Cookson Peirce & Co. Inc. Has $42.04 Million Holdings in US Foods Holding Corp. $USFD

Cookson Peirce & Co. Inc. decreased its position in shares of US Foods Holding Corp. (NYSE:USFD) by 5.1% in the 2nd quarter, Holdings Channel reports. The firm owned 411,179 shares of the company’s stock after selling 22,266 shares during the quarter. US Foods accounts for about 1.4% of Cookson Peirce & Co. Inc.’s portfolio, making the stock its 18th largest holding. Cookson Peirce & Co. Inc.’s holdings in US Foods were worth $42,043,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Wellington Management Group LLP lifted its holdings in US Foods by 46.1% in the second quarter. Wellington Management Group LLP now owns 23,009,877 shares of the company’s stock valued at $2,352,760,000 after buying an additional 7,259,357 shares during the period. BlackRock Inc. acquired a new stake in shares of US Foods during the 2nd quarter worth approximately $2,131,439,000. Boston Partners increased its stake in shares of US Foods by 0.5% in the 4th quarter. Boston Partners now owns 16,203,880 shares of the company’s stock valued at $1,222,537,000 after acquiring an additional 73,656 shares in the last quarter. Capital World Investors lifted its position in shares of US Foods by 10.3% during the 4th quarter. Capital World Investors now owns 12,862,100 shares of the company’s stock valued at $968,773,000 after acquiring an additional 1,197,360 shares during the period. Finally, Invesco Ltd. boosted its stake in US Foods by 8.6% during the third quarter. Invesco Ltd. now owns 8,164,062 shares of the company’s stock worth $625,530,000 after acquiring an additional 649,950 shares in the last quarter. 98.76% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other US Foods news, insider Randy J. Taylor sold 11,630 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $110.37, for a total transaction of $1,283,603.10. Following the transaction, the insider directly owned 73,618 shares in the company, valued at approximately $8,125,218.66. This trade represents a 13.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider William Spencer Hancock sold 21,754 shares of US Foods stock in a transaction on Friday, August 7th. The stock was sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the transaction, the insider directly owned 101,144 shares in the company, valued at $10,952,883.76. This represents a 17.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.74% of the company’s stock.

US Foods Stock Performance

Shares of USFD stock opened at $107.33 on Friday. The firm has a market capitalization of $23.22 billion, a PE ratio of 33.02, a price-to-earnings-growth ratio of 1.36 and a beta of 0.81. The firm has a fifty day simple moving average of $102.50 and a two-hundred day simple moving average of $94.47. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.19. US Foods Holding Corp. has a 12 month low of $69.88 and a 12 month high of $111.42.

US Foods (NYSE:USFD) last posted its earnings results on Thursday, August 6th. The company reported $1.44 EPS for the quarter, topping the consensus estimate of $1.36 by $0.08. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The company had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.46 billion. During the same period in the previous year, the firm posted $1.19 earnings per share. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Analysts forecast that US Foods Holding Corp. will post 4.41 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

USFD has been the subject of several research analyst reports. UBS Group lifted their price target on shares of US Foods from $117.00 to $127.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Zacks Research upgraded US Foods from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 28th. Morgan Stanley set a $107.00 target price on US Foods in a research note on Friday, August 7th. Guggenheim boosted their target price on US Foods from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $120.00 price target on shares of US Foods in a research note on Friday, August 7th. Eleven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $113.92.

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.