5,293 Shares in US Foods Holding Corp. (NYSE:USFD) Acquired by EntryPoint Capital LLC

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

Other institutional investors and hedge funds have also recently modified their holdings of the company. Legacy Wealth Asset Management LLC lifted its position in shares of US Foods by 4.0% in the fourth quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company’s stock worth $279,000 after buying an additional 160 shares in the last quarter. Arizona State Retirement System boosted its position in shares of US Foods by 0.3% during the 4th quarter. Arizona State Retirement System now owns 67,426 shares of the company’s stock valued at $4,549,000 after acquiring an additional 170 shares during the last quarter. Bank of Montreal Can grew its holdings in shares of US Foods by 0.3% in the third quarter. Bank of Montreal Can now owns 66,848 shares of the company’s stock valued at $4,022,000 after purchasing an additional 171 shares in the last quarter. EverSource Wealth Advisors LLC increased 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 worth $32,000 after purchasing an additional 178 shares during the last quarter. Finally, Vestcor Inc raised its stake in US Foods by 1.0% during the fourth quarter. Vestcor Inc now owns 20,200 shares of the company’s stock valued at $1,363,000 after purchasing an additional 195 shares in the last quarter. Institutional investors own 98.76% of the company’s stock.

US Foods Trading Up 0.7 %

Shares of USFD opened at $65.63 on Thursday. 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 capitalization of $15.12 billion, a price-to-earnings ratio of 32.49, a PEG ratio of 1.03 and a beta of 1.65. The company has a 50-day moving average of $68.75 and a 200 day moving average of $66.34. 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 announced its quarterly earnings results on Thursday, February 13th. The company reported $0.78 earnings per share (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 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 expect that US Foods Holding Corp. will post 3.59 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on USFD shares. Jefferies Financial Group boosted their target price on shares of US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Truist Financial boosted their price objective on US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Morgan Stanley raised their price objective on US Foods from $76.00 to $82.00 and gave the company 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 set a “buy” rating and a $12.00 target price on the stock. Finally, Melius Research upgraded US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. One investment 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, the company has an average rating of “Buy” and a consensus price target of $71.09.

Insider Activity

In other US Foods 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 bought at an average cost of $71.06 per share, with a total value of $284,240.00. Following the completion of the acquisition, the director now directly owns 4,500 shares in the company, valued at $319,770. This represents a 800.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.70% of the company’s stock.

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.