Clearline Capital LP lifted its position in US Foods Holding Corp (NYSE:USFD) by 7.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 658,849 shares of the company’s stock after acquiring an additional 47,811 shares during the quarter. US Foods accounts for approximately 10.9% of Clearline Capital LP’s investment portfolio, making the stock its largest holding. Clearline Capital LP owned approximately 0.29% of US Foods worth $21,037,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Comerica Bank raised its holdings in US Foods by 15.5% in the fourth quarter. Comerica Bank now owns 12,703 shares of the company’s stock worth $423,000 after purchasing an additional 1,700 shares in the last quarter. Brown Advisory Inc. raised its holdings in US Foods by 25.0% in the fourth quarter. Brown Advisory Inc. now owns 10,000 shares of the company’s stock worth $319,000 after purchasing an additional 2,000 shares in the last quarter. Advisor Group Inc. raised its holdings in US Foods by 25.4% in the fourth quarter. Advisor Group Inc. now owns 12,076 shares of the company’s stock worth $386,000 after purchasing an additional 2,443 shares in the last quarter. Twin Tree Management LP raised its holdings in US Foods by 78.4% in the fourth quarter. Twin Tree Management LP now owns 7,357 shares of the company’s stock worth $235,000 after purchasing an additional 3,233 shares in the last quarter. Finally, Strategic Global Advisors LLC raised its holdings in US Foods by 49.7% in the third quarter. Strategic Global Advisors LLC now owns 12,098 shares of the company’s stock worth $323,000 after purchasing an additional 4,016 shares in the last quarter. Hedge funds and other institutional investors own 99.83% of the company’s stock.
A number of equities analysts have commented on the stock. Royal Bank of Canada reiterated a “buy” rating and issued a $38.00 target price on shares of US Foods in a report on Friday, February 2nd. Loop Capital set a $32.00 target price on shares of US Foods and gave the stock a “hold” rating in a report on Wednesday, February 14th. Zacks Investment Research downgraded shares of US Foods from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Pivotal Research set a $33.00 target price on shares of US Foods and gave the stock a “hold” rating in a report on Monday, February 12th. Finally, Barclays downgraded shares of US Foods from an “overweight” rating to an “equal weight” rating and set a $32.00 target price for the company. in a report on Tuesday, January 16th. Six investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. US Foods presently has a consensus rating of “Buy” and an average target price of $35.50.
Shares of US Foods Holding Corp (NYSE USFD) opened at $34.20 on Tuesday. US Foods Holding Corp has a 52 week low of $25.43 and a 52 week high of $35.10. The firm has a market capitalization of $7,770.00 and a PE ratio of 28.50. 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 (NYSE:USFD) last issued its quarterly 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 return on equity of 10.70% and a net margin of 1.84%. The business had revenue of $6 billion for the quarter, compared to analysts’ expectations of $5.92 billion. During the same quarter in the previous year, the firm posted $0.53 EPS. US Foods’s revenue was up 5.6% on a year-over-year basis. research analysts forecast that US Foods Holding Corp will post 1.95 EPS for the current fiscal year.
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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