2,961 Shares in US Foods Holding Corp. (NYSE:USFD) Acquired by Nemes Rush Group LLC

Nemes Rush Group LLC acquired a new stake in US Foods Holding Corp. (NYSE:USFD) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 2,961 shares of the company’s stock, valued at approximately $200,000.

A number of other hedge funds and other institutional investors have also modified their holdings of USFD. Norges Bank acquired a new stake in US Foods in the fourth quarter worth about $211,300,000. Artisan Partners Limited Partnership bought a new stake in US Foods during the 4th quarter worth approximately $171,107,000. Public Sector Pension Investment Board raised its holdings 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 period. Wellington Management Group LLP raised its stake in shares of US Foods by 25.2% in the 3rd quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock valued at $744,548,000 after purchasing an additional 2,435,357 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in US Foods in the 4th quarter valued at approximately $48,611,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Trading Up 0.8 %

Shares of US Foods stock opened at $65.98 on Wednesday. US Foods Holding Corp. has a 1 year low of $49.65 and a 1 year high of $73.19. 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 has a market capitalization of $15.20 billion, a PE ratio of 32.66, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65. The firm’s 50 day moving average is $68.50 and its 200 day moving average is $66.59.

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

Insider Buying and Selling

In other news, Director David W. Bullock acquired 4,000 shares of US Foods stock in a transaction dated 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 purchase, the director now owns 4,500 shares in the company, valued at $319,770. This trade represents a 800.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.70% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

USFD has been the topic of several recent research reports. Morgan Stanley lifted their price target on shares of US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a research note on Tuesday, January 21st. Melius assumed coverage on US Foods in a research note on Wednesday, December 18th. They issued a “buy” rating and a $12.00 price target on the stock. Truist Financial raised their price objective 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. Piper Sandler lifted 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. Finally, Jefferies Financial Group lifted their price target on shares of US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a research report on Monday, December 16th. One research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average 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.