US Foods Holding Corp. (NYSE:USFD) Shares Sold by PAX Financial Group LLC

PAX Financial Group LLC trimmed its stake in US Foods Holding Corp. (NYSE:USFD) by 3.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,387 shares of the company’s stock after selling 388 shares during the quarter. PAX Financial Group LLC’s holdings in US Foods were worth $701,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. EverSource Wealth Advisors LLC lifted its holdings in US Foods by 59.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $32,000 after purchasing an additional 178 shares in the last quarter. R Squared Ltd purchased a new position in shares of US Foods during the fourth quarter valued at approximately $34,000. Smartleaf Asset Management LLC boosted its position in US Foods by 50.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 727 shares of the company’s stock worth $49,000 after acquiring an additional 243 shares during the last quarter. J.Safra Asset Management Corp grew its stake in US Foods by 38.5% in the 4th quarter. J.Safra Asset Management Corp now owns 806 shares of the company’s stock worth $55,000 after acquiring an additional 224 shares during the period. Finally, Versant Capital Management Inc raised its holdings in US Foods by 112.2% in the 4th quarter. Versant Capital Management Inc now owns 855 shares of the company’s stock valued at $58,000 after acquiring an additional 452 shares during the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director David W. Bullock bought 4,000 shares of the firm’s stock in a transaction dated 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 completion of the purchase, the director now owns 4,500 shares of the company’s stock, valued at $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.70% of the company’s stock.

US Foods Price Performance

USFD opened at $65.00 on Friday. The company has a 50 day moving average of $68.38 and a two-hundred day moving average of $66.58. US Foods Holding Corp. has a 52-week low of $49.65 and a 52-week high of $73.19. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. The company has a market cap of $14.97 billion, a P/E ratio of 32.18, a P/E/G ratio of 1.03 and a beta of 1.38.

US Foods (NYSE:USFD) last announced its quarterly earnings results 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). 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 analyst estimates of $9.47 billion. On average, 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 recently issued reports on USFD. UBS Group raised their price objective on US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, February 14th. Truist Financial raised their price target on US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. StockNews.com downgraded shares of US Foods from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. Melius initiated coverage on shares of US Foods in a report on Wednesday, December 18th. They set a “buy” rating and a $12.00 price objective on the stock. Finally, Morgan Stanley boosted their target price on shares of US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. One equities research analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $71.09.

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.