Clearfield Capital Management LP Sells 56,295 Shares of US Foods Holding Corp. $USFD

Clearfield Capital Management LP lessened its holdings in US Foods Holding Corp. (NYSE:USFD) by 18.2% during the third quarter, HoldingsChannel.com reports. The fund owned 252,200 shares of the company’s stock after selling 56,295 shares during the period. US Foods makes up about 11.6% of Clearfield Capital Management LP’s holdings, making the stock its 4th biggest holding. Clearfield Capital Management LP’s holdings in US Foods were worth $19,324,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Parkside Financial Bank & Trust lifted its holdings in shares of US Foods by 303.7% in the third quarter. Parkside Financial Bank & Trust now owns 327 shares of the company’s stock worth $25,000 after acquiring an additional 246 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of US Foods by 120.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after purchasing an additional 263 shares during the last quarter. First Horizon Corp acquired a new position in US Foods during the 3rd quarter worth approximately $39,000. MAI Capital Management increased its position in US Foods by 155.6% during the 2nd quarter. MAI Capital Management now owns 529 shares of the company’s stock worth $41,000 after purchasing an additional 322 shares in the last quarter. Finally, Quent Capital LLC bought a new position in US Foods in the 3rd quarter valued at approximately $43,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

Insider Transactions at US Foods

In other US Foods news, insider James David Works, Jr. sold 65,737 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $96.52, for a total transaction of $6,344,935.24. Following the completion of the transaction, the insider owned 88,176 shares in the company, valued at approximately $8,510,747.52. This trade represents a 42.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on USFD. Sanford C. Bernstein restated an “outperform” rating and issued a $106.00 target price on shares of US Foods in a research report on Friday, February 13th. UBS Group reissued a “buy” rating and set a $117.00 price objective on shares of US Foods in a report on Friday, February 13th. Piper Sandler lowered US Foods from an “overweight” rating to a “neutral” rating and boosted their price objective for the stock from $85.00 to $103.00 in a research report on Friday, February 13th. BTIG Research upped their target price on US Foods from $82.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Finally, BMO Capital Markets increased their target price on US Foods from $95.00 to $115.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $107.33.

US Foods Trading Up 2.2%

NYSE USFD opened at $94.67 on Friday. The firm has a market capitalization of $20.88 billion, a PE ratio of 32.20, a price-to-earnings-growth ratio of 1.16 and a beta of 0.98. The business’s 50-day moving average price is $88.44 and its two-hundred day moving average price is $80.26. The company has a current ratio of 1.16, a quick ratio of 0.68 and a debt-to-equity ratio of 1.18. US Foods Holding Corp. has a 12 month low of $57.36 and a 12 month high of $102.13.

US Foods (NYSE:USFD) last issued its quarterly earnings data on Thursday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. US Foods had a return on equity of 18.74% and a net margin of 1.71%.The company had revenue of $9.80 billion during the quarter, compared to the consensus estimate of $9.90 billion. During the same period last year, the company earned $0.84 earnings per share. The firm’s revenue was up 3.3% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, analysts expect that US Foods Holding Corp. will post 3.59 EPS for the current year.

US Foods Profile

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.