Janus Henderson Group PLC Has $8.76 Million Stock Holdings in US Foods Holding Corp. (NYSE:USFD)

Janus Henderson Group PLC raised its stake in US Foods Holding Corp. (NYSE:USFD) by 46.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,338 shares of the company’s stock after acquiring an additional 51,402 shares during the period. Janus Henderson Group PLC owned approximately 0.07% of US Foods worth $8,759,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Lord Abbett & CO. LLC acquired a new position in US Foods in the 1st quarter valued at $22,937,000. State of Alaska Department of Revenue increased its stake in shares of US Foods by 138.6% in the 4th quarter. State of Alaska Department of Revenue now owns 64,425 shares of the company’s stock valued at $2,925,000 after purchasing an additional 37,425 shares during the last quarter. Entropy Technologies LP bought a new position in shares of US Foods in the 1st quarter valued at $232,000. International Assets Investment Management LLC increased its stake in shares of US Foods by 4,441.0% in the 4th quarter. International Assets Investment Management LLC now owns 25,339 shares of the company’s stock valued at $1,151,000 after purchasing an additional 24,781 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of US Foods by 1.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,026,096 shares of the company’s stock valued at $182,828,000 after purchasing an additional 46,190 shares during the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently issued reports on USFD. Piper Sandler lifted their price target on US Foods from $59.00 to $61.00 and gave the company an “overweight” rating in a research note on Friday, June 7th. UBS Group lifted their price target on US Foods from $64.00 to $67.00 and gave the company a “buy” rating in a research note on Friday, May 10th. Wells Fargo & Company lifted their price target on US Foods from $63.00 to $66.00 and gave the company an “overweight” rating in a research note on Thursday, June 6th. Morgan Stanley lifted their price target on US Foods from $62.00 to $64.00 and gave the company an “overweight” rating in a research note on Friday, May 10th. Finally, Truist Financial lifted their price target on US Foods from $65.00 to $66.00 and gave the company a “buy” rating in a research note on Thursday, June 6th. One investment analyst has rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, US Foods currently has a consensus rating of “Buy” and an average price target of $62.00.

US Foods Trading Down 0.3 %

Shares of USFD stock opened at $54.24 on Friday. The firm has a market capitalization of $13.34 billion, a P/E ratio of 26.72, a P/E/G ratio of 0.89 and a beta of 1.62. US Foods Holding Corp. has a twelve month low of $35.66 and a twelve month high of $55.98. The stock’s fifty day simple moving average is $52.86 and its 200 day simple moving average is $51.53. The company has a quick ratio of 0.81, a current ratio of 1.31 and a debt-to-equity ratio of 0.95.

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