Clearfield Capital Management LP Reduces Stake in US Foods Holding Corp. $USFD

Clearfield Capital Management LP lessened its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 18.2% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 252,200 shares of the company’s stock after selling 56,295 shares during the quarter. US Foods comprises about 11.6% of Clearfield Capital Management LP’s portfolio, making the stock its 4th largest holding. Clearfield Capital Management LP owned approximately 0.11% of US Foods worth $19,324,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank acquired a new position in US Foods in the 2nd quarter valued at about $184,413,000. Primecap Management Co. CA lifted its position in US Foods by 84.4% during the second quarter. Primecap Management Co. CA now owns 3,580,710 shares of the company’s stock worth $275,750,000 after acquiring an additional 1,639,310 shares during the last quarter. Wellington Management Group LLP lifted its position in US Foods by 14.2% during the third quarter. Wellington Management Group LLP now owns 12,875,970 shares of the company’s stock worth $986,557,000 after acquiring an additional 1,599,033 shares during the last quarter. Capital World Investors boosted its holdings in shares of US Foods by 11.0% during the third quarter. Capital World Investors now owns 11,664,740 shares of the company’s stock worth $893,752,000 after acquiring an additional 1,155,254 shares during the period. Finally, Boston Partners boosted its holdings in shares of US Foods by 6.0% during the third quarter. Boston Partners now owns 16,130,224 shares of the company’s stock worth $1,235,585,000 after acquiring an additional 908,993 shares during the period. Institutional investors own 98.76% of the company’s stock.

US Foods Price Performance

US Foods stock opened at $94.67 on Friday. The firm has a market cap of $20.88 billion, a PE ratio of 32.20, a price-to-earnings-growth ratio of 1.16 and a beta of 0.98. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.16 and a quick ratio of 0.68. The stock’s fifty day moving average price is $88.44 and its two-hundred day moving average price is $80.26. US Foods Holding Corp. has a one year low of $57.36 and a one year high of $102.13.

US Foods (NYSE:USFD) last issued its quarterly earnings results on Thursday, February 12th. The company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. The company had revenue of $9.80 billion during the quarter, compared to the consensus estimate of $9.90 billion. US Foods had a net margin of 1.71% and a return on equity of 18.74%. The firm’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.84 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, research analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Insiders Place Their Bets

In other US Foods news, insider James David Works, Jr. sold 65,737 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $96.52, for a total value of $6,344,935.24. Following the sale, the insider owned 88,176 shares of the company’s stock, valued at approximately $8,510,747.52. This trade represents a 42.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.60% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft set a $111.00 target price on US Foods and gave the stock a “buy” rating in a research note on Friday, February 13th. BMO Capital Markets boosted their price target on US Foods from $95.00 to $115.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Barclays increased their price objective on US Foods from $90.00 to $104.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Wells Fargo & Company lifted their target price on US Foods from $87.00 to $110.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Finally, Morgan Stanley set a $94.00 target price on shares of US Foods and gave the company a “mixed” rating in a research report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $107.33.

About US Foods

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.