US Foods Holding Corp. (NYSE:USFD) Stake Raised by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC grew its holdings in US Foods Holding Corp. (NYSE:USFD) by 2.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,634 shares of the company’s stock after purchasing an additional 286 shares during the period. Mount Yale Investment Advisors LLC’s holdings in US Foods were worth $574,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. increased its stake in US Foods by 3.6% in the 1st quarter. Vanguard Group Inc. now owns 23,019,003 shares of the company’s stock valued at $1,242,336,000 after buying an additional 796,434 shares during the period. Victory Capital Management Inc. boosted its holdings in US Foods by 98.2% during the fourth quarter. Victory Capital Management Inc. now owns 9,220,688 shares of the company’s stock valued at $418,711,000 after acquiring an additional 4,569,002 shares during the period. Dorsal Capital Management LP grew its position in shares of US Foods by 2.0% in the fourth quarter. Dorsal Capital Management LP now owns 5,000,000 shares of the company’s stock valued at $227,050,000 after purchasing an additional 100,000 shares during the last quarter. Bessemer Group Inc. lifted its position in shares of US Foods by 1.7% during the 1st quarter. Bessemer Group Inc. now owns 4,454,515 shares of the company’s stock worth $240,409,000 after purchasing an additional 75,132 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its stake in US Foods by 0.7% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,058,493 shares of the company’s stock valued at $184,296,000 after purchasing an additional 26,315 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

US Foods Trading Up 0.9 %

USFD stock traded up $0.49 during midday trading on Tuesday, reaching $53.51. The stock had a trading volume of 102,142 shares, compared to its average volume of 1,746,609. US Foods Holding Corp. has a twelve month low of $35.66 and a twelve month high of $55.98. The business has a fifty day simple moving average of $52.86 and a two-hundred day simple moving average of $51.43. The company has a quick ratio of 0.81, a current ratio of 1.31 and a debt-to-equity ratio of 0.95. The firm has a market cap of $13.16 billion, a price-to-earnings ratio of 26.11, a PEG ratio of 0.86 and a beta of 1.62.

US Foods (NYSE:USFD) last announced its quarterly earnings results on Thursday, May 9th. The company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.01). The company had revenue of $8.95 billion during the quarter, compared to the consensus estimate of $8.93 billion. US Foods had a net margin of 1.41% and a return on equity of 13.08%. As a group, research analysts expect that US Foods Holding Corp. will post 2.94 EPS for the current fiscal year.

Analyst Ratings Changes

USFD has been the topic of a number of research reports. UBS Group boosted their target price on shares of US Foods from $64.00 to $67.00 and gave the stock a “buy” rating in a research report on Friday, May 10th. Truist Financial raised their price target on shares of US Foods from $65.00 to $66.00 and gave the stock a “buy” rating in a research note on Thursday, June 6th. JPMorgan Chase & Co. upped their price objective on US Foods from $52.00 to $58.00 and gave the company a “neutral” rating in a research note on Monday, June 3rd. BMO Capital Markets restated an “outperform” rating and set a $62.00 target price (up previously from $58.00) on shares of US Foods in a research report on Friday, May 10th. Finally, Piper Sandler upped their price target on US Foods from $59.00 to $61.00 and gave the company an “overweight” rating in a research report on Friday, June 7th. One equities research analyst has rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, US Foods presently has an average rating of “Buy” and a consensus price target of $62.00.

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.