US Foods Holding Corp. (NYSE:USFD) Shares Bought by Ieq Capital LLC

Ieq Capital LLC raised its holdings in US Foods Holding Corp. (NYSE:USFD) by 454.1% during the fourth quarter, HoldingsChannel reports. The firm owned 79,305 shares of the company’s stock after buying an additional 64,992 shares during the period. Ieq Capital LLC’s holdings in US Foods were worth $5,350,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Alberta Investment Management Corp acquired a new position in US Foods in the fourth quarter valued at $309,000. Global Retirement Partners LLC increased its stake in shares of US Foods by 36.8% during the fourth quarter. Global Retirement Partners LLC now owns 2,889 shares of the company’s stock worth $195,000 after acquiring an additional 777 shares during the period. Venturi Wealth Management LLC increased its stake in shares of US Foods by 126.5% during the fourth quarter. Venturi Wealth Management LLC now owns 1,488 shares of the company’s stock worth $100,000 after acquiring an additional 831 shares during the period. Truist Financial Corp increased its stake in shares of US Foods by 3.6% during the fourth quarter. Truist Financial Corp now owns 30,826 shares of the company’s stock worth $2,080,000 after acquiring an additional 1,083 shares during the period. Finally, CIBC Asset Management Inc increased its stake in shares of US Foods by 5.5% during the fourth quarter. CIBC Asset Management Inc now owns 7,487 shares of the company’s stock worth $505,000 after acquiring an additional 391 shares during the period. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Stock Down 2.1 %

Shares of NYSE USFD opened at $70.13 on Friday. US Foods Holding Corp. has a 12-month low of $49.65 and a 12-month high of $73.19. The company has a market capitalization of $16.16 billion, a PE ratio of 34.72, a price-to-earnings-growth ratio of 1.03 and a beta of 1.67. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. The firm’s 50-day moving average is $69.17 and its two-hundred day moving average is $64.65.

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). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The business had revenue of $9.49 billion during the quarter, compared to analysts’ expectations of $9.47 billion. Equities analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Wall Street Analyst Weigh In

USFD has been the topic of a number of recent analyst reports. Jefferies Financial Group boosted their price target on shares of US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Morgan Stanley boosted their price target on shares of US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 21st. Truist Financial boosted their price target on shares of US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Barclays boosted their price target on shares of US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Finally, Melius assumed coverage on shares of US Foods in a research note on Wednesday, December 18th. They set a “buy” rating and a $12.00 price target on the stock. One research analyst has rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $70.33.

Insider Buying and Selling at US Foods

In other news, Director David W. Bullock acquired 4,000 shares of US Foods stock in a transaction that occurred on Tuesday, February 18th. The shares were acquired 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 of the company’s stock, valued at approximately $319,770. This represents a 800.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.70% of the company’s stock.

US Foods Company 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.