Pietro Satriano Sells 163,284 Shares of US Foods Holding Corp (USFD) Stock
US Foods Holding Corp (NYSE:USFD) CEO Pietro Satriano sold 163,284 shares of the company’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $33.04, for a total value of $5,394,903.36. Following the transaction, the chief executive officer now owns 340,989 shares of the company’s stock, valued at approximately $11,266,276.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of US Foods Holding Corp (NYSE:USFD) traded up $0.33 during mid-day trading on Wednesday, reaching $32.29. The company had a trading volume of 2,428,654 shares, compared to its average volume of 3,002,619. The stock has a market capitalization of $7,260.00 and a PE ratio of 11.74. US Foods Holding Corp has a 12 month low of $25.43 and a 12 month high of $33.91. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.81 and a current ratio of 1.40.
US Foods (NYSE:USFD) last issued its quarterly earnings results on Thursday, February 15th. The company reported $0.33 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by ($0.03). The firm had revenue of $6 billion during the quarter, compared to analysts’ expectations of $5.92 billion. US Foods had a return on equity of 10.80% and a net margin of 1.84%. US Foods’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.53 earnings per share. equities research analysts predict that US Foods Holding Corp will post 1.67 earnings per share for the current year.
A number of hedge funds have recently modified their holdings of USFD. Financial Gravity Companies Inc. purchased a new stake in US Foods in the fourth quarter worth $132,000. Cerebellum GP LLC purchased a new stake in US Foods in the fourth quarter worth $135,000. American International Group Inc. purchased a new stake in US Foods in the fourth quarter worth $137,000. Tower Research Capital LLC TRC grew its stake in US Foods by 2,909.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,139 shares of the company’s stock worth $196,000 after purchasing an additional 5,935 shares during the period. Finally, Brown Advisory Inc. purchased a new stake in US Foods in the third quarter worth $214,000. 88.54% of the stock is currently owned by institutional investors.
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US Foods 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.
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