Great Lakes Advisors LLC Acquires New Position in US Foods Holding Corp. $USFD

Great Lakes Advisors LLC bought a new position in shares of US Foods Holding Corp. (NYSE:USFD) in the second quarter, Holdings Channel reports. The firm bought 65,820 shares of the company’s stock, valued at approximately $6,730,000.

Several other institutional investors and hedge funds also recently made changes to their positions in USFD. Danske Bank A S bought a new position in shares of US Foods in the 2nd quarter worth $4,852,000. Meeder Advisory Services Inc. acquired a new stake in shares of US Foods during the second quarter worth $251,000. Citizens Financial Group Inc. RI bought a new stake in US Foods in the second quarter valued at about $298,000. BlackRock Inc. bought a new stake in US Foods in the second quarter valued at about $2,131,439,000. Finally, Pallas Capital Advisors LLC bought a new stake in US Foods in the second quarter valued at about $1,192,000. Institutional investors own 98.76% of the company’s stock.

US Foods Price Performance

NYSE USFD opened at $107.66 on Thursday. The business has a 50 day simple moving average of $100.30 and a 200 day simple moving average of $93.46. US Foods Holding Corp. has a 52-week low of $69.88 and a 52-week high of $111.42. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.70 and a current ratio of 1.14. The stock has a market cap of $23.29 billion, a price-to-earnings ratio of 33.13, a PEG ratio of 1.38 and a beta of 0.81.

US Foods (NYSE:USFD) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.08. The firm had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.46 billion. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The business’s revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.19 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Analysts anticipate that US Foods Holding Corp. will post 4.35 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

USFD has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. reduced their target price on US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, May 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of US Foods in a research note on Wednesday, July 29th. Zacks Research raised US Foods from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 28th. BTIG Research increased their price target on shares of US Foods from $105.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, Piper Sandler lifted their price objective on shares of US Foods from $88.00 to $108.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 12th. Eleven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, US Foods currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.92.

Insiders Place Their Bets

In related news, insider William Spencer Hancock sold 21,754 shares of the company’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $108.29, for a total value of $2,355,740.66. Following the completion of the transaction, the insider directly owned 101,144 shares of the company’s stock, valued at approximately $10,952,883.76. This represents a 17.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Randy J. Taylor sold 11,630 shares of the stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $110.37, for a total value of $1,283,603.10. Following the transaction, the insider owned 73,618 shares of the company’s stock, valued at approximately $8,125,218.66. This trade represents a 13.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.74% of the company’s stock.

US Foods Company 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.