Dorsal Capital Management LP Sells 225,000 Shares of US Foods Holding Corp. $USFD

Dorsal Capital Management LP lowered its position in US Foods Holding Corp. (NYSE:USFD) by 8.2% in the third quarter, HoldingsChannel reports. The fund owned 2,525,000 shares of the company’s stock after selling 225,000 shares during the quarter. US Foods accounts for about 5.2% of Dorsal Capital Management LP’s portfolio, making the stock its 9th largest position. Dorsal Capital Management LP’s holdings in US Foods were worth $193,466,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Parkside Financial Bank & Trust grew its position in shares of US Foods by 303.7% during the 3rd quarter. Parkside Financial Bank & Trust now owns 327 shares of the company’s stock valued at $25,000 after acquiring an additional 246 shares during the period. Geneos Wealth Management Inc. raised its holdings in US Foods by 120.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after purchasing an additional 263 shares during the period. First Horizon Corp purchased a new position in US Foods during the third quarter worth approximately $39,000. MAI Capital Management grew its holdings in US Foods by 155.6% in the second quarter. MAI Capital Management now owns 529 shares of the company’s stock valued at $41,000 after purchasing an additional 322 shares during the period. Finally, Quent Capital LLC acquired a new stake in US Foods in the third quarter valued at approximately $43,000. 98.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider James David Works, Jr. sold 65,737 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $96.52, for a total transaction of $6,344,935.24. Following the completion of the sale, the insider owned 88,176 shares of the company’s stock, valued at $8,510,747.52. This represents a 42.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.60% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

USFD has been the subject of several research analyst reports. Barclays upped their target price on US Foods from $90.00 to $104.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Guggenheim boosted their price target on shares of US Foods from $95.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, February 13th. BTIG Research upped their price objective on shares of US Foods from $82.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Citigroup increased their price objective on shares of US Foods from $95.00 to $118.00 and gave the company a “buy” rating in a report on Friday, February 13th. Finally, Wall Street Zen lowered shares of US Foods from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $107.33.

US Foods Stock Performance

NYSE USFD opened at $94.67 on Friday. 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 50 day simple moving average is $88.44 and its 200-day simple moving average is $80.26. The company 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. US Foods Holding Corp. has a 1-year low of $57.36 and a 1-year high of $102.13.

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

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.