North Dakota State Investment Board acquired a new stake in US Foods Holding Corp. (NYSE:USFD – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 8,085 shares of the company’s stock, valued at approximately $609,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. CIBC Bancorp USA Inc. purchased a new stake in US Foods in the third quarter worth about $40,375,000. CENTRAL TRUST Co increased its position in US Foods by 30,283.3% during the 3rd quarter. CENTRAL TRUST Co now owns 5,469 shares of the company’s stock valued at $419,000 after buying an additional 5,451 shares in the last quarter. Nordea Investment Management AB bought a new position in US Foods during the 4th quarter valued at approximately $4,834,000. TD Asset Management Inc bought a new position in US Foods during the 3rd quarter valued at approximately $1,477,000. Finally, Y Intercept Hong Kong Ltd bought a new position in US Foods during the 3rd quarter valued at approximately $3,599,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.
Analysts Set New Price Targets
Several brokerages have commented on USFD. BMO Capital Markets increased their target price on US Foods from $95.00 to $115.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. UBS Group reaffirmed a “buy” rating and issued a $117.00 target price on shares of US Foods in a report on Friday, February 13th. Piper Sandler cut US Foods from an “overweight” rating to a “neutral” rating and raised their target price for the stock from $85.00 to $103.00 in a report on Friday, February 13th. Barclays boosted their price objective on US Foods from $90.00 to $104.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Finally, Zacks Research downgraded US Foods from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $106.75.
US Foods Stock Up 0.2%
Shares of NYSE:USFD opened at $81.32 on Friday. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.14 and a quick ratio of 0.70. The firm has a market capitalization of $17.91 billion, a PE ratio of 27.38, a price-to-earnings-growth ratio of 1.00 and a beta of 0.90. The business has a 50 day simple moving average of $89.66 and a two-hundred day simple moving average of $84.54. US Foods Holding Corp. has a 1 year low of $69.88 and a 1 year high of $102.13.
US Foods (NYSE:USFD – Get Free Report) last announced its quarterly earnings results 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). The firm had revenue of $9.61 billion during the quarter, compared to analysts’ expectations of $9.66 billion. US Foods had a net margin of 1.71% and a return on equity of 19.37%. The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.68 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities analysts predict that US Foods Holding Corp. will post 4.51 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.
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