US Foods (USFD) Getting Somewhat Favorable News Coverage, Study Finds

Press coverage about US Foods (NYSE:USFD) has trended somewhat positive this week, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. US Foods earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.9407222911737 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:

US Foods (NYSE USFD) traded down $0.07 during mid-day trading on Wednesday, hitting $30.11. 5,937,092 shares of the company were exchanged, compared to its average volume of 2,081,827. US Foods has a 1 year low of $24.04 and a 1 year high of $30.73. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.81 and a current ratio of 1.40. The stock has a market capitalization of $6,763.27, a price-to-earnings ratio of 20.62, a PEG ratio of 1.73 and a beta of 1.38.

Several equities research analysts have recently issued reports on the stock. BidaskClub cut shares of US Foods from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Pivotal Research set a $29.00 price objective on shares of US Foods and gave the company a “hold” rating in a research report on Wednesday, August 9th. Zacks Investment Research upgraded shares of US Foods from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 11th. Royal Bank Of Canada reiterated an “outperform” rating and set a $32.00 price objective on shares of US Foods in a research report on Thursday, August 10th. Finally, Wells Fargo & Company reiterated a “buy” rating on shares of US Foods in a research report on Wednesday, August 9th. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. US Foods currently has a consensus rating of “Buy” and a consensus target price of $31.50.

In related news, major shareholder Usf Co-Investor No. 2 L.P Cdr sold 19,977,773 shares of the firm’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $28.00, for a total value of $559,377,644.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Fund Holdings Gp Ltd Kkr sold 20,000,000 shares of the firm’s stock in a transaction on Monday, September 18th. The shares were sold at an average price of $27.34, for a total transaction of $546,800,000.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 40,001,345 shares of company stock valued at $1,106,821,160. 1.56% of the stock is currently owned by insiders.

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About US Foods

US Foods Holding Corp. is a holding company. The Company is a foodservice distributor in the United States. The Company, through US Foods, Inc (USF), markets and primarily distributes fresh, frozen and dry food and non-food products to foodservice customers throughout the United States. These 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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