US Foods Holding Corp. (NYSE:USFD) Shares Bought by Atomi Financial Group Inc.

Atomi Financial Group Inc. grew its holdings in US Foods Holding Corp. (NYSE:USFD) by 20.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,651 shares of the company’s stock after buying an additional 778 shares during the quarter. Atomi Financial Group Inc.’s holdings in US Foods were worth $286,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Quarry LP acquired a new stake in shares of US Foods in the fourth quarter valued at about $55,000. Wellington Management Group LLP boosted its holdings in US Foods by 12.3% in the 4th quarter. Wellington Management Group LLP now owns 3,222,016 shares of the company’s stock worth $146,312,000 after buying an additional 351,646 shares during the last quarter. SageView Advisory Group LLC increased its stake in US Foods by 27.0% during the 4th quarter. SageView Advisory Group LLC now owns 6,399 shares of the company’s stock worth $299,000 after buying an additional 1,361 shares in the last quarter. Kapitalo Investimentos Ltda raised its holdings in shares of US Foods by 364.1% during the fourth quarter. Kapitalo Investimentos Ltda now owns 10,785 shares of the company’s stock valued at $490,000 after acquiring an additional 8,461 shares during the last quarter. Finally, Symmetry Partners LLC acquired a new position in shares of US Foods during the first quarter valued at approximately $274,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Stock Up 1.1 %

USFD stock opened at $61.29 on Friday. The firm has a market cap of $15.07 billion, a PE ratio of 30.19, a PEG ratio of 1.00 and a beta of 1.66. US Foods Holding Corp. has a one year low of $35.66 and a one year high of $62.94. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.81 and a current ratio of 1.29. The firm’s 50 day moving average price is $58.61 and its 200-day moving average price is $54.74.

US Foods (NYSE:USFD) last posted its earnings results on Thursday, August 8th. The company reported $0.93 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.93. The company had revenue of $9.71 billion during the quarter, compared to analysts’ expectations of $9.62 billion. US Foods had a return on equity of 13.43% and a net margin of 1.42%. The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.73 earnings per share. On average, equities research analysts anticipate that US Foods Holding Corp. will post 2.9 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on USFD. Wells Fargo & Company boosted their price target on US Foods from $66.00 to $75.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 18th. Jefferies Financial Group upped their target price on shares of US Foods from $66.00 to $71.00 and gave the stock a “buy” rating in a report on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of US Foods from $72.00 to $75.00 and gave the stock a “buy” rating in a research report on Friday, August 9th. JPMorgan Chase & Co. increased their price objective on shares of US Foods from $60.00 to $68.00 and gave the company a “neutral” rating in a report on Monday, September 16th. Finally, StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a report on Thursday. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $66.82.

Insiders Place Their Bets

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of the firm’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $57.95, for a total transaction of $579,500.00. Following the completion of the sale, the chief financial officer now owns 88,563 shares of the company’s stock, valued at $5,132,225.85. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.70% of the stock is owned by insiders.

About US Foods

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.