Arlington Capital Management Inc. Buys New Holdings in US Foods Holding Corp. (NYSE:USFD)

Arlington Capital Management Inc. bought a new stake in shares of US Foods Holding Corp. (NYSE:USFD) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 18,478 shares of the company’s stock, valued at approximately $839,000.

Several other institutional investors also recently bought and sold shares of the stock. Bank of New York Mellon Corp raised its position in US Foods by 11.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,350,684 shares of the company’s stock valued at $93,322,000 after purchasing an additional 238,898 shares during the last quarter. New York State Teachers Retirement System raised its position in US Foods by 5.2% during the 3rd quarter. New York State Teachers Retirement System now owns 143,700 shares of the company’s stock valued at $5,705,000 after purchasing an additional 7,110 shares during the last quarter. Verdence Capital Advisors LLC bought a new position in US Foods during the 3rd quarter valued at approximately $267,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in US Foods by 32.7% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 44,924 shares of the company’s stock valued at $1,783,000 after purchasing an additional 11,068 shares during the last quarter. Finally, Strs Ohio raised its position in US Foods by 3.8% during the 3rd quarter. Strs Ohio now owns 341,673 shares of the company’s stock valued at $13,564,000 after purchasing an additional 12,507 shares during the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

USFD has been the subject of a number of recent analyst reports. Morgan Stanley upped their price target on US Foods from $60.00 to $62.00 and gave the company an “overweight” rating in a research report on Friday, April 12th. UBS Group raised US Foods from a “neutral” rating to a “buy” rating and increased their target price for the stock from $47.00 to $64.00 in a research report on Tuesday, February 20th. Piper Sandler raised US Foods from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $45.00 to $59.00 in a research report on Tuesday, February 20th. BMO Capital Markets increased their target price on US Foods from $50.00 to $58.00 and gave the stock an “outperform” rating in a research report on Friday, February 16th. Finally, BTIG Research increased their target price on US Foods from $52.00 to $62.00 and gave the stock a “buy” rating in a research report on Tuesday, March 19th. One analyst has rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $54.92.

Insider Buying and Selling at US Foods

In other US Foods news, EVP David A. Rickard sold 50,000 shares of the stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $52.52, for a total transaction of $2,626,000.00. Following the sale, the executive vice president now directly owns 148,561 shares in the company, valued at approximately $7,802,423.72. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.70% of the company’s stock.

US Foods Stock Up 4.5 %

Shares of US Foods stock traded up $2.38 during midday trading on Thursday, hitting $54.76. The company had a trading volume of 1,069,706 shares, compared to its average volume of 1,712,877. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.78 and a current ratio of 1.30. The stock has a market capitalization of $13.43 billion, a P/E ratio of 27.17, a P/E/G ratio of 0.86 and a beta of 1.58. The company has a 50 day moving average of $52.16 and a 200 day moving average of $47.33. US Foods Holding Corp. has a 52-week low of $35.66 and a 52-week high of $55.24.

US Foods (NYSE:USFD) last issued its earnings results on Thursday, February 15th. The company reported $0.60 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.04). US Foods had a net margin of 1.42% and a return on equity of 13.41%. The business had revenue of $8.94 billion for the quarter, compared to analysts’ expectations of $8.81 billion. On average, equities analysts predict that US Foods Holding Corp. will post 2.92 earnings per share for the current fiscal year.

About US Foods

US Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.