US Foods Holding Corp. (NYSE:USFD) Stock Position Lessened by JB Capital LLC

JB Capital LLC reduced its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 6.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,482 shares of the company’s stock after selling 1,686 shares during the quarter. JB Capital LLC’s holdings in US Foods were worth $1,350,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. International Assets Investment Management LLC raised its position in shares of US Foods by 4,441.0% during the 4th quarter. International Assets Investment Management LLC now owns 25,339 shares of the company’s stock worth $1,151,000 after buying an additional 24,781 shares in the last quarter. Cerity Partners LLC acquired a new stake in shares of US Foods in the fourth quarter valued at $897,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of US Foods by 11.1% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 49,907 shares of the company’s stock valued at $2,266,000 after buying an additional 4,983 shares during the period. Handelsbanken Fonder AB boosted its position in shares of US Foods by 41.4% during the 4th quarter. Handelsbanken Fonder AB now owns 42,341 shares of the company’s stock valued at $1,923,000 after purchasing an additional 12,400 shares in the last quarter. Finally, California Public Employees Retirement System raised its holdings in shares of US Foods by 0.9% in the 4th quarter. California Public Employees Retirement System now owns 426,618 shares of the company’s stock worth $19,373,000 after purchasing an additional 3,934 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Stock Up 0.7 %

Shares of NYSE USFD traded up $0.38 during mid-day trading on Friday, reaching $58.78. The company had a trading volume of 1,496,924 shares, compared to its average volume of 1,805,016. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.81 and a current ratio of 1.29. The company has a market capitalization of $14.45 billion, a price-to-earnings ratio of 28.76, a PEG ratio of 0.94 and a beta of 1.62. The stock has a fifty day moving average of $53.35 and a two-hundred day moving average of $52.44. US Foods Holding Corp. has a 12-month low of $35.66 and a 12-month high of $58.85.

US Foods (NYSE:USFD) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.93 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.93. US Foods had a return on equity of 13.43% and a net margin of 1.42%. The business had revenue of $9.71 billion during the quarter, compared to analyst estimates of $9.62 billion. During the same period last year, the company earned $0.73 earnings per share. US Foods’s quarterly revenue was up 7.7% compared to the same quarter last year. As a group, equities research analysts expect that US Foods Holding Corp. will post 2.92 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on USFD shares. Piper Sandler raised their target price on shares of US Foods from $59.00 to $61.00 and gave the stock an “overweight” rating in a report on Friday, June 7th. Morgan Stanley lifted their target price on US Foods from $62.00 to $64.00 and gave the stock an “overweight” rating in a report on Friday, May 10th. Truist Financial upped their target price on US Foods from $65.00 to $66.00 and gave the company a “buy” rating in a report on Thursday, June 6th. Wells Fargo & Company lifted their price target on US Foods from $63.00 to $66.00 and gave the stock an “overweight” rating in a research note on Thursday, June 6th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $62.00 price objective (up from $58.00) on shares of US Foods in a research note on Friday, May 10th. One research analyst has rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $64.70.

US Foods Profile

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.