Panagora Asset Management Inc. Purchases 306,513 Shares of US Foods Holding Corp. $USFD

Panagora Asset Management Inc. grew its position in shares of US Foods Holding Corp. (NYSE:USFD) by 25.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,496,933 shares of the company’s stock after acquiring an additional 306,513 shares during the period. Panagora Asset Management Inc. owned about 0.68% of US Foods worth $112,749,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new position in shares of US Foods during the third quarter valued at about $26,000. Steph & Co. bought a new position in shares of US Foods during the fourth quarter valued at about $34,000. Geneos Wealth Management Inc. raised its stake in shares of US Foods by 120.1% during the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after acquiring an additional 263 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of US Foods during the third quarter valued at about $49,000. Finally, Root Financial Partners LLC increased its position in shares of US Foods by 22.4% during the fourth quarter. Root Financial Partners LLC now owns 840 shares of the company’s stock valued at $63,000 after buying an additional 154 shares during the period. 98.76% of the stock is owned by institutional investors.

US Foods Stock Up 0.1%

USFD opened at $93.43 on Monday. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.16. US Foods Holding Corp. has a 1-year low of $69.88 and a 1-year high of $102.13. The company has a market capitalization of $20.58 billion, a PE ratio of 31.46, a PEG ratio of 1.17 and a beta of 0.84. The firm’s 50 day simple moving average is $87.47 and its two-hundred day simple moving average is $85.90.

US Foods (NYSE:USFD) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.04). US Foods had a return on equity of 19.37% and a net margin of 1.71%.The business had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $9.66 billion. During the same quarter in the previous year, the business posted $0.68 earnings per share. The firm’s revenue was up 2.8% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, equities analysts forecast that US Foods Holding Corp. will post 4.41 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Citigroup reduced their price target on shares of US Foods from $115.00 to $111.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Weiss Ratings cut shares of US Foods from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, May 1st. Wall Street Zen cut shares of US Foods from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. lowered their price objective on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th. Finally, BTIG Research lowered their price objective on shares of US Foods from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, US Foods currently has a consensus rating of “Moderate Buy” and an average price target of $105.50.

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.