Avalon Trust Co Has $21.88 Million Position in US Foods Holding Corp. $USFD

Avalon Trust Co raised its position in US Foods Holding Corp. (NYSE:USFD) by 66.0% in the 1st quarter, Holdings Channel reports. The firm owned 237,290 shares of the company’s stock after buying an additional 94,359 shares during the period. US Foods accounts for approximately 1.5% of Avalon Trust Co’s investment portfolio, making the stock its 19th biggest holding. Avalon Trust Co’s holdings in US Foods were worth $21,881,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Westover Capital Advisors LLC boosted its position in shares of US Foods by 6.8% during the first quarter. Westover Capital Advisors LLC now owns 26,927 shares of the company’s stock worth $2,483,000 after purchasing an additional 1,719 shares in the last quarter. Marks Group Wealth Management Inc bought a new stake in shares of US Foods in the 1st quarter valued at $444,000. Bank of New York Mellon Corp increased its position in shares of US Foods by 2.5% in the 1st quarter. Bank of New York Mellon Corp now owns 1,449,124 shares of the company’s stock valued at $133,624,000 after buying an additional 35,854 shares in the last quarter. Illinois Municipal Retirement Fund raised its stake in US Foods by 6.4% during the 1st quarter. Illinois Municipal Retirement Fund now owns 164,754 shares of the company’s stock worth $15,192,000 after buying an additional 9,913 shares during the period. Finally, Calamos Wealth Management LLC acquired a new stake in US Foods during the 1st quarter worth $219,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Stock Up 2.2%

USFD stock opened at $99.20 on Friday. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.16. The business has a 50 day moving average price of $90.85 and a two-hundred day moving average price of $89.56. The company has a market cap of $21.85 billion, a price-to-earnings ratio of 33.40, a P/E/G ratio of 1.24 and a beta of 0.79. US Foods Holding Corp. has a twelve month low of $69.88 and a twelve month high of $105.17.

US Foods (NYSE:USFD) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.04). US Foods had a return on equity of 19.37% and a net margin of 1.71%.The company had revenue of $9.61 billion for the quarter, compared to analyst estimates of $9.66 billion. During the same period last year, the firm earned $0.68 EPS. The firm’s revenue for the quarter was up 2.8% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Analysts anticipate that US Foods Holding Corp. will post 4.35 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Piper Sandler decreased their target price on US Foods from $103.00 to $88.00 and set a “neutral” rating for the company in a research note on Monday, June 1st. JPMorgan Chase & Co. dropped their price target on US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th. Weiss Ratings cut US Foods from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, May 1st. TD Cowen started coverage on US Foods in a research report on Tuesday, July 7th. They issued a “buy” rating and a $116.00 price objective for the company. Finally, Citigroup decreased their price objective on US Foods from $115.00 to $111.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Eleven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $107.00.

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.