UBS Asset Management Americas Inc. Acquires 37,365 Shares of US Foods Holding Corp (NASDAQ:USFD)

UBS Asset Management Americas Inc. increased its stake in shares of US Foods Holding Corp (NASDAQ:USFD) by 316.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 49,183 shares of the company’s stock after buying an additional 37,365 shares during the period. UBS Asset Management Americas Inc.’s holdings in US Foods Holding Corp were worth $1,376,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of US Foods Holding Corp during the first quarter valued at about $105,000. Great West Life Assurance Co. Can raised its stake in shares of US Foods Holding Corp by 77.3% in the first quarter. Great West Life Assurance Co. Can now owns 10,995 shares of the company’s stock valued at $307,000 after buying an additional 4,795 shares during the period. First Quadrant L P CA raised its stake in shares of US Foods Holding Corp by 9.8% in the first quarter. First Quadrant L P CA now owns 83,997 shares of the company’s stock valued at $2,350,000 after buying an additional 7,474 shares during the period. Nationwide Fund Advisors raised its stake in shares of US Foods Holding Corp by 4.9% in the first quarter. Nationwide Fund Advisors now owns 205,100 shares of the company’s stock valued at $5,739,000 after buying an additional 9,500 shares during the period. Finally, Icon Advisers Inc. Co. acquired a new stake in shares of US Foods Holding Corp during the first quarter valued at about $411,000.

US Foods Holding Corp (NASDAQ:USFD) traded up 0.49% during trading on Tuesday, hitting $28.61. 2,361,178 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $27.65 and its 200 day moving average price is $27.83. The firm has a market cap of $6.35 billion and a price-to-earnings ratio of 27.86. US Foods Holding Corp has a 12-month low of $22.19 and a 12-month high of $30.73.

US Foods Holding Corp (NASDAQ:USFD) last issued its quarterly earnings data on Tuesday, May 9th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by $0.02. The firm had revenue of $5.78 billion for the quarter, compared to analyst estimates of $5.78 billion. US Foods Holding Corp had a return on equity of 4.21% and a net margin of 0.46%. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. Equities analysts forecast that US Foods Holding Corp will post $1.34 earnings per share for the current fiscal year.

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Several analysts recently issued reports on the stock. Loop Capital assumed coverage on shares of US Foods Holding Corp in a research report on Monday, May 15th. They set a “hold” rating and a $31.00 target price for the company. Guggenheim restated a “buy” rating and set a $33.00 target price (up from $30.00) on shares of US Foods Holding Corp in a research report on Monday, May 15th. Pivotal Research boosted their target price on shares of US Foods Holding Corp from $25.00 to $29.00 and gave the company a “hold” rating in a research report on Wednesday, May 10th. Royal Bank Of Canada restated a “buy” rating on shares of US Foods Holding Corp in a research report on Tuesday, April 18th. Finally, BMO Capital Markets set a $29.00 price target on shares of US Foods Holding Corp and gave the stock a “hold” rating in a research report on Friday. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. US Foods Holding Corp has a consensus rating of “Buy” and a consensus price target of $30.78.

In related news, major shareholder Usf Co-Investor No. 2 L.P Cdr sold 22,655,559 shares of US Foods Holding Corp stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $28.25, for a total value of $640,019,541.75. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Pietro Satriano sold 89,932 shares of US Foods Holding Corp stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $28.25, for a total transaction of $2,540,579.00. Following the completion of the sale, the insider now directly owns 164,366 shares in the company, valued at approximately $4,643,339.50. The disclosure for this sale can be found here. Insiders have sold a total of 23,344,441 shares of company stock worth $659,480,458 in the last ninety days.

US Foods Holding Corp Company Profile

US Foods Holding Corp. is a holding company. The Company is a foodservice distributor in the United States. The Company, through US Foods, Inc (USF), markets and primarily distributes fresh, frozen and dry food and non-food products to foodservice customers throughout the United States. These 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.

Institutional Ownership by Quarter for US Foods Holding Corp (NASDAQ:USFD)

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