Insider Selling: US Foods Holding Corp (USFD) Director Sells 98,702 Shares of Stock
US Foods Holding Corp (NYSE:USFD) Director John Anthony Lederer sold 98,702 shares of the stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $33.23, for a total transaction of $3,279,867.46. Following the transaction, the director now directly owns 406,054 shares of the company’s stock, valued at $13,493,174.42. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
US Foods Holding Corp (USFD) traded up $0.24 on Thursday, reaching $32.53. 818,822 shares of the company traded hands, compared to its average volume of 2,928,281. The company has a market cap of $7,181.20, a P/E ratio of 24.97, a PEG ratio of 0.89 and a beta of 0.86. US Foods Holding Corp has a 52 week low of $25.43 and a 52 week high of $33.91. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.81 and a current ratio of 1.40.
US Foods (NYSE:USFD) last released its quarterly earnings data on Thursday, February 15th. The company reported $0.33 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by ($0.03). The business had revenue of $6 billion during the quarter, compared to the consensus estimate of $5.92 billion. US Foods had a return on equity of 10.80% and a net margin of 1.84%. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period last year, the business posted $0.53 earnings per share. equities analysts anticipate that US Foods Holding Corp will post 1.95 earnings per share for the current year.
A number of research analysts have recently weighed in on USFD shares. Morgan Stanley increased their target price on shares of US Foods from $37.00 to $38.00 and gave the company an “equal weight” rating in a research report on Friday, February 16th. Zacks Investment Research raised shares of US Foods from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a report on Friday, November 10th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $38.00 price objective on shares of US Foods in a report on Tuesday, February 13th. Pivotal Research reaffirmed a “hold” rating and issued a $33.00 price objective (up from $31.00) on shares of US Foods in a report on Sunday. Finally, BMO Capital Markets set a $37.00 price objective on shares of US Foods and gave the stock a “hold” rating in a report on Thursday, February 15th. Six research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $35.40.
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US Foods Company 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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