Systematic Financial Management LP grew its stake in shares of US Foods Holding Corp (NYSE:USFD) by 3.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,032,658 shares of the company’s stock after acquiring an additional 33,053 shares during the quarter. Systematic Financial Management LP owned about 0.46% of US Foods worth $32,973,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Cerebellum GP LLC purchased a new position in US Foods in the fourth quarter worth about $135,000. Tower Research Capital LLC TRC boosted its position in US Foods by 2,909.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,139 shares of the company’s stock worth $196,000 after purchasing an additional 5,935 shares during the last quarter. Brown Advisory Inc. purchased a new position in US Foods in the third quarter worth about $214,000. CrestPoint Capital Management LLC purchased a new position in shares of US Foods during the 4th quarter valued at about $224,000. Finally, Twin Tree Management LP lifted its position in shares of US Foods by 78.4% during the 4th quarter. Twin Tree Management LP now owns 7,357 shares of the company’s stock valued at $235,000 after buying an additional 3,233 shares in the last quarter. Institutional investors own 99.83% of the company’s stock.
In related news, insider David A. Rickard sold 17,176 shares of the company’s stock in a transaction on Tuesday, February 20th. The stock was 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 in the company, valued at approximately $976,638.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jay Kvasnicka sold 59,305 shares of the company’s stock in a transaction on Friday, March 9th. The stock was sold at an average price of $34.52, for a total value of $2,047,208.60. Following the sale, the insider now owns 18,862 shares of the company’s stock, valued at $651,116.24. The disclosure for this sale can be found here. Insiders sold a total of 644,029 shares of company stock valued at $21,423,827 over the last quarter. Company insiders own 1.56% of the company’s stock.
US Foods Holding Corp (NYSE USFD) opened at $34.01 on Wednesday. US Foods Holding Corp has a 1-year low of $25.43 and a 1-year high of $35.10. The company has a current ratio of 1.41, a quick ratio of 0.80 and a debt-to-equity ratio of 1.33. The stock has a market capitalization of $7,456.98, a price-to-earnings ratio of 17.18, a P/E/G ratio of 0.94 and a beta of 0.43.
US Foods (NYSE:USFD) last posted its quarterly earnings data on Thursday, February 15th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the Zacks’ 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 business had revenue of $6 billion for the quarter, compared to analysts’ expectations of $5.92 billion. During the same quarter in the previous year, the firm earned $0.53 EPS. US Foods’s revenue was up 5.6% compared to the same quarter last year. equities analysts expect that US Foods Holding Corp will post 1.95 earnings per share for the current year.
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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