Savoir Faire Capital Management L.P. Has $7.31 Million Holdings in US Foods Holding Corp. $USFD

Savoir Faire Capital Management L.P. lifted its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 544.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 95,341 shares of the company’s stock after acquiring an additional 80,544 shares during the quarter. US Foods comprises approximately 2.6% of Savoir Faire Capital Management L.P.’s holdings, making the stock its 17th largest position. Savoir Faire Capital Management L.P.’s holdings in US Foods were worth $7,305,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in USFD. Securian Asset Management Inc. boosted its position in US Foods by 0.7% during the second quarter. Securian Asset Management Inc. now owns 17,618 shares of the company’s stock worth $1,357,000 after purchasing an additional 121 shares during the period. Archer Investment Corp raised its position in shares of US Foods by 8.8% in the second 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. True Wealth Design LLC lifted its stake in shares of US Foods by 12.2% in the third quarter. True Wealth Design LLC now owns 1,402 shares of the company’s stock worth $107,000 after buying an additional 152 shares during the last quarter. Benjamin Edwards Inc. boosted its holdings in shares of US Foods by 3.3% during the 2nd quarter. Benjamin Edwards Inc. now owns 5,854 shares of the company’s stock worth $451,000 after buying an additional 185 shares during the period. Finally, Suncoast Equity Management boosted its holdings in shares of US Foods by 1.7% during the 3rd quarter. Suncoast Equity Management now owns 11,435 shares of the company’s stock worth $876,000 after buying an additional 190 shares during the period. 98.76% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on USFD. Barclays cut their target price on shares of US Foods from $95.00 to $90.00 and set an “overweight” rating for the company in a research report on Friday, November 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of US Foods in a research note on Monday, December 29th. Guggenheim boosted their price objective on US Foods from $88.00 to $95.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of US Foods in a report on Friday, November 7th. Finally, Wall Street Zen downgraded US Foods from a “strong-buy” rating to a “buy” rating in a research report on Monday, January 19th. Nine research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $89.50.

US Foods Stock Down 0.8%

Shares of USFD stock opened at $81.27 on Monday. US Foods Holding Corp. has a one year low of $57.36 and a one year high of $85.85. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.15 and a quick ratio of 0.70. The stock has a fifty day moving average price of $77.13 and a 200 day moving average price of $77.53. The stock has a market cap of $18.12 billion, a P/E ratio of 33.86, a price-to-earnings-growth ratio of 1.02 and a beta of 1.03.

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

Insider Activity at US Foods

In other news, insider Steven Guberman sold 58,632 shares of the company’s stock in a transaction dated Tuesday, November 11th. The shares were 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 approximately $8,165,520. This represents a 34.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.60% of the company’s stock.

US Foods Company Profile

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.