Barclays PLC initiated coverage on shares of US Foods Holding Corp (NASDAQ:USFD) in a research report sent to investors on Monday. The brokerage issued an equal weight rating and a $30.00 price objective on the stock.

A number of other brokerages have also issued reports on USFD. Credit Suisse Group reissued an outperform rating and set a $35.00 target price (up from $32.00) on shares of US Foods Holding Corp in a research note on Wednesday, May 17th. Pivotal Research boosted their target price on shares of US Foods Holding Corp from $25.00 to $29.00 and gave the company a hold rating in a research note on Wednesday, May 10th. Royal Bank Of Canada reissued an outperform rating and set a $32.00 target price on shares of US Foods Holding Corp in a research note on Wednesday, May 10th. Loop Capital began coverage on shares of US Foods Holding Corp in a research note on Monday, May 15th. They set a hold rating and a $31.00 target price for the company. Finally, Guggenheim reissued a buy rating and set a $33.00 target price (up from $30.00) on shares of US Foods Holding Corp in a research note on Monday, May 15th. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. US Foods Holding Corp currently has a consensus rating of Buy and an average target price of $30.91.

US Foods Holding Corp (USFD) opened at 27.08 on Monday. US Foods Holding Corp has a 52 week low of $22.19 and a 52 week high of $30.73. The company has a market cap of $6.06 billion and a P/E ratio of 20.33. The company’s 50-day moving average is $27.58 and its 200-day moving average is $27.89.

US Foods Holding Corp (NASDAQ:USFD) last issued its earnings results on Wednesday, August 9th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.02. The firm had revenue of $6.16 billion during the quarter, compared to analyst estimates of $6.03 billion. US Foods Holding Corp had a net margin of 1.06% and a return on equity of 10.08%. The business’s revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.07) earnings per share. On average, analysts anticipate that US Foods Holding Corp will post $1.35 EPS for the current fiscal year.

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In other US Foods Holding Corp news, insider Keith D. Rohland sold 35,451 shares of the business’s stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of $27.12, for a total value of $961,431.12. Following the completion of the transaction, the insider now directly owns 57,433 shares in the company, valued at $1,557,582.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Institutional investors have recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of US Foods Holding Corp during the first quarter worth approximately $105,000. Public Employees Retirement Association of Colorado increased its position in shares of US Foods Holding Corp by 197.3% in the second quarter. Public Employees Retirement Association of Colorado now owns 4,210 shares of the company’s stock worth $115,000 after buying an additional 2,794 shares in the last quarter. US Bancorp DE increased its position in shares of US Foods Holding Corp by 205.9% in the second quarter. US Bancorp DE now owns 4,402 shares of the company’s stock worth $120,000 after buying an additional 2,963 shares in the last quarter. D.A. Davidson & CO. purchased a new position in shares of US Foods Holding Corp during the second quarter worth approximately $154,000. Finally, Independent Portfolio Consultants Inc. increased its position in shares of US Foods Holding Corp by 458.3% in the second quarter. Independent Portfolio Consultants Inc. now owns 6,420 shares of the company’s stock worth $175,000 after buying an additional 5,270 shares in the last quarter.

About US Foods Holding Corp

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.

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

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