Legacy Investment Solutions LLC Invests $32,000 in US Foods Holding Corp. (NYSE:USFD)

Legacy Investment Solutions LLC bought a new stake in US Foods Holding Corp. (NYSE:USFD) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 459 shares of the company’s stock, valued at approximately $32,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of USFD. EverSource Wealth Advisors LLC boosted its stake in shares of US Foods by 59.5% in the 4th 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. R Squared Ltd acquired a new position in US Foods during the 4th quarter worth approximately $34,000. Smartleaf Asset Management LLC increased its position in shares of US Foods by 50.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 727 shares of the company’s stock valued at $49,000 after purchasing an additional 243 shares during the last quarter. J.Safra Asset Management Corp raised its holdings in shares of US Foods by 38.5% in the 4th quarter. J.Safra Asset Management Corp now owns 806 shares of the company’s stock valued at $55,000 after purchasing an additional 224 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in shares of US Foods by 112.2% during the 4th quarter. Versant Capital Management Inc now owns 855 shares of the company’s stock worth $58,000 after purchasing an additional 452 shares during the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity at US Foods

In related news, Director David W. Bullock purchased 4,000 shares of the business’s stock in a transaction dated Tuesday, February 18th. The stock was acquired 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. This trade represents a 800.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.70% of the company’s stock.

US Foods Stock Down 0.1 %

USFD stock opened at $62.53 on Friday. US Foods Holding Corp. has a one year low of $49.65 and a one year high of $73.19. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. The company has a fifty day moving average of $66.97 and a 200-day moving average of $66.62. The stock has a market capitalization of $14.41 billion, a PE ratio of 30.96, a price-to-earnings-growth ratio of 1.03 and a beta of 1.38.

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

Wall Street Analyst Weigh In

Several equities analysts recently commented on USFD shares. Jefferies Financial Group increased their target price on US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a report on Monday, December 16th. Morgan Stanley boosted their target price on US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 21st. StockNews.com lowered shares of US Foods from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. UBS Group boosted their price objective on shares of US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. Finally, Piper Sandler raised their price objective on US Foods from $75.00 to $77.00 and gave the stock an “overweight” rating in a report on Tuesday, February 18th. One research analyst has rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $71.09.

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.