Blueshift Asset Management LLC Has $336,000 Holdings in US Foods Holding Corp. $USFD

Blueshift Asset Management LLC lowered its position in US Foods Holding Corp. (NYSE:USFD) by 85.1% during the second quarter, Holdings Channel reports. The firm owned 4,361 shares of the company’s stock after selling 24,901 shares during the period. Blueshift Asset Management LLC’s holdings in US Foods were worth $336,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Boston Partners raised its stake in US Foods by 29.1% during the first quarter. Boston Partners now owns 16,457,351 shares of the company’s stock worth $1,076,225,000 after buying an additional 3,713,345 shares during the last quarter. Wellington Management Group LLP raised its position in shares of US Foods by 3.7% in the 1st quarter. Wellington Management Group LLP now owns 11,836,323 shares of the company’s stock worth $774,806,000 after acquiring an additional 426,288 shares in the last quarter. Invesco Ltd. raised its position in shares of US Foods by 21.8% in the 1st quarter. Invesco Ltd. now owns 7,546,048 shares of the company’s stock worth $493,964,000 after acquiring an additional 1,350,034 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of US Foods by 2.7% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,134,905 shares of the company’s stock valued at $472,449,000 after purchasing an additional 161,749 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of US Foods by 1.3% during the 2nd quarter. Geode Capital Management LLC now owns 3,986,397 shares of the company’s stock valued at $307,044,000 after purchasing an additional 52,361 shares in the last quarter. 98.76% of the stock is owned by institutional investors.

Insider Transactions at US Foods

In related news, insider Steven Guberman sold 58,632 shares of the stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $72.00, for a total value of $4,221,504.00. Following the completion of the sale, the insider directly owned 113,410 shares of the company’s stock, valued at approximately $8,165,520. This represents a 34.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.60% of the company’s stock.

US Foods Trading Down 1.8%

USFD opened at $75.64 on Thursday. US Foods Holding Corp. has a fifty-two week low of $57.36 and a fifty-two week high of $85.11. The firm has a market capitalization of $16.86 billion, a PE ratio of 31.52, a P/E/G ratio of 1.04 and a beta of 1.03. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.15 and a quick ratio of 0.70. The company’s 50-day moving average is $74.83 and its 200 day moving average is $77.35.

US Foods (NYSE:USFD) last issued its quarterly earnings data on Thursday, November 6th. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.02. US Foods had a return on equity of 17.71% and a net margin of 1.43%.The firm had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.18 billion. During the same period in the previous year, the company posted $0.85 EPS. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. As a group, research analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

USFD has been the subject of a number of research analyst reports. Sanford C. Bernstein reiterated an “outperform” rating on shares of US Foods in a report on Friday, November 7th. Guggenheim lifted their price objective on shares of US Foods from $80.00 to $88.00 and gave the company a “buy” rating in a research note on Monday, August 11th. Barclays cut their target price on shares of US Foods from $95.00 to $90.00 and set an “overweight” rating on the stock in a research note on Friday, November 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of US Foods in a research note on Monday. Finally, Wall Street Zen upgraded shares of US Foods from a “buy” rating to a “strong-buy” rating in a report on Friday, November 28th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $82.00.

About US Foods

US Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's 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.