Capstone Investment Advisors LLC Boosts Stock Position in US Foods Holding Corp. (NYSE:USFD)

Capstone Investment Advisors LLC grew its holdings in US Foods Holding Corp. (NYSE:USFD) by 45.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,027 shares of the company’s stock after purchasing an additional 1,877 shares during the period. Capstone Investment Advisors LLC’s holdings in US Foods were worth $407,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Boston Partners boosted its stake in shares of US Foods by 0.6% during the fourth quarter. Boston Partners now owns 12,744,006 shares of the company’s stock valued at $860,460,000 after purchasing an additional 77,012 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of US Foods by 7.3% in the 4th quarter. JPMorgan Chase & Co. now owns 4,304,310 shares of the company’s stock valued at $290,369,000 after acquiring an additional 292,404 shares during the period. Norges Bank bought a new position in shares of US Foods in the 4th quarter worth $211,300,000. Artisan Partners Limited Partnership purchased a new stake in shares of US Foods during the 4th quarter worth $171,107,000. Finally, Ameriprise Financial Inc. boosted its position in US Foods by 1.7% during the fourth quarter. Ameriprise Financial Inc. now owns 2,136,356 shares of the company’s stock valued at $144,119,000 after purchasing an additional 36,307 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director David W. Bullock purchased 4,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The shares were bought at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the completion of the purchase, the director now directly owns 4,500 shares of the company’s stock, valued at approximately $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.60% of the stock is currently owned by insiders.

US Foods Stock Down 2.1 %

Shares of NYSE USFD opened at $66.97 on Wednesday. The stock has a market cap of $15.44 billion, a PE ratio of 33.15, a P/E/G ratio of 1.03 and a beta of 1.35. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06. US Foods Holding Corp. has a 12-month low of $50.05 and a 12-month high of $73.19. The company has a 50-day moving average of $64.90 and a 200 day moving average of $66.96.

US Foods (NYSE:USFD) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.01). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The company had revenue of $9.49 billion for the quarter, compared to analysts’ expectations of $9.47 billion. As a group, sell-side analysts predict that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Analysts Set New Price Targets

USFD has been the topic of a number of recent analyst reports. UBS Group raised their price target on shares of US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a report on Friday, February 14th. Guggenheim restated a “buy” rating and issued a $80.00 target price on shares of US Foods in a research note on Monday, April 14th. Morgan Stanley upped their price target on US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. StockNews.com downgraded US Foods from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. Finally, Barclays increased their price target on US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. One research analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $71.83.

US Foods Profile

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.