AlphaQuest LLC raised its position in US Foods Holding Corp. (NYSE:USFD – Free Report) by 201.0% during the second quarter, HoldingsChannel.com reports. The firm owned 7,615 shares of the company’s stock after buying an additional 5,085 shares during the quarter. AlphaQuest LLC’s holdings in US Foods were worth $586,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in USFD. Caitong International Asset Management Co. Ltd bought a new stake in shares of US Foods during the 1st quarter worth about $31,000. V Square Quantitative Management LLC boosted its stake in US Foods by 58.7% during the 2nd quarter. V Square Quantitative Management LLC now owns 541 shares of the company’s stock valued at $42,000 after purchasing an additional 200 shares during the period. Signaturefd LLC boosted its stake in US Foods by 19.7% during the 1st quarter. Signaturefd LLC now owns 1,302 shares of the company’s stock valued at $85,000 after purchasing an additional 214 shares during the period. Rosenberg Matthew Hamilton boosted its stake in US Foods by 1,474.0% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 1,149 shares of the company’s stock valued at $88,000 after purchasing an additional 1,076 shares during the period. Finally, Banque Transatlantique SA bought a new stake in US Foods during the 1st quarter valued at approximately $91,000. Institutional investors own 98.76% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on the company. Guggenheim increased their target price on US Foods from $80.00 to $88.00 and gave the company a “buy” rating in a research note on Monday, August 11th. Morgan Stanley reaffirmed an “overweight” rating and issued a $89.00 price target (up previously from $84.00) on shares of US Foods in a report on Monday, July 14th. UBS Group upped their price target on US Foods from $84.00 to $96.00 and gave the company a “buy” rating in a report on Monday, July 28th. Piper Sandler increased their target price on US Foods from $77.00 to $85.00 and gave the stock an “overweight” rating in a report on Tuesday, September 2nd. Finally, Wall Street Zen raised US Foods from a “buy” rating to a “strong-buy” rating in a report on Friday, September 5th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $82.42.
US Foods Stock Up 0.3%
NYSE:USFD opened at $74.44 on Wednesday. US Foods Holding Corp. has a 12-month low of $57.36 and a 12-month high of $85.11. The company has a quick ratio of 0.73, a current ratio of 1.17 and a debt-to-equity ratio of 1.02. The firm has a market capitalization of $16.76 billion, a P/E ratio of 31.81, a P/E/G ratio of 1.04 and a beta of 1.36. The stock’s fifty day simple moving average is $76.95 and its 200-day simple moving average is $76.12.
US Foods (NYSE:USFD – Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.05. US Foods had a return on equity of 16.86% and a net margin of 1.43%.The business had revenue of $10.08 billion for the quarter, compared to analyst estimates of $10.17 billion. During the same period last year, the company earned $0.93 EPS. The firm’s revenue was up 3.8% on a year-over-year basis. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. Equities research analysts expect that US Foods Holding Corp. will post 3.59 earnings per share for the current year.
About US Foods
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.
Featured Articles
- Five stocks we like better than US Foods
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- The Drone Arms Race: From Battlefield to Balance Sheet
- Airline Stocks – Top Airline Stocks to Buy Now
- Why Wall Street Is Backing These 3 Comeback Stocks
- How to Start Investing in Real Estate
- Intel’s Breakout Quarter: More Than a Beat, It’s a Declaration
Want to see what other hedge funds are holding USFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for US Foods Holding Corp. (NYSE:USFD – Free Report).
Receive News & Ratings for US Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Foods and related companies with MarketBeat.com's FREE daily email newsletter.
