2,862 Shares in US Foods Holding Corp. $USFD Acquired by Wedmont Private Capital

Wedmont Private Capital bought a new position in shares of US Foods Holding Corp. (NYSE:USFD) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,862 shares of the company’s stock, valued at approximately $229,000.

A number of other institutional investors have also recently bought and sold shares of USFD. ProShare Advisors LLC grew its holdings in US Foods by 2.2% during the 4th quarter. ProShare Advisors LLC now owns 10,898 shares of the company’s stock worth $735,000 after acquiring an additional 238 shares during the period. Two Sigma Advisers LP acquired a new stake in US Foods during the 4th quarter worth $2,098,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in US Foods by 10.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 795,248 shares of the company’s stock worth $53,647,000 after acquiring an additional 77,418 shares during the period. Focus Partners Advisor Solutions LLC acquired a new stake in US Foods during the 4th quarter worth $232,000. Finally, Brooklyn FI LLC acquired a new stake in US Foods during the 4th quarter worth $445,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on USFD shares. Barclays lifted their target price on shares of US Foods from $85.00 to $95.00 and gave the stock an “overweight” rating in a report on Wednesday, June 4th. Wall Street Zen raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a report on Friday, September 5th. Piper Sandler boosted their price target on shares of US Foods from $77.00 to $85.00 and gave the company an “overweight” rating in a report on Tuesday, September 2nd. Morgan Stanley reissued an “overweight” rating and issued a $89.00 price target (up previously from $84.00) on shares of US Foods in a report on Monday, July 14th. Finally, JPMorgan Chase & Co. boosted their price target on shares of US Foods from $82.00 to $85.00 and gave the company a “neutral” rating in a report on Wednesday, June 25th. 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. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $81.27.

US Foods Price Performance

Shares of NYSE USFD opened at $78.34 on Monday. The firm has a market cap of $17.64 billion, a PE ratio of 33.48, a PEG ratio of 1.10 and a beta of 1.39. The company has a current ratio of 1.17, a quick ratio of 0.73 and a debt-to-equity ratio of 1.02. US Foods Holding Corp. has a 1-year low of $57.36 and a 1-year high of $85.11. The company has a fifty day moving average price of $79.91 and a 200 day moving average price of $73.92.

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

Insiders Place Their Bets

In related news, EVP Dirk J. Locascio sold 7,500 shares of the company’s stock in a transaction on Thursday, July 10th. The shares were sold at an average price of $80.00, for a total value of $600,000.00. Following the completion of the transaction, the executive vice president directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.60% of the company’s stock.

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.