Citigroup Inc. Increases Holdings in US Foods Holding Corp. $USFD

Citigroup Inc. lifted its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 50.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 722,175 shares of the company’s stock after purchasing an additional 243,539 shares during the period. Citigroup Inc. owned about 0.32% of US Foods worth $55,333,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in USFD. Norges Bank purchased a new stake in US Foods during the second quarter worth about $184,413,000. Primecap Management Co. CA increased its stake in shares of US Foods by 84.4% during the 2nd quarter. Primecap Management Co. CA now owns 3,580,710 shares of the company’s stock worth $275,750,000 after purchasing an additional 1,639,310 shares during the last quarter. Holocene Advisors LP purchased a new stake in shares of US Foods during the 2nd quarter worth approximately $64,220,000. Jupiter Asset Management Ltd. raised its holdings in shares of US Foods by 1,027.7% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 652,114 shares of the company’s stock worth $49,965,000 after purchasing an additional 594,289 shares during the period. Finally, Burgundy Asset Management Ltd. lifted its stake in US Foods by 31.0% in the second quarter. Burgundy Asset Management Ltd. now owns 2,206,740 shares of the company’s stock valued at $169,941,000 after purchasing an additional 522,586 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.

Wall Street Analysts Forecast Growth

USFD has been the subject of a number of recent research reports. UBS Group reissued a “buy” rating and issued a $117.00 target price on shares of US Foods in a research report on Friday, February 13th. Guggenheim increased their price target on US Foods from $95.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Morgan Stanley set a $94.00 price objective on US Foods and gave the company a “mixed” rating in a research note on Friday, February 13th. Wall Street Zen downgraded shares of US Foods from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Finally, Citigroup lifted their target price on shares of US Foods from $95.00 to $118.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $107.33.

US Foods Stock Down 0.7%

Shares of NYSE USFD opened at $96.03 on Tuesday. 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 cap of $21.18 billion, a P/E ratio of 32.66, a P/E/G ratio of 1.18 and a beta of 1.02. US Foods Holding Corp. has a 52 week low of $57.36 and a 52 week high of $102.13. The business has a 50-day simple moving average of $83.64 and a two-hundred day simple moving average of $78.74.

US Foods (NYSE:USFD) last announced its quarterly earnings results on Thursday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. US Foods had a net margin of 1.71% and a return on equity of 18.74%. The firm had revenue of $9.80 billion for the quarter, compared to the consensus estimate of $9.90 billion. During the same period in the prior year, the firm posted $0.84 earnings per share. The company’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. Research analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Insider Activity at US Foods

In other news, insider James David Works, Jr. sold 65,737 shares of the company’s 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 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.60% of the stock is owned by company 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.