Waratah Capital Advisors Ltd. Purchases Shares of 118,582 US Foods Holding Corp (USFD)

Waratah Capital Advisors Ltd. purchased a new position in shares of US Foods Holding Corp (NYSE:USFD) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 118,582 shares of the company’s stock, valued at approximately $3,786,000.

A number of other institutional investors also recently made changes to their positions in USFD. Schwab Charles Investment Management Inc. grew its stake in US Foods by 15.8% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 467,000 shares of the company’s stock valued at $12,469,000 after purchasing an additional 63,743 shares during the period. Thornburg Investment Management Inc. bought a new position in US Foods in the 3rd quarter valued at $55,586,000. Brown Advisory Inc. bought a new position in US Foods in the 3rd quarter valued at $214,000. Dimensional Fund Advisors LP bought a new position in US Foods in the 3rd quarter valued at $19,197,000. Finally, Strategic Global Advisors LLC grew its stake in US Foods by 49.7% in the 3rd quarter. Strategic Global Advisors LLC now owns 12,098 shares of the company’s stock valued at $323,000 after purchasing an additional 4,016 shares during the period. Institutional investors and hedge funds own 96.89% of the company’s stock.

A number of research analysts have issued reports on the company. Zacks Investment Research upgraded US Foods from a “hold” rating to a “buy” rating and set a $38.00 price objective for the company in a research note on Saturday, January 27th. Guggenheim restated a “buy” rating and issued a $40.00 price objective on shares of US Foods in a research note on Sunday, January 28th. Morgan Stanley upped their price objective on US Foods from $37.00 to $38.00 and gave the company an “equal weight” rating in a research note on Friday. BMO Capital Markets set a $37.00 price objective on US Foods and gave the company a “hold” rating in a research note on Thursday. Finally, Barclays downgraded US Foods from an “overweight” rating to an “equal weight” rating and set a $32.00 price objective for the company. in a research note on Tuesday, January 16th. Six equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. US Foods currently has an average rating of “Buy” and a consensus target price of $35.40.

US Foods Holding Corp (USFD) opened at $32.78 on Friday. 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 firm has a market capitalization of $7,365.44, a price-to-earnings ratio of 25.61, a PEG ratio of 1.09 and a beta of 0.86. US Foods Holding Corp has a 12 month low of $25.43 and a 12 month high of $33.91.

US Foods (NYSE:USFD) last posted its quarterly earnings results on Thursday, February 15th. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.03). The firm had revenue of $6 billion for the quarter, compared to the consensus estimate of $5.92 billion. US Foods had a return on equity of 10.80% and a net margin of 1.84%. The firm’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS. research analysts forecast that US Foods Holding Corp will post 1.67 earnings per share for the current fiscal year.

In other news, major shareholder Usf Co-Investor No. 2 L.P Cdr sold 19,977,773 shares of the stock in a transaction on Monday, December 4th. The stock was sold at an average price of $28.00, for a total transaction of $559,377,644.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.56% of the stock is currently owned by corporate insiders.

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US Foods Profile

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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Institutional Ownership by Quarter for US Foods (NYSE:USFD)

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