Fox Run Management L.L.C. Makes New $1.23 Million Investment in US Foods Holding Corp. $USFD

Fox Run Management L.L.C. bought a new stake in shares of US Foods Holding Corp. (NYSE:USFD) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 16,004 shares of the company’s stock, valued at approximately $1,232,000.

Several other institutional investors also recently modified their holdings of USFD. Cerity Partners LLC lifted its holdings in US Foods by 12.4% in the first quarter. Cerity Partners LLC now owns 39,815 shares of the company’s stock valued at $2,606,000 after buying an additional 4,402 shares during the period. Kesler Norman & Wride LLC raised its position in shares of US Foods by 1.3% during the 1st quarter. Kesler Norman & Wride LLC now owns 12,555 shares of the company’s stock valued at $822,000 after acquiring an additional 160 shares during the last quarter. Schechter Investment Advisors LLC lifted its stake in shares of US Foods by 9.9% in the 1st quarter. Schechter Investment Advisors LLC now owns 12,806 shares of the company’s stock valued at $838,000 after purchasing an additional 1,155 shares during the period. CWM LLC boosted its position in shares of US Foods by 91.4% in the 1st quarter. CWM LLC now owns 49,925 shares of the company’s stock worth $3,268,000 after purchasing an additional 23,841 shares during the last quarter. Finally, MQS Management LLC acquired a new stake in shares of US Foods during the first quarter worth $433,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on USFD. Sanford C. Bernstein reiterated an “outperform” rating on shares of US Foods in a report on Friday. UBS Group boosted their target price on US Foods from $84.00 to $96.00 and gave the stock a “buy” rating in a research report on Monday, July 28th. Barclays cut their price target on shares of US Foods from $95.00 to $90.00 and set an “overweight” rating on the stock in a research report on Friday. Piper Sandler lifted their price objective on shares of US Foods from $77.00 to $85.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 2nd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of US Foods in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $82.00.

US Foods Stock Performance

Shares of USFD stock opened at $73.48 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.73 and a current ratio of 1.15. US Foods Holding Corp. has a 52 week low of $57.36 and a 52 week high of $85.11. The company’s 50 day moving average price is $76.20 and its two-hundred day moving average price is $76.71. The company has a market capitalization of $16.55 billion, a P/E ratio of 30.62, a price-to-earnings-growth ratio of 1.03 and a beta of 1.34.

US Foods (NYSE:USFD) last released its quarterly earnings results on Thursday, November 6th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.02. US Foods had a net margin of 1.43% and a return on equity of 17.71%. The company had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.18 billion. During the same quarter in the prior year, the company earned $0.85 earnings per share. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. On average, analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

About US Foods

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.