Paradigm Asset Management Co. LLC Invests $843,000 in US Foods Holding Corp. (NYSE:USFD)

Paradigm Asset Management Co. LLC purchased a new stake in shares of US Foods Holding Corp. (NYSE:USFD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 12,500 shares of the company’s stock, valued at approximately $843,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Ashton Thomas Securities LLC purchased a new position in shares of US Foods in the third quarter worth $31,000. Huntington National Bank increased its holdings in US Foods by 332.5% in the 3rd quarter. Huntington National Bank now owns 532 shares of the company’s stock worth $33,000 after buying an additional 409 shares in the last quarter. Capital Performance Advisors LLP purchased a new position in US Foods in the 3rd quarter worth about $34,000. R Squared Ltd bought a new position in US Foods during the 4th quarter valued at about $34,000. Finally, First Horizon Advisors Inc. boosted its holdings in shares of US Foods by 54.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock valued at $35,000 after acquiring an additional 202 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on USFD. Truist Financial boosted their price objective on shares of US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a report on Friday, February 14th. UBS Group increased their price target on US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a report on Friday, February 14th. Melius Research raised US Foods to a “strong-buy” rating in a report on Wednesday, December 18th. Jefferies Financial Group upped their price objective on US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a research report on Monday, December 16th. Finally, Melius initiated coverage on US Foods in a research report on Wednesday, December 18th. They issued a “buy” rating and a $12.00 target price on the stock. One analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $70.33.

Insider Transactions at US Foods

In related news, Director David W. Bullock acquired 4,000 shares of US Foods stock in a transaction dated Tuesday, February 18th. The shares were purchased at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the completion of 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.70% of the company’s stock.

US Foods Price Performance

Shares of NYSE:USFD opened at $70.13 on Friday. The firm’s 50 day simple moving average is $69.17 and its two-hundred day simple moving average is $64.65. 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 company has a market capitalization of $16.16 billion, a P/E ratio of 34.72, a P/E/G ratio of 1.03 and a beta of 1.67. US Foods Holding Corp. has a 1-year low of $49.65 and a 1-year high of $73.19.

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 analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $9.47 billion. Research analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current fiscal 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.