US Foods Holding Corp (NASDAQ:USFD) has been assigned a $32.00 target price by analysts at Royal Bank Of Canada in a report issued on Friday. The brokerage presently has a “buy” rating on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 12.72% from the company’s current price.

Several other research firms have also recently weighed in on USFD. Guggenheim reissued a “buy” rating and set a $33.00 price objective (up previously from $30.00) on shares of US Foods Holding Corp in a research report on Monday, May 15th. Zacks Investment Research raised US Foods Holding Corp from a “sell” rating to a “hold” rating in a research report on Wednesday, July 19th. Pivotal Research boosted their price objective on US Foods Holding Corp from $25.00 to $29.00 and gave the stock a “hold” rating in a research report on Wednesday, May 10th. BMO Capital Markets set a $29.00 price objective on US Foods Holding Corp and gave the stock a “hold” rating in a research report on Friday. Finally, Loop Capital started coverage on US Foods Holding Corp in a research report on Monday, May 15th. They set a “hold” rating and a $31.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $30.78.

Shares of US Foods Holding Corp (NASDAQ USFD) traded up 0.67% during midday trading on Friday, reaching $28.39. The company’s stock had a trading volume of 1,207,712 shares. The stock has a market capitalization of $6.31 billion and a P/E ratio of 27.64. US Foods Holding Corp has a 12 month low of $22.19 and a 12 month high of $30.73. The stock’s 50-day moving average is $27.76 and its 200 day moving average is $27.82.

US Foods Holding Corp (NASDAQ:USFD) last posted its quarterly earnings data 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. US Foods Holding Corp had a return on equity of 4.21% and a net margin of 0.46%. The business had revenue of $5.78 billion for the quarter, compared to analyst estimates of $5.78 billion. US Foods Holding Corp’s revenue was up 3.3% on a year-over-year basis. On average, analysts expect that US Foods Holding Corp will post $1.34 earnings per share for the current fiscal year.

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In other news, Director John Anthony Lederer sold 598,950 shares of the company’s 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 sale, the director now directly owns 504,224 shares in the company, valued at approximately $14,244,328. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, major shareholder Usf Co-Investor No. 2 L.P Cdr sold 22,655,559 shares of the company’s stock in a transaction that occurred on Wednesday, May 17th. The shares were sold at an average price of $28.25, for a total value of $640,019,541.75. The disclosure for this sale can be found here. Insiders have sold 23,344,441 shares of company stock worth $659,480,458 over the last 90 days.

Several large investors have recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in US Foods Holding Corp during the first quarter valued at $105,000. Public Employees Retirement Association of Colorado raised its stake in US Foods Holding Corp by 197.3% in the second quarter. Public Employees Retirement Association of Colorado now owns 4,210 shares of the company’s stock valued at $115,000 after buying an additional 2,794 shares in the last quarter. US Bancorp DE raised its stake in US Foods Holding Corp by 205.9% in the second quarter. US Bancorp DE now owns 4,402 shares of the company’s stock valued at $120,000 after buying an additional 2,963 shares in the last quarter. Independent Portfolio Consultants Inc. raised its stake in US Foods Holding Corp by 458.3% in the second quarter. Independent Portfolio Consultants Inc. now owns 6,420 shares of the company’s stock valued at $175,000 after buying an additional 5,270 shares in the last quarter. Finally, UBS Group AG raised its stake in 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 in the last quarter.

About US Foods Holding Corp

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.

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

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