US Foods Holding Corp. (NYSE:USFD) Shares Acquired by JB Capital LLC

JB Capital LLC raised its position in US Foods Holding Corp. (NYSE:USFD) by 7.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 27,289 shares of the company’s stock after acquiring an additional 1,807 shares during the period. JB Capital LLC’s holdings in US Foods were worth $1,678,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in US Foods by 3.6% in the first quarter. Vanguard Group Inc. now owns 23,019,003 shares of the company’s stock valued at $1,242,336,000 after buying an additional 796,434 shares during the last quarter. Boston Partners grew its position in shares of US Foods by 3.5% during the first quarter. Boston Partners now owns 16,527,901 shares of the company’s stock worth $891,073,000 after acquiring an additional 566,277 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of US Foods by 5.1% in the second quarter. Victory Capital Management Inc. now owns 10,383,374 shares of the company’s stock valued at $550,111,000 after purchasing an additional 500,129 shares during the period. Massachusetts Financial Services Co. MA boosted its position in shares of US Foods by 46.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 6,550,945 shares of the company’s stock worth $347,069,000 after buying an additional 2,064,321 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in US Foods by 14.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,528,776 shares of the company’s stock worth $239,940,000 after buying an additional 567,601 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on USFD. Jefferies Financial Group upped their price target on US Foods from $66.00 to $71.00 and gave the company a “buy” rating in a report on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft increased their price objective on US Foods from $72.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, August 9th. StockNews.com upgraded shares of US Foods from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 10th. Wells Fargo & Company increased their target price on shares of US Foods from $66.00 to $75.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 18th. Finally, JPMorgan Chase & Co. upped their price target on US Foods from $60.00 to $68.00 and gave the stock a “neutral” rating in a research note on Monday, September 16th. One analyst has rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, US Foods presently has a consensus rating of “Buy” and a consensus target price of $66.82.

US Foods Stock Performance

USFD stock traded down $0.34 during mid-day trading on Thursday, hitting $65.46. 317,071 shares of the company were exchanged, compared to its average volume of 1,795,328. The business has a 50 day simple moving average of $60.93 and a 200-day simple moving average of $56.02. The stock has a market capitalization of $16.01 billion, a PE ratio of 31.33, a price-to-earnings-growth ratio of 1.02 and a beta of 1.66. US Foods Holding Corp. has a 1-year low of $40.23 and a 1-year high of $66.87. The company has a current ratio of 1.29, a quick ratio of 0.81 and a debt-to-equity ratio of 0.92.

US Foods (NYSE:USFD) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.93 earnings per share for the quarter, meeting the consensus estimate of $0.93. The business had revenue of $9.71 billion for the quarter, compared to analysts’ expectations of $9.62 billion. US Foods had a return on equity of 13.43% and a net margin of 1.42%. The business’s revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.73 EPS. On average, equities analysts forecast that US Foods Holding Corp. will post 2.9 earnings per share for the current year.

Insider Buying and Selling

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of US Foods stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $57.95, for a total transaction of $579,500.00. Following the completion of the transaction, the chief financial officer now owns 88,563 shares in the company, valued at approximately $5,132,225.85. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.70% of the stock is currently owned by insiders.

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.