Insider Selling: US Foods (NYSE:USFD) Insider Sells 21,754 Shares of Stock

US Foods Holding Corp. (NYSE:USFDGet Free Report) insider William Spencer Hancock sold 21,754 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $108.29, for a total value of $2,355,740.66. Following the sale, the insider directly owned 101,144 shares in the company, valued at approximately $10,952,883.76. This represents a 17.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

US Foods Stock Performance

US Foods stock traded up $1.91 during mid-day trading on Tuesday, reaching $110.54. The company’s stock had a trading volume of 1,974,668 shares, compared to its average volume of 2,729,956. The firm has a market cap of $23.91 billion, a price-to-earnings ratio of 34.01, a PEG ratio of 1.39 and a beta of 0.81. The business has a 50 day moving average price of $96.97 and a 200-day moving average price of $92.16. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.19. US Foods Holding Corp. has a twelve month low of $69.88 and a twelve month high of $110.63.

US Foods (NYSE:USFDGet Free Report) last issued its earnings results on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.08. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The company had revenue of $10.53 billion for the quarter, compared to analysts’ expectations of $10.46 billion. During the same period in the prior year, the company earned $1.19 earnings per share. The firm’s revenue was up 4.5% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Sell-side analysts predict that US Foods Holding Corp. will post 4.35 EPS for the current fiscal year.

Institutional Investors Weigh In On US Foods

Hedge funds have recently made changes to their positions in the business. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of US Foods by 47.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 107,928 shares of the company’s stock valued at $8,129,000 after purchasing an additional 34,814 shares during the period. Fifth Third Bancorp grew its position in US Foods by 2,548.1% in the 1st quarter. Fifth Third Bancorp now owns 75,392 shares of the company’s stock valued at $6,952,000 after buying an additional 72,545 shares in the last quarter. University of Texas Texas AM Investment Management Co. bought a new position in US Foods in the 4th quarter valued at about $4,221,000. Premier Fund Managers Ltd acquired a new position in US Foods during the 4th quarter valued at about $23,818,000. Finally, Mitsubishi UFJ Trust & Banking Corp increased its stake in US Foods by 239.4% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 38,924 shares of the company’s stock valued at $2,932,000 after buying an additional 27,454 shares during the period. Institutional investors own 98.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on USFD. Wells Fargo & Company raised their target price on shares of US Foods from $110.00 to $125.00 and gave the stock an “overweight” rating in a report on Friday. JPMorgan Chase & Co. lowered their target price on US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. BTIG Research increased their price target on US Foods from $105.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday. UBS Group raised their price target on US Foods from $117.00 to $127.00 and gave the stock a “buy” rating in a report on Friday. Finally, TD Cowen boosted their price objective on US Foods from $116.00 to $119.00 and gave the company a “buy” rating in a research report on Thursday. Eleven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $112.38.

View Our Latest Analysis on USFD

About US Foods

(Get Free Report)

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.

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