Russell Investments Group Ltd. Purchases 109,413 Shares of US Foods Holding Corp. (NYSE:USFD)

Russell Investments Group Ltd. lifted its holdings in US Foods Holding Corp. (NYSE:USFD) by 118.0% in the fourth quarter, HoldingsChannel reports. The firm owned 202,150 shares of the company’s stock after purchasing an additional 109,413 shares during the quarter. Russell Investments Group Ltd.’s holdings in US Foods were worth $13,637,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of USFD. HighTower Advisors LLC grew its stake in shares of US Foods by 16.8% in the 3rd quarter. HighTower Advisors LLC now owns 23,419 shares of the company’s stock worth $1,442,000 after buying an additional 3,368 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of US Foods by 38.4% in the 3rd quarter. Stifel Financial Corp now owns 13,457 shares of the company’s stock valued at $828,000 after acquiring an additional 3,734 shares during the last quarter. Orion Portfolio Solutions LLC lifted its holdings in shares of US Foods by 85.3% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 9,036 shares of the company’s stock valued at $556,000 after acquiring an additional 4,160 shares during the last quarter. MML Investors Services LLC purchased a new position in US Foods in the third quarter worth about $508,000. Finally, Nomura Asset Management Co. Ltd. increased its stake in US Foods by 51.2% during the third quarter. Nomura Asset Management Co. Ltd. now owns 75,961 shares of the company’s stock worth $4,672,000 after acquiring an additional 25,714 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Barclays raised their price objective on US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. UBS Group lifted their price objective on shares of US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Melius Research raised shares of US Foods to a “strong-buy” rating in a research note on Wednesday, December 18th. Morgan Stanley lifted their price target on shares of US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 21st. Finally, StockNews.com lowered shares of US Foods from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $71.09.

US Foods Stock Performance

US Foods stock opened at $62.68 on Friday. US Foods Holding Corp. has a fifty-two week low of $49.65 and a fifty-two week high of $73.19. The company has a market capitalization of $14.44 billion, a PE ratio of 31.03, a P/E/G ratio of 1.03 and a beta of 1.38. The company has a 50 day moving average price of $67.16 and a 200-day moving average price of $66.62. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21.

US Foods (NYSE:USFD) last issued its 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 firm had revenue of $9.49 billion for the quarter, compared to the consensus estimate of $9.47 billion. As a group, equities analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insider Buying and Selling

In other US Foods news, Director David W. Bullock acquired 4,000 shares of US Foods stock in a transaction that occurred on Tuesday, February 18th. The stock was bought at an average price of $71.06 per share, with a total value of $284,240.00. Following the completion of the purchase, the director now directly owns 4,500 shares of the company’s stock, valued at approximately $319,770. This represents a 800.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.70% of the stock is owned by 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.