Jag Capital Management LLC Acquires New Shares in US Foods Holding Corp. $USFD

Jag Capital Management LLC bought a new position in US Foods Holding Corp. (NYSE:USFD) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 5,975 shares of the company’s stock, valued at approximately $551,000.

Several other hedge funds have also recently modified their holdings of the business. Avalon Trust Co lifted its holdings in US Foods by 66.0% in the first quarter. Avalon Trust Co now owns 237,290 shares of the company’s stock valued at $21,881,000 after acquiring an additional 94,359 shares during the period. Westover Capital Advisors LLC increased its position in US Foods by 6.8% in the first quarter. Westover Capital Advisors LLC now owns 26,927 shares of the company’s stock worth $2,483,000 after buying an additional 1,719 shares in the last quarter. Marks Group Wealth Management Inc purchased a new stake in US Foods in the first quarter worth about $444,000. Bank of New York Mellon Corp raised its stake in shares of US Foods by 2.5% in the first quarter. Bank of New York Mellon Corp now owns 1,449,124 shares of the company’s stock worth $133,624,000 after buying an additional 35,854 shares during the period. Finally, Illinois Municipal Retirement Fund raised its stake in shares of US Foods by 6.4% in the first quarter. Illinois Municipal Retirement Fund now owns 164,754 shares of the company’s stock worth $15,192,000 after buying an additional 9,913 shares during the period. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Trading Up 2.2%

US Foods stock opened at $99.20 on Friday. US Foods Holding Corp. has a 1 year low of $69.88 and a 1 year high of $105.17. The firm’s 50 day moving average price is $90.85 and its 200-day moving average price is $89.56. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.14 and a quick ratio of 0.70. The stock has a market cap of $21.85 billion, a P/E ratio of 33.40, a PEG ratio of 1.24 and a beta of 0.79.

US Foods (NYSE:USFD) last issued its earnings results on Thursday, May 7th. The company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). The company had revenue of $9.61 billion for the quarter, compared to the consensus estimate of $9.66 billion. US Foods had a return on equity of 19.37% and a net margin of 1.71%.US Foods’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.68 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities analysts predict that US Foods Holding Corp. will post 4.35 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on USFD. Wall Street Zen downgraded US Foods from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. JPMorgan Chase & Co. lowered their price target on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, May 14th. Weiss Ratings lowered shares of US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, May 1st. BTIG Research decreased their price objective on shares of US Foods from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Finally, TD Cowen started coverage on shares of US Foods in a research note on Tuesday, July 7th. They set a “buy” rating and a $116.00 target price on the stock. Eleven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, US Foods currently has an average rating of “Moderate Buy” and a consensus target price of $107.00.

About US Foods

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.