Twin Capital Management Inc. Invests $1.25 Million in US Foods Holding Corp. (NYSE:USFD)

Twin Capital Management Inc. bought a new position in shares of US Foods Holding Corp. (NYSE:USFD) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 18,473 shares of the company’s stock, valued at approximately $1,246,000.

Several other hedge funds have also modified their holdings of USFD. Public Sector Pension Investment Board lifted its position in shares of US Foods by 100.2% in the 3rd quarter. Public Sector Pension Investment Board now owns 6,000 shares of the company’s stock valued at $369,000 after acquiring an additional 2,500,000 shares in the last quarter. Benjamin Edwards Inc. acquired a new stake in US Foods during the 3rd quarter valued at $328,000. HighTower Advisors LLC lifted its holdings in shares of US Foods by 16.8% in the third quarter. HighTower Advisors LLC now owns 23,419 shares of the company’s stock valued at $1,442,000 after purchasing an additional 3,368 shares in the last quarter. Stifel Financial Corp boosted its position in shares of US Foods by 38.4% in the third quarter. Stifel Financial Corp now owns 13,457 shares of the company’s stock worth $828,000 after buying an additional 3,734 shares during the period. Finally, State Street Corp grew its holdings in shares of US Foods by 4.7% during the third quarter. State Street Corp now owns 7,045,514 shares of the company’s stock valued at $433,299,000 after buying an additional 316,061 shares in the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

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 stock was acquired at an average price of $71.06 per share, with a total value of $284,240.00. Following the transaction, the director now owns 4,500 shares of the company’s stock, valued at approximately $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.70% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Melius Research upgraded US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. Piper Sandler raised their price target on shares of US Foods from $75.00 to $77.00 and gave the stock an “overweight” rating in a report on Tuesday, February 18th. UBS Group upped their price objective on shares of US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, February 14th. Melius started coverage on shares of US Foods in a research report on Wednesday, December 18th. They issued a “buy” rating and a $12.00 target price for the company. Finally, Truist Financial boosted their price target on shares of US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a report on Friday, February 14th. One research analyst has rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $71.09.

US Foods Price Performance

NYSE USFD opened at $60.39 on Tuesday. 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 $68.02 and its two-hundred day moving average is $66.66. The firm has a market cap of $13.91 billion, a P/E ratio of 29.90, a price-to-earnings-growth ratio of 1.03 and a beta of 1.38. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71.

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

US Foods 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.