Nisa Investment Advisors LLC Has $843,000 Position in US Foods Holding Corp. (NYSE:USFD)

Nisa Investment Advisors LLC reduced its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 83.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,875 shares of the company’s stock after selling 65,070 shares during the period. Nisa Investment Advisors LLC’s holdings in US Foods were worth $843,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in USFD. Colonial Trust Co SC bought a new stake in US Foods in the fourth quarter valued at approximately $25,000. GeoWealth Management LLC boosted its holdings in shares of US Foods by 94.5% in the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company’s stock valued at $26,000 after buying an additional 189 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $32,000 after purchasing an additional 178 shares during the last quarter. Legacy Investment Solutions LLC acquired a new position in US Foods during the fourth quarter worth $32,000. Finally, True Wealth Design LLC boosted its holdings in US Foods by 153.6% during the fourth quarter. True Wealth Design LLC now owns 492 shares of the company’s stock worth $33,000 after purchasing an additional 298 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently commented on USFD. Wall Street Zen raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 24th. UBS Group increased their price objective on shares of US Foods from $83.00 to $84.00 and gave the stock a “buy” rating in a research note on Friday, May 9th. Citigroup assumed coverage on shares of US Foods in a research note on Thursday, May 22nd. They issued a “buy” rating and a $95.00 price target on the stock. Wells Fargo & Company restated an “overweight” rating on shares of US Foods in a research note on Sunday. Finally, Guggenheim restated a “buy” rating and issued a $80.00 price target on shares of US Foods in a research note on Monday, May 12th. One research analyst has rated the stock with a hold rating, ten have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $77.42.

Insider Activity at US Foods

In related news, EVP Dirk J. Locascio sold 15,000 shares of US Foods stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $75.00, for a total value of $1,125,000.00. Following the transaction, the executive vice president directly owned 115,077 shares of the company’s stock, valued at $8,630,775. The trade was a 11.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.60% of the company’s stock.

US Foods Price Performance

Shares of NYSE:USFD opened at $81.07 on Wednesday. The company has a 50-day moving average price of $76.86 and a two-hundred day moving average price of $70.45. The company has a quick ratio of 0.74, a current ratio of 1.17 and a debt-to-equity ratio of 1.02. US Foods Holding Corp. has a twelve month low of $50.49 and a twelve month high of $82.62. The firm has a market capitalization of $18.76 billion, a PE ratio of 37.19, a P/E/G ratio of 1.18 and a beta of 1.41.

US Foods (NYSE:USFD) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.01). The firm had revenue of $9.35 billion during the quarter, compared to the consensus estimate of $9.42 billion. US Foods had a net margin of 1.38% and a return on equity of 15.58%. US Foods’s revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.54 earnings per share. Equities analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current year.

About US Foods

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.