Cipher Capital LP Has $447,000 Stake in US Foods Holding Corp (USFD)

Cipher Capital LP reduced its stake in US Foods Holding Corp (NYSE:USFD) by 72.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,135 shares of the company’s stock after selling 37,649 shares during the period. Cipher Capital LP’s holdings in US Foods were worth $447,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Paloma Partners Management Co acquired a new stake in US Foods in the fourth quarter valued at $456,000. Carbonado Capital raised its stake in US Foods by 13.7% in the fourth quarter. Carbonado Capital now owns 534,500 shares of the company’s stock valued at $16,912,000 after buying an additional 64,401 shares in the last quarter. Zacks Investment Management acquired a new stake in US Foods in the fourth quarter valued at $2,374,000. Suntrust Banks Inc. acquired a new stake in US Foods in the fourth quarter valued at $208,000. Finally, Bank of America Corp DE raised its stake in US Foods by 42.5% in the fourth quarter. Bank of America Corp DE now owns 746,832 shares of the company’s stock valued at $23,630,000 after buying an additional 222,723 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

USFD opened at $34.56 on Tuesday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.82 and a current ratio of 1.43. US Foods Holding Corp has a one year low of $27.51 and a one year high of $40.92. The stock has a market cap of $7.41 billion, a PE ratio of 17.02, a PEG ratio of 0.83 and a beta of 0.54.

US Foods (NYSE:USFD) last posted its earnings results on Tuesday, February 12th. The company reported $0.56 EPS for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.04). US Foods had a return on equity of 14.18% and a net margin of 1.68%. The firm had revenue of $6.04 billion for the quarter, compared to analyst estimates of $5.98 billion. During the same quarter last year, the firm posted $0.44 EPS. The firm’s revenue for the quarter was up .8% on a year-over-year basis. As a group, equities research analysts anticipate that US Foods Holding Corp will post 2.2 EPS for the current year.

In related news, insider David A. Rickard sold 8,558 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $34.81, for a total transaction of $297,903.98. Following the transaction, the insider now owns 32,100 shares of the company’s stock, valued at $1,117,401. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Dirk J. Locascio sold 24,068 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $34.24, for a total value of $824,088.32. Following the transaction, the chief financial officer now directly owns 33,566 shares in the company, valued at approximately $1,149,299.84. The disclosure for this sale can be found here. Insiders have sold 43,460 shares of company stock worth $1,506,491 in the last quarter. Insiders own 0.57% of the company’s stock.

A number of analysts have weighed in on USFD shares. Pivotal Research restated a “hold” rating and issued a $32.00 price target on shares of US Foods in a research note on Wednesday, February 13th. TheStreet upgraded US Foods from a “c” rating to a “b-” rating in a research report on Tuesday, December 18th. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $37.89.

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US Foods Company Profile

US Foods Holding Corp., through its subsidiary, US Foods, Inc, markets and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States. Its 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.

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Institutional Ownership by Quarter for US Foods (NYSE:USFD)

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