US Foods Holding Corp (NASDAQ:USFD) has earned an average recommendation of “Buy” from the eleven brokerages that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $30.88.

USFD has been the topic of several research analyst reports. Royal Bank Of Canada set a $32.00 price target on shares of US Foods Holding Corp and gave the company a “buy” rating in a report on Friday, August 4th. Guggenheim reissued a “buy” rating and issued a $33.00 price target (up from $30.00) on shares of US Foods Holding Corp in a report on Monday, May 15th. Wells Fargo & Company reissued a “buy” rating on shares of US Foods Holding Corp in a report on Wednesday, August 9th. Deutsche Bank AG reissued a “buy” rating and issued a $33.00 price target on shares of US Foods Holding Corp in a report on Thursday, August 10th. Finally, Loop Capital initiated coverage on shares of US Foods Holding Corp in a report on Monday, May 15th. They issued a “hold” rating and a $31.00 price target on the stock.

In other news, Director John Anthony Lederer sold 598,950 shares of the firm’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 transaction of $16,920,337.50. Following the transaction, the director now directly owns 504,224 shares of the company’s stock, valued at $14,244,328. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Pietro Satriano sold 89,932 shares of the firm’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 transaction of $2,540,579.00. Following the transaction, the insider now directly owns 164,366 shares in the company, valued at $4,643,339.50. 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 ninety days.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. FMR LLC raised its stake in US Foods Holding Corp by 120.1% in the first quarter. FMR LLC now owns 16,128,349 shares of the company’s stock valued at $451,271,000 after buying an additional 8,801,856 shares in the last quarter. Vanguard Group Inc. raised its stake in US Foods Holding Corp by 58.5% in the second quarter. Vanguard Group Inc. now owns 11,969,560 shares of the company’s stock valued at $325,811,000 after buying an additional 4,416,504 shares in the last quarter. Samlyn Capital LLC raised its stake in US Foods Holding Corp by 238.4% in the second quarter. Samlyn Capital LLC now owns 4,509,759 shares of the company’s stock valued at $122,755,000 after buying an additional 3,176,959 shares in the last quarter. BlackRock Inc. raised its stake in US Foods Holding Corp by 2,703.9% in the first quarter. BlackRock Inc. now owns 3,153,795 shares of the company’s stock valued at $88,245,000 after buying an additional 3,041,315 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in US Foods Holding Corp by 1,232.3% in the first quarter. Bank of New York Mellon Corp now owns 2,349,118 shares of the company’s stock valued at $65,729,000 after buying an additional 2,172,804 shares in the last quarter.

ILLEGAL ACTIVITY WARNING: This article was first posted by American Banking News and is owned by of American Banking News. If you are accessing this article on another website, it was illegally stolen and reposted in violation of United States and international copyright and trademark law. The correct version of this article can be accessed at https://www.americanbankingnews.com/2017/08/15/us-foods-holding-corp-usfd-given-average-recommendation-of-buy-by-brokerages.html.

Shares of US Foods Holding Corp (NASDAQ:USFD) traded up 0.60% during trading on Tuesday, reaching $26.93. The company had a trading volume of 1,111,475 shares. The firm has a 50 day moving average price of $27.60 and a 200 day moving average price of $27.91. US Foods Holding Corp has a 12 month low of $22.19 and a 12 month high of $30.73. The company has a market cap of $6.03 billion and a price-to-earnings ratio of 20.22.

US Foods Holding Corp (NASDAQ:USFD) last released its quarterly earnings results on Wednesday, August 9th. The company reported $0.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.02. The firm had revenue of $6.16 billion for the quarter, compared to analysts’ expectations of $6.03 billion. US Foods Holding Corp had a net margin of 0.46% and a return on equity of 4.21%. The business’s revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.07) EPS. Analysts predict that US Foods Holding Corp will post $1.35 earnings per share for the current year.

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)

Receive News & Ratings for US Foods Holding Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Foods Holding Corp and related companies with MarketBeat.com's FREE daily email newsletter.