Islay Capital Management LLC Takes $987,000 Position in US Foods Holding Corp. $USFD

Islay Capital Management LLC purchased a new position in shares of US Foods Holding Corp. (NYSE:USFD) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,818 shares of the company’s stock, valued at approximately $987,000.

Several other large investors have also bought and sold shares of USFD. Caitong International Asset Management Co. Ltd bought a new stake in shares of US Foods in the 1st quarter worth $31,000. V Square Quantitative Management LLC boosted its holdings in US Foods by 58.7% during the second quarter. V Square Quantitative Management LLC now owns 541 shares of the company’s stock worth $42,000 after purchasing an additional 200 shares during the last quarter. Assetmark Inc. grew its position in US Foods by 41.1% in the 2nd quarter. Assetmark Inc. now owns 931 shares of the company’s stock worth $72,000 after purchasing an additional 271 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, True Wealth Design LLC increased its stake in US Foods by 21.7% in the 2nd quarter. True Wealth Design LLC now owns 1,250 shares of the company’s stock valued at $96,000 after buying an additional 223 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors.

US Foods Stock Performance

Shares of USFD opened at $72.16 on Friday. US Foods Holding Corp. has a 1 year low of $57.36 and a 1 year high of $85.11. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.15 and a quick ratio of 0.70. The stock’s fifty day moving average price is $75.79 and its two-hundred day moving average price is $76.85. The firm has a market cap of $16.09 billion, a PE ratio of 30.07, a PEG ratio of 0.99 and a beta of 1.34.

US Foods (NYSE:USFD) last announced its quarterly earnings data on Thursday, November 6th. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.02. The company had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.18 billion. US Foods had a return on equity of 17.71% and a net margin of 1.43%.The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.85 EPS. On average, equities research analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current year.

Insider Activity at US Foods

In related news, insider Steven Guberman sold 58,632 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $72.00, for a total transaction of $4,221,504.00. Following the sale, the insider directly owned 113,410 shares in the company, valued at approximately $8,165,520. This represents a 34.08% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on USFD. 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. Piper Sandler boosted their price objective on US Foods from $77.00 to $85.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 2nd. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of US Foods in a research report on Friday, November 7th. Wells Fargo & Company reiterated an “overweight” rating and set a $87.00 target price (up from $80.00) on shares of US Foods in a research note on Friday, August 8th. Finally, Wall Street Zen upgraded shares of US Foods from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 5th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $82.00.

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.