US Foods Holding Corp. (NYSE:USFD) Holdings Reduced by Kennedy Capital Management LLC

Kennedy Capital Management LLC lowered its position in US Foods Holding Corp. (NYSE:USFD) by 0.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 87,959 shares of the company’s stock after selling 830 shares during the quarter. Kennedy Capital Management LLC’s holdings in US Foods were worth $5,934,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC raised its stake in US Foods by 59.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $32,000 after acquiring an additional 178 shares in the last quarter. R Squared Ltd acquired a new position in shares of US Foods during the fourth quarter valued at $34,000. Smartleaf Asset Management LLC raised its stake in shares of US Foods by 50.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 727 shares of the company’s stock valued at $49,000 after purchasing an additional 243 shares in the last quarter. J.Safra Asset Management Corp lifted its holdings in US Foods by 38.5% in the fourth quarter. J.Safra Asset Management Corp now owns 806 shares of the company’s stock worth $55,000 after purchasing an additional 224 shares during the period. Finally, Versant Capital Management Inc grew its position in US Foods by 112.2% in the 4th quarter. Versant Capital Management Inc now owns 855 shares of the company’s stock valued at $58,000 after buying an additional 452 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Stock Down 0.1 %

US Foods stock opened at $62.53 on Friday. The firm’s 50 day moving average price is $66.97 and its two-hundred day moving average price is $66.62. The firm has a market cap of $14.41 billion, a PE ratio of 30.96, a P/E/G ratio of 1.03 and a beta of 1.38. US Foods Holding Corp. has a twelve month low of $49.65 and a twelve month high of $73.19. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21.

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

Analyst Upgrades and Downgrades

USFD has been the topic of a number of recent analyst reports. Melius Research upgraded shares of US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. StockNews.com cut US Foods from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Morgan Stanley increased their price target on US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a research note on Tuesday, January 21st. Truist Financial boosted their price objective on US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Finally, UBS Group raised their target price on US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, February 14th. One analyst has rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $71.09.

Insider Activity

In other US Foods news, Director David W. Bullock purchased 4,000 shares of the business’s stock in a transaction dated Tuesday, February 18th. The shares were acquired at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the acquisition, the director now owns 4,500 shares of the company’s stock, valued at $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.70% of the stock is owned by corporate insiders.

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.