Man Group plc Makes New $1.85 Million Investment in US Foods Holding Corp. $USFD

Man Group plc purchased a new position in shares of US Foods Holding Corp. (NYSE:USFD) in the second quarter, Holdings Channel.com reports. The firm purchased 18,112 shares of the company’s stock, valued at approximately $1,852,000.

Several other institutional investors have also made changes to their positions in USFD. Keating Financial Advisory Services Inc. acquired a new position in US Foods in the second quarter worth approximately $27,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in US Foods during the second quarter valued at approximately $28,000. Measured Wealth Private Client Group LLC acquired a new stake in US Foods in the third quarter valued at approximately $26,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in US Foods in the second quarter valued at approximately $39,000. Finally, Geneos Wealth Management Inc. grew its position in US Foods by 120.1% in the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after acquiring an additional 263 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other US Foods news, insider Randy J. Taylor sold 11,630 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $110.37, for a total transaction of $1,283,603.10. Following the completion of the transaction, the insider owned 73,618 shares of the company’s stock, valued at $8,125,218.66. The trade was a 13.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider William Spencer Hancock sold 21,754 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the sale, the insider owned 101,144 shares of the company’s stock, valued at $10,952,883.76. This trade represents a 17.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.74% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently commented on USFD shares. Wall Street Zen upgraded shares of US Foods from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Morgan Stanley set a $107.00 price objective on shares of US Foods in a report on Friday, August 7th. TD Cowen increased their target price on shares of US Foods from $116.00 to $119.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. BTIG Research raised their target price on US Foods from $105.00 to $120.00 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, UBS Group boosted their price target on US Foods from $117.00 to $127.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Eleven investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $113.92.

US Foods Trading Up 1.6%

Shares of USFD stock opened at $106.53 on Wednesday. US Foods Holding Corp. has a 12 month low of $69.88 and a 12 month high of $111.42. The company has a market cap of $23.05 billion, a PE ratio of 32.78, a price-to-earnings-growth ratio of 1.33 and a beta of 0.81. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.19. The business’s 50 day moving average is $102.99 and its two-hundred day moving average is $94.72.

US Foods (NYSE:USFD) last issued its quarterly earnings data 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. The business had revenue of $10.53 billion during the quarter, compared to analysts’ expectations of $10.46 billion. US Foods had a net margin of 1.81% and a return on equity of 20.53%. US Foods’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.19 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Equities analysts predict that US Foods Holding Corp. will post 4.41 EPS for the current 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.