Reliant Investment Partners LLC Purchases Shares of 10,680 US Foods Holding Corp. $USFD

Reliant Investment Partners LLC purchased a new position in shares of US Foods Holding Corp. (NYSE:USFD) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,680 shares of the company’s stock, valued at approximately $822,000.

A number of other institutional investors also recently made changes to their positions in the business. Boston Partners grew its holdings in shares of US Foods by 29.1% during the 1st quarter. Boston Partners now owns 16,457,351 shares of the company’s stock valued at $1,076,225,000 after purchasing an additional 3,713,345 shares during the last quarter. Wellington Management Group LLP boosted its position in US Foods by 3.7% during the first quarter. Wellington Management Group LLP now owns 11,836,323 shares of the company’s stock valued at $774,806,000 after buying an additional 426,288 shares during the period. Invesco Ltd. grew its stake in shares of US Foods by 21.8% during the first quarter. Invesco Ltd. now owns 7,546,048 shares of the company’s stock valued at $493,964,000 after buying an additional 1,350,034 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of US Foods by 120.3% in the first quarter. AQR Capital Management LLC now owns 2,537,434 shares of the company’s stock worth $162,853,000 after buying an additional 1,385,521 shares during the period. Finally, Primecap Management Co. CA increased its holdings in shares of US Foods by 194.6% in the first quarter. Primecap Management Co. CA now owns 1,941,400 shares of the company’s stock worth $127,084,000 after buying an additional 1,282,379 shares during the period. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Price Performance

Shares of US Foods stock opened at $74.22 on Tuesday. The company has a market cap of $16.71 billion, a PE ratio of 31.72, a P/E/G ratio of 1.04 and a beta of 1.36. The business has a 50 day moving average of $77.00 and a 200 day moving average of $76.04. US Foods Holding Corp. has a 52 week low of $57.36 and a 52 week high of $85.11. The company has a quick ratio of 0.73, a current ratio of 1.17 and a debt-to-equity ratio of 1.02.

US Foods (NYSE:USFD) last issued its quarterly earnings data on Thursday, August 7th. The company reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.05. US Foods had a net margin of 1.43% and a return on equity of 16.86%. The business had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $10.17 billion. During the same period in the previous year, the firm earned $0.93 EPS. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. As a group, equities research analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Guggenheim increased their target price on US Foods from $80.00 to $88.00 and gave the company a “buy” rating in a report on Monday, August 11th. UBS Group increased their price objective on US Foods from $84.00 to $96.00 and gave the company a “buy” rating in a research note on Monday, July 28th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $87.00 target price (up from $80.00) on shares of US Foods in a research note on Friday, August 8th. Weiss Ratings reiterated a “buy (b+)” rating on shares of US Foods in a report on Tuesday, October 14th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $89.00 price target (up previously from $84.00) on shares of US Foods in a report on Monday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $82.42.

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.