US Foods Holding Corp. $USFD Position Raised by AlphaQuest LLC

AlphaQuest LLC increased its position in US Foods Holding Corp. (NYSE:USFD) by 187.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,924 shares of the company’s stock after buying an additional 14,309 shares during the quarter. AlphaQuest LLC’s holdings in US Foods were worth $1,680,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. SG Americas Securities LLC lifted its stake in US Foods by 323.5% during the third quarter. SG Americas Securities LLC now owns 38,515 shares of the company’s stock valued at $2,951,000 after buying an additional 29,420 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al lifted its position in US Foods by 55.1% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 48,709 shares of the company’s stock worth $3,732,000 after buying an additional 17,300 shares in the last quarter. Artisan Partners Limited Partnership raised its holdings in shares of US Foods by 12.4% during the second quarter. Artisan Partners Limited Partnership now owns 3,207,416 shares of the company’s stock worth $247,003,000 after acquiring an additional 354,747 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in shares of US Foods during the 3rd quarter worth about $3,599,000. Finally, Vestmark Advisory Solutions Inc. acquired a new position in US Foods in the second quarter worth approximately $3,324,000. 98.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on USFD shares. Morgan Stanley set a $92.00 target price on shares of US Foods in a research report on Tuesday, January 20th. Sanford C. Bernstein reissued an “outperform” rating on shares of US Foods in a research report on Friday, November 7th. Guggenheim increased their target price on shares of US Foods from $88.00 to $95.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Wall Street Zen lowered US Foods from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 19th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of US Foods in a research note on Monday, December 29th. Nine research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $90.00.

US Foods Trading Down 0.8%

Shares of NYSE USFD opened at $83.56 on Friday. The company has a 50-day moving average of $78.35 and a two-hundred day moving average of $77.63. US Foods Holding Corp. has a 1-year low of $57.36 and a 1-year high of $85.85. The company has a current ratio of 1.15, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. The company has a market cap of $18.63 billion, a PE ratio of 34.81, a P/E/G ratio of 1.06 and a beta of 1.03.

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

Insiders Place Their Bets

In other US Foods news, insider Steven Guberman sold 58,632 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $72.00, for a total value of $4,221,504.00. Following the transaction, the insider directly owned 113,410 shares of the company’s stock, valued at approximately $8,165,520. This trade represents a 34.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.60% of the stock is owned by corporate insiders.

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.