US Foods Holding Corp. (NYSE:USFD) Shares Purchased by United Services Automobile Association

United Services Automobile Association grew its position in shares of US Foods Holding Corp. (NYSE:USFD) by 5.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,909 shares of the company’s stock after purchasing an additional 867 shares during the period. United Services Automobile Association’s holdings in US Foods were worth $1,073,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of USFD. EverSource Wealth Advisors LLC boosted its position in US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $32,000 after acquiring an additional 178 shares during the last quarter. R Squared Ltd acquired a new stake in shares of US Foods during the fourth quarter worth $34,000. First Horizon Advisors Inc. grew its position in shares of US Foods by 54.2% in the third quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock valued at $35,000 after purchasing an additional 202 shares during the period. Smartleaf Asset Management LLC increased its stake in US Foods by 50.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 727 shares of the company’s stock valued at $49,000 after purchasing an additional 243 shares during the last quarter. Finally, J.Safra Asset Management Corp lifted its position in US Foods by 38.5% during the fourth quarter. J.Safra Asset Management Corp now owns 806 shares of the company’s stock worth $55,000 after buying an additional 224 shares during the period. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at US Foods

In other US Foods news, Director David W. Bullock bought 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was bought at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the completion of the purchase, the director now directly owns 4,500 shares of the company’s stock, valued at approximately $319,770. The trade was a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.70% of the company’s stock.

US Foods Stock Up 1.5 %

Shares of NYSE USFD opened at $64.36 on Monday. The stock has a fifty day moving average price of $68.85 and a 200 day moving average price of $66.23. The company has a market cap of $14.83 billion, a P/E ratio of 31.86, a P/E/G ratio of 1.03 and a beta of 1.65. US Foods Holding Corp. has a 12-month low of $49.65 and a 12-month high of $73.19. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06.

US Foods (NYSE:USFD) last posted its earnings results on Thursday, February 13th. The company reported $0.78 earnings per share (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 analyst estimates of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. Research analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have commented on the company. Melius Research upgraded US Foods to a “strong-buy” rating in a report on Wednesday, December 18th. Melius assumed coverage on shares of US Foods in a report on Wednesday, December 18th. They issued a “buy” rating and a $12.00 target price for the company. Barclays increased their price target on shares of US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. StockNews.com cut shares of US Foods from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, Morgan Stanley increased their target price on US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. One equities research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, US Foods currently has a consensus rating of “Buy” and an average price target of $71.09.

US Foods 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.