Congress Asset Management Co. Sells 10,414 Shares of US Foods Holding Corp. $USFD

Congress Asset Management Co. lessened its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 56.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 8,132 shares of the company’s stock after selling 10,414 shares during the period. Congress Asset Management Co.’s holdings in US Foods were worth $613,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in USFD. SG Americas Securities LLC boosted its position in US Foods by 323.5% during the third quarter. SG Americas Securities LLC now owns 38,515 shares of the company’s stock worth $2,951,000 after purchasing an additional 29,420 shares during the period. CIBC Bancorp USA Inc. bought a new position in shares of US Foods in the third quarter valued at approximately $40,375,000. CENTRAL TRUST Co raised its position in shares of US Foods by 30,283.3% in the third quarter. CENTRAL TRUST Co now owns 5,469 shares of the company’s stock valued at $419,000 after purchasing an additional 5,451 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in shares of US Foods by 55.1% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 48,709 shares of the company’s stock worth $3,732,000 after buying an additional 17,300 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of US Foods in the third quarter worth $3,599,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Stock Performance

NYSE USFD opened at $92.15 on Friday. US Foods Holding Corp. has a twelve month low of $57.36 and a twelve month high of $102.13. The company has a quick ratio of 0.68, a current ratio of 1.16 and a debt-to-equity ratio of 1.18. The stock has a market cap of $20.32 billion, a P/E ratio of 31.34, a PEG ratio of 1.13 and a beta of 0.98. The company’s 50-day simple moving average is $90.71 and its 200 day simple moving average is $81.07.

US Foods (NYSE:USFD) last announced its quarterly earnings results on Thursday, February 12th. The company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. The firm had revenue of $9.80 billion during the quarter, compared to analysts’ expectations of $9.90 billion. US Foods had a net margin of 1.71% and a return on equity of 18.74%. The company’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.84 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, research analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Insider Activity at US Foods

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

Analysts Set New Price Targets

A number of research firms recently issued reports on USFD. Barclays raised their target price on shares of US Foods from $90.00 to $104.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Morgan Stanley set a $94.00 target price on shares of US Foods and gave the stock a “mixed” rating in a research report on Friday, February 13th. Guggenheim upped their price target on shares of US Foods from $95.00 to $115.00 and gave the company a “buy” rating in a report on Friday, February 13th. Piper Sandler downgraded US Foods from an “overweight” rating to a “neutral” rating and raised their price target for the company from $85.00 to $103.00 in a research report on Friday, February 13th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $106.00 price objective on shares of US Foods in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $107.33.

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.