US Foods Holding Corp (NASDAQ:USFD) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Saturday.

According to Zacks, “US Foods Holding Corp. is a foodservice distributor. The company serves independent and multi-unit restaurants, healthcare and hospitality entities, government and educational institutions. US Foods Holding Corp. is headquartered in Rosemont, Ill. “

Other equities research analysts have also issued research reports about the company. Guggenheim restated a “buy” rating and set a $33.00 target price (up previously from $30.00) on shares of US Foods Holding Corp in a research report on Monday, May 15th. Loop Capital began coverage on US Foods Holding Corp in a research report on Monday, May 15th. They set a “hold” rating and a $31.00 target price on the stock. Pivotal Research upped their target price on US Foods Holding Corp from $25.00 to $29.00 and gave the company a “hold” rating in a research report on Wednesday, May 10th. Royal Bank of Canada restated a “buy” rating on shares of US Foods Holding Corp in a research report on Tuesday, April 18th. Finally, Credit Suisse Group AG restated an “outperform” rating and set a $35.00 target price (up previously from $32.00) on shares of US Foods Holding Corp in a research report on Wednesday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $29.71.

Analyst Recommendations for US Foods Holding Corp (NASDAQ:USFD)

US Foods Holding Corp (NASDAQ:USFD) opened at 28.60 on Friday. The stock’s 50 day moving average is $28.06 and its 200 day moving average is $26.55. US Foods Holding Corp has a 52-week low of $22.19 and a 52-week high of $29.26. The company has a market cap of $6.35 billion and a price-to-earnings ratio of 27.85.

US Foods Holding Corp (NASDAQ:USFD) last issued its quarterly earnings results on Tuesday, May 9th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.20 by $0.02. The firm had revenue of $5.78 billion during the quarter, compared to the consensus estimate of $5.78 billion. The firm’s revenue was up 3.3% on a year-over-year basis. On average, analysts predict that US Foods Holding Corp will post $1.34 earnings per share for the current fiscal year.

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In other US Foods Holding Corp news, Director John Anthony Lederer sold 598,950 shares of the stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $28.25, for a total value of $16,920,337.50. Following the transaction, the director now owns 504,224 shares in the company, valued at $14,244,328. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Pietro Satriano sold 89,932 shares of the stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $28.25, for a total value of $2,540,579.00. Following the completion of the transaction, the insider now owns 164,366 shares in the company, valued at approximately $4,643,339.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 23,344,441 shares of company stock worth $659,480,458.

A number of hedge funds and other institutional investors have recently made changes to their positions in USFD. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of US Foods Holding Corp during the first quarter valued at about $105,000. Pacer Advisors Inc. purchased a new position in shares of US Foods Holding Corp during the third quarter valued at about $165,000. UBS Group AG raised its position in shares of US Foods Holding Corp by 255.6% in the first quarter. UBS Group AG now owns 7,280 shares of the company’s stock valued at $204,000 after buying an additional 5,233 shares during the last quarter. Marathon Trading Investment Management LLC purchased a new position in shares of US Foods Holding Corp during the first quarter valued at about $218,000. Finally, Teacher Retirement System of Texas purchased a new position in shares of US Foods Holding Corp during the first quarter valued at about $220,000.

US Foods Holding Corp Company Profile

US Foods Holding Corp. is a holding company. The Company is a foodservice distributor in the United States. The Company, through US Foods, Inc (USF), markets and primarily distributes fresh, frozen and dry food and non-food products to foodservice customers throughout the United States. These 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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