CI Investments Inc. Sells 509,091 Shares of US Foods Holding Corp. $USFD

CI Investments Inc. lowered its holdings in shares of US Foods Holding Corp. (NYSE:USFDFree Report) by 44.8% in the first quarter, Holdings Channel.com reports. The fund owned 626,553 shares of the company’s stock after selling 509,091 shares during the quarter. CI Investments Inc.’s holdings in US Foods were worth $57,774,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Orion Porfolio Solutions LLC grew its holdings in shares of US Foods by 1.4% in the fourth quarter. Orion Porfolio Solutions LLC now owns 7,108 shares of the company’s stock worth $535,000 after purchasing an additional 101 shares during the last quarter. Choreo LLC boosted its position in US Foods by 2.4% in the 4th quarter. Choreo LLC now owns 5,707 shares of the company’s stock valued at $433,000 after buying an additional 133 shares during the period. Crossmark Global Holdings Inc. boosted its position in 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 buying an additional 134 shares during the period. Root Financial Partners LLC boosted its position in 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 buying an additional 154 shares during the period. Finally, Brooklyn Investment Group grew its stake in 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 acquiring an additional 157 shares in the last quarter. Institutional investors own 98.76% of the company’s stock.

Analyst Upgrades and Downgrades

USFD has been the topic of a number of research reports. BTIG Research reduced their target price on shares of US Foods from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. TD Cowen began coverage on US Foods in a report on Tuesday, July 7th. They issued a “buy” rating and a $116.00 price target for the company. Morgan Stanley increased their price objective on US Foods from $94.00 to $103.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 15th. Citigroup reduced their price objective on US Foods from $115.00 to $111.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Finally, Weiss Ratings lowered US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Eleven analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $107.00.

Get Our Latest Stock Report on US Foods

US Foods Trading Down 0.1%

NYSE USFD opened at $94.90 on Wednesday. US Foods Holding Corp. has a one year low of $69.88 and a one year high of $105.17. 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 has a market capitalization of $20.90 billion, a price-to-earnings ratio of 31.95, a price-to-earnings-growth ratio of 1.21 and a beta of 0.79. The company’s 50-day simple moving average is $91.55 and its two-hundred day simple moving average is $89.98.

US Foods (NYSE:USFDGet Free Report) last released 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). The business had revenue of $9.61 billion for the quarter, compared to the consensus estimate of $9.66 billion. US Foods had a net margin of 1.71% and a return on equity of 19.37%. US Foods’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.68 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Equities analysts forecast that US Foods Holding Corp. will post 4.35 EPS for the current fiscal year.

US Foods Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for US Foods (NYSE:USFD)

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