Atalan Capital Partners LP Sells 483,000 Shares of US Foods Holding Corp. $USFD

Atalan Capital Partners LP reduced its position in shares of US Foods Holding Corp. (NYSE:USFD) by 28.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,190,000 shares of the company’s stock after selling 483,000 shares during the quarter. US Foods accounts for 6.4% of Atalan Capital Partners LP’s investment portfolio, making the stock its 10th biggest holding. Atalan Capital Partners LP owned about 0.54% of US Foods worth $89,631,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. CIBC Bancorp USA Inc. acquired a new position in shares of US Foods in the third quarter worth $40,375,000. Nordea Investment Management AB bought a new stake in US Foods in the fourth quarter worth $4,834,000. DNB Asset Management AS boosted its holdings in US Foods by 42.1% in the third quarter. DNB Asset Management AS now owns 24,410 shares of the company’s stock worth $1,870,000 after purchasing an additional 7,233 shares in the last quarter. TD Asset Management Inc bought a new stake in US Foods in the third quarter worth $1,477,000. Finally, Handelsbanken Fonder AB boosted its holdings in US Foods by 32.0% during the third quarter. Handelsbanken Fonder AB now owns 69,241 shares of the company’s stock valued at $5,305,000 after acquiring an additional 16,800 shares during the period. 98.76% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have issued reports on USFD. Piper Sandler decreased their price target on shares of US Foods from $103.00 to $88.00 and set a “neutral” rating for the company in a report on Monday, June 1st. Weiss Ratings lowered shares of US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, May 1st. JPMorgan Chase & Co. dropped their price target on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. Citigroup dropped their price objective on shares of US Foods from $115.00 to $111.00 and set a “buy” rating for the company in a report on Friday, May 8th. Finally, BTIG Research dropped their price objective on shares of US Foods from $110.00 to $105.00 and set a “buy” rating for the company in a report on Monday, May 11th. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $105.50.

US Foods Price Performance

Shares of USFD stock opened at $93.16 on Wednesday. US Foods Holding Corp. has a 52-week low of $69.88 and a 52-week high of $102.13. The stock has a market cap of $20.52 billion, a PE ratio of 31.37, a PEG ratio of 1.17 and a beta of 0.83. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.70 and a current ratio of 1.14. The firm’s 50 day moving average price is $87.60 and its two-hundred day moving average price is $86.10.

US Foods (NYSE:USFD) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). US Foods had a net margin of 1.71% and a return on equity of 19.37%. The business had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $9.66 billion. During the same period in the previous year, the business posted $0.68 earnings per share. US Foods’s revenue was up 2.8% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, analysts forecast that US Foods Holding Corp. will post 4.41 EPS for the current year.

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.