Healthcare of Ontario Pension Plan Trust Fund Acquires Shares of 422,873 US Foods Holding Corp. (NYSE:USFD)

Healthcare of Ontario Pension Plan Trust Fund purchased a new position in US Foods Holding Corp. (NYSE:USFD) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 422,873 shares of the company’s stock, valued at approximately $14,657,000. Healthcare of Ontario Pension Plan Trust Fund owned 0.19% of US Foods at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Boston Partners raised its position in US Foods by 46.8% during the third quarter. Boston Partners now owns 11,351,876 shares of the company’s stock valued at $393,713,000 after purchasing an additional 3,621,241 shares in the last quarter. Nordea Investment Management AB increased its holdings in US Foods by 110.3% during the 3rd quarter. Nordea Investment Management AB now owns 6,346,416 shares of the company’s stock valued at $226,314,000 after purchasing an additional 3,329,267 shares during the period. Deutsche Bank AG increased its holdings in US Foods by 234.3% during the 3rd quarter. Deutsche Bank AG now owns 1,555,582 shares of the company’s stock valued at $53,918,000 after purchasing an additional 1,090,287 shares during the period. Assenagon Asset Management S.A. increased its holdings in US Foods by 148.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,368,855 shares of the company’s stock valued at $47,445,000 after purchasing an additional 818,089 shares during the period. Finally, Sachem Head Capital Management LP increased its holdings in US Foods by 16.6% during the 2nd quarter. Sachem Head Capital Management LP now owns 5,624,500 shares of the company’s stock valued at $215,756,000 after purchasing an additional 799,500 shares during the period.

USFD has been the topic of several research reports. JPMorgan Chase & Co. cut their price objective on US Foods from $44.00 to $40.00 and set a “neutral” rating on the stock in a research report on Friday, December 17th. Zacks Investment Research lowered shares of US Foods from a “hold” rating to a “sell” rating in a research note on Friday, November 12th. BTIG Research reiterated a “buy” rating and set a $45.00 target price on shares of US Foods in a research note on Friday, September 17th. TheStreet lowered US Foods from a “b-” rating to a “c+” rating in a research note on Wednesday, November 24th. Finally, Barclays dropped their target price on shares of US Foods from $38.00 to $35.00 and set an “equal weight” rating for the company in a report on Wednesday, December 15th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $42.00.

USFD opened at $36.95 on Friday. US Foods Holding Corp. has a twelve month low of $30.02 and a twelve month high of $42.10. The company has a quick ratio of 0.94, a current ratio of 1.48 and a debt-to-equity ratio of 1.45. The company has a 50-day moving average price of $34.08 and a 200 day moving average price of $34.76. The company has a market cap of $8.23 billion, a PE ratio of 246.35, a price-to-earnings-growth ratio of 0.74 and a beta of 1.72.

US Foods (NYSE:USFD) last announced its quarterly earnings data on Sunday, November 7th. The company reported $0.48 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.48. US Foods had a net margin of 0.30% and a return on equity of 9.52%. The company had revenue of $7.89 billion during the quarter, compared to analysts’ expectations of $7.61 billion. During the same quarter in the prior year, the company earned $0.15 EPS. US Foods’s revenue was up 34.9% compared to the same quarter last year. As a group, sell-side analysts expect that US Foods Holding Corp. will post 1.44 earnings per share for the current year.

US Foods Company Profile

US Foods Holding Corp. operates as a foodservice distributor. Its products include frozen and dry food and non-food products to foodservice customers throughout the U.S. The company offers services under brands Chef’s Line, del Pasado, Glenview Farms, Cattleman’s Selection, Cross Valley Farms, Harbor Banks, Hilltop Hearth, Devonshire, and Metro Deli.

Featured Story: What is a Candlestick Chart?

Want to see what other hedge funds are holding USFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for US Foods Holding Corp. (NYSE:USFD).

Institutional Ownership by Quarter for US Foods (NYSE:USFD)

Receive News & Ratings for US Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Foods and related companies with MarketBeat.com's FREE daily email newsletter.