Aigen Investment Management LP Invests $1.15 Million in US Foods Holding Corp. (NYSE:USFD)

Aigen Investment Management LP bought a new position in US Foods Holding Corp. (NYSE:USFD) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 16,966 shares of the company’s stock, valued at approximately $1,145,000.

Several other institutional investors have also recently made changes to their positions in USFD. US Bancorp DE grew its stake in shares of US Foods by 217.6% in the 3rd quarter. US Bancorp DE now owns 30,404 shares of the company’s stock worth $1,870,000 after acquiring an additional 20,831 shares in the last quarter. Stephens Inc. AR boosted its holdings in shares of US Foods by 12.5% in the 3rd quarter. Stephens Inc. AR now owns 6,017 shares of the company’s stock worth $370,000 after buying an additional 669 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of US Foods by 4.0% in the 3rd quarter. Janney Montgomery Scott LLC now owns 17,940 shares of the company’s stock worth $1,103,000 after buying an additional 692 shares during the last quarter. QRG Capital Management Inc. boosted its holdings in shares of US Foods by 7.1% in the 3rd quarter. QRG Capital Management Inc. now owns 24,438 shares of the company’s stock worth $1,503,000 after buying an additional 1,619 shares during the last quarter. Finally, JB Capital LLC boosted its holdings in shares of US Foods by 7.1% in the 3rd quarter. JB Capital LLC now owns 27,289 shares of the company’s stock worth $1,678,000 after buying an additional 1,807 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.

US Foods Trading Up 1.4 %

Shares of USFD opened at $69.21 on Thursday. The business’s 50-day moving average price is $69.51 and its 200-day moving average price is $65.62. US Foods Holding Corp. has a twelve month low of $49.65 and a twelve month high of $73.19. The stock has a market cap of $15.94 billion, a PE ratio of 34.26, a P/E/G ratio of 1.03 and a beta of 1.65. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06.

US Foods (NYSE:USFD) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.01). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The company had revenue of $9.49 billion for the quarter, compared to the consensus estimate of $9.47 billion. On average, equities analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Melius Research raised shares of US Foods to a “strong-buy” rating in a report on Wednesday, December 18th. Piper Sandler boosted their price target on shares of US Foods from $75.00 to $77.00 and gave the stock an “overweight” rating in a report on Tuesday, February 18th. Morgan Stanley boosted their price target on shares of US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. Barclays boosted their price target on shares of US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. Finally, Melius assumed coverage on shares of US Foods in a report on Wednesday, December 18th. They set a “buy” rating and a $12.00 price objective on the stock. One equities research analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $70.33.

Insider Activity

In related news, Director David W. Bullock acquired 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the completion of the transaction, the director now owns 4,500 shares in the company, valued at approximately $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.70% of the company’s stock.

US Foods Company Profile

US Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.