US Foods Holding Corp. $USFD Shares Bought by Creative Planning

Creative Planning grew its holdings in US Foods Holding Corp. (NYSE:USFD) by 9.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,413 shares of the company’s stock after buying an additional 2,032 shares during the quarter. Creative Planning’s holdings in US Foods were worth $1,803,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of USFD. Caitong International Asset Management Co. Ltd acquired a new stake in US Foods in the first quarter valued at $31,000. V Square Quantitative Management LLC increased its holdings in shares of US Foods by 58.7% in the 2nd quarter. V Square Quantitative Management LLC now owns 541 shares of the company’s stock valued at $42,000 after purchasing an additional 200 shares in the last quarter. Assetmark Inc. increased its holdings in shares of US Foods by 41.1% in the 2nd quarter. Assetmark Inc. now owns 931 shares of the company’s stock valued at $72,000 after purchasing an additional 271 shares in the last quarter. Rosenberg Matthew Hamilton lifted its stake in shares of US Foods by 1,474.0% in the second quarter. Rosenberg Matthew Hamilton now owns 1,149 shares of the company’s stock valued at $88,000 after purchasing an additional 1,076 shares during the period. Finally, Banque Transatlantique SA purchased a new stake in US Foods during the first quarter worth about $91,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

Insider Activity

In related news, insider Steven Guberman sold 58,632 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $72.00, for a total transaction of $4,221,504.00. Following the transaction, the insider owned 113,410 shares of the company’s stock, valued at approximately $8,165,520. This represents a 34.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

USFD has been the subject of a number of research reports. Piper Sandler lifted their price target on shares of US Foods from $77.00 to $85.00 and gave the company an “overweight” rating in a research report on Tuesday, September 2nd. Guggenheim raised their price objective on US Foods from $80.00 to $88.00 and gave the company a “buy” rating in a research note on Monday, August 11th. Barclays reduced their price objective on US Foods from $95.00 to $90.00 and set an “overweight” rating for the company in a report on Friday, November 7th. Weiss Ratings reissued a “buy (b)” rating on shares of US Foods in a report on Monday. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $87.00 price target (up previously from $80.00) on shares of US Foods in a research note on Friday, August 8th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $82.00.

US Foods Stock Down 0.2%

Shares of NYSE:USFD opened at $78.72 on Thursday. The company has a quick ratio of 0.70, a current ratio of 1.15 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $17.55 billion, a P/E ratio of 32.80, a P/E/G ratio of 1.07 and a beta of 1.34. US Foods Holding Corp. has a 52-week low of $57.36 and a 52-week high of $85.11. The stock’s fifty day simple moving average is $74.85 and its 200-day simple moving average is $77.26.

US Foods (NYSE:USFD) last announced its earnings results on Thursday, November 6th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.02. The firm had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.18 billion. US Foods had a net margin of 1.43% and a return on equity of 17.71%. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.85 EPS. As a group, equities research analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

US Foods Company 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.