Danske Bank A S Acquires Shares of 47,456 US Foods Holding Corp. $USFD

Danske Bank A S acquired a new stake in shares of US Foods Holding Corp. (NYSE:USFDFree Report) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 47,456 shares of the company’s stock, valued at approximately $4,852,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of US Foods in the 2nd quarter worth about $2,131,439,000. Boston Partners lifted its position in US Foods by 0.5% in the 4th quarter. Boston Partners now owns 16,203,880 shares of the company’s stock valued at $1,222,537,000 after acquiring an additional 73,656 shares in the last quarter. Wellington Management Group LLP boosted its stake in US Foods by 7.0% during the 4th quarter. Wellington Management Group LLP now owns 13,780,526 shares of the company’s stock valued at $1,037,949,000 after purchasing an additional 904,556 shares during the last quarter. Capital World Investors boosted its stake in US Foods by 10.3% during the 4th quarter. Capital World Investors now owns 12,862,100 shares of the company’s stock valued at $968,773,000 after purchasing an additional 1,197,360 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in US Foods by 8.6% during the 3rd quarter. Invesco Ltd. now owns 8,164,062 shares of the company’s stock worth $625,530,000 after purchasing an additional 649,950 shares in the last quarter. 98.76% of the stock is owned by institutional investors.

US Foods Trading Up 1.0%

NYSE:USFD opened at $109.52 on Friday. US Foods Holding Corp. has a 52 week low of $69.88 and a 52 week high of $111.42. The firm has a 50-day moving average price of $100.96 and a two-hundred day moving average price of $93.74. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.70 and a current ratio of 1.14. The firm has a market cap of $23.69 billion, a price-to-earnings ratio of 33.70, a price-to-earnings-growth ratio of 1.38 and a beta of 0.81.

US Foods (NYSE:USFDGet Free Report) last announced its earnings results on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.08. The firm had revenue of $10.53 billion for the quarter, compared to the consensus estimate of $10.46 billion. US Foods had a return on equity of 20.53% and a net margin of 1.81%.The company’s revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.19 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities analysts expect that US Foods Holding Corp. will post 4.41 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on USFD. JPMorgan Chase & Co. lowered their price objective on US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Wells Fargo & Company lifted their target price on US Foods from $110.00 to $125.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Piper Sandler upped their price target on US Foods from $88.00 to $108.00 and gave the stock a “neutral” rating in a report on Wednesday, August 12th. Zacks Research raised US Foods from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Finally, Citigroup raised their price objective on US Foods from $110.00 to $124.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, US Foods has a consensus rating of “Moderate Buy” and an average price target of $113.92.

View Our Latest Report on US Foods

Insiders Place Their Bets

In other US Foods news, insider William Spencer Hancock sold 21,754 shares of the company’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $108.29, for a total value of $2,355,740.66. Following the completion of the transaction, the insider owned 101,144 shares in the company, valued at $10,952,883.76. This represents a 17.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Randy J. Taylor sold 11,630 shares of the company’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $110.37, for a total value of $1,283,603.10. Following the completion of the transaction, the insider owned 73,618 shares of the company’s stock, valued at $8,125,218.66. This trade represents a 13.64% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.74% of the company’s stock.

US Foods Company 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.

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

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