Principal Financial Group Inc. lifted its position in US Foods Holding Corp. (NYSE:USFD – Free Report) by 2.7% in the 1st quarter, HoldingsChannel.com reports. The fund owned 492,288 shares of the company’s stock after buying an additional 12,817 shares during the period. Principal Financial Group Inc.’s holdings in US Foods were worth $45,394,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Orion Porfolio Solutions LLC grew its holdings in US Foods by 1.4% during the 4th quarter. Orion Porfolio Solutions LLC now owns 7,108 shares of the company’s stock worth $535,000 after acquiring an additional 101 shares in the last quarter. Choreo LLC increased its position in US Foods by 2.4% during the 4th quarter. Choreo LLC now owns 5,707 shares of the company’s stock valued at $433,000 after purchasing an additional 133 shares during the period. Crossmark Global Holdings Inc. raised its holdings in shares of US Foods by 0.7% in the 4th quarter. Crossmark Global Holdings Inc. now owns 18,357 shares of the company’s stock valued at $1,383,000 after purchasing an additional 134 shares in the last quarter. Root Financial Partners LLC raised its holdings in shares of US Foods by 22.4% in the 4th quarter. Root Financial Partners LLC now owns 840 shares of the company’s stock valued at $63,000 after purchasing an additional 154 shares in the last quarter. Finally, Brooklyn Investment Group lifted its position in shares of US Foods by 0.9% in the 4th quarter. Brooklyn Investment Group now owns 18,469 shares of the company’s stock worth $1,413,000 after purchasing an additional 157 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research firms have recently issued reports on USFD. Citigroup dropped their price objective on shares of US Foods from $115.00 to $111.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. JPMorgan Chase & Co. lowered their target price on US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. TD Cowen began coverage on US Foods in a research report on Tuesday, July 7th. They set a “buy” rating and a $116.00 target price on the stock. Piper Sandler dropped their target price on US Foods from $103.00 to $88.00 and set a “neutral” rating on the stock in a research report on Monday, June 1st. Finally, Zacks Research downgraded US Foods from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 1st. Eleven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $107.00.
US Foods Stock Down 2.1%
NYSE:USFD opened at $97.04 on Friday. US Foods Holding Corp. has a fifty-two week low of $69.88 and a fifty-two week high of $105.17. The stock has a market capitalization of $21.37 billion, a P/E ratio of 32.67, a P/E/G ratio of 1.27 and a beta of 0.79. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.70 and a current ratio of 1.14. The company’s 50-day simple moving average is $91.10 and its 200-day simple moving average is $89.61.
US Foods (NYSE:USFD – Get Free Report) last issued its quarterly earnings data 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). US Foods had a return on equity of 19.37% and a net margin of 1.71%.The firm had revenue of $9.61 billion during the quarter, compared to analysts’ expectations of $9.66 billion. During the same period in the previous year, the firm earned $0.68 EPS. The firm’s quarterly revenue was up 2.8% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities analysts anticipate that US Foods Holding Corp. will post 4.35 earnings per share for the current fiscal 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.
See Also
- Five stocks we like better than US Foods
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Want to see what other hedge funds are holding USFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for US Foods Holding Corp. (NYSE:USFD – Free Report).
Receive News & Ratings for US Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Foods and related companies with MarketBeat.com's FREE daily email newsletter.
