Sei Investments Co. Acquires 161,887 Shares of US Foods Holding Corp. (NYSE:USFD)

Sei Investments Co. grew its holdings in US Foods Holding Corp. (NYSE:USFD) by 52.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 471,717 shares of the company’s stock after purchasing an additional 161,887 shares during the period. Sei Investments Co.’s holdings in US Foods were worth $31,822,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its position in 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 acquiring an additional 178 shares during the last quarter. R Squared Ltd acquired a new stake in shares of US Foods in the 4th quarter valued at approximately $34,000. First Horizon Advisors Inc. grew its holdings in shares of US Foods by 54.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock valued at $35,000 after purchasing an additional 202 shares during the last quarter. Smartleaf Asset Management LLC increased its position in US Foods by 50.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 727 shares of the company’s stock worth $49,000 after purchasing an additional 243 shares in the last quarter. Finally, J.Safra Asset Management Corp lifted its stake in 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 last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

Insider Buying and Selling at US Foods

In other news, Director David W. Bullock bought 4,000 shares of US Foods stock in a transaction dated Tuesday, February 18th. The stock was purchased at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the purchase, the director now directly owns 4,500 shares in the company, valued at $319,770. The trade was a 800.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.70% of the company’s stock.

Analyst Upgrades and Downgrades

USFD has been the subject of several research analyst reports. StockNews.com downgraded shares of US Foods from a “strong-buy” rating to a “buy” rating in a report on Saturday. Piper Sandler upped their target price on US Foods from $75.00 to $77.00 and gave the stock an “overweight” rating in a report on Tuesday, February 18th. UBS Group lifted their price target on US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, February 14th. Jefferies Financial Group raised their price objective on shares of US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a report on Monday, December 16th. Finally, Barclays boosted their target price on shares of US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. One analyst has rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $71.09.

US Foods Price Performance

Shares of NYSE USFD opened at $65.22 on Wednesday. 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 firm’s 50-day moving average price is $68.80 and its 200-day moving average price is $66.34. The firm has a market capitalization of $15.03 billion, a P/E ratio of 32.29, a P/E/G ratio of 1.03 and a beta of 1.65. US Foods Holding Corp. has a 1-year low of $49.65 and a 1-year high of $73.19.

US Foods (NYSE:USFD) last issued 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 return on equity of 15.03% and a net margin of 1.30%. The firm had revenue of $9.49 billion for the quarter, compared to analyst estimates of $9.47 billion. Equities research analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

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.