Focus Partners Advisor Solutions LLC Grows Holdings in US Foods Holding Corp. $USFD

Focus Partners Advisor Solutions LLC raised its stake in US Foods Holding Corp. (NYSE:USFD) by 39.7% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 15,205 shares of the company’s stock after purchasing an additional 4,321 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in US Foods were worth $1,171,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of USFD. GAMMA Investing LLC increased its position in shares of US Foods by 16.0% in the 1st quarter. GAMMA Investing LLC now owns 3,458 shares of the company’s stock worth $226,000 after purchasing an additional 478 shares during the last quarter. Highland Capital Management LLC boosted its stake in US Foods by 25.4% during the 1st quarter. Highland Capital Management LLC now owns 4,781 shares of the company’s stock valued at $313,000 after purchasing an additional 969 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its stake in US Foods by 14.5% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,500 shares of the company’s stock valued at $622,000 after purchasing an additional 1,200 shares during the period. KBC Group NV boosted its stake in US Foods by 11.7% during the 1st quarter. KBC Group NV now owns 10,023 shares of the company’s stock valued at $656,000 after purchasing an additional 1,052 shares during the period. Finally, New York State Teachers Retirement System boosted its stake in US Foods by 10.4% during the 1st quarter. New York State Teachers Retirement System now owns 160,268 shares of the company’s stock valued at $10,491,000 after purchasing an additional 15,105 shares during the period. Institutional investors own 98.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on USFD. Piper Sandler upped their price target on shares of US Foods from $77.00 to $85.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 2nd. UBS Group upped their price target on shares of US Foods from $84.00 to $96.00 and gave the stock a “buy” rating in a research note on Monday, July 28th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $87.00 price target (up from $80.00) on shares of US Foods in a research note on Friday, August 8th. Sanford C. Bernstein began coverage on shares of US Foods in a research note on Wednesday, October 22nd. They issued an “outperform” rating and a $95.00 price target for the company. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $89.00 price target (up from $84.00) on shares of US Foods in a research note on Monday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $82.42.

US Foods Stock Down 0.1%

USFD stock opened at $74.22 on Tuesday. US Foods Holding Corp. has a 52-week low of $57.36 and a 52-week high of $85.11. The company’s 50 day simple moving average is $77.00 and its 200-day simple moving average is $76.04. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.17 and a quick ratio of 0.73. The firm has a market capitalization of $16.71 billion, a P/E ratio of 31.72, a P/E/G ratio of 1.04 and a beta of 1.36.

US Foods (NYSE:USFD) last released its quarterly earnings results on Thursday, August 7th. The company reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.05. US Foods had a net margin of 1.43% and a return on equity of 16.86%. The business had revenue of $10.08 billion for the quarter, compared to analyst estimates of $10.17 billion. During the same quarter in the previous year, the business earned $0.93 earnings per share. The firm’s revenue was up 3.8% compared to the same quarter last year. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. As a group, equities research analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current year.

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.