Assenagon Asset Management S.A. Grows Stock Holdings in US Foods Holding Corp. $USFD

Assenagon Asset Management S.A. boosted its holdings in US Foods Holding Corp. (NYSE:USFD) by 204.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 180,277 shares of the company’s stock after buying an additional 121,105 shares during the quarter. Assenagon Asset Management S.A. owned approximately 0.08% of US Foods worth $13,578,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Fulton Bank N.A. lifted its holdings in US Foods by 4.0% during the 4th quarter. Fulton Bank N.A. now owns 11,702 shares of the company’s stock worth $881,000 after buying an additional 448 shares during the last quarter. Oliver Luxxe Assets LLC boosted its position in shares of US Foods by 6.8% during the 4th quarter. Oliver Luxxe Assets LLC now owns 56,664 shares of the company’s stock worth $4,268,000 after acquiring an additional 3,601 shares in the last quarter. Wedmont Private Capital increased its holdings in shares of US Foods by 29.9% in the 4th quarter. Wedmont Private Capital now owns 3,823 shares of the company’s stock valued at $288,000 after acquiring an additional 880 shares during the last quarter. Nordea Investment Management AB acquired a new stake in shares of US Foods during the 4th quarter worth about $4,834,000. Finally, Sagespring Wealth Partners LLC raised its position in shares of US Foods by 5.1% during the 4th quarter. Sagespring Wealth Partners LLC now owns 4,857 shares of the company’s stock worth $366,000 after acquiring an additional 236 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. UBS Group reaffirmed a “buy” rating and issued a $117.00 price target on shares of US Foods in a report on Friday, February 13th. BMO Capital Markets raised their price objective on shares of US Foods from $95.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Guggenheim boosted their price objective on shares of US Foods from $95.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Zacks Research upgraded shares of US Foods from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 26th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of US Foods in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $107.33.

US Foods Stock Performance

Shares of USFD stock opened at $92.15 on Friday. The stock’s 50-day moving average price is $90.71 and its 200 day moving average price is $81.07. 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 stock has a market capitalization of $20.32 billion, a PE ratio of 31.34, a price-to-earnings-growth ratio of 1.13 and a beta of 0.98. US Foods Holding Corp. has a 52-week low of $57.36 and a 52-week high of $102.13.

US Foods (NYSE:USFD) last posted its quarterly earnings data on Thursday, February 12th. The company reported $1.04 earnings per share for the quarter, topping 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 analysts’ expectations of $9.90 billion. During the same period last year, the firm earned $0.84 EPS. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, equities research analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current year.

Insider Buying and Selling at US Foods

In related news, insider James David Works, Jr. sold 65,737 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $96.52, for a total transaction 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 trade represents a 42.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.60% of the stock is currently owned by corporate insiders.

US Foods Profile

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.