Teza Capital Management LLC Sells 21,688 Shares of US Foods Holding Corp. (NYSE:USFD)

Teza Capital Management LLC lessened its position in US Foods Holding Corp. (NYSE:USFD) by 48.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,424 shares of the company’s stock after selling 21,688 shares during the period. Teza Capital Management LLC’s holdings in US Foods were worth $1,580,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in USFD. Park Avenue Securities LLC lifted its stake in shares of US Foods by 11.9% in the fourth quarter. Park Avenue Securities LLC now owns 7,147 shares of the company’s stock worth $482,000 after buying an additional 762 shares in the last quarter. Legacy Wealth Asset Management LLC raised its holdings in shares of US Foods by 4.0% during the fourth quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company’s stock valued at $279,000 after purchasing an additional 160 shares during the last quarter. Merit Financial Group LLC purchased a new position in shares of US Foods during the fourth quarter valued at approximately $413,000. HB Wealth Management LLC raised its holdings in shares of US Foods by 41.7% during the fourth quarter. HB Wealth Management LLC now owns 9,911 shares of the company’s stock valued at $669,000 after purchasing an additional 2,916 shares during the last quarter. Finally, Aaron Wealth Advisors LLC raised its holdings in shares of US Foods by 29.4% during the fourth quarter. Aaron Wealth Advisors LLC now owns 4,831 shares of the company’s stock valued at $326,000 after purchasing an additional 1,098 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.

Analyst Ratings Changes

USFD has been the subject of several research reports. UBS Group boosted their price objective on shares of US Foods from $83.00 to $84.00 and gave the company a “buy” rating in a report on Friday, May 9th. Guggenheim reissued a “buy” rating and set a $80.00 price objective on shares of US Foods in a report on Monday, May 12th. Barclays boosted their price objective on shares of US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Morgan Stanley boosted their price objective on shares of US Foods from $81.00 to $84.00 and gave the company an “overweight” rating in a report on Friday, May 9th. Finally, Piper Sandler boosted their price objective on shares of US Foods from $75.00 to $77.00 and gave the company an “overweight” rating in a report on Tuesday, February 18th. One equities research analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $73.00.

Insiders Place Their Bets

In other news, Director David W. Bullock purchased 4,000 shares of the company’s stock in a transaction on 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 transaction, the director now directly owns 4,500 shares in the company, valued at $319,770. This trade represents a 800.00% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 0.60% of the company’s stock.

US Foods Stock Performance

Shares of NYSE USFD opened at $76.64 on Monday. The firm has a 50 day moving average of $65.78 and a 200 day moving average of $67.67. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $17.73 billion, a price-to-earnings ratio of 37.94, a price-to-earnings-growth ratio of 1.03 and a beta of 1.35. US Foods Holding Corp. has a 12-month low of $50.05 and a 12-month high of $76.92.

US Foods (NYSE:USFD) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.01). The firm had revenue of $9.35 billion during the quarter, compared to the consensus estimate of $9.42 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.54 earnings per share. On average, research analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

US Foods Company 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.