Ground Swell Capital LLC Purchases New Holdings in US Foods Holding Corp. (NYSE:USFD)

Ground Swell Capital LLC acquired a new position in US Foods Holding Corp. (NYSE:USFD) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 3,600 shares of the company’s stock, valued at approximately $243,000.

A number of other institutional investors have also recently bought and sold shares of the business. Focus Partners Wealth increased its stake in shares of US Foods by 15.3% during the 4th quarter. Focus Partners Wealth now owns 75,308 shares of the company’s stock worth $5,080,000 after purchasing an additional 9,968 shares during the last quarter. Ethic Inc. increased its position in US Foods by 49.5% in the fourth quarter. Ethic Inc. now owns 43,781 shares of the company’s stock worth $2,953,000 after buying an additional 14,489 shares during the last quarter. FORA Capital LLC bought a new stake in shares of US Foods in the fourth quarter valued at $1,212,000. Deutsche Bank AG grew its stake in shares of US Foods by 79.6% during the 4th quarter. Deutsche Bank AG now owns 152,050 shares of the company’s stock worth $10,257,000 after acquiring an additional 67,399 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in US Foods by 114.4% in the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 177,270 shares of the company’s stock valued at $11,959,000 after acquiring an additional 94,580 shares during the period. Institutional investors own 98.76% of the company’s stock.

Insider Transactions at US Foods

In other US Foods news, Director David W. Bullock bought 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the transaction, the director now directly owns 4,500 shares in the company, valued at $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Truist Financial increased their target price on shares of US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. Morgan Stanley boosted their target price on shares of US Foods from $81.00 to $84.00 and gave the company an “overweight” rating in a report on Friday. Guggenheim reiterated a “buy” rating and set a $80.00 price objective on shares of US Foods in a research note on Monday, April 14th. UBS Group raised their target price on US Foods from $83.00 to $84.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Barclays upped their price target on US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. One analyst has rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, US Foods presently has a consensus rating of “Buy” and a consensus target price of $72.08.

US Foods Stock Performance

NYSE USFD opened at $71.64 on Friday. US Foods Holding Corp. has a 52-week low of $50.05 and a 52-week high of $73.19. The company has a fifty day moving average of $64.82 and a 200-day moving average of $67.05. The company has a market capitalization of $16.51 billion, a P/E ratio of 35.47, a P/E/G ratio of 1.03 and a beta of 1.35. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21.

US Foods (NYSE:USFD) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.01). The firm had revenue of $9.35 billion during the quarter, compared to analysts’ expectations of $9.42 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. US Foods’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 earnings per share. As a group, equities research analysts predict that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

About US Foods

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.