Legal & General Group Plc trimmed its stake in US Foods Holding Corp. (NYSE:USFD – Free Report) by 20.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 386,076 shares of the company’s stock after selling 100,728 shares during the period. Legal & General Group Plc’s holdings in US Foods were worth $29,079,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors also recently bought and sold shares of USFD. CIBC Bancorp USA Inc. acquired a new stake in shares of US Foods during the 3rd quarter valued at about $40,375,000. CENTRAL TRUST Co boosted its position in shares of US Foods by 30,283.3% during the 3rd quarter. CENTRAL TRUST Co now owns 5,469 shares of the company’s stock valued at $419,000 after acquiring an additional 5,451 shares in the last quarter. Nordea Investment Management AB acquired a new stake in shares of US Foods during the 4th quarter valued at about $4,834,000. TD Asset Management Inc acquired a new stake in shares of US Foods during the 3rd quarter valued at about $1,477,000. Finally, AlphaQuest LLC boosted its position in shares of US Foods by 187.9% during the 3rd quarter. AlphaQuest LLC now owns 21,924 shares of the company’s stock valued at $1,680,000 after acquiring an additional 14,309 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several analysts have recently weighed in on the stock. Sanford C. Bernstein reiterated an “outperform” rating and set a $106.00 target price on shares of US Foods in a research report on Friday, February 13th. UBS Group reiterated a “buy” rating and set a $117.00 target price on shares of US Foods in a research report on Friday, February 13th. Citigroup reduced their price target on shares of US Foods from $115.00 to $111.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. BMO Capital Markets boosted their price target on shares of US Foods from $95.00 to $115.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Finally, Deutsche Bank Aktiengesellschaft set a $111.00 price target on shares of US Foods and gave the company a “buy” rating in a research report on Friday, February 13th. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $106.75.
US Foods Price Performance
NYSE:USFD opened at $81.93 on Friday. The firm has a market cap of $18.04 billion, a PE ratio of 27.59, a price-to-earnings-growth ratio of 1.01 and a beta of 0.90. US Foods Holding Corp. has a 12 month low of $69.88 and a 12 month high of $102.13. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.16. The company’s 50-day moving average price is $88.39 and its two-hundred day moving average price is $84.80.
US Foods (NYSE:USFD – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). The firm had revenue of $9.61 billion during the quarter, compared to analyst estimates of $9.66 billion. US Foods had a net margin of 1.71% and a return on equity of 19.37%. US Foods’s quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.68 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities analysts anticipate that US Foods Holding Corp. will post 4.47 EPS for the current fiscal year.
US Foods Profile
US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.
Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.
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