Blueshift Asset Management LLC Has $336,000 Stock Holdings in US Foods Holding Corp. $USFD

Blueshift Asset Management LLC trimmed its position in US Foods Holding Corp. (NYSE:USFD) by 85.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,361 shares of the company’s stock after selling 24,901 shares during the quarter. Blueshift Asset Management LLC’s holdings in US Foods were worth $336,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC boosted its holdings in shares of US Foods by 9.6% in the 1st quarter. LPL Financial LLC now owns 119,044 shares of the company’s stock valued at $7,793,000 after purchasing an additional 10,446 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of US Foods by 25.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 15,325 shares of the company’s stock worth $1,003,000 after buying an additional 3,106 shares during the last quarter. Intrust Bank NA boosted its stake in US Foods by 13.9% in the first quarter. Intrust Bank NA now owns 5,236 shares of the company’s stock valued at $343,000 after buying an additional 637 shares in the last quarter. Primecap Management Co. CA boosted its stake in US Foods by 194.6% in the first quarter. Primecap Management Co. CA now owns 1,941,400 shares of the company’s stock valued at $127,084,000 after buying an additional 1,282,379 shares in the last quarter. Finally, Chicago Partners Investment Group LLC bought a new position in US Foods in the first quarter valued at about $252,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

USFD has been the subject of a number of research reports. Wall Street Zen raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a report on Friday, November 28th. Weiss Ratings reissued a “buy (b)” rating on shares of US Foods in a research note on Monday. Piper Sandler raised their target price 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 upped their price target on shares of US Foods from $80.00 to $88.00 and gave the stock a “buy” rating in a report on Monday, August 11th. Finally, Wells Fargo & Company reiterated an “overweight” rating and issued a $87.00 price target (up from $80.00) on shares of US Foods in a research note on Friday, August 8th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $82.00.

US Foods Stock Down 1.8%

NYSE:USFD opened at $75.64 on Thursday. US Foods Holding Corp. has a one year low of $57.36 and a one year high of $85.11. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.15 and a quick ratio of 0.70. The company has a market cap of $16.86 billion, a PE ratio of 31.52, a P/E/G ratio of 1.04 and a beta of 1.03. The firm’s 50 day simple moving average is $74.83 and its 200 day simple moving average is $77.35.

US Foods (NYSE:USFD) last announced its quarterly earnings results on Thursday, November 6th. The company reported $1.07 earnings per share (EPS) 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 analysts’ expectations of $10.18 billion. US Foods had a net margin of 1.43% and a return on equity of 17.71%. The company’s revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.85 EPS. On average, research analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insider Transactions at US Foods

In related news, insider Steven Guberman sold 58,632 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $72.00, for a total transaction of $4,221,504.00. Following the completion of the transaction, the insider directly owned 113,410 shares of the company’s stock, valued at $8,165,520. This trade represents a 34.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.60% of the stock is currently owned by corporate insiders.

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.