DNB Asset Management AS Decreases Position in US Foods Holding Corp. $USFD

DNB Asset Management AS cut its position in US Foods Holding Corp. (NYSE:USFD) by 84.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 3,811 shares of the company’s stock after selling 20,599 shares during the period. DNB Asset Management AS’s holdings in US Foods were worth $287,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. raised its holdings in shares of US Foods by 5,404.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 65,939 shares of the company’s stock valued at $4,967,000 after purchasing an additional 64,741 shares during the last quarter. Baader Bank Aktiengesellschaft purchased a new position in shares of US Foods during the fourth quarter valued at approximately $518,000. Pacer Advisors Inc. raised its holdings in shares of US Foods by 2,127.2% during the fourth quarter. Pacer Advisors Inc. now owns 766,147 shares of the company’s stock valued at $57,706,000 after purchasing an additional 731,747 shares during the last quarter. Argos Wealth Advisors LLC purchased a new position in shares of US Foods during the fourth quarter valued at approximately $1,052,000. Finally, Swiss Life Asset Management Ltd raised its holdings in shares of US Foods by 45.1% during the fourth quarter. Swiss Life Asset Management Ltd now owns 15,202 shares of the company’s stock valued at $1,145,000 after purchasing an additional 4,725 shares during the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

US Foods Stock Performance

Shares of NYSE USFD opened at $81.32 on Friday. The firm has a 50 day moving average of $89.66 and a 200 day moving average of $84.54. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $17.91 billion, a price-to-earnings ratio of 27.38, a price-to-earnings-growth ratio of 1.00 and a beta of 0.90. US Foods Holding Corp. has a 12-month low of $69.88 and a 12-month high of $102.13.

US Foods (NYSE:USFD) last announced its earnings results on Thursday, May 7th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.04). The business had revenue of $9.61 billion for the quarter, compared to the consensus estimate of $9.66 billion. US Foods had a net margin of 1.71% and a return on equity of 19.37%. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.68 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, research analysts anticipate that US Foods Holding Corp. will post 4.51 earnings per share for the current year.

Wall Street Analyst Weigh In

USFD has been the subject of several research reports. BTIG Research decreased their price objective on shares of US Foods from $110.00 to $105.00 and set a “buy” rating for the company in a report on Monday, May 11th. Morgan Stanley set a $94.00 price objective on shares of US Foods and gave the company a “mixed” rating in a report on Friday, February 13th. Wells Fargo & Company boosted their price objective on shares of US Foods from $87.00 to $110.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Sanford C. Bernstein reissued an “outperform” rating and set a $106.00 price objective on shares of US Foods in a report on Friday, February 13th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, US Foods currently has a consensus rating of “Moderate Buy” and a consensus price target of $106.75.

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.