Boothbay Fund Management LLC Grows Stock Holdings in US Foods Holding Corp. $USFD

Boothbay Fund Management LLC boosted its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 16.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 77,298 shares of the company’s stock after purchasing an additional 10,818 shares during the period. Boothbay Fund Management LLC’s holdings in US Foods were worth $5,923,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its holdings in shares of US Foods by 85.8% during the 1st quarter. Royal Bank of Canada now owns 148,512 shares of the company’s stock valued at $9,722,000 after buying an additional 68,567 shares during the period. Empowered Funds LLC purchased a new stake in US Foods during the first quarter valued at $359,000. Sivia Capital Partners LLC purchased a new stake in US Foods during the second quarter valued at $526,000. Campbell & CO Investment Adviser LLC bought a new position in US Foods in the second quarter valued at about $337,000. Finally, ProShare Advisors LLC boosted its position in US Foods by 4.5% in the second quarter. ProShare Advisors LLC now owns 10,257 shares of the company’s stock worth $790,000 after purchasing an additional 442 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Analyst Ratings Changes

USFD has been the subject of a number of recent research reports. Guggenheim boosted their price target on US Foods from $95.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Weiss Ratings reissued a “buy (b)” rating on shares of US Foods in a report on Monday, December 29th. Morgan Stanley set a $94.00 target price on shares of US Foods and gave the company a “mixed” rating in a research report on Friday, February 13th. Piper Sandler cut shares of US Foods from an “overweight” rating to a “neutral” rating and upped their target price for the company from $85.00 to $103.00 in a report on Friday, February 13th. Finally, Barclays increased their price target on shares of US Foods from $90.00 to $104.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $107.33.

US Foods Stock Up 2.2%

NYSE USFD opened at $94.67 on Monday. US Foods Holding Corp. has a 52 week low of $57.36 and a 52 week high of $102.13. The company has a quick ratio of 0.68, a current ratio of 1.16 and a debt-to-equity ratio of 1.18. The company has a market capitalization of $20.88 billion, a P/E ratio of 32.20, a price-to-earnings-growth ratio of 1.16 and a beta of 0.97. The stock’s 50-day moving average price is $88.44 and its 200-day moving average price is $80.28.

US Foods (NYSE:USFD) last announced its quarterly earnings data on Thursday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. US Foods had a return on equity of 18.74% and a net margin of 1.71%.The company had revenue of $9.80 billion during the quarter, compared to the consensus estimate of $9.90 billion. During the same period in the previous year, the company posted $0.84 EPS. The firm’s revenue was up 3.3% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities research analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insider Buying and Selling at US Foods

In other news, insider James David Works, Jr. sold 65,737 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $96.52, for a total value of $6,344,935.24. Following the completion of the sale, the insider directly owned 88,176 shares of the company’s stock, valued at $8,510,747.52. This represents a 42.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.60% of the stock is currently owned by insiders.

About US Foods

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.