Savoir Faire Capital Management L.P. Has $7.31 Million Position in US Foods Holding Corp. $USFD

Savoir Faire Capital Management L.P. lifted its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 544.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 95,341 shares of the company’s stock after purchasing an additional 80,544 shares during the period. US Foods accounts for about 2.6% of Savoir Faire Capital Management L.P.’s portfolio, making the stock its 17th largest position. Savoir Faire Capital Management L.P.’s holdings in US Foods were worth $7,305,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of USFD. Sagespring Wealth Partners LLC raised its position in shares of US Foods by 36.5% during the 3rd quarter. Sagespring Wealth Partners LLC now owns 4,621 shares of the company’s stock valued at $354,000 after acquiring an additional 1,236 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in shares of US Foods during the 3rd quarter worth about $3,599,000. Mitsubishi UFJ Trust & Banking Corp bought a new stake in shares of US Foods in the 3rd quarter valued at about $879,000. Parkside Financial Bank & Trust raised its position in shares of US Foods by 303.7% in the 3rd quarter. Parkside Financial Bank & Trust now owns 327 shares of the company’s stock valued at $25,000 after acquiring an additional 246 shares during the period. Finally, Olympiad Research LP grew its holdings in US Foods by 37.6% during the third quarter. Olympiad Research LP now owns 4,094 shares of the company’s stock valued at $314,000 after purchasing an additional 1,119 shares during the period. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Stock Down 0.8%

Shares of USFD stock opened at $81.27 on Monday. The firm’s fifty day moving average price is $77.13 and its two-hundred day moving average price is $77.53. US Foods Holding Corp. has a 1 year low of $57.36 and a 1 year high of $85.85. The company has a current ratio of 1.15, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $18.12 billion, a P/E ratio of 33.86, a PEG ratio of 1.02 and a beta of 1.03.

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

Analyst Ratings Changes

USFD has been the topic of several analyst reports. Wall Street Zen lowered shares of US Foods from a “strong-buy” rating to a “buy” rating in a report on Monday, January 19th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of US Foods in a research note on Friday, November 7th. Barclays decreased their target price on US Foods from $95.00 to $90.00 and set an “overweight” rating for the company in a research note on Friday, November 7th. Morgan Stanley set a $92.00 price target on US Foods in a research report on Tuesday, January 20th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of US Foods in a research report on Monday, December 29th. Nine investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $89.50.

Insider Transactions at US Foods

In related news, insider Steven Guberman sold 58,632 shares of the company’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $72.00, for a total value of $4,221,504.00. Following the transaction, the insider owned 113,410 shares in the company, valued at approximately $8,165,520. This represents a 34.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.60% of the stock is owned by corporate insiders.

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.