US Foods Holding Corp. (NYSE:USFD) Shares Sold by Townsquare Capital LLC

Townsquare Capital LLC decreased its holdings in US Foods Holding Corp. (NYSE:USFD) by 3.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,412 shares of the company’s stock after selling 1,378 shares during the period. Townsquare Capital LLC’s holdings in US Foods were worth $2,794,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of USFD. Boston Partners lifted its holdings in US Foods by 0.6% during the 4th quarter. Boston Partners now owns 12,744,006 shares of the company’s stock worth $860,460,000 after buying an additional 77,012 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of US Foods by 7.3% in the 4th quarter. JPMorgan Chase & Co. now owns 4,304,310 shares of the company’s stock valued at $290,369,000 after acquiring an additional 292,404 shares during the last quarter. Norges Bank acquired a new stake in shares of US Foods during the 4th quarter worth about $211,300,000. Artisan Partners Limited Partnership purchased a new stake in US Foods during the fourth quarter worth approximately $171,107,000. Finally, Pertento Partners LLP boosted its holdings in US Foods by 13.1% in the fourth quarter. Pertento Partners LLP now owns 1,431,190 shares of the company’s stock valued at $96,548,000 after purchasing an additional 166,016 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Price Performance

Shares of NYSE:USFD opened at $63.07 on Wednesday. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. The company has a 50-day moving average price of $66.65 and a 200 day moving average price of $66.65. US Foods Holding Corp. has a 52 week low of $49.65 and a 52 week high of $73.19. The company has a market cap of $14.54 billion, a P/E ratio of 31.22, a PEG ratio of 1.03 and a beta of 1.38.

US Foods (NYSE:USFD) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $9.47 billion. Research analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insiders Place Their Bets

In other US Foods news, Director David W. Bullock bought 4,000 shares of the business’s stock in a transaction 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 approximately $319,770. The trade was a 800.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.70% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently weighed in on USFD. 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 report on Tuesday, January 21st. Melius Research upgraded shares of US Foods to a “strong-buy” rating in a research note on Wednesday, December 18th. UBS Group lifted their target price on US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. StockNews.com cut US Foods from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Finally, Truist Financial lifted their price target on US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $71.83.

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.