Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in US Foods Holding Corp. (NYSE:USFD – Free Report) during the second quarter, HoldingsChannel.com reports. The fund acquired 8,983 shares of the company’s stock, valued at approximately $919,000.
Other institutional investors have also modified their holdings of the company. Measured Wealth Private Client Group LLC acquired a new position in shares of US Foods during the third quarter worth $26,000. Keating Financial Advisory Services Inc. acquired a new stake in US Foods in the second quarter valued at $27,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in US Foods in the second quarter valued at $28,000. Nalls Sherbakoff Group LLC purchased a new stake in US Foods during the 4th quarter worth about $36,000. Finally, Geneos Wealth Management Inc. lifted its holdings in US Foods by 120.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after buying an additional 263 shares during the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
USFD has been the topic of a number of recent analyst reports. TD Cowen increased their price objective on US Foods from $116.00 to $119.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Citigroup upped their price target on US Foods from $110.00 to $124.00 and gave the company a “buy” rating in a report on Friday, August 7th. UBS Group increased their price target on shares of US Foods from $117.00 to $127.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Guggenheim raised their price objective on shares of US Foods from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. Eleven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $113.92.
US Foods Stock Down 0.6%
USFD opened at $107.83 on Friday. US Foods Holding Corp. has a one year low of $69.88 and a one year high of $111.42. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.70 and a current ratio of 1.14. The stock has a market capitalization of $23.33 billion, a P/E ratio of 33.18, a price-to-earnings-growth ratio of 1.38 and a beta of 0.81. The business’s 50-day simple moving average is $102.20 and its 200-day simple moving average is $94.37.
US Foods (NYSE:USFD – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $1.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.08. The firm had revenue of $10.53 billion during the quarter, compared to analysts’ expectations of $10.46 billion. US Foods had a return on equity of 20.53% and a net margin of 1.81%.The business’s revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.19 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Analysts anticipate that US Foods Holding Corp. will post 4.41 EPS for the current year.
Insider Buying and Selling
In other news, insider Randy J. Taylor sold 11,630 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $110.37, for a total transaction of $1,283,603.10. Following the transaction, the insider directly owned 73,618 shares in the company, valued at approximately $8,125,218.66. This trade represents a 13.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider William Spencer Hancock sold 21,754 shares of US Foods stock in a transaction on Friday, August 7th. The shares were sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the completion of the transaction, the insider directly owned 101,144 shares in the company, valued at $10,952,883.76. The trade was a 17.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.74% of the stock is currently owned by insiders.
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.
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