BMO Capital Markets set a $29.00 target price on US Foods Holding Corp (NASDAQ:USFD) in a research report sent to investors on Friday. The firm currently has a hold rating on the stock.

USFD has been the topic of a number of other reports. Royal Bank Of Canada restated a buy rating on shares of US Foods Holding Corp in a research note on Tuesday, April 18th. Credit Suisse Group raised their price target on US Foods Holding Corp from $22.00 to $28.00 and gave the company a focus list rating in a research note on Thursday, April 6th. Zacks Investment Research cut US Foods Holding Corp from a hold rating to a sell rating in a research note on Saturday, May 20th. Loop Capital assumed coverage on US Foods Holding Corp in a research note on Monday, May 15th. They issued a hold rating and a $31.00 price target on the stock. Finally, Guggenheim restated a buy rating on shares of US Foods Holding Corp in a research note on Tuesday, June 27th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. US Foods Holding Corp presently has a consensus rating of Buy and an average target price of $30.78.

Shares of US Foods Holding Corp (USFD) traded up 0.04% on Friday, reaching $28.40. The company had a trading volume of 278,340 shares. The firm’s 50 day moving average is $27.76 and its 200 day moving average is $27.82. The firm has a market capitalization of $6.31 billion and a PE ratio of 27.65. US Foods Holding Corp has a 12 month low of $22.19 and a 12 month high of $30.73.

US Foods Holding Corp (NASDAQ:USFD) last posted its quarterly earnings results on Tuesday, May 9th. The company reported $0.18 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.20 by $0.02. US Foods Holding Corp had a net margin of 0.46% and a return on equity of 4.21%. The business had revenue of $5.78 billion during the quarter, compared to analyst estimates of $5.78 billion. The business’s revenue was up 3.3% compared to the same quarter last year. On average, equities research analysts expect that US Foods Holding Corp will post $1.34 earnings per share for the current fiscal year.

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In other US Foods Holding Corp news, Director John Anthony Lederer sold 598,950 shares of the firm’s stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of $28.25, for a total transaction of $16,920,337.50. Following the transaction, the director now owns 504,224 shares of the company’s stock, valued at $14,244,328. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Pietro Satriano sold 89,932 shares of the firm’s stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of $28.25, for a total value of $2,540,579.00. Following the transaction, the insider now directly owns 164,366 shares in the company, valued at approximately $4,643,339.50. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 23,344,441 shares of company stock worth $659,480,458.

Institutional investors have recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of US Foods Holding Corp during the first quarter valued at about $105,000. Public Employees Retirement Association of Colorado raised its position in shares of US Foods Holding Corp by 197.3% in the second quarter. Public Employees Retirement Association of Colorado now owns 4,210 shares of the company’s stock valued at $115,000 after buying an additional 2,794 shares during the last quarter. US Bancorp DE raised its position in shares of US Foods Holding Corp by 205.9% in the second quarter. US Bancorp DE now owns 4,402 shares of the company’s stock valued at $120,000 after buying an additional 2,963 shares during the last quarter. Independent Portfolio Consultants Inc. raised its position in shares of US Foods Holding Corp by 458.3% in the second quarter. Independent Portfolio Consultants Inc. now owns 6,420 shares of the company’s stock valued at $175,000 after buying an additional 5,270 shares during the last quarter. Finally, UBS Group AG raised its position in shares of US Foods Holding Corp by 255.6% in the first quarter. UBS Group AG now owns 7,280 shares of the company’s stock valued at $204,000 after buying an additional 5,233 shares during the last quarter.

About US Foods Holding Corp

US Foods Holding Corp. is a holding company. The Company is a foodservice distributor in the United States. The Company, through US Foods, Inc (USF), markets and primarily distributes fresh, frozen and dry food and non-food products to foodservice customers throughout the United States. These 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.

Analyst Recommendations for US Foods Holding Corp (NASDAQ:USFD)

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