Thrivent Financial for Lutherans Sells 126,918 Shares of US Foods Holding Corp. $USFD

Thrivent Financial for Lutherans reduced its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 65.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 67,572 shares of the company’s stock after selling 126,918 shares during the quarter. Thrivent Financial for Lutherans’ holdings in US Foods were worth $5,177,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Securian Asset Management Inc. lifted its stake in shares of US Foods by 0.7% during the 2nd quarter. Securian Asset Management Inc. now owns 17,618 shares of the company’s stock worth $1,357,000 after acquiring an additional 121 shares during the last quarter. Archer Investment Corp lifted its position in shares of US Foods by 8.8% during the second quarter. Archer Investment Corp now owns 1,850 shares of the company’s stock valued at $142,000 after buying an additional 150 shares during the last quarter. True Wealth Design LLC grew its holdings in US Foods by 12.2% in the third quarter. True Wealth Design LLC now owns 1,402 shares of the company’s stock worth $107,000 after purchasing an additional 152 shares during the last quarter. Benjamin Edwards Inc. lifted its holdings in shares of US Foods by 3.3% during the 2nd quarter. Benjamin Edwards Inc. now owns 5,854 shares of the company’s stock valued at $451,000 after purchasing an additional 185 shares during the last quarter. Finally, Suncoast Equity Management boosted its position in shares of US Foods by 1.7% in the 3rd quarter. Suncoast Equity Management now owns 11,435 shares of the company’s stock worth $876,000 after purchasing an additional 190 shares in the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

US Foods Trading Up 2.9%

USFD stock opened at $90.42 on Friday. The company has a quick ratio of 0.70, a current ratio of 1.15 and a debt-to-equity ratio of 1.08. US Foods Holding Corp. has a 52-week low of $57.36 and a 52-week high of $90.73. The company’s 50-day simple moving average is $79.28 and its 200-day simple moving average is $77.82. The firm has a market cap of $20.16 billion, a P/E ratio of 37.68, a PEG ratio of 1.11 and a beta of 1.02.

US Foods (NYSE:USFD) last issued its quarterly earnings data on Thursday, November 6th. The company reported $1.07 EPS for the quarter, beating the consensus estimate of $1.05 by $0.02. The company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.18 billion. US Foods had a return on equity of 17.71% and a net margin of 1.43%.US Foods’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period last year, the company earned $0.85 earnings per share. As a group, equities analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Morgan Stanley set a $92.00 price objective on shares of US Foods in a report on Tuesday, January 20th. Weiss Ratings reissued a “buy (b)” rating on shares of US Foods in a report on Monday, December 29th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of US Foods in a research report on Friday, November 7th. Barclays cut their price objective on US Foods from $95.00 to $90.00 and set an “overweight” rating on the stock in a report on Friday, November 7th. Finally, Citigroup raised their target price on shares of US Foods from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Tuesday, January 27th. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $90.00.

Insider Transactions at US Foods

In related news, insider Steven Guberman sold 58,632 shares of the company’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $72.00, for a total transaction of $4,221,504.00. Following the completion of the transaction, the insider owned 113,410 shares in the company, valued at $8,165,520. This represents a 34.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.60% of the stock is currently owned by insiders.

US Foods Profile

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.