Curi RMB Capital LLC Has $14.10 Million Stock Holdings in US Foods Holding Corp. (NYSE:USFD)

Curi RMB Capital LLC cut its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 2.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 208,985 shares of the company’s stock after selling 6,159 shares during the period. Curi RMB Capital LLC’s holdings in US Foods were worth $14,098,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of USFD. Norges Bank acquired a new position in US Foods during the 4th quarter worth about $211,300,000. Artisan Partners Limited Partnership acquired a new position in shares of US Foods in the fourth quarter worth approximately $171,107,000. Raymond James Financial Inc. acquired a new stake in US Foods during the 4th quarter valued at approximately $48,611,000. Arrowstreet Capital Limited Partnership raised its holdings in US Foods by 307.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 639,558 shares of the company’s stock worth $43,145,000 after purchasing an additional 482,461 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its position in shares of US Foods by 240.4% in the 4th quarter. Renaissance Technologies LLC now owns 612,000 shares of the company’s stock worth $41,286,000 after purchasing an additional 432,200 shares during the period. Institutional investors and hedge funds own 98.76% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on USFD. Truist Financial lifted their target price on shares of US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. UBS Group lifted their price objective on US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. Piper Sandler upped their target price on US Foods from $75.00 to $77.00 and gave the company an “overweight” rating in a research report on Tuesday, February 18th. StockNews.com downgraded US Foods from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Finally, Barclays increased their price target on US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. One analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, US Foods presently has a consensus rating of “Buy” and an average target price of $71.83.

US Foods Price Performance

Shares of NYSE USFD opened at $62.24 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. The firm’s 50-day simple moving average is $66.16 and its 200 day simple moving average is $66.62. The stock has a market cap of $14.35 billion, a price-to-earnings ratio of 30.81, a PEG ratio of 1.03 and a beta of 1.38. US Foods Holding Corp. has a fifty-two week low of $49.71 and a fifty-two week high of $73.19.

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 analysts’ consensus estimates of $0.79 by ($0.01). The business had revenue of $9.49 billion for 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, research analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other US Foods news, Director David W. Bullock bought 4,000 shares of US Foods stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average price of $71.06 per share, with a total value of $284,240.00. Following the acquisition, the director now owns 4,500 shares in the company, valued at approximately $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.70% of the company’s stock.

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.