Hsbc Holdings PLC Has $797,000 Stock Position in US Foods Holding Corp. $USFD

Hsbc Holdings PLC reduced its position in shares of US Foods Holding Corp. (NYSE:USFD) by 52.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,646 shares of the company’s stock after selling 9,474 shares during the period. Hsbc Holdings PLC’s holdings in US Foods were worth $797,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of USFD. Measured Wealth Private Client Group LLC acquired a new position in US Foods during the 3rd quarter worth $26,000. Steph & Co. acquired a new stake in shares of US Foods in the fourth quarter valued at about $34,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of US Foods in the fourth quarter valued at about $36,000. Geneos Wealth Management Inc. increased its stake in shares of US Foods by 120.1% in the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after purchasing an additional 263 shares during the period. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of US Foods in the third quarter worth about $49,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

USFD has been the subject of several recent analyst reports. Citigroup restated a “buy” rating on shares of US Foods in a research note on Wednesday, July 22nd. Morgan Stanley lifted their price target on US Foods from $94.00 to $103.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 15th. JPMorgan Chase & Co. cut their price target on US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. BTIG Research reduced their price objective on US Foods from $110.00 to $105.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Finally, TD Cowen initiated coverage on shares of US Foods in a research note on Tuesday, July 7th. They issued a “buy” rating and a $116.00 price objective on the stock. Eleven equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, US Foods has a consensus rating of “Moderate Buy” and a consensus target price of $107.00.

US Foods Stock Up 0.9%

NYSE USFD opened at $102.42 on Thursday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.70 and a current ratio of 1.14. The firm has a 50-day simple moving average of $93.47 and a 200 day simple moving average of $90.95. US Foods Holding Corp. has a twelve month low of $69.88 and a twelve month high of $105.17. The stock has a market cap of $22.55 billion, a PE ratio of 34.48, a PEG ratio of 1.30 and a beta of 0.79.

US Foods (NYSE:USFD) last released its earnings results on Thursday, May 7th. The company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). The firm had revenue of $9.61 billion for the quarter, compared to analyst estimates of $9.66 billion. US Foods had a return on equity of 19.37% and a net margin of 1.71%.The firm’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period last year, the business earned $0.68 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, research analysts forecast that US Foods Holding Corp. will post 4.35 EPS for the current year.

US Foods Profile

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.