US Foods Holding Corp. (NYSE:USFD) Shares Bought by TD Private Client Wealth LLC

TD Private Client Wealth LLC increased its stake in US Foods Holding Corp. (NYSE:USFD) by 9.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 13,403 shares of the company’s stock after acquiring an additional 1,121 shares during the quarter. TD Private Client Wealth LLC’s holdings in US Foods were worth $904,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Legacy Wealth Asset Management LLC increased its stake in US Foods by 4.0% in the 4th quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company’s stock worth $279,000 after purchasing an additional 160 shares in the last quarter. Arizona State Retirement System boosted its holdings in shares of US Foods by 0.3% in the fourth quarter. Arizona State Retirement System now owns 67,426 shares of the company’s stock worth $4,549,000 after buying an additional 170 shares during the period. Bank of Montreal Can increased its position in shares of US Foods by 0.3% in the third quarter. Bank of Montreal Can now owns 66,848 shares of the company’s stock worth $4,022,000 after acquiring an additional 171 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings 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 acquiring an additional 178 shares during the period. Finally, Vestcor Inc lifted its position in shares of US Foods by 1.0% in the 4th quarter. Vestcor Inc now owns 20,200 shares of the company’s stock valued at $1,363,000 after acquiring an additional 195 shares in the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Jefferies Financial Group boosted their target price on shares of US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Morgan Stanley upped their price target on US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. Melius Research upgraded US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. Truist Financial upped their target price on US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a report on Friday, February 14th. Finally, UBS Group raised their price target on shares of US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, February 14th. One analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $71.09.

Insider Activity at US Foods

In other news, Director David W. Bullock bought 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The shares were purchased at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the acquisition, the director now directly owns 4,500 shares of the company’s stock, valued at $319,770. The trade was a 800.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.70% of the stock is owned by company insiders.

US Foods Stock Performance

Shares of USFD opened at $64.36 on Monday. The firm has a market cap of $14.83 billion, a price-to-earnings ratio of 31.86, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65. The company’s fifty day moving average is $68.85 and its 200-day moving average is $66.23. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. US Foods Holding Corp. has a 12 month low of $49.65 and a 12 month high of $73.19.

US Foods (NYSE:USFD) last posted its earnings results on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $9.47 billion. Equities analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

US Foods Company 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.