HRT Financial LLC Buys Shares of 7,296 US Foods Holding Corp (NYSE:USFD)

HRT Financial LLC acquired a new position in shares of US Foods Holding Corp (NYSE:USFD) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 7,296 shares of the company’s stock, valued at approximately $230,000.

Other institutional investors also recently bought and sold shares of the company. Penserra Capital Management LLC purchased a new position in US Foods in the fourth quarter valued at about $30,000. Lindbrook Capital LLC purchased a new position in shares of US Foods during the 4th quarter worth approximately $39,000. IFP Advisors Inc increased its stake in shares of US Foods by 635.1% during the 4th quarter. IFP Advisors Inc now owns 2,367 shares of the company’s stock worth $74,000 after purchasing an additional 2,045 shares in the last quarter. Oppenheimer Asset Management Inc. purchased a new position in shares of US Foods during the 4th quarter worth approximately $90,000. Finally, Tower Research Capital LLC TRC purchased a new position in shares of US Foods during the 3rd quarter worth approximately $123,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Separately, Pivotal Research reissued a “hold” rating and set a $32.00 price objective on shares of US Foods in a research note on Wednesday, February 13th. Six analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $37.89.

In other US Foods news, EVP Steven Guberman sold 10,834 shares of the business’s 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Dirk J. Locascio sold 24,068 shares of the business’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $34.24, for a total transaction of $824,088.32. Following the transaction, the chief financial officer now directly owns 33,566 shares of the company’s stock, valued at $1,149,299.84. The disclosure for this sale can be found here. Insiders have sold a total of 43,460 shares of company stock worth $1,506,491 in the last ninety days. 0.80% of the stock is currently owned by insiders.

Shares of USFD traded down $0.19 during mid-day trading on Wednesday, reaching $36.09. The company had a trading volume of 1,000,109 shares, compared to its average volume of 1,598,945. The firm has a market cap of $7.71 billion, a PE ratio of 17.78, a price-to-earnings-growth ratio of 0.87 and a beta of 0.53. US Foods Holding Corp has a fifty-two week low of $27.51 and a fifty-two week high of $40.92. The company has a quick ratio of 0.82, a current ratio of 1.43 and a debt-to-equity ratio of 1.04.

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

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About US Foods

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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