US Foods Holding Corp. $USFD Shares Sold by Artemis Investment Management LLP

Artemis Investment Management LLP reduced its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 12.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 252,222 shares of the company’s stock after selling 35,701 shares during the period. Artemis Investment Management LLP’s holdings in US Foods were worth $23,257,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Callan Family Office LLC acquired a new position in US Foods during the 2nd quarter valued at about $1,762,000. SaddleRock Capital Management LLC acquired a new stake in US Foods during the second quarter valued at approximately $7,058,000. Fifth Third Bancorp raised its position in shares of US Foods by 2,548.1% during the first quarter. Fifth Third Bancorp now owns 75,392 shares of the company’s stock worth $6,952,000 after purchasing an additional 72,545 shares during the period. BlackRock Inc. acquired a new position in shares of US Foods in the second quarter worth about $2,131,439,000. Finally, Junto Capital Management LP purchased a new stake in shares of US Foods in the second quarter valued at $70,921,000. Institutional investors own 98.76% of the company’s stock.

Insider Transactions at US Foods

In other US Foods news, insider William Spencer Hancock sold 21,754 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the completion of the transaction, the insider owned 101,144 shares in the company, valued at $10,952,883.76. This trade represents a 17.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Randy J. Taylor sold 11,630 shares of the company’s stock in a transaction dated 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 sale, the insider directly owned 73,618 shares in the company, valued at $8,125,218.66. This represents a 13.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.74% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have weighed in on USFD shares. Guggenheim upped their price objective on shares of US Foods from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, August 7th. BMO Capital Markets restated an “outperform” rating and set a $120.00 price target on shares of US Foods in a report on Friday, August 7th. BTIG Research increased their price objective on US Foods from $105.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Zacks Research raised US Foods from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Finally, Weiss Ratings upgraded US Foods from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday, September 22nd. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $114.54.

US Foods Stock Performance

Shares of US Foods stock traded up $1.86 during trading on Thursday, reaching $97.91. The company’s stock had a trading volume of 432,605 shares, compared to its average volume of 2,615,214. The business’s fifty day moving average price is $101.24 and its 200-day moving average price is $95.05. The firm has a market cap of $21.18 billion, a price-to-earnings ratio of 30.13, a price-to-earnings-growth ratio of 1.23 and a beta of 0.86. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.70 and a current ratio of 1.14. US Foods Holding Corp. has a one year low of $69.88 and a one year high of $111.42.

US Foods (NYSE:USFD) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.44 earnings per share (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 for the quarter, compared to analyst estimates of $10.46 billion. During the same period last year, the business posted $1.19 EPS. The business’s quarterly revenue was up 4.5% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, equities research analysts predict that US Foods Holding Corp. will post 4.39 earnings per share for the current year.

US Foods Company Profile

US Foods Holding Corp. is a foodservice distributor serving restaurants, healthcare facilities, hospitality businesses, schools, government institutions and other commercial customers across the United States. Through its distribution network, the company supplies a broad range of food and related products, including fresh produce, meat, seafood, dairy, frozen foods, grocery items, beverages and prepared foods.

In addition to food distribution, US Foods provides nonfood products such as kitchen and serving supplies, disposables, cleaning products and equipment.