US Foods Holding Corp. (NYSE:USFD) Shares Purchased by MetLife Investment Management LLC

MetLife Investment Management LLC increased its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 4.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 131,242 shares of the company’s stock after purchasing an additional 5,115 shares during the period. MetLife Investment Management LLC owned approximately 0.06% of US Foods worth $8,854,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Legacy Wealth Asset Management LLC grew its holdings in shares of US Foods by 4.0% in the fourth quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company’s stock valued at $279,000 after purchasing an additional 160 shares in the last quarter. Arizona State Retirement System increased its position in shares of US Foods by 0.3% during the fourth quarter. Arizona State Retirement System now owns 67,426 shares of the company’s stock worth $4,549,000 after acquiring an additional 170 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of US Foods by 59.5% in 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 in the last quarter. GeoWealth Management LLC raised its stake in shares of US Foods by 94.5% in the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company’s stock valued at $26,000 after acquiring an additional 189 shares in the last quarter. Finally, Vestcor Inc grew its stake in US Foods by 1.0% during the 4th quarter. Vestcor Inc now owns 20,200 shares of the company’s stock worth $1,363,000 after purchasing an additional 195 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Price Performance

Shares of NYSE USFD opened at $61.21 on Tuesday. The stock has a fifty day moving average price of $66.00 and a 200 day moving average price of $66.70. US Foods Holding Corp. has a 1-year low of $49.91 and a 1-year high of $73.19. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. The company has a market cap of $14.11 billion, a PE ratio of 30.30, a P/E/G ratio of 1.03 and a beta of 1.38.

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

Insider Activity at US Foods

In related news, Director David W. Bullock purchased 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The shares were acquired at an average cost of $71.06 per share, with a total value of $284,240.00. Following the purchase, 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 legal filing with the SEC, which is available through the SEC website. Company insiders own 0.70% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on USFD shares. UBS Group boosted 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. Morgan Stanley raised their price target on US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a research note on Tuesday, January 21st. Barclays increased their price objective on US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Friday, February 14th. StockNews.com downgraded US Foods from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Finally, Guggenheim restated a “buy” rating and set a $80.00 price objective on shares of US Foods in a research report on Monday, April 14th. One equities research analyst has rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, US Foods currently has an average rating of “Buy” and a consensus price target of $71.83.

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.