Interval Partners LP Has $88.12 Million Stock Position in US Foods Holding Corp. (NYSE:USFD)

Interval Partners LP lifted its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 2.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,306,198 shares of the company’s stock after acquiring an additional 31,228 shares during the quarter. US Foods makes up 1.7% of Interval Partners LP’s portfolio, making the stock its 8th biggest position. Interval Partners LP owned 0.56% of US Foods worth $88,116,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jacobs Levy Equity Management Inc. boosted its position in US Foods by 29.8% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 114,958 shares of the company’s stock valued at $7,755,000 after acquiring an additional 26,406 shares in the last quarter. Janus Henderson Group PLC lifted its stake in shares of US Foods by 1.9% in the 4th quarter. Janus Henderson Group PLC now owns 104,259 shares of the company’s stock valued at $7,031,000 after purchasing an additional 1,900 shares during the period. Gotham Asset Management LLC boosted its position in shares of US Foods by 7.2% during the fourth quarter. Gotham Asset Management LLC now owns 120,075 shares of the company’s stock valued at $8,100,000 after purchasing an additional 8,085 shares in the last quarter. Graham Capital Management L.P. purchased a new stake in US Foods in the fourth quarter worth $4,078,000. Finally, Ground Swell Capital LLC bought a new position in US Foods in the fourth quarter worth $243,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Trading Down 0.2 %

Shares of NYSE:USFD opened at $71.64 on Friday. US Foods Holding Corp. has a 1 year low of $50.05 and a 1 year high of $73.19. The stock’s fifty day moving average price is $64.89 and its 200-day moving average price is $67.15. The company has a market cap of $16.51 billion, a P/E ratio of 35.47, a PEG ratio of 1.03 and a beta of 1.35. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71.

US Foods (NYSE:USFD) last issued its earnings results on Thursday, May 8th. The company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by ($0.01). The company had revenue of $9.35 billion during the quarter, compared to analysts’ expectations of $9.42 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.54 EPS. Sell-side analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Analysts Set New Price Targets

USFD has been the topic of a number of research reports. Truist Financial boosted 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. Morgan Stanley boosted their price objective on shares of US Foods from $81.00 to $84.00 and gave the stock an “overweight” rating in a research note on Friday. StockNews.com lowered shares of US Foods from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. UBS Group upped their price target on US Foods from $83.00 to $84.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Guggenheim reiterated a “buy” rating and set a $80.00 price objective on shares of US Foods in a research note on Monday, April 14th. One equities research analyst has rated the stock with a hold rating, eleven 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 price target of $73.00.

Insider Transactions at US Foods

In other US Foods news, Director David W. Bullock bought 4,000 shares of US Foods stock in a transaction on Tuesday, February 18th. The stock was acquired at an average cost of $71.06 per share, with a total value of $284,240.00. Following the completion of the acquisition, the director now owns 4,500 shares in the company, valued at approximately $319,770. This represents a 800.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.60% of the company’s stock.

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.