Mitsubishi UFJ Trust & Banking Corp Sells 9,165 Shares of US Foods Holding Corp. (NYSE:USFD)

Mitsubishi UFJ Trust & Banking Corp decreased its position in US Foods Holding Corp. (NYSE:USFD) by 42.6% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 12,367 shares of the company’s stock after selling 9,165 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in US Foods were worth $834,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of USFD. Retirement Systems of Alabama boosted its holdings in US Foods by 5.4% during the third quarter. Retirement Systems of Alabama now owns 348,979 shares of the company’s stock worth $21,462,000 after purchasing an additional 17,897 shares during the last quarter. State Street Corp boosted its stake in shares of US Foods by 4.7% during the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company’s stock worth $433,299,000 after buying an additional 316,061 shares during the last quarter. EntryPoint Capital LLC bought a new position in shares of US Foods in the 4th quarter valued at about $357,000. Longbow Finance SA acquired a new stake in shares of US Foods in the fourth quarter valued at about $9,001,000. Finally, Avantax Advisory Services Inc. raised its holdings in US Foods by 121.6% during the fourth quarter. Avantax Advisory Services Inc. now owns 11,131 shares of the company’s stock worth $751,000 after acquiring an additional 6,108 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Trading Up 0.8 %

Shares of NYSE:USFD opened at $65.98 on Wednesday. US Foods Holding Corp. has a 12-month low of $49.65 and a 12-month high of $73.19. The business has a 50 day moving average of $68.50 and a 200-day moving average of $66.59. 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 stock has a market cap of $15.20 billion, a PE ratio of 32.66, a P/E/G ratio of 1.03 and a beta of 1.65.

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). The firm 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 1.30% and a return on equity of 15.03%. As a group, equities research analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Wall Street Analysts Forecast Growth

USFD has been the subject of a number of analyst reports. Melius assumed coverage on US Foods in a research note on Wednesday, December 18th. They issued a “buy” rating and a $12.00 price target for the company. Barclays raised their target price on shares of US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Jefferies Financial Group upped their price target on shares of US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. StockNews.com downgraded shares of US Foods from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Finally, Truist Financial upped their target price on shares of US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a report on Friday, February 14th. 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’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $71.09.

Insider Buying and Selling

In other US Foods news, Director David W. Bullock bought 4,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The shares were purchased at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the transaction, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. This trade represents a 800.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.70% of the stock is owned by insiders.

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.