Natixis Invests $8.72 Million in US Foods Holding Corp. $USFD

Natixis bought a new position in shares of US Foods Holding Corp. (NYSE:USFD) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 113,259 shares of the company’s stock, valued at approximately $8,722,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Securian Asset Management Inc. grew its position in shares of US Foods by 0.7% in the 2nd quarter. Securian Asset Management Inc. now owns 17,618 shares of the company’s stock valued at $1,357,000 after acquiring an additional 121 shares during the period. Archer Investment Corp lifted its stake in US Foods by 8.8% in the 2nd quarter. Archer Investment Corp now owns 1,850 shares of the company’s stock valued at $142,000 after purchasing an additional 150 shares during the last quarter. SageView Advisory Group LLC grew its holdings in US Foods by 3.9% during the first quarter. SageView Advisory Group LLC now owns 4,096 shares of the company’s stock worth $268,000 after purchasing an additional 153 shares during the period. UMB Bank n.a. grew its holdings in US Foods by 7.9% during the second quarter. UMB Bank n.a. now owns 2,644 shares of the company’s stock worth $204,000 after purchasing an additional 193 shares during the period. Finally, V Square Quantitative Management LLC increased its position in US Foods by 58.7% during the second quarter. V Square Quantitative Management LLC now owns 541 shares of the company’s stock worth $42,000 after buying an additional 200 shares during the last quarter. 98.76% of the stock is owned by institutional investors.

US Foods Stock Up 0.8%

USFD stock opened at $75.47 on Wednesday. US Foods Holding Corp. has a fifty-two week low of $57.36 and a fifty-two week high of $85.11. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.15 and a quick ratio of 0.70. The stock has a market capitalization of $16.83 billion, a price-to-earnings ratio of 31.45, a PEG ratio of 1.01 and a beta of 1.03. The business’s fifty day moving average price is $74.73 and its two-hundred day moving average price is $77.33.

US Foods (NYSE:USFD) last announced its earnings results on Thursday, November 6th. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.02. US Foods had a net margin of 1.43% and a return on equity of 17.71%. The company had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.18 billion. During the same quarter in the previous year, the business posted $0.85 earnings per share. US Foods’s quarterly revenue was up 4.8% on a year-over-year basis. On average, equities analysts anticipate that US Foods Holding Corp. will post 3.59 earnings per share for the current year.

Insider Transactions at US Foods

In other US Foods news, insider Steven Guberman sold 58,632 shares of the stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $72.00, for a total transaction of $4,221,504.00. Following the transaction, the insider owned 113,410 shares in the company, valued at $8,165,520. This represents a 34.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.60% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Sanford C. Bernstein reissued an “outperform” rating on shares of US Foods in a report on Friday, November 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of US Foods in a research report on Monday. Barclays decreased their price objective on shares of US Foods from $95.00 to $90.00 and set an “overweight” rating on the stock in a report on Friday, November 7th. Wall Street Zen upgraded shares of US Foods from a “buy” rating to a “strong-buy” rating in a research note on Friday, November 28th. Finally, Piper Sandler lifted their target price on shares of US Foods from $77.00 to $85.00 and gave the stock an “overweight” rating in a report on Tuesday, September 2nd. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $82.00.

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.