Citigroup Inc. Acquires 243,539 Shares of US Foods Holding Corp. $USFD

Citigroup Inc. increased its stake in US Foods Holding Corp. (NYSE:USFD) by 50.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 722,175 shares of the company’s stock after purchasing an additional 243,539 shares during the period. Citigroup Inc.’s holdings in US Foods were worth $55,333,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Royal Bank of Canada increased its holdings in shares of US Foods by 85.8% in the 1st quarter. Royal Bank of Canada now owns 148,512 shares of the company’s stock worth $9,722,000 after buying an additional 68,567 shares during the last quarter. Empowered Funds LLC purchased a new position in US Foods in the first quarter worth $359,000. Sivia Capital Partners LLC purchased a new position in US Foods in the second quarter worth $526,000. DekaBank Deutsche Girozentrale increased its stake in US Foods by 122.7% in the second quarter. DekaBank Deutsche Girozentrale now owns 3,389 shares of the company’s stock valued at $261,000 after acquiring an additional 1,867 shares during the last quarter. Finally, AlphaQuest LLC raised its position in US Foods by 201.0% during the second quarter. AlphaQuest LLC now owns 7,615 shares of the company’s stock valued at $586,000 after purchasing an additional 5,085 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors.

US Foods Price Performance

USFD opened at $96.03 on Tuesday. US Foods Holding Corp. has a 12-month low of $57.36 and a 12-month high of $102.13. The company has a market cap of $21.18 billion, a price-to-earnings ratio of 32.66, a price-to-earnings-growth ratio of 1.18 and a beta of 1.02. The stock has a fifty day simple moving average of $83.64 and a two-hundred day simple moving average of $78.74. The company has a current ratio of 1.16, a quick ratio of 0.68 and a debt-to-equity ratio of 1.18.

US Foods (NYSE:USFD) last released its earnings results on Thursday, February 12th. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $1.01 by $0.03. The business had revenue of $9.80 billion for the quarter, compared to the consensus estimate of $9.90 billion. US Foods had a return on equity of 18.74% and a net margin of 1.71%.The company’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.84 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Research analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently issued reports on USFD. Weiss Ratings reiterated a “buy (b)” rating on shares of US Foods in a report on Monday, December 29th. Barclays boosted their target price on US Foods from $90.00 to $104.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Sanford C. Bernstein reiterated an “outperform” rating and set a $106.00 price target on shares of US Foods in a research report on Friday, February 13th. Citigroup lifted their price target on shares of US Foods from $95.00 to $118.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Finally, BMO Capital Markets upped their price objective on shares of US Foods from $95.00 to $115.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $107.33.

Insider Buying and Selling at US Foods

In related news, insider James David Works, Jr. sold 65,737 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $96.52, for a total value of $6,344,935.24. Following the completion of the transaction, the insider directly owned 88,176 shares in the company, valued at $8,510,747.52. The trade was a 42.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.60% of the stock is owned by company insiders.

US Foods Profile

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.