Royal Bank Of Canada set a $32.00 price objective on US Foods Holding Corp (NASDAQ:USFD) in a research report released on Friday morning. The brokerage currently has a buy rating on the stock.

Other research analysts have also recently issued reports about the company. Loop Capital began coverage on US Foods Holding Corp in a report on Monday, May 15th. They set a hold rating and a $31.00 price objective for the company. Guggenheim reissued a buy rating and set a $33.00 price objective (up from $30.00) on shares of US Foods Holding Corp in a report on Monday, May 15th. Pivotal Research lifted their price objective on US Foods Holding Corp from $25.00 to $29.00 and gave the company a hold rating in a report on Wednesday, May 10th. BMO Capital Markets set a $29.00 price objective on US Foods Holding Corp and gave the company a hold rating in a report on Friday. Finally, Zacks Investment Research cut US Foods Holding Corp from a hold rating to a sell rating in a report on Saturday, May 20th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of $30.78.

Shares of US Foods Holding Corp (NASDAQ USFD) opened at 28.47 on Friday. US Foods Holding Corp has a 12-month low of $22.19 and a 12-month high of $30.73. The firm has a market cap of $6.32 billion and a PE ratio of 27.72. The company has a 50 day moving average of $27.76 and a 200-day moving average of $27.82.

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

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In related news, major shareholder Usf Co-Investor No. 2 L.P Cdr sold 22,655,559 shares of US Foods Holding Corp stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of $28.25, for a total value of $640,019,541.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John Anthony Lederer sold 598,950 shares of US Foods Holding Corp stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $28.25, for a total value of $16,920,337.50. Following the completion of the transaction, the director now directly owns 504,224 shares of the company’s stock, valued at $14,244,328. The disclosure for this sale can be found here. Insiders sold 23,344,441 shares of company stock valued at $659,480,458 over the last ninety days.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in US Foods Holding Corp during the first quarter worth about $105,000. Public Employees Retirement Association of Colorado boosted its position in 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 worth $115,000 after buying an additional 2,794 shares in the last quarter. US Bancorp DE boosted its position in US Foods Holding Corp by 205.9% in the second quarter. US Bancorp DE now owns 4,402 shares of the company’s stock worth $120,000 after buying an additional 2,963 shares in the last quarter. Independent Portfolio Consultants Inc. boosted its position in 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 worth $175,000 after buying an additional 5,270 shares in the last quarter. Finally, UBS Group AG boosted its position in US Foods Holding Corp by 255.6% in the first quarter. UBS Group AG now owns 7,280 shares of the company’s stock worth $204,000 after buying an additional 5,233 shares in the last quarter.

US Foods Holding Corp Company Profile

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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