UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $64.77 Million Holdings in US Foods Holding Corp. $USFD

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in US Foods Holding Corp. (NYSE:USFD) by 24.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 989,406 shares of the company’s stock after buying an additional 194,158 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.43% of US Foods worth $64,767,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Boston Partners lifted its position in shares of US Foods by 29.1% in the first quarter. Boston Partners now owns 16,457,351 shares of the company’s stock worth $1,076,225,000 after buying an additional 3,713,345 shares during the last quarter. Wellington Management Group LLP lifted its position in shares of US Foods by 3.7% during the 1st quarter. Wellington Management Group LLP now owns 11,836,323 shares of the company’s stock worth $774,806,000 after purchasing an additional 426,288 shares during the last quarter. Invesco Ltd. lifted its position in shares of US Foods by 21.8% during the 1st quarter. Invesco Ltd. now owns 7,546,048 shares of the company’s stock worth $493,964,000 after purchasing an additional 1,350,034 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of US Foods by 120.3% during the 1st quarter. AQR Capital Management LLC now owns 2,537,434 shares of the company’s stock worth $162,853,000 after purchasing an additional 1,385,521 shares during the last quarter. Finally, Primecap Management Co. CA lifted its position in shares of US Foods by 194.6% during the 1st quarter. Primecap Management Co. CA now owns 1,941,400 shares of the company’s stock worth $127,084,000 after purchasing an additional 1,282,379 shares during the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Stock Down 0.3%

NYSE USFD opened at $79.63 on Monday. The firm has a market cap of $17.93 billion, a PE ratio of 34.03, a price-to-earnings-growth ratio of 1.11 and a beta of 1.39. US Foods Holding Corp. has a one year low of $57.36 and a one year high of $85.11. The stock’s 50 day simple moving average is $80.01 and its 200 day simple moving average is $73.60. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.17 and a quick ratio of 0.73.

US Foods (NYSE:USFD) last released its quarterly earnings results on Thursday, August 7th. The company reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.14 by $0.05. The business had revenue of $10.08 billion for the quarter, compared to analyst estimates of $10.17 billion. US Foods had a return on equity of 16.86% and a net margin of 1.43%.US Foods’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.93 EPS. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. As a group, sell-side analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on USFD shares. Morgan Stanley reissued an “overweight” rating and set a $89.00 price objective (up previously from $84.00) on shares of US Foods in a research report on Monday, July 14th. Guggenheim boosted their price objective on US Foods from $80.00 to $88.00 and gave the stock a “buy” rating in a research report on Monday, August 11th. Wells Fargo & Company reissued an “overweight” rating and set a $87.00 price objective (up previously from $80.00) on shares of US Foods in a research report on Friday, August 8th. Barclays boosted their price objective on US Foods from $85.00 to $95.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 4th. Finally, Citigroup began coverage on US Foods in a research report on Thursday, May 22nd. They set a “buy” rating and a $95.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $81.27.

Insider Transactions at US Foods

In other US Foods news, EVP Dirk J. Locascio sold 7,500 shares of the company’s stock in a transaction on Thursday, July 10th. The stock was sold at an average price of $80.00, for a total transaction of $600,000.00. Following the transaction, the executive vice president owned 115,077 shares of the company’s stock, valued at approximately $9,206,160. This represents a 6.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.60% of the company’s stock.

US Foods Profile

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.