Dean Investment Associates LLC Purchases 960 Shares of US Foods Holding Corp (USFD)

Dean Investment Associates LLC lifted its position in shares of US Foods Holding Corp (NYSE:USFD) by 3.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,287 shares of the company’s stock after purchasing an additional 960 shares during the period. Dean Investment Associates LLC’s holdings in US Foods were worth $883,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Penserra Capital Management LLC bought a new position in shares of US Foods during the fourth quarter worth approximately $30,000. Lindbrook Capital LLC bought a new position in US Foods during the 4th quarter worth $39,000. IFP Advisors Inc increased its stake in 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 acquiring an additional 2,045 shares during the period. Stevens First Principles Investment Advisors increased its stake in US Foods by 84.2% during the 1st quarter. Stevens First Principles Investment Advisors now owns 2,560 shares of the company’s stock worth $89,000 after acquiring an additional 1,170 shares during the period. Finally, Oppenheimer Asset Management Inc. bought a new position in US Foods during the 4th quarter worth $90,000. Institutional investors own 96.22% of the company’s stock.

A number of research firms have commented on USFD. Zacks Investment Research lowered US Foods from a “buy” rating to a “hold” rating in a research note on Saturday, May 11th. Pivotal Research reaffirmed a “hold” rating and issued a $32.00 target price on shares of US Foods in a report on Thursday, May 9th. Finally, Buckingham Research raised US Foods from a “neutral” rating to a “buy” rating and raised their target price for the company from $32.00 to $48.00 in a report on Wednesday, May 8th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $39.80.

In other US Foods news, insider David A. Rickard sold 8,558 shares of US Foods 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 transaction, the insider now directly owns 32,100 shares of the company’s stock, valued at approximately $1,117,401. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Dirk J. Locascio sold 24,068 shares of US Foods stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $34.24, for a total value of $824,088.32. Following the transaction, the chief financial officer now directly owns 33,566 shares in the company, valued at $1,149,299.84. The disclosure for this sale can be found here. In the last three months, insiders have sold 53,958 shares of company stock worth $1,929,409. 0.80% of the stock is currently owned by company insiders.

NYSE USFD opened at $36.98 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.82 and a current ratio of 1.39. US Foods Holding Corp has a twelve month low of $27.51 and a twelve month high of $40.92. The firm has a market cap of $8.37 billion, a P/E ratio of 18.22, a PEG ratio of 2.08 and a beta of 0.55.

US Foods (NYSE:USFD) last released its quarterly earnings data on Tuesday, May 7th. The company reported $0.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.02. US Foods had a return on equity of 14.10% and a net margin of 1.69%. The company had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.96 billion. During the same quarter last year, the business posted $0.35 EPS. US Foods’s revenue for the quarter was up 3.6% on a year-over-year basis. On average, analysts forecast that US Foods Holding Corp will post 2.19 earnings per share for the current fiscal 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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