Guggenheim reissued their buy rating on shares of US Foods Holding Corp (NASDAQ:USFD) in a report published on Monday morning. Guggenheim currently has a $33.00 target price on the stock, up from their previous target price of $30.00.

Several other analysts have also recently issued reports on the company. Royal Bank of Canada reiterated an outperform rating and set a $32.00 target price on shares of US Foods Holding Corp in a research report on Wednesday, May 10th. Pivotal Research increased their target price on US Foods Holding Corp from $25.00 to $29.00 and gave the stock a hold rating in a research report on Wednesday, May 10th. Zacks Investment Research raised US Foods Holding Corp from a sell rating to a hold rating in a research note on Wednesday, April 19th. Credit Suisse Group AG increased their price target on US Foods Holding Corp from $22.00 to $28.00 and gave the company a focus list rating in a research note on Thursday, April 6th. Finally, BMO Capital Markets increased their price target on US Foods Holding Corp to $29.00 and gave the company a market perform rating in a research note on Tuesday, February 21st. Five investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. US Foods Holding Corp presently has a consensus rating of Buy and an average price target of $29.71.

Analyst Recommendations for US Foods Holding Corp (NASDAQ:USFD)

Shares of US Foods Holding Corp (NASDAQ:USFD) traded up 0.03% during mid-day trading on Monday, hitting $28.63. The stock had a trading volume of 819,509 shares. The stock’s 50-day moving average is $28.04 and its 200 day moving average is $26.51. The company has a market cap of $6.36 billion and a PE ratio of 27.88. US Foods Holding Corp has a 12 month low of $22.19 and a 12 month high of $29.26.

US Foods Holding Corp (NASDAQ:USFD) last released its earnings results on Tuesday, May 9th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by $0.02. The company had revenue of $5.78 billion during the quarter, compared to analysts’ expectations of $5.78 billion. US Foods Holding Corp’s revenue was up 3.3% on a year-over-year basis. On average, equities research analysts forecast that US Foods Holding Corp will post $1.34 earnings per share for the current fiscal year.

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In related news, insider Pietro Satriano sold 89,932 shares of the firm’s stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $28.25, for a total transaction of $2,540,579.00. Following the completion of the sale, the insider now directly owns 164,366 shares of the company’s stock, valued at approximately $4,643,339.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John Anthony Lederer sold 598,950 shares of the firm’s stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $28.25, for a total value of $16,920,337.50. Following the sale, the director now directly owns 504,224 shares of the company’s stock, valued at $14,244,328. The disclosure for this sale can be found here.

Large investors have recently modified their holdings of the company. Pacer Advisors Inc. raised its stake in shares of US Foods Holding Corp by 18.9% in the first quarter. Pacer Advisors Inc. now owns 9,049 shares of the company’s stock worth $253,000 after buying an additional 1,438 shares in the last quarter. Foresters Investment Management Company Inc. raised its stake in shares of US Foods Holding Corp by 0.4% in the first quarter. Foresters Investment Management Company Inc. now owns 527,300 shares of the company’s stock worth $14,754,000 after buying an additional 2,100 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of US Foods Holding Corp during the first quarter worth about $105,000. Dynamic Technology Lab Private Ltd raised its stake in shares of US Foods Holding Corp by 39.7% in the first quarter. Dynamic Technology Lab Private Ltd now owns 14,509 shares of the company’s stock worth $405,000 after buying an additional 4,124 shares in the last quarter. Finally, Great West Life Assurance Co. Can raised its stake in shares of US Foods Holding Corp by 77.3% in the first quarter. Great West Life Assurance Co. Can now owns 10,995 shares of the company’s stock worth $307,000 after buying an additional 4,795 shares in the last quarter.

US Foods Holding Corp Company Profile

US Foods Holding Corp. is a holding company. The Company is a foodservice distributor in the United States. The Company, through US Foods, Inc (USF), markets and primarily distributes fresh, frozen and dry food and non-food products to foodservice customers throughout the United States. These 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.

5 Day Chart for NASDAQ:USFD

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