Brown Brothers Harriman & Co. Has $936,000 Stock Holdings in US Foods Holding Corp. (NYSE:USFD)

Brown Brothers Harriman & Co. increased its position in shares of US Foods Holding Corp. (NYSE:USFD) by 2.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,878 shares of the company’s stock after acquiring an additional 278 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in US Foods were worth $936,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of USFD. Boston Partners boosted its position in shares of US Foods by 0.6% during the fourth quarter. Boston Partners now owns 12,744,006 shares of the company’s stock worth $860,460,000 after purchasing an additional 77,012 shares in the last quarter. Wellington Management Group LLP raised its stake in US Foods by 25.2% during the 3rd quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock worth $744,548,000 after buying an additional 2,435,357 shares during the period. State Street Corp lifted its holdings in US Foods by 4.7% during the third quarter. State Street Corp now owns 7,045,514 shares of the company’s stock worth $433,299,000 after acquiring an additional 316,061 shares in the last quarter. JPMorgan Chase & Co. grew its stake in US Foods by 7.3% in the fourth quarter. JPMorgan Chase & Co. now owns 4,304,310 shares of the company’s stock valued at $290,369,000 after acquiring an additional 292,404 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of US Foods by 6.5% in the third quarter. Geode Capital Management LLC now owns 3,972,930 shares of the company’s stock worth $244,401,000 after acquiring an additional 241,900 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Price Performance

Shares of NYSE USFD opened at $64.49 on Monday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. The business has a 50-day moving average of $68.62 and a 200-day moving average of $66.50. The stock has a market capitalization of $14.86 billion, a price-to-earnings ratio of 31.92, a PEG ratio of 1.03 and a beta of 1.65. US Foods Holding Corp. has a fifty-two week low of $49.65 and a fifty-two week high of $73.19.

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on USFD shares. Melius began coverage on US Foods in a report on Wednesday, December 18th. They set a “buy” rating and a $12.00 price objective on the stock. Barclays lifted their price target on shares of US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Piper Sandler raised their price objective on shares of US Foods from $75.00 to $77.00 and gave the stock an “overweight” rating in a report on Tuesday, February 18th. Truist Financial upped their target price on shares of US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Finally, UBS Group lifted their price target on US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, February 14th. One research analyst has rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $71.09.

Insider Buying and Selling

In other news, Director David W. Bullock bought 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was acquired at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the purchase, the director now owns 4,500 shares of the company’s stock, valued at approximately $319,770. This trade represents a 800.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.70% of the stock is owned by corporate insiders.

About US Foods

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.