Arrowstreet Capital Limited Partnership Purchases 482,461 Shares of US Foods Holding Corp. (NYSE:USFD)

Arrowstreet Capital Limited Partnership raised its position in US Foods Holding Corp. (NYSE:USFD) by 307.1% during the 4th quarter, HoldingsChannel reports. The fund owned 639,558 shares of the company’s stock after buying an additional 482,461 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in US Foods were worth $43,145,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Pertento Partners LLP lifted its position in shares of US Foods by 13.1% in the fourth quarter. Pertento Partners LLP now owns 1,431,190 shares of the company’s stock worth $96,548,000 after purchasing an additional 166,016 shares in the last quarter. Intrust Bank NA acquired a new stake in US Foods in the 4th quarter valued at $310,000. Brown Brothers Harriman & Co. lifted its position in US Foods by 2.0% during the 4th quarter. Brown Brothers Harriman & Co. now owns 13,878 shares of the company’s stock worth $936,000 after buying an additional 278 shares in the last quarter. Pictet Asset Management Holding SA boosted its stake in shares of US Foods by 10.7% during the 4th quarter. Pictet Asset Management Holding SA now owns 33,637 shares of the company’s stock worth $2,269,000 after buying an additional 3,257 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of US Foods in the fourth quarter valued at about $211,300,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

Insider Activity

In other US Foods news, Director David W. Bullock purchased 4,000 shares of the company’s stock in a transaction dated Tuesday, February 18th. The stock was bought at an average cost 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 approximately $319,770. This represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 0.70% of the stock is currently owned by company insiders.

US Foods Stock Up 0.8 %

US Foods stock opened at $65.98 on Wednesday. US Foods Holding Corp. has a twelve month low of $49.65 and a twelve month high of $73.19. The stock has a market cap of $15.20 billion, a P/E ratio of 32.66, a P/E/G ratio of 1.03 and a beta of 1.65. The company’s 50-day moving average price is $68.50 and its two-hundred day moving average price is $66.59. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06.

US Foods (NYSE:USFD) last released 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 firm had revenue of $9.49 billion for the quarter, compared to analyst estimates of $9.47 billion. As a group, analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on USFD. Melius initiated coverage on US Foods in a research report on Wednesday, December 18th. They set a “buy” rating and a $12.00 price target for the company. StockNews.com downgraded US Foods from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Jefferies Financial Group boosted their target price on shares of US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Barclays increased their price target on shares of US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Finally, Morgan Stanley boosted their price objective on shares of US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 21st. One investment analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $71.09.

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.