True Wealth Design LLC Has $33,000 Position in US Foods Holding Corp. (NYSE:USFD)

True Wealth Design LLC increased its position in shares of US Foods Holding Corp. (NYSE:USFD) by 153.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 492 shares of the company’s stock after buying an additional 298 shares during the quarter. True Wealth Design LLC’s holdings in US Foods were worth $33,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of USFD. Norges Bank acquired a new stake in shares of US Foods in the fourth quarter valued at approximately $211,300,000. Artisan Partners Limited Partnership acquired a new stake in US Foods in the 4th quarter valued at $171,107,000. Raymond James Financial Inc. acquired a new stake in US Foods in the 4th quarter valued at $48,611,000. AQR Capital Management LLC lifted its position in US Foods by 133.8% during the 4th quarter. AQR Capital Management LLC now owns 1,151,913 shares of the company’s stock worth $77,708,000 after buying an additional 659,283 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of US Foods by 307.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 639,558 shares of the company’s stock worth $43,145,000 after buying an additional 482,461 shares during the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

Insiders Place Their Bets

In other news, Director David W. Bullock purchased 4,000 shares of US Foods stock in a transaction that occurred on Tuesday, February 18th. The stock was acquired at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the purchase, 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 legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.60% of the company’s stock.

US Foods Trading Up 1.1%

Shares of US Foods stock opened at $76.64 on Friday. 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 business has a fifty day simple moving average of $65.78 and a two-hundred day simple moving average of $67.63. US Foods Holding Corp. has a 1 year low of $50.05 and a 1 year high of $76.92. The company has a market capitalization of $17.73 billion, a price-to-earnings ratio of 37.94, a P/E/G ratio of 1.03 and a beta of 1.35.

US Foods (NYSE:USFD) last posted its earnings results on Thursday, May 8th. The company reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.01). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The company had revenue of $9.35 billion for the quarter, compared to analyst estimates of $9.42 billion. During the same quarter in the prior year, the business posted $0.54 EPS. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. Research analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current year.

Wall Street Analysts Forecast Growth

USFD has been the topic of a number of recent research reports. Truist Financial lifted their target price on US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, February 14th. Morgan Stanley boosted their price target on US Foods from $81.00 to $84.00 and gave the stock an “overweight” rating in a research report on Friday, May 9th. StockNews.com raised US Foods from a “buy” rating to a “strong-buy” rating in a report on Tuesday, May 13th. Barclays raised their target price on shares of US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Finally, Piper Sandler upped their price target on shares of US Foods from $75.00 to $77.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 18th. One analyst has rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $73.00.

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.