TD Asset Management Inc Makes New Investment in US Foods Holding Corp. $USFD

TD Asset Management Inc purchased a new stake in US Foods Holding Corp. (NYSE:USFD) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 19,278 shares of the company’s stock, valued at approximately $1,477,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Parkside Financial Bank & Trust boosted its stake in US Foods by 303.7% during the third quarter. Parkside Financial Bank & Trust now owns 327 shares of the company’s stock worth $25,000 after buying an additional 246 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of US Foods by 120.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after acquiring an additional 263 shares during the last quarter. First Horizon Corp purchased a new position in shares of US Foods during the 3rd quarter worth approximately $39,000. MAI Capital Management increased its holdings in US Foods by 155.6% in the 2nd quarter. MAI Capital Management now owns 529 shares of the company’s stock valued at $41,000 after purchasing an additional 322 shares during the last quarter. Finally, Quent Capital LLC purchased a new stake in US Foods in the third quarter valued at approximately $43,000. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on USFD shares. Citigroup boosted their price objective on US Foods from $95.00 to $118.00 and gave the company a “buy” rating in a report on Friday, February 13th. BMO Capital Markets lifted their target price on US Foods from $95.00 to $115.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Sanford C. Bernstein reissued an “outperform” rating and set a $106.00 price target on shares of US Foods in a research report on Friday, February 13th. Wall Street Zen cut shares of US Foods from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of US Foods in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $107.33.

Insider Transactions at US Foods

In other news, insider James David Works, Jr. sold 65,737 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $96.52, for a total transaction of $6,344,935.24. Following the completion of the transaction, the insider directly owned 88,176 shares of the company’s stock, valued at approximately $8,510,747.52. This represents a 42.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.60% of the stock is owned by company insiders.

US Foods Stock Down 1.1%

Shares of NYSE:USFD opened at $92.16 on Friday. US Foods Holding Corp. has a fifty-two week low of $57.36 and a fifty-two week high of $102.13. The firm’s 50 day moving average price is $86.50 and its 200 day moving average price is $79.65. The company has a quick ratio of 0.68, a current ratio of 1.16 and a debt-to-equity ratio of 1.18. The stock has a market cap of $20.32 billion, a price-to-earnings ratio of 31.35, a price-to-earnings-growth ratio of 1.14 and a beta of 0.98.

US Foods (NYSE:USFD) last announced its quarterly earnings data on Thursday, February 12th. The company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. The company had revenue of $9.80 billion for the quarter, compared to the consensus estimate of $9.90 billion. US Foods had a net margin of 1.71% and a return on equity of 18.74%. The company’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.84 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, equities research analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

US Foods Company 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.