US Foods Holding Corp. (NYSE:USFD) Shares Bought by MetLife Investment Management LLC

MetLife Investment Management LLC increased its holdings in US Foods Holding Corp. (NYSE:USFD) by 4.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 131,242 shares of the company’s stock after buying an additional 5,115 shares during the period. MetLife Investment Management LLC’s holdings in US Foods were worth $8,854,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. GeoWealth Management LLC grew its position in shares of US Foods by 94.5% in the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company’s stock valued at $26,000 after purchasing an additional 189 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in US Foods by 59.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $32,000 after buying an additional 178 shares in the last quarter. Legacy Investment Solutions LLC acquired a new stake in US Foods during the 4th quarter valued at $32,000. R Squared Ltd acquired a new position in shares of US Foods in the fourth quarter worth $34,000. Finally, Smartleaf Asset Management LLC lifted its position in shares of US Foods by 50.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 727 shares of the company’s stock valued at $49,000 after acquiring an additional 243 shares in the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at US Foods

In other US Foods news, Director David W. Bullock purchased 4,000 shares of the business’s stock in a transaction that occurred on 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 completion of the purchase, the director now owns 4,500 shares in the company, valued at $319,770. The trade was a 800.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.70% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on the company. StockNews.com cut US Foods from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. UBS Group boosted their price objective on shares of US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, February 14th. Piper Sandler raised their target price on shares of US Foods from $75.00 to $77.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 18th. Truist Financial boosted their price target on US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a report on Friday, February 14th. Finally, Barclays lifted their price objective on US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. One research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $71.83.

US Foods Stock Performance

Shares of USFD stock opened at $61.21 on Tuesday. The company’s fifty day simple moving average is $66.00 and its 200-day simple moving average is $66.70. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06. US Foods Holding Corp. has a 52 week low of $49.91 and a 52 week high of $73.19. The company has a market cap of $14.11 billion, a PE ratio of 30.30, a P/E/G ratio of 1.03 and a beta of 1.38.

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

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.