US Foods Holding Corp. (NYSE:USFD) Position Decreased by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA lowered its holdings in US Foods Holding Corp. (NYSE:USFD) by 3.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,586,655 shares of the company’s stock after selling 255,306 shares during the period. Massachusetts Financial Services Co. MA’s holdings in US Foods were worth $444,336,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC increased its holdings in shares of US Foods by 59.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $32,000 after buying an additional 178 shares in the last quarter. R Squared Ltd acquired a new stake in shares of US Foods during the fourth quarter worth $34,000. Smartleaf Asset Management LLC boosted its position in shares of US Foods by 50.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 727 shares of the company’s stock valued at $49,000 after purchasing an additional 243 shares during the period. J.Safra Asset Management Corp boosted its position in shares of US Foods by 38.5% in the 4th quarter. J.Safra Asset Management Corp now owns 806 shares of the company’s stock valued at $55,000 after purchasing an additional 224 shares during the period. Finally, Versant Capital Management Inc increased its stake in US Foods by 112.2% in the 4th quarter. Versant Capital Management Inc now owns 855 shares of the company’s stock worth $58,000 after purchasing an additional 452 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors.

US Foods Stock Performance

Shares of USFD stock opened at $67.18 on Thursday. US Foods Holding Corp. has a fifty-two week low of $49.65 and a fifty-two week high of $73.19. The stock’s 50-day moving average is $68.46 and its two-hundred day moving average is $66.59. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. The firm has a market cap of $15.48 billion, a P/E ratio of 33.26, a PEG ratio of 1.03 and a beta of 1.38.

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

Insider Activity at US Foods

In related news, Director David W. Bullock acquired 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The shares were acquired at an average cost of $71.06 per share, with a total value of $284,240.00. Following the purchase, the director now owns 4,500 shares of the company’s stock, valued at approximately $319,770. The trade was a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.70% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have commented on USFD. UBS Group raised their target price on shares of US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, February 14th. Melius started coverage on shares of US Foods in a research note on Wednesday, December 18th. They issued a “buy” rating and a $12.00 price objective for the company. Barclays lifted their price objective on shares of US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Truist Financial increased their target price on US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a report on Friday, February 14th. Finally, StockNews.com downgraded US Foods from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. One analyst has rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, US Foods has a consensus rating of “Buy” and a consensus target price of $71.09.

US Foods Company 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.