Stone Ridge Asset Management LLC purchased a new stake in US Foods Holding Corp (NYSE:USFD) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 97,866 shares of the company’s stock, valued at approximately $3,125,000.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Financial Gravity Companies Inc. bought a new stake in shares of US Foods in the 4th quarter valued at approximately $132,000. Cerebellum GP LLC bought a new stake in shares of US Foods in the 4th quarter valued at approximately $135,000. American International Group Inc. bought a new stake in shares of US Foods in the 4th quarter valued at approximately $137,000. Tower Research Capital LLC TRC grew its stake in shares of US Foods by 2,909.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 6,139 shares of the company’s stock valued at $196,000 after buying an additional 5,935 shares in the last quarter. Finally, ETRADE Capital Management LLC bought a new stake in shares of US Foods in the 4th quarter valued at approximately $214,000. 99.83% of the stock is owned by institutional investors and hedge funds.
In other US Foods news, Director John Anthony Lederer sold 305,562 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $33.20, for a total transaction of $10,144,658.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider David A. Rickard sold 17,176 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $32.44, for a total value of $557,189.44. Following the sale, the insider now directly owns 30,106 shares of the company’s stock, valued at approximately $976,638.64. The disclosure for this sale can be found here. Insiders have sold 584,724 shares of company stock valued at $19,376,619 in the last ninety days. Company insiders own 1.56% of the company’s stock.
Shares of US Foods Holding Corp (USFD) opened at $34.66 on Monday. The stock has a market capitalization of $7,456.98, a P/E ratio of 27.08, a price-to-earnings-growth ratio of 0.94 and a beta of 0.43. The company has a current ratio of 1.41, a quick ratio of 0.80 and a debt-to-equity ratio of 1.33. US Foods Holding Corp has a 12-month low of $25.43 and a 12-month high of $34.69.
US Foods (NYSE:USFD) last announced its earnings results on Thursday, February 15th. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.03). The company had revenue of $6 billion for the quarter, compared to the consensus estimate of $5.92 billion. US Foods had a return on equity of 10.70% and a net margin of 1.84%. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.53 EPS. equities analysts forecast that US Foods Holding Corp will post 1.95 EPS for the current fiscal year.
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US Foods 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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