6,609 Shares in US Foods Holding Corp. (NYSE:USFD) Purchased by MQS Management LLC

MQS Management LLC purchased a new stake in US Foods Holding Corp. (NYSE:USFD) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 6,609 shares of the company’s stock, valued at approximately $433,000.

Several other large investors have also recently bought and sold shares of the stock. Norges Bank bought a new position in shares of US Foods during the fourth quarter worth approximately $211,300,000. Artisan Partners Limited Partnership acquired a new position in US Foods in the 4th quarter valued at $171,107,000. Raymond James Financial Inc. bought a new position in US Foods during the 4th quarter worth $48,611,000. AQR Capital Management LLC increased its position in US Foods by 133.8% during the 4th quarter. AQR Capital Management LLC now owns 1,151,913 shares of the company’s stock worth $77,708,000 after buying an additional 659,283 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of US Foods by 307.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 639,558 shares of the company’s stock worth $43,145,000 after buying an additional 482,461 shares in the last quarter. 98.76% of the stock is owned by institutional investors.

US Foods Stock Up 0.4%

USFD stock opened at $80.61 on Monday. The firm has a 50-day moving average price of $76.31 and a 200-day moving average price of $70.28. US Foods Holding Corp. has a 12 month low of $50.49 and a 12 month high of $81.63. The company has a current ratio of 1.17, a quick ratio of 0.74 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $18.65 billion, a P/E ratio of 36.98, a price-to-earnings-growth ratio of 1.16 and a beta of 1.41.

US Foods (NYSE:USFD) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.68 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.01). The company had revenue of $9.35 billion during the quarter, compared to the consensus estimate of $9.42 billion. US Foods had a net margin of 1.38% and a return on equity of 15.58%. US Foods’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.54 EPS. As a group, equities research analysts anticipate that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Insiders Place Their Bets

In other US Foods news, EVP Dirk J. Locascio sold 15,000 shares of the company’s stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $75.00, for a total value of $1,125,000.00. Following the completion of the transaction, the executive vice president owned 115,077 shares of the company’s stock, valued at $8,630,775. This represents a 11.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on USFD shares. Wall Street Zen raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 24th. JPMorgan Chase & Co. increased their target price on shares of US Foods from $82.00 to $85.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 25th. UBS Group lifted their price target on shares of US Foods from $83.00 to $84.00 and gave the company a “buy” rating in a research report on Friday, May 9th. Citigroup assumed coverage on US Foods in a research note on Thursday, May 22nd. They issued a “buy” rating and a $95.00 price target for the company. Finally, Guggenheim reaffirmed a “buy” rating and issued a $80.00 price objective on shares of US Foods in a report on Monday, May 12th. One investment analyst has rated the stock with a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, US Foods currently has a consensus rating of “Buy” and an average price target of $77.00.

US Foods Company Profile

US Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's 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.