US Foods Holding Corp (NYSE:USFD) Shares Sold by Fmr LLC

FMR LLC cut its holdings in US Foods Holding Corp (NYSE:USFD) by 2.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,850,720 shares of the company’s stock after selling 517,533 shares during the period. FMR LLC owned 8.20% of US Foods worth $564,796,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in USFD. Bank of New York Mellon Corp increased its position in shares of US Foods by 1.2% during the third quarter. Bank of New York Mellon Corp now owns 2,903,382 shares of the company’s stock worth $89,483,000 after acquiring an additional 34,643 shares during the period. Deutsche Bank AG increased its holdings in US Foods by 31.9% in the third quarter. Deutsche Bank AG now owns 2,067,166 shares of the company’s stock valued at $63,702,000 after buying an additional 500,251 shares during the last quarter. Highland Capital Management LLC increased its holdings in US Foods by 29.1% in the fourth quarter. Highland Capital Management LLC now owns 139,800 shares of the company’s stock valued at $4,423,000 after buying an additional 31,550 shares during the last quarter. Vanguard Group Inc. increased its holdings in US Foods by 8.2% in the third quarter. Vanguard Group Inc. now owns 19,776,137 shares of the company’s stock valued at $609,500,000 after buying an additional 1,496,976 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its holdings in US Foods by 1.9% in the fourth quarter. State of Alaska Department of Revenue now owns 23,097 shares of the company’s stock valued at $730,000 after buying an additional 429 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

In other news, EVP Steven Guberman sold 10,834 shares of the stock in a transaction dated Wednesday, February 13th. The shares were sold at an average price of $35.49, for a total transaction of $384,498.66. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider David A. Rickard sold 8,558 shares of the stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $34.81, for a total transaction of $297,903.98. Following the sale, the insider now owns 32,100 shares of the company’s stock, valued at approximately $1,117,401. The disclosure for this sale can be found here. Insiders sold 43,460 shares of company stock valued at $1,506,491 in the last 90 days. 0.80% of the stock is currently owned by insiders.

USFD has been the topic of several recent analyst reports. Pivotal Research reissued a “hold” rating and issued a $32.00 target price on shares of US Foods in a report on Wednesday, February 13th. TheStreet raised US Foods from a “c” rating to a “b-” rating in a report on Tuesday, December 18th. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $37.89.

NYSE:USFD traded down $0.08 during trading hours on Monday, hitting $35.55. The company’s stock had a trading volume of 683,630 shares, compared to its average volume of 1,631,782. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.43 and a quick ratio of 0.82. US Foods Holding Corp has a 52-week low of $27.51 and a 52-week high of $40.92. The firm has a market capitalization of $7.73 billion, a PE ratio of 17.51, a price-to-earnings-growth ratio of 0.86 and a beta of 0.53.

US Foods (NYSE:USFD) last released its quarterly earnings data on Tuesday, February 12th. The company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.04). US Foods had a net margin of 1.68% and a return on equity of 14.18%. The company had revenue of $6.04 billion during the quarter, compared to analyst estimates of $5.98 billion. During the same quarter in the prior year, the company earned $0.44 EPS. The business’s revenue was up .8% on a year-over-year basis. As a group, equities analysts anticipate that US Foods Holding Corp will post 2.2 EPS for the current year.

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US Foods Profile

US Foods Holding Corp., through its subsidiary, US Foods, Inc, markets and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States. Its 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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