230,752 Shares in US Foods Holding Corp. $USFD Purchased by OP Asset Management Ltd

OP Asset Management Ltd purchased a new position in US Foods Holding Corp. (NYSE:USFD) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 230,752 shares of the company’s stock, valued at approximately $21,278,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Cidel Asset Management Inc. acquired a new position in shares of US Foods during the 1st quarter valued at about $247,000. Steph & Co. grew its holdings in US Foods by 165.8% in the first quarter. Steph & Co. now owns 1,196 shares of the company’s stock valued at $110,000 after purchasing an additional 746 shares during the period. Krilogy Financial LLC grew its holdings in US Foods by 32.8% in the first quarter. Krilogy Financial LLC now owns 8,587 shares of the company’s stock valued at $771,000 after purchasing an additional 2,120 shares during the period. Robbins Farley acquired a new position in US Foods during the first quarter worth approximately $4,191,000. Finally, Evolve Private Wealth LLC increased its position in US Foods by 33.5% during the first quarter. Evolve Private Wealth LLC now owns 4,021 shares of the company’s stock worth $371,000 after purchasing an additional 1,010 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Trading Up 1.4%

Shares of USFD stock opened at $95.35 on Thursday. The stock has a market cap of $21.00 billion, a price-to-earnings ratio of 32.10, a price-to-earnings-growth ratio of 1.18 and a beta of 0.83. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.16. US Foods Holding Corp. has a fifty-two week low of $69.88 and a fifty-two week high of $102.13. The firm’s 50 day moving average price is $87.89 and its two-hundred day moving average price is $86.79.

US Foods (NYSE:USFD) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.04). US Foods had a return on equity of 19.37% and a net margin of 1.71%.The business had revenue of $9.61 billion for the quarter, compared to analysts’ expectations of $9.66 billion. During the same quarter in the prior year, the firm earned $0.68 earnings per share. US Foods’s quarterly revenue was up 2.8% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, analysts anticipate that US Foods Holding Corp. will post 4.41 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Piper Sandler decreased their price target on shares of US Foods from $103.00 to $88.00 and set a “neutral” rating on the stock in a report on Monday, June 1st. Weiss Ratings downgraded US Foods from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, May 1st. JPMorgan Chase & Co. cut their target price on US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th. BTIG Research reduced their target price on US Foods from $110.00 to $105.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Finally, Citigroup lowered their price target on US Foods from $115.00 to $111.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, US Foods currently has an average rating of “Moderate Buy” and an average target price of $105.50.

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.