KBC Group NV raised its position in shares of US Foods Holding Corp. (NYSE:USFD – Free Report) by 1,312.9% in the first quarter, Holdings Channel.com reports. The institutional investor owned 85,114 shares of the company’s stock after buying an additional 79,090 shares during the period. KBC Group NV’s holdings in US Foods were worth $7,848,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new position in shares of US Foods in the third quarter worth approximately $26,000. Steph & Co. purchased a new stake in shares of US Foods in the 4th quarter valued at approximately $34,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of US Foods in the 4th quarter valued at approximately $36,000. Geneos Wealth Management Inc. boosted its stake in US Foods by 120.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after purchasing an additional 263 shares during the period. Finally, Caitong International Asset Management Co. Ltd acquired a new position in US Foods in the 3rd quarter worth approximately $49,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
USFD has been the topic of several recent analyst reports. BTIG Research cut 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 note on Monday, May 11th. Morgan Stanley raised their target price on US Foods from $94.00 to $103.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 15th. JPMorgan Chase & Co. lowered their price target on US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, May 14th. Piper Sandler dropped their price target 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, Citigroup reissued a “buy” rating on shares of US Foods in a research note on Wednesday. Eleven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $107.00.
US Foods Trading Up 1.4%
NYSE:USFD opened at $96.04 on Thursday. The stock’s 50 day moving average price is $91.77 and its 200 day moving average price is $90.12. US Foods Holding Corp. has a 52 week low of $69.88 and a 52 week high of $105.17. The company has a market capitalization of $21.15 billion, a P/E ratio of 32.34, a P/E/G ratio of 1.21 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.
US Foods (NYSE:USFD – Get Free Report) last posted its 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 business had revenue of $9.61 billion during the quarter, compared to analyst estimates 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 was up 2.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.68 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, research analysts forecast that US Foods Holding Corp. will post 4.35 EPS 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.
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