Russell Investments Group Ltd. Has $2.61 Million Stake in US Foods Holding Corp. (NYSE:USFD)

Russell Investments Group Ltd. lowered its holdings in shares of US Foods Holding Corp. (NYSE:USFDFree Report) by 9.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,379 shares of the company’s stock after selling 6,125 shares during the quarter. Russell Investments Group Ltd.’s holdings in US Foods were worth $2,606,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Blue Trust Inc. bought a new position in US Foods in the fourth quarter valued at approximately $30,000. GAMMA Investing LLC bought a new stake in US Foods in the 4th quarter valued at $41,000. Anchor Investment Management LLC acquired a new position in US Foods in the 4th quarter worth $47,000. Fifth Third Bancorp increased its holdings in US Foods by 36.1% during the 3rd quarter. Fifth Third Bancorp now owns 1,191 shares of the company’s stock worth $47,000 after purchasing an additional 316 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale bought a new stake in shares of US Foods in the third quarter valued at about $61,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at US Foods

In other US Foods news, EVP David A. Rickard sold 50,000 shares of the stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $52.52, for a total value of $2,626,000.00. Following the transaction, the executive vice president now directly owns 148,561 shares of the company’s stock, valued at approximately $7,802,423.72. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.70% of the stock is currently owned by corporate insiders.

US Foods Trading Down 0.4 %

US Foods stock opened at $54.61 on Tuesday. US Foods Holding Corp. has a 52 week low of $35.66 and a 52 week high of $55.39. The stock has a market capitalization of $13.43 billion, a P/E ratio of 26.90, a PEG ratio of 0.92 and a beta of 1.58. The stock has a 50-day simple moving average of $52.38 and a 200 day simple moving average of $47.78. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.81 and a current ratio of 1.31.

US Foods (NYSE:USFDGet Free Report) last posted its quarterly earnings results on Thursday, February 15th. The company reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.04). US Foods had a net margin of 1.41% and a return on equity of 13.08%. The business had revenue of $8.94 billion during the quarter, compared to the consensus estimate of $8.81 billion. Analysts expect that US Foods Holding Corp. will post 2.92 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on USFD shares. Barclays increased their price objective on US Foods from $60.00 to $64.00 and gave the stock an “overweight” rating in a report on Friday. JPMorgan Chase & Co. boosted their price objective on shares of US Foods from $50.00 to $52.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 19th. Truist Financial raised their target price on shares of US Foods from $57.00 to $65.00 and gave the company a “buy” rating in a research report on Friday. StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 23rd. Finally, UBS Group raised their price objective on US Foods from $64.00 to $67.00 and gave the company a “buy” rating in a report on Friday. One analyst has rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, US Foods has an average rating of “Buy” and an average target price of $60.56.

Check Out Our Latest Research Report on US Foods

US Foods Company Profile

(Free Report)

US Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.

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Institutional Ownership by Quarter for US Foods (NYSE:USFD)

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