UMB Bank n.a. Acquires 193 Shares of US Foods Holding Corp. $USFD

UMB Bank n.a. raised its holdings in US Foods Holding Corp. (NYSE:USFD) by 7.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,644 shares of the company’s stock after purchasing an additional 193 shares during the period. UMB Bank n.a.’s holdings in US Foods were worth $204,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Two Sigma Advisers LP bought a new stake in shares of US Foods during the 4th quarter worth approximately $2,098,000. Brooklyn FI LLC bought a new stake in shares of US Foods during the 4th quarter worth approximately $445,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of US Foods by 183.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 27,894 shares of the company’s stock worth $1,882,000 after acquiring an additional 18,057 shares during the period. 111 Capital bought a new stake in shares of US Foods during the 4th quarter worth approximately $628,000. Finally, California State Teachers Retirement System lifted its holdings in shares of US Foods by 0.5% during the 4th quarter. California State Teachers Retirement System now owns 224,339 shares of the company’s stock worth $15,134,000 after acquiring an additional 1,171 shares during the period. Institutional investors own 98.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on USFD. Guggenheim upped their price target on shares of US Foods from $80.00 to $88.00 and gave the stock a “buy” rating in a report on Monday, August 11th. Barclays increased their price objective on shares of US Foods from $85.00 to $95.00 and gave the company an “overweight” rating in a research note on Wednesday, June 4th. Wall Street Zen raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 5th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $87.00 price target (up previously from $80.00) on shares of US Foods in a research note on Friday, August 8th. Finally, Piper Sandler raised their price target on shares of US Foods from $77.00 to $85.00 and gave the company an “overweight” rating in a research note on Tuesday, September 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $81.27.

Insider Activity

In other news, EVP Dirk J. Locascio sold 7,500 shares of US Foods stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of $80.00, for a total transaction of $600,000.00. Following the completion of the transaction, the executive vice president directly owned 115,077 shares in the company, valued at $9,206,160. This trade represents a 6.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.60% of the stock is owned by corporate insiders.

US Foods Trading Up 0.7%

NYSE:USFD opened at $77.63 on Wednesday. The company has a current ratio of 1.17, a quick ratio of 0.73 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $17.48 billion, a price-to-earnings ratio of 33.17, a PEG ratio of 1.08 and a beta of 1.39. The firm has a fifty day simple moving average of $79.74 and a two-hundred day simple moving average of $74.03. US Foods Holding Corp. has a 12 month low of $57.36 and a 12 month high of $85.11.

US Foods (NYSE:USFD) last issued its quarterly earnings data on Thursday, August 7th. The company reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.05. The firm had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $10.17 billion. US Foods had a net margin of 1.43% and a return on equity of 16.86%. The business’s revenue was up 3.8% on a year-over-year basis. During the same period last year, the company earned $0.93 earnings per share. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. 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.