Nordea Investment Management AB Makes New Investment in US Foods Holding Corp. $USFD

Nordea Investment Management AB bought a new stake in US Foods Holding Corp. (NYSE:USFD) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 64,031 shares of the company’s stock, valued at approximately $4,834,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC grew its stake in shares of US Foods by 323.5% in the third quarter. SG Americas Securities LLC now owns 38,515 shares of the company’s stock worth $2,951,000 after purchasing an additional 29,420 shares in the last quarter. CIBC Bancorp USA Inc. bought a new stake in shares of US Foods during the third quarter valued at about $40,375,000. CENTRAL TRUST Co raised its stake in shares of US Foods by 30,283.3% during the third quarter. CENTRAL TRUST Co now owns 5,469 shares of the company’s stock valued at $419,000 after purchasing an additional 5,451 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al lifted its holdings in US Foods by 55.1% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 48,709 shares of the company’s stock worth $3,732,000 after purchasing an additional 17,300 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new position in US Foods in the 3rd quarter valued at about $3,599,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on USFD shares. Weiss Ratings reissued a “buy (b)” rating on shares of US Foods in a research note on Monday, December 29th. Wall Street Zen lowered shares of US Foods from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. Guggenheim increased their price objective on shares of US Foods from $95.00 to $115.00 and gave the company a “buy” rating in a report on Friday, February 13th. Zacks Research upgraded shares of US Foods from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 26th. Finally, Wells Fargo & Company boosted their target price on US Foods from $87.00 to $110.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $107.33.

Insider Activity at US Foods

In related news, insider James David Works, Jr. sold 65,737 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $96.52, for a total transaction of $6,344,935.24. Following the completion of the sale, the insider directly owned 88,176 shares of the company’s stock, valued at $8,510,747.52. This represents a 42.71% decrease in their ownership of the stock. 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 owned by insiders.

US Foods Price Performance

NYSE:USFD opened at $92.15 on Friday. 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 business’s 50-day moving average price is $90.71 and its 200 day moving average price is $81.07. US Foods Holding Corp. has a 52-week low of $57.36 and a 52-week high of $102.13. The firm has a market cap of $20.32 billion, a P/E ratio of 31.34, a PEG ratio of 1.13 and a beta of 0.98.

US Foods (NYSE:USFD) last issued its quarterly earnings results on Thursday, February 12th. The company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. US Foods had a net margin of 1.71% and a return on equity of 18.74%. The company had revenue of $9.80 billion during the quarter, compared to the consensus estimate of $9.90 billion. During the same period in the prior year, the company earned $0.84 EPS. US Foods’s revenue was up 3.3% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, sell-side 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.