Jag Capital Management LLC Invests $551,000 in US Foods Holding Corp. $USFD

Jag Capital Management LLC bought a new stake in shares of US Foods Holding Corp. (NYSE:USFD) in the first quarter, Holdings Channel reports. The institutional investor bought 5,975 shares of the company’s stock, valued at approximately $551,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of USFD. Price T Rowe Associates Inc. MD raised its stake in US Foods by 412.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,165,611 shares of the company’s stock valued at $313,755,000 after purchasing an additional 3,353,396 shares in the last quarter. Bank of Montreal Can grew its stake in shares of US Foods by 8,056.1% in the 4th quarter. Bank of Montreal Can now owns 2,866,721 shares of the company’s stock worth $215,921,000 after buying an additional 2,831,573 shares in the last quarter. Norges Bank bought a new stake in shares of US Foods in the 4th quarter worth about $192,849,000. Wellington Management Group LLP raised its position in shares of US Foods by 14.2% during the 3rd quarter. Wellington Management Group LLP now owns 12,875,970 shares of the company’s stock valued at $986,557,000 after buying an additional 1,599,033 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in shares of US Foods by 9,713.4% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,243,456 shares of the company’s stock valued at $114,659,000 after buying an additional 1,230,785 shares in the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. JPMorgan Chase & Co. lowered their price target on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Wall Street Zen downgraded US Foods from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Citigroup dropped their target price on US Foods from $115.00 to $111.00 and set a “buy” rating for the company in a report on Friday, May 8th. Morgan Stanley boosted their target price on US Foods from $94.00 to $103.00 and gave the company an “equal weight” rating in a research report on Wednesday. Finally, Weiss Ratings lowered US Foods from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, May 1st. Eleven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $107.00.

US Foods Stock Performance

Shares of NYSE:USFD opened at $99.20 on Friday. The company has a market capitalization of $21.85 billion, a price-to-earnings ratio of 33.40, a PEG ratio of 1.24 and a beta of 0.79. US Foods Holding Corp. has a 12 month low of $69.88 and a 12 month high of $105.17. The firm’s 50-day moving average is $90.85 and its 200 day moving average is $89.56. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.16.

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 the consensus estimate 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 return on equity of 19.37% and a net margin of 1.71%.The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.68 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Research analysts predict that US Foods Holding Corp. will post 4.35 EPS 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.