US Foods Holding Corp. (NYSE:USFD) Shares Bought by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. lifted its stake in shares of US Foods Holding Corp. (NYSE:USFDFree Report) by 3.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,923 shares of the company’s stock after purchasing an additional 937 shares during the period. Oppenheimer Asset Management Inc.’s holdings in US Foods were worth $1,228,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. NewEdge Advisors LLC grew its holdings in shares of US Foods by 67.4% during the first quarter. NewEdge Advisors LLC now owns 708 shares of the company’s stock valued at $26,000 after buying an additional 285 shares in the last quarter. KB Financial Partners LLC purchased a new position in shares of US Foods during the first quarter valued at $34,000. Fifth Third Bancorp grew its holdings in shares of US Foods by 44.6% during the second quarter. Fifth Third Bancorp now owns 875 shares of the company’s stock valued at $38,000 after buying an additional 270 shares in the last quarter. Money Concepts Capital Corp purchased a new position in shares of US Foods during the fourth quarter valued at $46,000. Finally, Covestor Ltd grew its holdings in shares of US Foods by 744.8% during the first quarter. Covestor Ltd now owns 1,639 shares of the company’s stock valued at $62,000 after buying an additional 1,445 shares in the last quarter. 98.69% of the stock is owned by institutional investors and hedge funds.

US Foods Trading Down 0.6 %

USFD stock opened at $46.45 on Thursday. US Foods Holding Corp. has a 1-year low of $33.96 and a 1-year high of $47.48. The firm has a market cap of $11.42 billion, a P/E ratio of 25.81, a P/E/G ratio of 0.72 and a beta of 1.57. The business’s 50 day moving average is $45.46 and its 200-day moving average is $42.11. The company has a current ratio of 1.29, a quick ratio of 0.81 and a debt-to-equity ratio of 0.97.

US Foods (NYSE:USFDGet Free Report) last released its quarterly earnings results on Thursday, November 9th. The company reported $0.65 EPS for the quarter, hitting analysts’ consensus estimates of $0.65. The business had revenue of $9.11 billion for the quarter, compared to analyst estimates of $9.12 billion. US Foods had a return on equity of 13.55% and a net margin of 1.28%. Equities analysts anticipate that US Foods Holding Corp. will post 2.5 earnings per share for the current fiscal year.

Analysts Set New Price Targets

USFD has been the topic of a number of recent research reports. Truist Financial boosted their target price on US Foods from $50.00 to $52.00 and gave the company a “buy” rating in a research note on Friday, November 10th. Deutsche Bank Aktiengesellschaft initiated coverage on US Foods in a research note on Thursday, October 19th. They set a “buy” rating and a $50.00 price target for the company. Morgan Stanley upped their price target on US Foods from $54.00 to $56.00 and gave the stock an “overweight” rating in a research note on Friday, November 10th. Barclays decreased their price target on US Foods from $51.00 to $44.00 and set an “overweight” rating for the company in a research note on Monday, October 23rd. Finally, StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a research note on Thursday, January 18th. One analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $49.70.

View Our Latest Analysis on USFD

Insider Buying and Selling at US Foods

In other US Foods news, Director Scott D. Ferguson sold 3,000,000 shares of the stock in a transaction on Monday, December 11th. The stock was sold at an average price of $43.87, for a total value of $131,610,000.00. Following the transaction, the director now directly owns 15,932,877 shares in the company, valued at approximately $698,975,313.99. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.00% of the company’s stock.

US Foods Company Profile

(Free Report)

US Foods Holding Corp., through its subsidiary, 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.

See Also

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

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