OP Asset Management Ltd Acquires Shares of 230,752 US Foods Holding Corp. $USFD

OP Asset Management Ltd acquired a new stake in US Foods Holding Corp. (NYSE:USFD) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 230,752 shares of the company’s stock, valued at approximately $21,278,000. OP Asset Management Ltd owned 0.10% of US Foods at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Boston Partners raised its holdings in shares of US Foods by 0.5% in the fourth quarter. Boston Partners now owns 16,203,880 shares of the company’s stock valued at $1,222,537,000 after buying an additional 73,656 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of US Foods by 7.0% during the fourth quarter. Wellington Management Group LLP now owns 13,780,526 shares of the company’s stock worth $1,037,949,000 after purchasing an additional 904,556 shares during the last quarter. Capital World Investors lifted its holdings in shares of US Foods by 10.3% during the fourth quarter. Capital World Investors now owns 12,862,100 shares of the company’s stock worth $968,773,000 after purchasing an additional 1,197,360 shares during the period. Invesco Ltd. lifted its holdings in shares of 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 purchasing an additional 649,950 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its position in US Foods by 412.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,165,611 shares of the company’s stock valued at $313,755,000 after buying an additional 3,353,396 shares during the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently commented on USFD. Weiss Ratings cut shares of US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. dropped their price target on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Piper Sandler reduced their price objective on shares of US Foods from $103.00 to $88.00 and set a “neutral” rating for the company in a research report on Monday, June 1st. Zacks Research downgraded shares of US Foods from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Finally, BTIG Research dropped their target price on US Foods from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, US Foods has an average rating of “Moderate Buy” and a consensus price target of $105.50.

US Foods Price Performance

US Foods stock opened at $95.35 on Thursday. The stock has a market capitalization of $21.00 billion, a P/E ratio of 32.10, a P/E/G ratio of 1.18 and a beta of 0.83. US Foods Holding Corp. has a 12-month low of $69.88 and a 12-month high of $102.13. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.14 and a quick ratio of 0.70. The firm’s 50-day moving average is $87.89 and its two-hundred day moving average is $86.79.

US Foods (NYSE:USFD) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.78 earnings per share 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%. The business’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.68 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Equities analysts predict that US Foods Holding Corp. will post 4.41 earnings per share for the current 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.