Reliant Investment Partners LLC Purchases New Shares in US Foods Holding Corp. $USFD

Reliant Investment Partners LLC purchased a new position in US Foods Holding Corp. (NYSE:USFD) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,680 shares of the company’s stock, valued at approximately $822,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Boston Partners boosted its holdings in shares of US Foods by 29.1% during the 1st quarter. Boston Partners now owns 16,457,351 shares of the company’s stock valued at $1,076,225,000 after buying an additional 3,713,345 shares in the last quarter. Wellington Management Group LLP lifted its position in US Foods by 3.7% during the 1st quarter. Wellington Management Group LLP now owns 11,836,323 shares of the company’s stock valued at $774,806,000 after acquiring an additional 426,288 shares during the period. Invesco Ltd. lifted its position in US Foods by 21.8% during the 1st quarter. Invesco Ltd. now owns 7,546,048 shares of the company’s stock valued at $493,964,000 after acquiring an additional 1,350,034 shares during the period. AQR Capital Management LLC boosted its stake in US Foods by 120.3% during the first quarter. AQR Capital Management LLC now owns 2,537,434 shares of the company’s stock worth $162,853,000 after acquiring an additional 1,385,521 shares in the last quarter. Finally, Primecap Management Co. CA grew its holdings in US Foods by 194.6% in the first quarter. Primecap Management Co. CA now owns 1,941,400 shares of the company’s stock worth $127,084,000 after purchasing an additional 1,282,379 shares during the period. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Trading Down 0.1%

US Foods stock opened at $74.22 on Tuesday. US Foods Holding Corp. has a one year low of $57.36 and a one year high of $85.11. The business’s fifty day moving average is $77.00 and its 200 day moving average is $76.04. The stock has a market capitalization of $16.71 billion, a PE ratio of 31.72, a price-to-earnings-growth ratio of 1.04 and a beta of 1.36. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.17 and a quick ratio of 0.73.

US Foods (NYSE:USFD) last issued its earnings results on Thursday, August 7th. The company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.14 by $0.05. The business had revenue of $10.08 billion during the quarter, compared to analyst estimates of $10.17 billion. US Foods had a return on equity of 16.86% and a net margin of 1.43%.US Foods’s revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.93 EPS. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. On average, sell-side analysts predict that US Foods Holding Corp. will post 3.59 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on USFD shares. Morgan Stanley reiterated an “overweight” rating and set a $89.00 target price (up from $84.00) on shares of US Foods in a report on Monday, July 14th. Guggenheim raised their price objective on US Foods from $80.00 to $88.00 and gave the company a “buy” rating in a research report on Monday, August 11th. Wall Street Zen raised US Foods from a “buy” rating to a “strong-buy” rating in a report on Friday, September 5th. Sanford C. Bernstein assumed coverage on US Foods in a research note on Wednesday, October 22nd. They issued an “outperform” rating and a $95.00 target price on the stock. Finally, UBS Group lifted their price target on US Foods from $84.00 to $96.00 and gave the stock a “buy” rating in a research report on Monday, July 28th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $82.42.

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.