Deutsche Bank AG purchased a new position in US Foods Holding Corp. (NYSE:USFD – Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,382,823 shares of the company’s stock, valued at approximately $141,394,000.
Other institutional investors also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC acquired a new stake in US Foods during the 3rd quarter valued at approximately $26,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of US Foods in the 4th quarter valued at $36,000. Geneos Wealth Management Inc. increased its stake in shares of US Foods by 120.1% in the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after acquiring an additional 263 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of US Foods in the second quarter worth $39,000. Finally, Western Wealth Management LLC acquired a new stake in shares of US Foods in the first quarter worth $46,000. 98.76% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research firms recently issued reports on USFD. Morgan Stanley set a $107.00 target price on shares of US Foods in a research report on Friday, August 7th. Piper Sandler increased their price target on US Foods from $88.00 to $108.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 12th. BTIG Research increased their price target on US Foods from $105.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of US Foods in a research note on Wednesday, July 29th. Finally, Wall Street Zen raised US Foods from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $113.92.
Insider Buying and Selling at US Foods
In other news, insider Randy J. Taylor sold 11,630 shares of the stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $110.37, for a total transaction of $1,283,603.10. Following the sale, the insider directly owned 73,618 shares of the company’s stock, valued at $8,125,218.66. This represents a 13.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider William Spencer Hancock sold 21,754 shares of the stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the sale, the insider directly owned 101,144 shares in the company, valued at approximately $10,952,883.76. The trade was a 17.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.74% of the stock is currently owned by company insiders.
US Foods Price Performance
Shares of NYSE USFD opened at $107.66 on Thursday. The stock has a market capitalization of $23.29 billion, a price-to-earnings ratio of 33.13, a PEG ratio of 1.38 and a beta of 0.81. US Foods Holding Corp. has a 12 month low of $69.88 and a 12 month high of $111.42. The firm’s 50 day simple moving average is $100.30 and its 200-day simple moving average is $93.46. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.14 and a quick ratio of 0.70.
US Foods (NYSE:USFD – Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.08. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The firm had revenue of $10.53 billion during the quarter, compared to analysts’ expectations of $10.46 billion. During the same period in the previous year, the business posted $1.19 EPS. The business’s revenue was up 4.5% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Analysts expect that US Foods Holding Corp. will post 4.35 EPS for the current year.
US Foods Company 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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