EntryPoint Capital LLC Purchases Shares of 5,293 US Foods Holding Corp. (NYSE:USFD)

EntryPoint Capital LLC acquired a new position in US Foods Holding Corp. (NYSE:USFD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,293 shares of the company’s stock, valued at approximately $357,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of USFD. Public Sector Pension Investment Board grew its stake in shares of US Foods by 100.2% during the third quarter. Public Sector Pension Investment Board now owns 6,000 shares of the company’s stock worth $369,000 after acquiring an additional 2,500,000 shares during the last quarter. Wellington Management Group LLP boosted its stake in US Foods by 25.2% in the 3rd quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock worth $744,548,000 after purchasing an additional 2,435,357 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in US Foods during the 4th quarter worth approximately $48,611,000. Primecap Management Co. CA increased its stake in US Foods by 129.3% during the 4th quarter. Primecap Management Co. CA now owns 659,021 shares of the company’s stock valued at $44,458,000 after purchasing an additional 371,613 shares in the last quarter. Finally, State Street Corp raised its holdings in shares of US Foods by 4.7% in the third quarter. State Street Corp now owns 7,045,514 shares of the company’s stock worth $433,299,000 after buying an additional 316,061 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Insider Transactions at US Foods

In related news, Director David W. Bullock bought 4,000 shares of the business’s stock in a transaction dated Tuesday, February 18th. The stock was acquired at an average price 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 of the company’s stock, valued at approximately $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.70% of the company’s stock.

US Foods Stock Up 0.7 %

USFD stock opened at $65.63 on Thursday. US Foods Holding Corp. has a one year low of $49.65 and a one year high of $73.19. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. The firm’s fifty day moving average is $68.75 and its 200 day moving average is $66.34. The firm has a market cap of $15.12 billion, a PE ratio of 32.49, a P/E/G ratio of 1.03 and a beta of 1.65.

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Melius Research raised US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. UBS Group increased their price objective on US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a report on Friday, February 14th. Morgan Stanley raised their price objective on US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 21st. Melius initiated coverage on US Foods in a research report on Wednesday, December 18th. They issued a “buy” rating and a $12.00 target price on the stock. Finally, Truist Financial raised their price target on shares of US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $71.09.

US Foods Profile

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.