Jefferies Financial Group Inc. Makes New $227,000 Investment in US Foods Holding Corp. $USFD

Jefferies Financial Group Inc. bought a new stake in US Foods Holding Corp. (NYSE:USFD) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,949 shares of the company’s stock, valued at approximately $227,000.

Other large investors have also modified their holdings of the company. OMNI 360 Wealth Inc. purchased a new stake in shares of US Foods in the second quarter valued at about $276,000. Jupiter Asset Management Ltd. purchased a new position in US Foods during the first quarter worth about $91,087,000. Artisan Partners Limited Partnership lifted its position in US Foods by 12.4% in the second quarter. Artisan Partners Limited Partnership now owns 3,207,416 shares of the company’s stock valued at $247,003,000 after purchasing an additional 354,747 shares during the period. Lecap Asset Management Ltd. purchased a new stake in US Foods in the 2nd quarter valued at approximately $1,195,000. Finally, Voya Investment Management LLC boosted its holdings in US Foods by 27.7% in the 1st quarter. Voya Investment Management LLC now owns 244,629 shares of the company’s stock valued at $16,013,000 after purchasing an additional 53,081 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Trading Down 0.0%

NYSE:USFD opened at $78.67 on Friday. US Foods Holding Corp. has a 52-week low of $57.36 and a 52-week high of $85.11. The company has a quick ratio of 0.70, a current ratio of 1.15 and a debt-to-equity ratio of 1.08. The stock has a fifty day simple moving average of $74.87 and a 200-day simple moving average of $77.31. The company has a market capitalization of $17.54 billion, a PE ratio of 32.78, a price-to-earnings-growth ratio of 1.07 and a beta of 1.34.

US Foods (NYSE:USFD) last posted its earnings results on Thursday, November 6th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.02. The firm had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.18 billion. US Foods had a net margin of 1.43% and a return on equity of 17.71%. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period last year, the firm posted $0.85 EPS. On average, equities research analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on USFD shares. Sanford C. Bernstein reissued an “outperform” rating on shares of US Foods in a research note on Friday, November 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of US Foods in a report on Monday. Wall Street Zen raised US Foods from a “buy” rating to a “strong-buy” rating in a report on Friday. Barclays decreased their target price on shares of US Foods from $95.00 to $90.00 and set an “overweight” rating on the stock in a research report on Friday, November 7th. Finally, Piper Sandler increased their price target on shares of US Foods from $77.00 to $85.00 and gave the company an “overweight” rating in a report on Tuesday, September 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $82.00.

Insider Activity

In related news, insider Steven Guberman sold 58,632 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $72.00, for a total value of $4,221,504.00. Following the sale, the insider owned 113,410 shares of the company’s stock, valued at approximately $8,165,520. This represents a 34.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.60% 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.