Insider Buying at US Foods Holding Corp.

US Foods Holding Corp. (NYSE:USFD) has recently seen notable insider buying, with director David W. Bullock acquiring 4,000 shares of the company's stock on February 18th. The shares were purchased at an average price of $71.06 each, bringing the total investment to $284,240. As a result of this transaction, Bullock now holds a total of 4,500 shares, valued at approximately $319,770. This purchase represents a significant 800% increase in his ownership stake in the company. The details of this acquisition have been publicly disclosed in documents filed with the Securities and Exchange Commission (SEC).

US Foods Stock Performance

As of mid-day trading on Wednesday, US Foods stock has shown a slight increase of $0.71, raising its price to $71.56. The trading volume reached 2,652,686 shares, surpassing the average volume of 2,033,583 shares. Over the past year, US Foods has experienced a low of $49.64 and a high of $73.00. The company maintains a 50-day moving average of $69.11 and a 200-day moving average of $64.47. Financial metrics reveal a current ratio of 1.21, quick ratio of 0.71, and a debt-to-equity ratio of 1.06, while the market capitalization stands around $16.49 billion. Analysts have reported a P/E ratio of 35.42 and a P/E/G ratio of 0.96, indicating positive valuations.

Recent Earnings Results

US Foods reported its latest quarterly earnings on February 13th, with earnings per share (EPS) of $0.78, falling slightly short of the expected $0.79. The company's net margin is reported at 1.30% with a return on equity of 15.03%. Total revenues came in at $9.49 billion, exceeding analyst expectations of $9.47 billion. Looking forward, analysts forecast that US Foods Holding Corp. will achieve an EPS of approximately 3.61 for the current fiscal year.

Hedge Fund Activities

In recent months, hedge funds have been actively trading US Foods shares. For instance, Creative Planning increased its stake by 13.5% in the third quarter, investing in an additional 1,547 shares to reach a total of 12,978 shares valued at $798,000. Additionally, First Citizens Bank & Trust Co. entered a new position valued at $261,000. Allspring Global Investments also boosted its investment by 15.4%, acquiring 1,137 more shares and raising their total to 8,518 shares worth $524,000. Hedge funds and institutional investors collectively hold 98.76% of US Foods' stock.

Wall Street Analyst Opinions

USFD has received several favorable analyst reports. Truist Financial recently raised its target price for the stock from $78.00 to $80.00 while maintaining a "buy" rating. Barclays also increased its price objective from $82.00 to $85.00, giving it an "overweight" rating. Analysts' assessments indicate one hold rating, eleven buy ratings, and two strong buy ratings for US Foods, demonstrating a consensus rating of "Buy" with a target price of $70.33 according to MarketBeat.

Company Overview

US Foods Holding Corp. is involved in the marketing, sale, and distribution of a wide array of food and non-food products to various foodservice customers throughout the United States. Their clientele includes single and multi-unit restaurants, hospitals, hotels, and colleges, among others.

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