Alberta Investment Management Corp purchased a new position in shares of US Foods Holding Corp. (NYSE:USFD – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 4,579 shares of the company’s stock, valued at approximately $309,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of USFD. Ashton Thomas Securities LLC bought a new position in US Foods during the third quarter worth about $31,000. Huntington National Bank lifted its position in US Foods by 332.5% during the third quarter. Huntington National Bank now owns 532 shares of the company’s stock worth $33,000 after acquiring an additional 409 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in US Foods during the third quarter worth approximately $34,000. R Squared Ltd acquired a new stake in US Foods during the fourth quarter worth approximately $34,000. Finally, First Horizon Advisors Inc. lifted its position in US Foods by 54.2% during the third quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock worth $35,000 after acquiring an additional 202 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.
Insider Buying and Selling at US Foods
In other news, Director David W. Bullock acquired 4,000 shares of the stock in a transaction on Tuesday, February 18th. The stock was acquired 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 directly 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 purchase was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.70% of the company’s stock.
Analysts Set New Price Targets
Get Our Latest Stock Report on US Foods
US Foods Stock Down 2.1 %
Shares of USFD opened at $70.13 on Friday. US Foods Holding Corp. has a one year low of $49.65 and a one year high of $73.19. The company has a market cap of $16.16 billion, a P/E ratio of 34.72, a P/E/G ratio of 1.03 and a beta of 1.67. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. The firm has a 50 day simple moving average of $69.17 and a two-hundred day simple moving average of $64.74.
US Foods (NYSE:USFD – Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.78 EPS 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 firm had revenue of $9.49 billion for the quarter, compared to analyst estimates of $9.47 billion. Research analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.
US Foods 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.
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