Boston Partners Increases Position in US Foods Holding Corp. (NYSE:USFD)

Boston Partners lifted its position in shares of US Foods Holding Corp. (NYSE:USFD) by 0.6% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 12,744,006 shares of the company’s stock after buying an additional 77,012 shares during the period. US Foods accounts for approximately 1.0% of Boston Partners’ portfolio, making the stock its 13th largest holding. Boston Partners owned approximately 0.05% of US Foods worth $860,460,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of USFD. EverSource Wealth Advisors LLC lifted its stake in shares of US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $32,000 after buying an additional 178 shares during the period. Huntington National Bank raised its stake in US Foods by 332.5% during the third quarter. Huntington National Bank now owns 532 shares of the company’s stock worth $33,000 after purchasing an additional 409 shares during the period. R Squared Ltd purchased a new position in US Foods during the fourth quarter worth approximately $34,000. First Horizon Advisors Inc. raised its stake in US Foods by 54.2% during the third quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock worth $35,000 after purchasing an additional 202 shares during the period. Finally, Assetmark Inc. raised its stake in US Foods by 66,100.0% during the third quarter. Assetmark Inc. now owns 662 shares of the company’s stock worth $41,000 after purchasing an additional 661 shares during the period. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on USFD shares. Melius started coverage on shares of US Foods in a report on Wednesday, December 18th. They set a “buy” rating and a $12.00 price target for the company. Melius Research raised shares of US Foods to a “strong-buy” rating in a report on Wednesday, December 18th. UBS Group raised their price target on shares of US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a report on Friday, February 14th. Barclays raised their price target on shares of US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Finally, Morgan Stanley raised their price target on shares of US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. One research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $70.33.

US Foods Trading Up 0.8 %

US Foods stock opened at $66.04 on Tuesday. The firm’s 50-day moving average is $69.11 and its 200-day moving average is $66.08. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. US Foods Holding Corp. has a 1 year low of $49.65 and a 1 year high of $73.19. The company has a market cap of $15.21 billion, a P/E ratio of 32.69, a PEG ratio of 1.03 and a beta of 1.65.

US Foods (NYSE:USFD) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.01). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The business had revenue of $9.49 billion during the quarter, compared to the consensus estimate of $9.47 billion. On average, equities analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insider Activity at US Foods

In other news, Director David W. Bullock acquired 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The shares were purchased at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the transaction, the director now directly owns 4,500 shares in the company, valued at $319,770. This trade represents a 800.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.70% of the stock is currently owned by insiders.

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.