Vise Technologies Inc. Takes Position in US Foods Holding Corp. $USFD

by · The Cerbat Gem

Vise Technologies Inc. acquired a new position in US Foods Holding Corp. (NYSE:USFD – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 12,091 shares of the company’s stock, valued at approximately $1,236,000.

Other institutional investors have also recently made changes to their positions in the company. Fifth Third Bancorp lifted its holdings in shares of US Foods by 2,548.1% in the 1st quarter. Fifth Third Bancorp now owns 75,392 shares of the company’s stock valued at $6,952,000 after buying an additional 72,545 shares during the period. University of Texas Texas AM Investment Management Co. acquired a new stake in US Foods during the fourth quarter worth about $4,221,000. BlackRock Inc. acquired a new stake in US Foods during the second quarter worth about $2,131,439,000. Sumitomo Mitsui Trust Group Inc. raised its position in US Foods by 9,713.4% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,243,456 shares of the company’s stock valued at $114,659,000 after acquiring an additional 1,230,785 shares in the last quarter. Finally, Premier Fund Managers Ltd purchased a new position in US Foods during the fourth quarter valued at approximately $23,818,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Insider Activity at US Foods

In other news, insider William Spencer Hancock sold 21,754 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $108.29, for a total value of $2,355,740.66. Following the transaction, the insider owned 101,144 shares in the company, valued at $10,952,883.76. This trade represents a 17.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Randy J. Taylor sold 11,630 shares of US Foods stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $110.37, for a total value of $1,283,603.10. Following the completion of the sale, the insider directly owned 73,618 shares in the company, valued at $8,125,218.66. This represents a 13.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.74% of the stock is currently owned by insiders.

US Foods Stock Up 1.0%

Shares of NYSE USFD opened at $109.52 on Friday. The firm has a market cap of $23.69 billion, a price-to-earnings ratio of 33.70, a price-to-earnings-growth ratio of 1.39 and a beta of 0.81. The company’s 50-day simple moving average is $100.96 and its 200-day simple moving average is $93.74. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.19. US Foods Holding Corp. has a 52-week low of $69.88 and a 52-week high of $111.42.

US Foods (NYSE:USFD – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.08. The firm had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.46 billion. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.19 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Equities analysts predict that US Foods Holding Corp. will post 4.41 EPS for the current fiscal year.

Analyst Ratings Changes

USFD has been the topic of several recent research reports. Citigroup upped their price objective on US Foods from $110.00 to $124.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. UBS Group lifted their target price on shares of US Foods from $117.00 to $127.00 and gave the company a “buy” rating in a report on Friday, August 7th. JPMorgan Chase & Co. decreased their target price on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Wall Street Zen raised shares of US Foods from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Finally, Wells Fargo & Company raised their price target on shares of US Foods from $110.00 to $125.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $113.92.

Read Our Latest Stock Report on USFD

US Foods Company Profile

(Free Report)

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.

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