Mutual of America Capital Management LLC Sells 11,060 Shares of US Foods Holding Corp. $USFD

Mutual of America Capital Management LLC trimmed its holdings in US Foods Holding Corp. (NYSE:USFD) by 9.6% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 103,991 shares of the company’s stock after selling 11,060 shares during the quarter. Mutual of America Capital Management LLC’s holdings in US Foods were worth $7,968,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Parkside Financial Bank & Trust raised its position in US Foods by 303.7% in the 3rd quarter. Parkside Financial Bank & Trust now owns 327 shares of the company’s stock worth $25,000 after purchasing an additional 246 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of US Foods by 120.1% during the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after buying an additional 263 shares during the last quarter. First Horizon Corp bought a new position in shares of US Foods during the third quarter valued at about $39,000. MAI Capital Management increased its holdings in shares of US Foods by 155.6% in the second quarter. MAI Capital Management now owns 529 shares of the company’s stock worth $41,000 after buying an additional 322 shares during the period. Finally, V Square Quantitative Management LLC lifted its stake in shares of US Foods by 58.7% in the 2nd quarter. V Square Quantitative Management LLC now owns 541 shares of the company’s stock valued at $42,000 after acquiring an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Insider Activity at US Foods

In related news, insider Steven Guberman sold 58,632 shares of the stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $72.00, for a total transaction of $4,221,504.00. Following the sale, the insider directly owned 113,410 shares of the company’s stock, valued at $8,165,520. This trade represents a 34.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.60% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Weiss Ratings restated a “buy (b)” rating on shares of US Foods in a research report on Monday, December 29th. Citigroup upped their price target on shares of US Foods from $90.00 to $95.00 and gave the company a “buy” rating in a report on Tuesday. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of US Foods in a research report on Friday, November 7th. Guggenheim upped their target price on US Foods from $88.00 to $95.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Finally, Barclays cut their price target on US Foods from $95.00 to $90.00 and set an “overweight” rating on the stock in a research note on Friday, November 7th. Nine analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $90.00.

US Foods Trading Up 4.3%

Shares of NYSE USFD opened at $83.73 on Wednesday. The firm’s 50 day moving average price is $77.55 and its 200-day moving average price is $77.56. US Foods Holding Corp. has a 52-week low of $57.36 and a 52-week high of $85.85. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.70 and a current ratio of 1.15. The company has a market cap of $18.67 billion, a PE ratio of 34.89, a P/E/G ratio of 1.01 and a beta of 1.03.

US Foods (NYSE:USFD) last announced its quarterly earnings data on Thursday, November 6th. The company reported $1.07 earnings per share for the quarter, topping 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 analyst estimates of $10.18 billion. During the same period in the previous year, the business earned $0.85 EPS. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. On average, equities research analysts expect that US Foods Holding Corp. will post 3.59 EPS 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.