Sapience Investments LLC lifted its position in shares of US Foods Holding Corp (NYSE:USFD) by 26.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 65,900 shares of the company’s stock after purchasing an additional 13,980 shares during the period. Sapience Investments LLC’s holdings in US Foods were worth $2,104,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Financial Gravity Companies Inc. purchased a new stake in US Foods in the fourth quarter worth about $132,000. Cerebellum GP LLC purchased a new stake in US Foods in the fourth quarter worth about $135,000. American International Group Inc. purchased a new stake in US Foods in the fourth quarter worth about $137,000. Tower Research Capital LLC TRC lifted its holdings in US Foods by 2,909.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,139 shares of the company’s stock worth $196,000 after buying an additional 5,935 shares during the period. Finally, Brown Advisory Inc. purchased a new stake in US Foods in the third quarter worth about $214,000. Institutional investors own 99.83% of the company’s stock.
Several brokerages have commented on USFD. Zacks Investment Research lowered shares of US Foods from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Guggenheim restated a “buy” rating and issued a $40.00 price objective on shares of US Foods in a report on Sunday, January 28th. Pivotal Research set a $33.00 price objective on shares of US Foods and gave the stock a “hold” rating in a report on Monday, February 12th. Royal Bank of Canada restated a “buy” rating and issued a $38.00 price objective on shares of US Foods in a report on Friday, February 2nd. Finally, BMO Capital Markets set a $37.00 price objective on shares of US Foods and gave the stock a “hold” rating in a report on Thursday, February 15th. Six equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. US Foods has an average rating of “Buy” and an average target price of $35.50.
US Foods (NYSE:USFD) last announced its earnings results on Thursday, February 15th. The company reported $0.33 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.03). US Foods had a net margin of 1.84% and a return on equity of 10.70%. The business had revenue of $6 billion for the quarter, compared to the consensus estimate of $5.92 billion. During the same period in the prior year, the business posted $0.53 EPS. US Foods’s revenue for the quarter was up 5.6% on a year-over-year basis. equities research analysts expect that US Foods Holding Corp will post 1.95 EPS for the current fiscal year.
In related news, Director John Anthony Lederer sold 305,562 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $33.20, for a total transaction of $10,144,658.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider David A. Rickard sold 17,176 shares of the firm’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $32.44, for a total transaction 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. Insiders own 1.56% of the company’s stock.
US Foods 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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