Dimensional Fund Advisors LP Buys 567,601 Shares of US Foods Holding Corp. (NYSE:USFD)

Dimensional Fund Advisors LP lifted its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 14.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,528,776 shares of the company’s stock after purchasing an additional 567,601 shares during the period. Dimensional Fund Advisors LP’s holdings in US Foods were worth $239,940,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Lord Abbett & CO. LLC acquired a new stake in US Foods in the first quarter valued at $22,937,000. Janus Henderson Group PLC increased its position in US Foods by 46.3% during the first quarter. Janus Henderson Group PLC now owns 162,338 shares of the company’s stock worth $8,759,000 after buying an additional 51,402 shares during the last quarter. Entropy Technologies LP bought a new stake in US Foods in the first quarter valued at approximately $232,000. Artemis Investment Management LLP acquired a new stake in shares of US Foods in the first quarter valued at approximately $20,997,000. Finally, Vanguard Group Inc. boosted its stake in shares of US Foods by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 23,019,003 shares of the company’s stock worth $1,242,336,000 after acquiring an additional 796,434 shares during the period. Institutional investors and hedge funds own 98.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft raised their price target on US Foods from $72.00 to $75.00 and gave the company a “buy” rating in a report on Friday, August 9th. JPMorgan Chase & Co. upped their price target on shares of US Foods from $60.00 to $68.00 and gave the company a “neutral” rating in a research note on Monday. Piper Sandler raised their price objective on shares of US Foods from $59.00 to $61.00 and gave the stock an “overweight” rating in a research report on Friday, June 7th. Wells Fargo & Company upped their target price on US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, StockNews.com cut US Foods from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 14th. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $66.40.

Insider Buying and Selling at US Foods

In related news, CFO Dirk J. Locascio sold 10,000 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $57.95, for a total transaction of $579,500.00. Following the sale, the chief financial officer now owns 88,563 shares in the company, valued at approximately $5,132,225.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.70% of the company’s stock.

US Foods Trading Down 0.5 %

Shares of NYSE:USFD opened at $60.88 on Thursday. The company has a market capitalization of $14.89 billion, a P/E ratio of 29.99, a P/E/G ratio of 1.00 and a beta of 1.66. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.29 and a quick ratio of 0.81. The business’s 50 day simple moving average is $55.69 and its 200 day simple moving average is $53.78. US Foods Holding Corp. has a 1 year low of $35.66 and a 1 year high of $62.34.

US Foods (NYSE:USFD) last released its earnings results on Thursday, August 8th. The company reported $0.93 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.93. The company had revenue of $9.71 billion for the quarter, compared to analyst estimates of $9.62 billion. US Foods had a return on equity of 13.43% and a net margin of 1.42%. US Foods’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.73 EPS. On average, research analysts anticipate that US Foods Holding Corp. will post 2.9 EPS for the current fiscal year.

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.