Natixis Advisors LLC Sells 1,735 Shares of US Foods Holding Corp. (NYSE:USFD)

Natixis Advisors LLC reduced its holdings in US Foods Holding Corp. (NYSE:USFD) by 1.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 147,533 shares of the company’s stock after selling 1,735 shares during the quarter. Natixis Advisors LLC’s holdings in US Foods were worth $9,953,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Catalyst Funds Management Pty Ltd bought a new stake in shares of US Foods in the 4th quarter worth approximately $1,740,000. Vestcor Inc boosted its position in shares of US Foods by 1.0% during the fourth quarter. Vestcor Inc now owns 20,200 shares of the company’s stock valued at $1,363,000 after purchasing an additional 195 shares in the last quarter. Avantax Advisory Services Inc. boosted its position in shares of US Foods by 121.6% during the fourth quarter. Avantax Advisory Services Inc. now owns 11,131 shares of the company’s stock valued at $751,000 after purchasing an additional 6,108 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $32,000 after purchasing an additional 178 shares in the last quarter. Finally, HighTower Advisors LLC boosted its position in shares of US Foods by 3.3% during the fourth quarter. HighTower Advisors LLC now owns 24,188 shares of the company’s stock valued at $1,632,000 after purchasing an additional 769 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Morgan Stanley lifted their price target on US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. Melius assumed coverage on US Foods in a research report on Wednesday, December 18th. They set a “buy” rating and a $12.00 price target on the stock. Truist Financial lifted their price target on US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, February 14th. UBS Group lifted their price target on US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, February 14th. Finally, Barclays lifted their price objective on US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. One analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, US Foods presently has an average rating of “Buy” and a consensus price target of $71.09.

US Foods Stock Down 2.6 %

USFD stock opened at $63.35 on Friday. US Foods Holding Corp. has a 1-year low of $49.65 and a 1-year high of $73.19. The business has a fifty day moving average price of $68.91 and a 200-day moving average price of $66.09. 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 stock has a market capitalization of $14.59 billion, a P/E ratio of 31.36, a P/E/G ratio of 1.03 and a beta of 1.65.

US Foods (NYSE:USFD) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.01). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The business had revenue of $9.49 billion during the quarter, compared to analysts’ expectations of $9.47 billion. Equities analysts forecast that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Insider Transactions at US Foods

In other news, Director David W. Bullock acquired 4,000 shares of US Foods stock in a transaction that occurred on Tuesday, February 18th. The stock was bought 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 owns 4,500 shares in the company, valued at $319,770. The trade was a 800.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.70% of the company’s stock.

US Foods Company Profile

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.