Tyers Asset Management LLC decreased its holdings in shares of US Foods Holding Corp (NYSE:USFD) by 59.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 44,242 shares of the company’s stock after selling 65,120 shares during the period. Tyers Asset Management LLC’s holdings in US Foods were worth $1,582,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in USFD. Atria Investments LLC acquired a new position in shares of US Foods in the second quarter valued at approximately $305,000. CENTRAL TRUST Co acquired a new stake in shares of US Foods during the 2nd quarter worth about $76,000. Cutler Group LP grew its stake in shares of US Foods by 2,800.0% in the first quarter. Cutler Group LP now owns 2,900 shares of the company’s stock valued at $101,000 after acquiring an additional 2,800 shares in the last quarter. Stevens First Principles Investment Advisors lifted its position in shares of US Foods by 14.3% during the 2nd quarter. Stevens First Principles Investment Advisors now owns 2,925 shares of the company’s stock valued at $105,000 after acquiring an additional 365 shares during the period. Finally, Machina Capital S.A.S. lifted its stake in US Foods by 263.1% during the second quarter. Machina Capital S.A.S. now owns 5,966 shares of the company’s stock worth $213,000 after purchasing an additional 4,323 shares during the last quarter. Institutional investors and hedge funds own 95.62% of the company’s stock.

In other news, insider Keith D. Rohland sold 62,780 shares of the company’s stock in a transaction on Friday, June 14th. The shares were sold at an average price of $36.60, for a total value of $2,297,748.00. Following the sale, the insider now directly owns 82,464 shares of the company’s stock, valued at approximately $3,018,182.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.80% of the stock is currently owned by insiders.

Shares of USFD traded up $1.04 during mid-day trading on Wednesday, reaching $41.69. 117,691 shares of the company were exchanged, compared to its average volume of 1,524,592. The business has a 50 day simple moving average of $38.47 and a two-hundred day simple moving average of $36.52. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.80 and a current ratio of 1.37. The stock has a market capitalization of $8.93 billion, a PE ratio of 20.50, a PEG ratio of 2.20 and a beta of 0.49. US Foods Holding Corp has a 52 week low of $27.51 and a 52 week high of $41.72.

US Foods (NYSE:USFD) last announced its earnings results on Tuesday, August 6th. The company reported $0.64 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.01. US Foods had a return on equity of 14.15% and a net margin of 1.63%. The business had revenue of $6.44 billion for the quarter, compared to analysts’ expectations of $6.36 billion. During the same period in the prior year, the business posted $0.57 earnings per share. The firm’s revenue was up 4.6% on a year-over-year basis. On average, analysts predict that US Foods Holding Corp will post 2.18 EPS for the current year.

Separately, Zacks Investment Research cut US Foods from a “buy” rating to a “hold” rating in a report on Friday, August 9th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $38.40.

US Foods Company Profile

US Foods Holding Corp., through its subsidiary, US Foods, Inc, markets and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States. Its 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.

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Institutional Ownership by Quarter for US Foods (NYSE:USFD)

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