Allspring Global Investments Holdings LLC Invests $6.98 Million in US Foods Holding Corp. $USFD

Allspring Global Investments Holdings LLC purchased a new position in shares of US Foods Holding Corp. (NYSE:USFD) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 93,506 shares of the company’s stock, valued at approximately $6,979,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. True Wealth Design LLC grew its stake in shares of US Foods by 12.2% during the 3rd quarter. True Wealth Design LLC now owns 1,402 shares of the company’s stock worth $107,000 after purchasing an additional 152 shares during the period. Benjamin Edwards Inc. grew its stake in shares of US Foods by 3.3% during the 2nd quarter. Benjamin Edwards Inc. now owns 5,854 shares of the company’s stock worth $451,000 after purchasing an additional 185 shares during the period. Suncoast Equity Management grew its stake in shares of US Foods by 1.7% during the 3rd quarter. Suncoast Equity Management now owns 11,435 shares of the company’s stock worth $876,000 after purchasing an additional 190 shares during the period. GAMMA Investing LLC grew its stake in shares of US Foods by 3.7% during the 4th quarter. GAMMA Investing LLC now owns 5,506 shares of the company’s stock worth $415,000 after purchasing an additional 197 shares during the period. Finally, Xponance Inc. grew its stake in shares of US Foods by 0.7% during the 3rd quarter. Xponance Inc. now owns 29,445 shares of the company’s stock worth $2,256,000 after purchasing an additional 206 shares during the period. 98.76% of the stock is owned by institutional investors and hedge funds.

US Foods Price Performance

Shares of NYSE USFD opened at $90.93 on Tuesday. The stock has a market cap of $20.05 billion, a price-to-earnings ratio of 30.93, a PEG ratio of 1.10 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. The company’s 50-day moving average price is $91.79 and its 200 day moving average price is $81.70. The company has a current ratio of 1.16, a quick ratio of 0.68 and a debt-to-equity ratio of 1.18.

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

Analyst Ratings Changes

USFD has been the topic of a number of recent analyst reports. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $106.00 price target on shares of US Foods in a research note on Friday, February 13th. Citigroup increased their price objective on shares of US Foods from $95.00 to $118.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Deutsche Bank Aktiengesellschaft set a $111.00 price objective on shares of US Foods 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 research note on Monday, December 29th. Finally, BTIG Research increased their price objective on shares of US Foods from $82.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, February 13th. One research 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. Based on data from MarketBeat.com, US Foods has a consensus rating of “Moderate Buy” and a consensus target price of $107.33.

Insider Buying and Selling at US Foods

In related news, insider James David Works, Jr. sold 65,737 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $96.52, for a total transaction of $6,344,935.24. Following the transaction, the insider owned 88,176 shares of the company’s stock, valued at approximately $8,510,747.52. This represents a 42.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 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.