US Foods Holding Corp. (NYSE:USFD) Director David W. Bullock Buys 4,000 Shares of Stock

US Foods Holding Corp. (NYSE:USFD) Director David W. Bullock purchased 4,000 shares of US Foods stock in a transaction dated Tuesday, February 18th. The stock was acquired at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the completion of the acquisition, the director now owns 4,500 shares of the company’s stock, valued at approximately $319,770. This trade represents a 800.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

US Foods Stock Up 1.0 %

Shares of US Foods stock opened at $71.56 on Thursday. US Foods Holding Corp. has a 52-week low of $49.64 and a 52-week high of $73.00. The firm’s 50 day moving average price is $69.11 and its 200-day moving average price is $64.47. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. The company has a market cap of $16.49 billion, a P/E ratio of 35.42, a PEG ratio of 0.95 and a beta of 1.67.

US Foods (NYSE:USFD) last released its quarterly 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 return on equity of 15.03% and a net margin of 1.30%. The firm had revenue of $9.49 billion during the quarter, compared to analysts’ expectations of $9.47 billion. On average, sell-side analysts predict that US Foods Holding Corp. will post 3.61 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in USFD. Colonial Trust Co SC purchased a new stake in shares of US Foods during the fourth quarter worth about $25,000. GeoWealth Management LLC boosted its stake in US Foods by 94.5% in the 4th quarter. GeoWealth Management LLC now owns 389 shares of the company’s stock worth $26,000 after purchasing an additional 189 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in US Foods during the 3rd quarter worth approximately $31,000. EverSource Wealth Advisors LLC increased its stake in US Foods by 59.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $32,000 after purchasing an additional 178 shares in the last quarter. Finally, Legacy Investment Solutions LLC purchased a new position in shares of US Foods in the fourth quarter worth $32,000. 98.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Barclays increased their target price on US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Melius started coverage on shares of US Foods in a report on Wednesday, December 18th. They set a “buy” rating and a $12.00 price objective for the company. Melius Research upgraded shares of US Foods to a “strong-buy” rating in a research note on Wednesday, December 18th. Jefferies Financial Group boosted their price target on US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a report on Monday, December 16th. Finally, JPMorgan Chase & Co. raised their price objective on US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. One research analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $70.33.

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.