Wellington Management Group LLP Has $2.35 Billion Stake in US Foods Holding Corp. $USFD

Wellington Management Group LLP boosted its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 46.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 23,009,877 shares of the company’s stock after purchasing an additional 7,259,357 shares during the quarter. Wellington Management Group LLP owned approximately 0.11% of US Foods worth $2,352,760,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of USFD. Keating Financial Advisory Services Inc. bought a new stake in shares of US Foods in the second quarter valued at about $27,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in US Foods during the second quarter worth about $28,000. Measured Wealth Private Client Group LLC acquired a new stake in US Foods during the third quarter valued at approximately $26,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in US Foods during the second quarter valued at approximately $39,000. Finally, Geneos Wealth Management Inc. grew its stake in shares of US Foods by 120.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after purchasing an additional 263 shares during the period. 98.76% of the stock is owned by institutional investors.

US Foods Stock Down 0.4%

Shares of US Foods stock opened at $107.33 on Friday. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.19. US Foods Holding Corp. has a 12 month low of $69.88 and a 12 month high of $111.42. The business has a fifty day simple moving average of $102.50 and a 200 day simple moving average of $94.47. The stock has a market cap of $23.22 billion, a PE ratio of 33.02, a price-to-earnings-growth ratio of 1.37 and a beta of 0.81.

US Foods (NYSE:USFD) last released its earnings results on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.08. US Foods had a return on equity of 20.53% and a net margin of 1.81%.The firm had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.46 billion. During the same quarter in the prior year, the firm posted $1.19 earnings per share. The company’s quarterly revenue was up 4.5% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Research analysts predict that US Foods Holding Corp. will post 4.41 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on USFD shares. Wall Street Zen raised US Foods from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. UBS Group boosted their price target on US Foods from $117.00 to $127.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Wells Fargo & Company boosted their price target on shares of US Foods from $110.00 to $125.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. JPMorgan Chase & Co. reduced their price objective on US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Finally, Morgan Stanley set a $107.00 price target on shares of US Foods in a research note on Friday, August 7th. Eleven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $113.92.

Insider Activity

In other news, insider William Spencer Hancock sold 21,754 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $108.29, for a total value of $2,355,740.66. Following the completion of the sale, the insider directly owned 101,144 shares of the company’s stock, valued at $10,952,883.76. This represents a 17.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Randy J. Taylor sold 11,630 shares of the stock in a transaction that occurred 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 sale, the insider owned 73,618 shares in the company, valued at $8,125,218.66. This represents a 13.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.74% of the stock is currently owned by insiders.

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.