US Foods (NYSE:USFD) Stock Rating Lowered by StockNews.com

US Foods (NYSE:USFD) was downgraded by equities research analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

USFD has been the topic of several other reports. UBS Group lifted their target price on US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, February 14th. Piper Sandler lifted their price objective on US Foods from $75.00 to $77.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 18th. Barclays increased their target price on shares of US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Melius Research upgraded shares of US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. Finally, Jefferies Financial Group increased their price objective on shares of US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $71.09.

US Foods Stock Performance

NYSE:USFD opened at $64.36 on Friday. The stock’s 50-day moving average is $68.85 and its 200-day moving average is $66.23. The stock has a market cap of $14.83 billion, a P/E ratio of 31.86, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65. US Foods has a 1-year low of $49.65 and a 1-year high of $73.19. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06.

US Foods (NYSE:USFD) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.01). The business had revenue of $9.49 billion during the quarter, compared to analyst estimates of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. Equities research analysts anticipate that US Foods will post 3.59 earnings per share for the current year.

Insider Transactions at US Foods

In other news, Director David W. Bullock bought 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the acquisition, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.70% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in USFD. California State Teachers Retirement System raised its holdings in shares of US Foods by 0.5% in the 4th quarter. California State Teachers Retirement System now owns 224,339 shares of the company’s stock worth $15,134,000 after acquiring an additional 1,171 shares during the last quarter. 111 Capital purchased a new stake in shares of US Foods in the fourth quarter worth approximately $628,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of US Foods by 183.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 27,894 shares of the company’s stock valued at $1,882,000 after purchasing an additional 18,057 shares in the last quarter. Brooklyn FI LLC purchased a new position in shares of US Foods during the fourth quarter valued at approximately $445,000. Finally, Focus Partners Advisor Solutions LLC bought a new position in US Foods during the 4th quarter valued at $232,000. 98.76% of the stock is owned by institutional investors.

US Foods Company Profile

US Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's 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.