Gotham Asset Management LLC Invests $881,000 in US Foods Holding Corp (USFD)

Gotham Asset Management LLC acquired a new position in shares of US Foods Holding Corp (NYSE:USFD) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 27,582 shares of the company’s stock, valued at approximately $881,000.

Other hedge funds also recently made changes to their positions in the company. Financial Gravity Companies Inc. purchased a new position in shares of US Foods during the 4th quarter worth about $132,000. Cerebellum GP LLC purchased a new position in shares of US Foods during the 4th quarter worth about $135,000. American International Group Inc. purchased a new position in shares of US Foods during the 4th quarter worth about $137,000. Tower Research Capital LLC TRC lifted its holdings in shares of US Foods by 2,909.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 6,139 shares of the company’s stock worth $196,000 after acquiring an additional 5,935 shares during the period. Finally, ETRADE Capital Management LLC purchased a new position in shares of US Foods during the 4th quarter worth about $214,000. Institutional investors and hedge funds own 99.83% of the company’s stock.

Shares of NYSE:USFD opened at $32.77 on Friday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.41 and a quick ratio of 0.80. US Foods Holding Corp has a 52-week low of $25.43 and a 52-week high of $35.10. The company has a market capitalization of $7,050.33, a price-to-earnings ratio of 36.01, a PEG ratio of 0.99 and a beta of 0.43.

US Foods (NYSE:USFD) last issued its quarterly earnings data on Thursday, February 15th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by ($0.03). US Foods had a net margin of 1.84% and a return on equity of 10.70%. The firm had revenue of $6 billion during the quarter, compared to analyst estimates of $5.92 billion. During the same period last year, the business earned $0.53 EPS. The firm’s revenue was up 5.6% compared to the same quarter last year. analysts anticipate that US Foods Holding Corp will post 1.95 EPS for the current fiscal year.

In other US Foods news, CEO Pietro Satriano sold 163,284 shares of the stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $33.04, for a total value of $5,394,903.36. Following the completion of the sale, the chief executive officer now owns 340,989 shares of the company’s stock, valued at $11,266,276.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider David A. Rickard sold 17,176 shares of the stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $32.44, for a total transaction of $557,189.44. Following the completion of the sale, the insider now directly owns 30,106 shares of the company’s stock, valued at approximately $976,638.64. The disclosure for this sale can be found here. Insiders sold 644,029 shares of company stock valued at $21,423,827 in the last ninety days. 0.57% of the stock is owned by corporate insiders.

Several brokerages have recently weighed in on USFD. Royal Bank of Canada reiterated a “buy” rating and set a $38.00 price objective on shares of US Foods in a report on Friday, February 2nd. Morgan Stanley reissued an “equal weight” rating and set a $40.00 target price (up previously from $38.00) on shares of US Foods in a research report on Friday, March 16th. Zacks Investment Research raised shares of US Foods from a “hold” rating to a “strong-buy” rating and set a $37.00 target price for the company in a research report on Thursday, February 22nd. Guggenheim reissued a “buy” rating and set a $40.00 target price on shares of US Foods in a research report on Sunday, January 28th. Finally, Barclays downgraded shares of US Foods from an “overweight” rating to an “equal weight” rating and set a $32.00 target price for the company. in a research report on Tuesday, January 16th. Five investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $36.67.

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

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