Axa S.A. Purchases Shares of 142,427 US Foods Holding Corp. (NYSE:USFD)

Axa S.A. bought a new stake in US Foods Holding Corp. (NYSE:USFD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 142,427 shares of the company’s stock, valued at approximately $9,608,000. Axa S.A. owned 0.06% of US Foods as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. GeoWealth Management LLC raised its stake in shares of US Foods by 94.5% in the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company’s stock valued at $26,000 after acquiring an additional 189 shares during the last quarter. Legacy Investment Solutions LLC acquired a new position in US Foods in the fourth quarter worth $32,000. EverSource Wealth Advisors LLC grew its holdings in shares of US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $32,000 after purchasing an additional 178 shares during the last quarter. R Squared Ltd bought a new position in shares of US Foods in the fourth quarter valued at about $34,000. Finally, Smartleaf Asset Management LLC raised its holdings in shares of US Foods by 50.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 727 shares of the company’s stock valued at $49,000 after buying an additional 243 shares during the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Stock Up 0.7 %

NYSE:USFD opened at $68.38 on Tuesday. US Foods Holding Corp. has a 1 year low of $50.05 and a 1 year high of $73.19. The stock has a 50-day moving average price of $64.94 and a two-hundred day moving average price of $66.92. The stock has a market cap of $15.76 billion, a price-to-earnings ratio of 33.85, a PEG ratio of 1.03 and a beta of 1.35. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06.

US Foods (NYSE:USFD) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.01). The business had revenue of $9.49 billion during the quarter, compared to analyst estimates of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. As a group, equities analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have weighed in on USFD. StockNews.com cut shares of US Foods from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Morgan Stanley boosted their price objective on shares of US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. Guggenheim reissued a “buy” rating and issued a $80.00 target price on shares of US Foods in a research note on Monday, April 14th. Piper Sandler upped their price target on US Foods from $75.00 to $77.00 and gave the company an “overweight” rating in a research note on Tuesday, February 18th. Finally, UBS Group lifted their price objective on US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, US Foods currently has a consensus rating of “Buy” and an average target price of $71.83.

Insider Buying and Selling

In other news, Director David W. Bullock bought 4,000 shares of the stock in a transaction on Tuesday, February 18th. The stock was purchased at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the acquisition, the director now owns 4,500 shares in the company, valued at approximately $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.60% of the stock is currently owned by company insiders.

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.