Hsbc Holdings PLC Purchases 9,459 Shares of US Foods Holding Corp. $USFD

Hsbc Holdings PLC grew its position in shares of US Foods Holding Corp. (NYSE:USFD) by 109.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 18,120 shares of the company’s stock after buying an additional 9,459 shares during the quarter. Hsbc Holdings PLC’s holdings in US Foods were worth $1,365,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD lifted its position in shares of US Foods by 412.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,165,611 shares of the company’s stock worth $313,755,000 after purchasing an additional 3,353,396 shares during the period. Bank of Montreal Can lifted its stake in shares of US Foods by 8,056.1% in the fourth quarter. Bank of Montreal Can now owns 2,866,721 shares of the company’s stock worth $215,921,000 after buying an additional 2,831,573 shares in the last quarter. Norges Bank purchased a new position in US Foods in the 4th quarter worth approximately $192,849,000. Wellington Management Group LLP lifted its position in US Foods by 14.2% in the 3rd quarter. Wellington Management Group LLP now owns 12,875,970 shares of the company’s stock valued at $986,557,000 after acquiring an additional 1,599,033 shares in the last quarter. Finally, Capital World Investors lifted its position in US Foods by 10.3% in the 4th quarter. Capital World Investors now owns 12,862,100 shares of the company’s stock valued at $968,773,000 after acquiring an additional 1,197,360 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Wall Street Analysts Forecast Growth

USFD has been the topic of several recent analyst reports. Weiss Ratings cut US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Zacks Research cut shares of US Foods from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Piper Sandler lowered their price objective on shares of US Foods from $103.00 to $88.00 and set a “neutral” rating on the stock in a research report on Monday, June 1st. Citigroup dropped their target price on US Foods from $115.00 to $111.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Finally, BTIG Research cut their price objective on shares of US Foods from $110.00 to $105.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $105.50.

US Foods Trading Down 0.3%

Shares of USFD stock opened at $101.96 on Thursday. 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 stock has a market capitalization of $22.45 billion, a price-to-earnings ratio of 34.33, a price-to-earnings-growth ratio of 1.30 and a beta of 0.79. US Foods Holding Corp. has a 12-month low of $69.88 and a 12-month high of $103.06. The stock’s 50-day moving average price is $88.73 and its 200-day moving average price is $87.65.

US Foods (NYSE:USFD) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.04). US Foods had a net margin of 1.71% and a return on equity of 19.37%. The firm had revenue of $9.61 billion for the quarter, compared to analysts’ expectations of $9.66 billion. During the same quarter in the prior year, the business earned $0.68 EPS. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Equities research analysts predict that US Foods Holding Corp. will post 4.34 EPS for the current fiscal year.

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.