US Foods Holding Corp. $USFD Stake Boosted by Chescapmanager LLC

Chescapmanager LLC grew its position in US Foods Holding Corp. (NYSE:USFD) by 1.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 578,457 shares of the company’s stock after purchasing an additional 10,000 shares during the quarter. US Foods makes up about 4.2% of Chescapmanager LLC’s investment portfolio, making the stock its 7th largest holding. Chescapmanager LLC owned approximately 0.26% of US Foods worth $44,321,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Boston Partners lifted its stake in shares of US Foods by 6.0% during the 3rd quarter. Boston Partners now owns 16,130,224 shares of the company’s stock valued at $1,235,585,000 after buying an additional 908,993 shares in the last quarter. Wellington Management Group LLP boosted its holdings in US Foods by 14.2% in the 3rd quarter. Wellington Management Group LLP now owns 12,875,970 shares of the company’s stock worth $986,557,000 after buying an additional 1,599,033 shares during the period. Capital World Investors increased its stake in US Foods by 11.0% in the 3rd quarter. Capital World Investors now owns 11,664,740 shares of the company’s stock worth $893,752,000 after buying an additional 1,155,254 shares in the last quarter. Invesco Ltd. increased its stake in US Foods by 8.6% in the 3rd quarter. Invesco Ltd. now owns 8,164,062 shares of the company’s stock worth $625,530,000 after buying an additional 649,950 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its holdings in US Foods by 2.7% during the second quarter. Massachusetts Financial Services Co. MA now owns 6,134,905 shares of the company’s stock valued at $472,449,000 after acquiring an additional 161,749 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at US Foods

In other US Foods news, insider James David Works, Jr. sold 65,737 shares of US Foods stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $96.52, for a total value of $6,344,935.24. Following the sale, the insider owned 88,176 shares of the company’s stock, valued at $8,510,747.52. The trade was a 42.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.60% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages have recently commented on USFD. UBS Group restated a “buy” rating and issued a $117.00 price objective on shares of US Foods in a research report on Friday, February 13th. Wells Fargo & Company lifted their target price on US Foods from $87.00 to $110.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Morgan Stanley set a $94.00 price target on US Foods and gave the stock a “mixed” rating in a report on Friday, February 13th. Zacks Research upgraded US Foods from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 26th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of US Foods in a report on Monday, December 29th. One 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 stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $107.33.

US Foods Stock Up 2.2%

USFD opened at $94.67 on Friday. The company 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 firm has a 50-day simple moving average of $88.44 and a two-hundred day simple moving average of $80.26. The company has a quick ratio of 0.68, a current ratio of 1.16 and a debt-to-equity ratio of 1.18. US Foods Holding Corp. has a 52 week low of $57.36 and a 52 week high of $102.13.

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

About US Foods

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.