QRG Capital Management Inc. Boosts Stake in US Foods Holding Corp. $USFD

QRG Capital Management Inc. lifted its holdings in US Foods Holding Corp. (NYSE:USFD) by 161.4% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,338 shares of the company’s stock after buying an additional 28,611 shares during the period. QRG Capital Management Inc.’s holdings in US Foods were worth $4,273,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new position in US Foods in the 3rd quarter valued at $26,000. Steph & Co. bought a new stake in shares of US Foods during the 4th quarter worth $34,000. Geneos Wealth Management Inc. raised its stake in shares of US Foods by 120.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after purchasing an additional 263 shares during the period. Nalls Sherbakoff Group LLC purchased a new position in shares of US Foods in the 4th quarter worth about $36,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of US Foods in the 3rd quarter worth about $49,000. 98.76% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

USFD has been the subject of several research reports. Piper Sandler reduced their price target on shares of US Foods from $103.00 to $88.00 and set a “neutral” rating for the company in a research report on Monday, June 1st. Zacks Research lowered shares of US Foods from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 1st. Weiss Ratings cut shares of US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Wall Street Zen downgraded shares of US Foods from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, BTIG Research decreased their price target on shares of US Foods from $110.00 to $105.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Ten investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $105.50.

US Foods Stock Down 0.2%

USFD stock opened at $104.04 on Monday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.70 and a current ratio of 1.14. The company has a market capitalization of $22.91 billion, a price-to-earnings ratio of 35.03, a PEG ratio of 1.33 and a beta of 0.79. US Foods Holding Corp. has a fifty-two week low of $69.88 and a fifty-two week high of $104.43. The stock has a fifty day moving average of $89.21 and a 200-day moving average of $88.04.

US Foods (NYSE:USFD) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). The firm had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $9.66 billion. US Foods had a net margin of 1.71% and a return on equity of 19.37%. The company’s revenue was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.68 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, equities research analysts predict that US Foods Holding Corp. will post 4.34 earnings per share for the current year.

About US Foods

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.