Versor Investments LP Makes New Investment in US Foods Holding Corp. (NYSE:USFD)

Versor Investments LP purchased a new position in US Foods Holding Corp. (NYSE:USFD) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 12,547 shares of the company’s stock, valued at approximately $846,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in USFD. Ashton Thomas Securities LLC bought a new position in US Foods in the 3rd quarter worth approximately $31,000. Huntington National Bank boosted its stake in US Foods by 332.5% in the 3rd quarter. Huntington National Bank now owns 532 shares of the company’s stock worth $33,000 after purchasing an additional 409 shares during the period. Capital Performance Advisors LLP bought a new position in US Foods in the 3rd quarter worth approximately $34,000. R Squared Ltd bought a new position in US Foods in the 4th quarter worth approximately $34,000. Finally, First Horizon Advisors Inc. boosted its stake in US Foods by 54.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock worth $35,000 after purchasing an additional 202 shares during the period. 98.76% of the stock is currently owned by institutional investors.

US Foods Stock Performance

USFD stock opened at $70.22 on Friday. 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 business’s fifty day simple moving average is $69.32 and its two-hundred day simple moving average is $65.14. US Foods Holding Corp. has a twelve month low of $49.65 and a twelve month high of $73.19. The firm has a market cap of $16.18 billion, a price-to-earnings ratio of 34.76, a PEG ratio of 1.03 and a beta of 1.67.

US Foods (NYSE:USFD) last released 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 return on equity of 15.03% and a net margin of 1.30%. The business had revenue of $9.49 billion during the quarter, compared to analysts’ expectations of $9.47 billion. Analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insiders Place Their Bets

In other US Foods news, Director David W. Bullock bought 4,000 shares of US Foods stock in a transaction on Tuesday, February 18th. The shares were acquired at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the completion of the purchase, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. This trade represents a 800.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on USFD. 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. Jefferies Financial Group upped their price objective on US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Morgan Stanley upped their price objective on US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. Melius Research raised US Foods to a “strong-buy” rating in a report on Wednesday, December 18th. Finally, Truist Financial upped their price objective on US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, February 14th. One analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $70.33.

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.