Sirios Capital Management L P Sells 492 Shares of US Foods Holding Corp. (NYSE:USFD)

Sirios Capital Management L P lowered its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 3.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,779 shares of the company’s stock after selling 492 shares during the quarter. Sirios Capital Management L P’s holdings in US Foods were worth $997,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Legacy Wealth Asset Management LLC increased its position in shares of US Foods by 4.0% during the 4th quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company’s stock valued at $279,000 after purchasing an additional 160 shares during the last quarter. Arizona State Retirement System boosted its stake in shares of US Foods by 0.3% in the 4th quarter. Arizona State Retirement System now owns 67,426 shares of the company’s stock valued at $4,549,000 after purchasing an additional 170 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in US Foods by 59.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $32,000 after purchasing an additional 178 shares during the period. GeoWealth Management LLC lifted its stake in US Foods by 94.5% in the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company’s stock worth $26,000 after purchasing an additional 189 shares during the last quarter. Finally, Vestcor Inc boosted its position in US Foods by 1.0% during the fourth quarter. Vestcor Inc now owns 20,200 shares of the company’s stock valued at $1,363,000 after buying an additional 195 shares during the period. Institutional investors own 98.76% of the company’s stock.

US Foods Trading Up 3.5 %

NYSE:USFD opened at $63.29 on Wednesday. The company has a market cap of $14.59 billion, a PE ratio of 31.33, a price-to-earnings-growth ratio of 1.03 and a beta of 1.38. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06. The company has a 50 day simple moving average of $65.84 and a two-hundred day simple moving average of $66.67. US Foods Holding Corp. has a 12 month low of $50.05 and a 12 month high of $73.19.

US Foods (NYSE:USFD) last posted its earnings results on Thursday, February 13th. The company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.01). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The firm had revenue of $9.49 billion during the quarter, compared to the consensus estimate of $9.47 billion. Research analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insider Activity

In other news, Director David W. Bullock acquired 4,000 shares of US Foods stock in a transaction dated Tuesday, February 18th. The stock was purchased at an average cost of $71.06 per share, with a total value of $284,240.00. Following the completion of the purchase, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. This trade represents a 800.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on USFD shares. Morgan Stanley boosted their price objective on shares of US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. UBS Group raised their price target on US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Guggenheim restated a “buy” rating and issued a $80.00 price objective on shares of US Foods in a report on Monday, April 14th. Piper Sandler boosted their price target on shares of US Foods from $75.00 to $77.00 and gave the company an “overweight” rating in a research report on Tuesday, February 18th. Finally, Barclays lifted their price objective on US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, US Foods currently has an average rating of “Buy” and a consensus target price of $71.83.

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.