Catalyst Capital Advisors LLC decreased its stake in US Foods Holding Corp. (NYSE:USFD – Free Report) by 4.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,175 shares of the company’s stock after selling 2,000 shares during the quarter. Catalyst Capital Advisors LLC’s holdings in US Foods were worth $2,980,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of the stock. Principal Securities Inc. boosted its stake in US Foods by 21.9% in the 4th quarter. Principal Securities Inc. now owns 1,520 shares of the company’s stock valued at $103,000 after buying an additional 273 shares in the last quarter. New Mexico Educational Retirement Board boosted its stake in US Foods by 11.0% in the 4th quarter. New Mexico Educational Retirement Board now owns 49,736 shares of the company’s stock valued at $3,355,000 after buying an additional 4,936 shares in the last quarter. New York State Teachers Retirement System boosted its stake in US Foods by 3.7% in the 4th quarter. New York State Teachers Retirement System now owns 145,163 shares of the company’s stock valued at $9,793,000 after buying an additional 5,123 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in 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 in the last quarter. Finally, Savant Capital LLC boosted its stake in 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. Institutional investors and hedge funds own 98.76% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts recently commented on the company. JPMorgan Chase & Co. boosted their price target on US Foods from $68.00 to $69.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Barclays lifted their price objective on US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Friday. Truist Financial lifted their price objective on US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Friday. Melius assumed coverage on US Foods in a research report on Wednesday, December 18th. They issued a “buy” rating and a $12.00 price objective for the company. Finally, Morgan Stanley lifted their price objective on US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. One investment analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $70.17.
US Foods Trading Up 0.2 %
USFD stock opened at $71.25 on Monday. The company has a market cap of $16.60 billion, a P/E ratio of 30.58, a PEG ratio of 0.95 and a beta of 1.67. US Foods Holding Corp. has a twelve month low of $45.24 and a twelve month high of $73.00. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01. The business has a fifty day moving average of $69.02 and a 200-day moving average of $64.18.
US Foods (NYSE:USFD – Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.01). The company had revenue of $9.49 billion during the quarter, compared to the consensus estimate of $9.47 billion. US Foods had a net margin of 1.54% and a return on equity of 14.15%. As a group, equities research analysts expect that US Foods Holding Corp. will post 2.94 EPS for the current year.
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.
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