19,400 Shares in US Foods Holding Corp. $USFD Bought by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp purchased a new stake in US Foods Holding Corp. (NYSE:USFD) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 19,400 shares of the company’s stock, valued at approximately $1,494,000.

A number of other hedge funds also recently made changes to their positions in USFD. Securian Asset Management Inc. boosted its position in shares of US Foods by 0.7% during the 2nd quarter. Securian Asset Management Inc. now owns 17,618 shares of the company’s stock valued at $1,357,000 after acquiring an additional 121 shares in the last quarter. Archer Investment Corp grew its stake in shares of US Foods by 8.8% in the 2nd quarter. Archer Investment Corp now owns 1,850 shares of the company’s stock valued at $142,000 after purchasing an additional 150 shares during the period. SageView Advisory Group LLC raised its holdings in shares of US Foods by 3.9% in the 1st quarter. SageView Advisory Group LLC now owns 4,096 shares of the company’s stock worth $268,000 after buying an additional 153 shares in the last quarter. UMB Bank n.a. lifted its position in shares of US Foods by 7.9% during the 2nd quarter. UMB Bank n.a. now owns 2,644 shares of the company’s stock worth $204,000 after buying an additional 193 shares during the period. Finally, V Square Quantitative Management LLC boosted its stake in US Foods by 58.7% in the 2nd quarter. V Square Quantitative Management LLC now owns 541 shares of the company’s stock valued at $42,000 after buying an additional 200 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Stock Down 0.6%

NYSE:USFD opened at $77.04 on Wednesday. The stock has a market cap of $17.18 billion, a price-to-earnings ratio of 32.10, a PEG ratio of 1.05 and a beta of 1.03. The company has a current ratio of 1.15, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. The stock has a 50-day moving average price of $74.86 and a two-hundred day moving average price of $77.37. US Foods Holding Corp. has a 1 year low of $57.36 and a 1 year high of $85.11.

US Foods (NYSE:USFD) last posted its earnings results on Thursday, November 6th. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.02. The business had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.18 billion. US Foods had a return on equity of 17.71% and a net margin of 1.43%.US Foods’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.85 EPS. As a group, equities analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Sanford C. Bernstein reiterated an “outperform” rating on shares of US Foods in a research note on Friday, November 7th. Wall Street Zen upgraded shares of US Foods from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 28th. Piper Sandler boosted their price objective on shares of US Foods from $77.00 to $85.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 2nd. Guggenheim boosted their target price on US Foods from $80.00 to $88.00 and gave the stock a “buy” rating in a research report on Monday, August 11th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of US Foods in a research note on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $82.00.

Insider Transactions at US Foods

In other US Foods news, insider Steven Guberman sold 58,632 shares of US Foods stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $72.00, for a total value of $4,221,504.00. Following the sale, the insider owned 113,410 shares of the company’s stock, valued at $8,165,520. This trade represents a 34.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.60% 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.