US Foods Holding Corp. $USFD Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lessened its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 18.7% in the first quarter, Holdings Channel.com reports. The fund owned 76,045 shares of the company’s stock after selling 17,461 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in US Foods were worth $6,907,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in USFD. Boston Partners boosted its holdings in shares of US Foods by 0.5% during the fourth quarter. Boston Partners now owns 16,203,880 shares of the company’s stock worth $1,222,537,000 after purchasing an additional 73,656 shares during the period. Wellington Management Group LLP raised its holdings in US Foods by 7.0% during the fourth quarter. Wellington Management Group LLP now owns 13,780,526 shares of the company’s stock valued at $1,037,949,000 after buying an additional 904,556 shares in the last quarter. Capital World Investors raised its stake in shares of US Foods by 10.3% in the 4th quarter. Capital World Investors now owns 12,862,100 shares of the company’s stock valued at $968,773,000 after acquiring an additional 1,197,360 shares in the last quarter. Invesco Ltd. raised its position in shares of US Foods by 8.6% in the third quarter. Invesco Ltd. now owns 8,164,062 shares of the company’s stock valued at $625,530,000 after purchasing an additional 649,950 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its position in US Foods by 412.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,165,611 shares of the company’s stock worth $313,755,000 after acquiring an additional 3,353,396 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on USFD. BTIG Research cut their price target on US Foods from $110.00 to $105.00 and set a “buy” rating for the company in a report on Monday, May 11th. Wall Street Zen downgraded US Foods from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. TD Cowen began coverage on shares of US Foods in a report on Tuesday, July 7th. They issued a “buy” rating and a $116.00 target price on the stock. JPMorgan Chase & Co. decreased their price target on US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th. Finally, Citigroup restated a “buy” rating on shares of US Foods in a research report on Wednesday. Eleven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $107.00.

US Foods Stock Performance

Shares of US Foods stock opened at $95.46 on Friday. US Foods Holding Corp. has a 12 month low of $69.88 and a 12 month high of $105.17. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $21.02 billion, a PE ratio of 32.14, a PEG ratio of 1.23 and a beta of 0.79. The stock’s fifty day simple moving average is $92.00 and its 200 day simple moving average is $90.27.

US Foods (NYSE:USFD) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.04). The business had revenue of $9.61 billion during the quarter, compared to analyst estimates of $9.66 billion. US Foods had a net margin of 1.71% and a return on equity of 19.37%. US Foods’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.68 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, research analysts predict that US Foods Holding Corp. will post 4.35 EPS for the current year.

US Foods Company 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.