Scarborough Advisors LLC Sells 1,500 Shares of US Foods Holding Corp. (NYSE:USFD)

Scarborough Advisors LLC decreased its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 25.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 4,355 shares of the company’s stock after selling 1,500 shares during the period. Scarborough Advisors LLC’s holdings in US Foods were worth $294,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. New Mexico Educational Retirement Board grew its holdings in US Foods by 11.0% during the fourth quarter. New Mexico Educational Retirement Board now owns 49,736 shares of the company’s stock valued at $3,355,000 after purchasing an additional 4,936 shares during the period. New York State Teachers Retirement System boosted its position in shares of US Foods by 3.7% during the fourth quarter. New York State Teachers Retirement System now owns 145,163 shares of the company’s stock worth $9,793,000 after purchasing an additional 5,123 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of US Foods by 2.4% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,724 shares of the company’s stock valued at $588,000 after buying an additional 206 shares during the period. Savant Capital LLC increased its position in shares of US Foods by 35.8% in the 4th quarter. Savant Capital LLC now owns 6,932 shares of the company’s stock valued at $468,000 after buying an additional 1,829 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of US Foods in the 4th quarter valued at $560,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Stock Performance

NYSE USFD opened at $71.25 on Friday. The firm has a market capitalization of $16.60 billion, a P/E ratio of 30.58, a price-to-earnings-growth ratio of 0.95 and a beta of 1.67. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. The firm’s fifty day moving average price is $69.02 and its two-hundred day moving average price is $64.04. US Foods Holding Corp. has a 1 year low of $45.24 and a 1 year high of $73.00.

US Foods (NYSE:USFD) last issued its 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 1.54% and a return on equity of 14.15%. As a group, research analysts anticipate that US Foods Holding Corp. will post 2.94 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on USFD shares. Barclays boosted their target price on US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday. Piper Sandler raised their target price on shares of US Foods from $61.00 to $75.00 and gave the stock an “overweight” rating in a report on Monday, November 11th. Morgan Stanley upped their price target 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. Jefferies Financial Group raised their price objective on shares of US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Finally, Melius Research raised shares of US Foods to a “strong-buy” rating in a research note on Wednesday, December 18th. One investment 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. According to data from MarketBeat, US Foods currently has an average rating of “Buy” and a consensus target price of $70.17.

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.