US Foods Holding Corp. (NYSE:USFD) Shares Purchased by Impax Asset Management Group plc

Impax Asset Management Group plc boosted its holdings in US Foods Holding Corp. (NYSE:USFDFree Report) by 14.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 240,000 shares of the company’s stock after acquiring an additional 30,000 shares during the period. Impax Asset Management Group plc owned 0.10% of US Foods worth $9,528,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Barclays PLC raised its position in US Foods by 43.0% in the third quarter. Barclays PLC now owns 246,199 shares of the company’s stock valued at $9,774,000 after purchasing an additional 74,050 shares during the period. Arizona State Retirement System raised its position in US Foods by 14.4% in the third quarter. Arizona State Retirement System now owns 67,076 shares of the company’s stock valued at $2,663,000 after purchasing an additional 8,441 shares during the period. LGT Group Foundation raised its position in US Foods by 5.8% in the third quarter. LGT Group Foundation now owns 65,288 shares of the company’s stock valued at $2,551,000 after purchasing an additional 3,590 shares during the period. Victory Capital Management Inc. raised its position in US Foods by 189.6% in the third quarter. Victory Capital Management Inc. now owns 4,651,686 shares of the company’s stock valued at $184,672,000 after purchasing an additional 3,045,213 shares during the period. Finally, California Public Employees Retirement System raised its position in US Foods by 11.2% in the third quarter. California Public Employees Retirement System now owns 422,684 shares of the company’s stock valued at $16,781,000 after purchasing an additional 42,452 shares during the period. 98.69% of the stock is currently owned by institutional investors and hedge funds.

US Foods Price Performance

Shares of USFD opened at $46.76 on Wednesday. US Foods Holding Corp. has a fifty-two week low of $33.96 and a fifty-two week high of $47.10. The company has a market capitalization of $11.50 billion, a price-to-earnings ratio of 25.98, a price-to-earnings-growth ratio of 0.69 and a beta of 1.55. The firm has a 50-day simple moving average of $45.03 and a 200-day simple moving average of $41.98. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.81 and a current ratio of 1.29.

US Foods (NYSE:USFDGet Free Report) last announced its quarterly earnings data on Thursday, November 9th. The company reported $0.65 EPS for the quarter, meeting analysts’ consensus estimates of $0.65. The firm had revenue of $9.11 billion during the quarter, compared to the consensus estimate of $9.12 billion. US Foods had a net margin of 1.28% and a return on equity of 13.55%. On average, equities research analysts anticipate that US Foods Holding Corp. will post 2.5 earnings per share for the current year.

Insider Buying and Selling at US Foods

In other US Foods news, Director Scott D. Ferguson sold 3,000,000 shares of the stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $43.87, for a total value of $131,610,000.00. Following the completion of the transaction, the director now directly owns 15,932,877 shares of the company’s stock, valued at $698,975,313.99. The sale was disclosed in a filing with the SEC, which is available at this link. 8.50% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. upped their price objective on US Foods from $44.00 to $46.00 and gave the stock a “neutral” rating in a research report on Friday, November 17th. Deutsche Bank Aktiengesellschaft assumed coverage on US Foods in a research report on Thursday, October 19th. They set a “buy” rating and a $50.00 price objective on the stock. StockNews.com raised US Foods from a “buy” rating to a “strong-buy” rating in a research report on Thursday, January 18th. Barclays dropped their target price on US Foods from $51.00 to $44.00 and set an “overweight” rating on the stock in a report on Monday, October 23rd. Finally, Truist Financial increased their target price on US Foods from $50.00 to $52.00 and gave the company a “buy” rating in a report on Friday, November 10th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $49.70.

View Our Latest Stock Analysis on USFD

US Foods Profile

(Free Report)

US Foods Holding Corp., through its subsidiary, 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.

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Institutional Ownership by Quarter for US Foods (NYSE:USFD)

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