Y Intercept Hong Kong Ltd Sells 13,547 Shares of US Foods Holding Corp. (NYSE:USFD)

Y Intercept Hong Kong Ltd decreased its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 48.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,360 shares of the company’s stock after selling 13,547 shares during the period. Y Intercept Hong Kong Ltd’s holdings in US Foods were worth $969,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Legacy Wealth Asset Management LLC raised its stake in shares of US Foods by 4.0% in the fourth quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company’s stock worth $279,000 after purchasing an additional 160 shares during the last quarter. Bank of Montreal Can raised its stake in shares of US Foods by 0.3% in the third quarter. Bank of Montreal Can now owns 66,848 shares of the company’s stock worth $4,022,000 after purchasing an additional 171 shares during the last quarter. First Horizon Advisors Inc. raised its stake in shares of US Foods by 54.2% in the third quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock worth $35,000 after purchasing an additional 202 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of US Foods by 2.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 8,724 shares of the company’s stock worth $588,000 after purchasing an additional 206 shares during the last quarter. Finally, CIBC Asset Management Inc raised its stake in shares of US Foods by 3.3% in the third quarter. CIBC Asset Management Inc now owns 7,096 shares of the company’s stock worth $436,000 after purchasing an additional 226 shares during the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at US Foods

In other US Foods news, Director David W. Bullock acquired 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was bought 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.70% of the stock is owned by corporate insiders.

US Foods Price Performance

US Foods stock opened at $70.22 on Friday. US Foods Holding Corp. has a one year low of $49.65 and a one year high of $73.19. The business has a fifty day moving average price of $69.32 and a 200-day moving average price of $65.14. 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 has a market capitalization of $16.18 billion, a P/E ratio of 34.76, a PEG ratio of 1.03 and a beta of 1.67.

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

Analyst Ratings Changes

A number of analysts recently commented on USFD shares. Barclays increased their price target on US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Melius started coverage on US Foods in a research report on Wednesday, December 18th. They set a “buy” rating and a $12.00 price target for the company. Truist Financial increased their price target on US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, February 14th. JPMorgan Chase & Co. increased their price target on US Foods from $68.00 to $69.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Finally, UBS Group increased their price target on US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, US Foods currently has a consensus rating of “Buy” and a consensus price target of $70.33.

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.