UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 135,540 Shares of US Foods Holding Corp. $USFD

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 11.0% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 1,099,800 shares of the company’s stock after selling 135,540 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in US Foods were worth $112,455,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in shares of US Foods in the second quarter worth approximately $2,131,439,000. Wellington Management Group LLP boosted its position in shares of US Foods by 46.1% during the second quarter. Wellington Management Group LLP now owns 23,009,877 shares of the company’s stock valued at $2,352,760,000 after buying an additional 7,259,357 shares during the last quarter. Primecap Management Co. CA bought a new stake in US Foods during the second quarter worth $406,997,000. Price T Rowe Associates Inc. MD grew its holdings in US Foods by 412.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,165,611 shares of the company’s stock worth $313,755,000 after buying an additional 3,353,396 shares in the last quarter. Finally, Bank of Montreal Can raised its position in US Foods by 8,056.1% in the 4th quarter. Bank of Montreal Can now owns 2,866,721 shares of the company’s stock valued at $215,921,000 after buying an additional 2,831,573 shares during the last quarter. 98.76% of the stock is owned by institutional investors.

US Foods Stock Performance

Shares of USFD opened at $106.53 on Wednesday. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.19. The company has a market capitalization of $23.05 billion, a price-to-earnings ratio of 32.78, a PEG ratio of 1.33 and a beta of 0.81. The stock has a 50 day moving average of $102.99 and a 200 day moving average of $94.72. US Foods Holding Corp. has a 12 month low of $69.88 and a 12 month high of $111.42.

US Foods (NYSE:USFD) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.08. The business had revenue of $10.53 billion for 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 quarter in the previous year, the firm earned $1.19 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, sell-side analysts forecast that US Foods Holding Corp. will post 4.41 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have weighed in on USFD. Citigroup raised their price objective on US Foods from $110.00 to $124.00 and gave the company a “buy” rating in a research note on Friday, August 7th. BMO Capital Markets reiterated an “outperform” rating and issued a $120.00 target price on shares of US Foods in a research note on Friday, August 7th. Piper Sandler increased their target price on shares of US Foods from $88.00 to $108.00 and gave the company a “neutral” rating in a report on Wednesday, August 12th. BTIG Research raised their price target on shares of US Foods from $105.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of US Foods in a report on Wednesday, July 29th. Eleven equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $113.92.

Insiders Place Their Bets

In related news, insider Randy J. Taylor sold 11,630 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $110.37, for a total value of $1,283,603.10. Following the transaction, the insider directly owned 73,618 shares of the company’s stock, valued at approximately $8,125,218.66. The trade was a 13.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider William Spencer Hancock sold 21,754 shares of US Foods stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the completion of the sale, the insider directly owned 101,144 shares in the company, valued at approximately $10,952,883.76. This represents a 17.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.74% of the company’s stock.

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.