HBK Investments L P Sells 30,533 Shares of US Foods Holding Corp. (NYSE:USFD)

HBK Investments L P decreased its position in US Foods Holding Corp. (NYSE:USFD) by 13.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 199,801 shares of the company’s stock after selling 30,533 shares during the quarter. HBK Investments L P owned 0.09% of US Foods worth $6,380,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. BlackRock Inc. grew its position in US Foods by 10.4% in the fourth quarter. BlackRock Inc. now owns 7,400,328 shares of the company’s stock valued at $236,291,000 after acquiring an additional 696,496 shares in the last quarter. Neuberger Berman Group LLC grew its position in US Foods by 4.2% in the third quarter. Neuberger Berman Group LLC now owns 5,661,731 shares of the company’s stock valued at $151,168,000 after acquiring an additional 226,546 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of US Foods by 6.3% during the fourth quarter. Bank of New York Mellon Corp now owns 3,627,406 shares of the company’s stock worth $115,823,000 after buying an additional 216,383 shares in the last quarter. Two Sigma Advisers LP grew its position in shares of US Foods by 47.3% during the fourth quarter. Two Sigma Advisers LP now owns 3,488,013 shares of the company’s stock worth $111,372,000 after buying an additional 1,120,680 shares in the last quarter. Finally, Wells Fargo & Company MN grew its position in shares of US Foods by 14.4% during the fourth quarter. Wells Fargo & Company MN now owns 3,413,426 shares of the company’s stock worth $108,991,000 after buying an additional 429,210 shares in the last quarter. 99.83% of the stock is owned by institutional investors.

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US Foods stock opened at $33.19 on Friday. The firm has a market capitalization of $7,284.86, a price-to-earnings ratio of 36.47, a price-to-earnings-growth ratio of 1.02 and a beta of 0.50. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.41 and a quick ratio of 0.80. US Foods Holding Corp. has a 12 month low of $25.43 and a 12 month high of $35.10.

US Foods (NYSE:USFD) last released its quarterly earnings data on Thursday, February 15th. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.03). The business had revenue of $6 billion during the quarter, compared to analyst estimates of $5.92 billion. US Foods had a return on equity of 10.70% and a net margin of 1.84%. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.53 EPS. analysts anticipate that US Foods Holding Corp. will post 1.95 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on the stock. JPMorgan Chase raised their price target on shares of US Foods from $36.00 to $37.00 and gave the stock an “overweight” rating in a research report on Friday, March 23rd. BMO Capital Markets raised shares of US Foods from a “market perform” rating to an “outperform” rating and set a $40.00 price target for the company in a research report on Monday, March 19th. Morgan Stanley reissued an “equal weight” rating and set a $40.00 price target (up previously from $38.00) on shares of US Foods in a research report on Friday, March 16th. Loop Capital set a $35.00 price target on shares of US Foods and gave the stock a “hold” rating in a research report on Friday, March 16th. Finally, Zacks Investment Research downgraded shares of US Foods from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $36.67.

In other US Foods news, insider David A. Rickard sold 17,176 shares of the firm’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $32.44, for a total value of $557,189.44. Following the sale, the insider now directly owns 30,106 shares in the company, valued at $976,638.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jay Kvasnicka sold 59,305 shares of the firm’s stock in a transaction on Friday, March 9th. The shares were sold at an average price of $34.52, for a total value of $2,047,208.60. Following the completion of the sale, the insider now owns 18,862 shares in the company, valued at $651,116.24. The disclosure for this sale can be found here. In the last ninety days, insiders sold 644,029 shares of company stock valued at $21,423,827. 0.57% of the stock is currently owned by corporate insiders.

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About US Foods

US Foods Holding Corp., through its subsidiary, US Foods, Inc, markets and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States. Its 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.

Institutional Ownership by Quarter for US Foods (NYSE:USFD)

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