Guggenheim raised their target price on US Foods from $80.00 to $88.00 and gave the company a “buy” rating in a research report on Monday, August 11th. JPMorgan Chase & Co. lifted their target price on US Foods from $82.00 to $85.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 25th. Finally, Morgan Stanley restated an “overweight” rating and set a $89.00 price target (up previously from $84.00) on shares of US Foods in a research report on Monday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $81.27.

US Foods Stock Up 1.6%

USFD opened at $76.17 on Friday. The company has a quick ratio of 0.73, a current ratio of 1.17 and a debt-to-equity ratio of 1.02. The stock has a market cap of $17.15 billion, a price-to-earnings ratio of 32.55, a PEG ratio of 1.06 and a beta of 1.36. US Foods Holding Corp. has a twelve month low of $57.36 and a twelve month high of $85.11. The company’s 50-day moving average price is $77.27 and its two-hundred day moving average price is $75.41.

US Foods (NYSE:USFD) last released its earnings results on Thursday, August 7th. The company reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.14 by $0.05. The firm had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $10.17 billion. US Foods had a net margin of 1.43% and a return on equity of 16.86%. The company’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.93 earnings per share. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. As a group, equities analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

US Foods 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.