Arrowstreet Capital Limited Partnership Has $43.15 Million Stock Holdings in US Foods Holding Corp. (NYSE:USFD)

Arrowstreet Capital Limited Partnership lifted its position in US Foods Holding Corp. (NYSE:USFD) by 307.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 639,558 shares of the company’s stock after purchasing an additional 482,461 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.27% of US Foods worth $43,145,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Norges Bank acquired a new position in US Foods in the fourth quarter worth $211,300,000. Artisan Partners Limited Partnership bought a new position in shares of US Foods in the fourth quarter valued at about $171,107,000. Public Sector Pension Investment Board lifted its position in US Foods by 100.2% during the 3rd quarter. Public Sector Pension Investment Board now owns 6,000 shares of the company’s stock worth $369,000 after buying an additional 2,500,000 shares in the last quarter. Wellington Management Group LLP grew its holdings in US Foods by 25.2% during the 3rd quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock worth $744,548,000 after acquiring an additional 2,435,357 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in US Foods in the 4th quarter valued at about $48,611,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on USFD. Barclays increased their price target on shares of US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. StockNews.com lowered US Foods from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Jefferies Financial Group boosted their target price on US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. UBS Group upped their price target on US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, February 14th. Finally, Morgan Stanley boosted their price objective on US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. One equities research analyst has rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, US Foods presently has an average rating of “Buy” and an average target price of $71.09.

Insider Buying and Selling at US Foods

In related news, Director David W. Bullock purchased 4,000 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were purchased at an average price of $71.06 per share, with a total value of $284,240.00. Following the completion of the purchase, the director now owns 4,500 shares in the company, valued at $319,770. This represents a 800.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.70% of the company’s stock.

US Foods Stock Up 0.8 %

Shares of NYSE USFD opened at $65.98 on Wednesday. The firm has a 50 day moving average price of $68.50 and a 200 day moving average price of $66.59. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. The stock has a market cap of $15.20 billion, a P/E ratio of 32.66, a P/E/G ratio of 1.03 and a beta of 1.65. US Foods Holding Corp. has a 52-week low of $49.65 and a 52-week high of $73.19.

US Foods (NYSE:USFD) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.01). The firm had revenue of $9.49 billion during the quarter, compared to analyst estimates of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. Analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current year.

US Foods Profile

US Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.