128,137 Shares in US Foods Holding Corp. $USFD Bought by Cozad Asset Management Inc.

Cozad Asset Management Inc. acquired a new stake in shares of US Foods Holding Corp. (NYSE:USFD) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 128,137 shares of the company’s stock, valued at approximately $9,868,000. Cozad Asset Management Inc. owned approximately 0.06% of US Foods at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Boston Partners raised its holdings in shares of US Foods by 29.1% in the first 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. Burgundy Asset Management Ltd. bought a new stake in US Foods in the 1st quarter worth about $110,245,000. Primecap Management Co. CA increased its stake in US Foods by 84.4% in the 2nd quarter. Primecap Management Co. CA now owns 3,580,710 shares of the company’s stock valued at $275,750,000 after buying an additional 1,639,310 shares during the last quarter. Jupiter Asset Management Ltd. purchased a new stake in US Foods in the 1st quarter valued at about $91,087,000. Finally, AQR Capital Management LLC lifted its position in shares of US Foods by 120.3% during the 1st 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 in the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Barclays cut their target price on US Foods from $95.00 to $90.00 and set an “overweight” rating on the stock in a research note on Friday, November 7th. Wall Street Zen raised US Foods from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of US Foods in a research report on Monday. Sanford C. Bernstein reiterated an “outperform” rating on shares of US Foods in a research note on Friday, November 7th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $87.00 price target (up previously from $80.00) on shares of US Foods in a research report on Friday, August 8th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $82.00.

Insider Activity at US Foods

In related news, insider Steven Guberman sold 58,632 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $72.00, for a total transaction of $4,221,504.00. Following the sale, the insider directly owned 113,410 shares in the company, valued at approximately $8,165,520. This represents a 34.08% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.60% of the company’s stock.

US Foods Stock Performance

Shares of USFD opened at $71.15 on Friday. US Foods Holding Corp. has a 1 year low of $57.36 and a 1 year high of $85.11. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.15 and a quick ratio of 0.70. The stock’s fifty day moving average price is $74.89 and its two-hundred day moving average price is $77.04. The firm has a market cap of $15.86 billion, a PE ratio of 29.65, a PEG ratio of 0.95 and a beta of 1.34.

US Foods (NYSE:USFD) last announced its quarterly earnings data on Thursday, November 6th. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.02. US Foods had a return on equity of 17.71% and a net margin of 1.43%.The company had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.18 billion. During the same quarter last year, the firm posted $0.85 EPS. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. On average, equities research analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current 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.