David W. Bullock Acquires 4,000 Shares of US Foods Holding Corp. (NYSE:USFD) Stock

US Foods Holding Corp. (NYSE:USFD) Director David W. Bullock acquired 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was acquired at an average cost of $71.06 per share, with a total value of $284,240.00. Following the transaction, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. This represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

US Foods Stock Up 0.1 %

US Foods stock opened at $71.66 on Friday. US Foods Holding Corp. has a 12 month low of $49.65 and a 12 month high of $73.19. The stock has a market capitalization of $16.51 billion, a PE ratio of 35.48, a price-to-earnings-growth ratio of 0.95 and a beta of 1.67. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. The business has a 50 day simple moving average of $69.16 and a 200-day simple moving average of $64.52.

US Foods (NYSE:USFD) last released its earnings results on Thursday, February 13th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.01). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The firm had revenue of $9.49 billion during the quarter, compared to analysts’ expectations of $9.47 billion. On average, analysts anticipate that US Foods Holding Corp. will post 3.61 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Barclays raised their target price on US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Truist Financial increased their price target on shares of US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, February 14th. JPMorgan Chase & Co. lifted their price objective on shares of US Foods from $68.00 to $69.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. UBS Group raised their target price on shares of US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, February 14th. Finally, Melius Research raised US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. One equities research analyst has rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $70.33.

Hedge Funds Weigh In On US Foods

Hedge funds and other institutional investors have recently modified their holdings of the business. Creative Planning raised its holdings in US Foods by 13.5% in the 3rd quarter. Creative Planning now owns 12,978 shares of the company’s stock valued at $798,000 after acquiring an additional 1,547 shares during the last quarter. First Citizens Bank & Trust Co. purchased a new stake in shares of US Foods in the third quarter valued at approximately $261,000. Allspring Global Investments Holdings LLC increased its holdings in shares of US Foods by 15.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 8,518 shares of the company’s stock valued at $524,000 after purchasing an additional 1,137 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new position in US Foods during the third quarter worth approximately $207,000. Finally, Private Advisor Group LLC boosted its stake in US Foods by 8.3% during the third quarter. Private Advisor Group LLC now owns 13,723 shares of the company’s stock worth $844,000 after buying an additional 1,053 shares during the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

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.