US Foods Holding Corp. (NYSE:USFD) insider Andrew E. Iacobucci sold 14,468 shares of US Foods stock in a transaction that occurred on Friday, November 20th. The stock was sold at an average price of $29.92, for a total value of $432,882.56. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
NYSE:USFD opened at $30.01 on Friday. US Foods Holding Corp. has a 12-month low of $8.32 and a 12-month high of $42.28. The firm has a market capitalization of $6.63 billion, a P/E ratio of -214.34 and a beta of 1.47. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.62 and a quick ratio of 1.13. The business has a 50 day simple moving average of $24.97 and a 200 day simple moving average of $22.27.
US Foods (NYSE:USFD) last released its quarterly earnings data on Monday, November 2nd. The company reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.02). US Foods had a negative net margin of 0.11% and a positive return on equity of 7.25%. The company had revenue of $5.85 billion for the quarter, compared to analyst estimates of $5.91 billion. During the same quarter in the prior year, the firm earned $0.65 EPS. The company’s revenue for the quarter was down 10.5% compared to the same quarter last year. Research analysts anticipate that US Foods Holding Corp. will post 0.42 EPS for the current fiscal year.
A number of hedge funds have recently made changes to their positions in USFD. Bfsg LLC acquired a new position in US Foods during the 2nd quarter worth $204,000. First Trust Advisors LP lifted its holdings in shares of US Foods by 147.2% in the second quarter. First Trust Advisors LP now owns 605,498 shares of the company’s stock valued at $11,940,000 after buying an additional 360,603 shares during the period. Creative Planning acquired a new stake in shares of US Foods in the second quarter valued at $212,000. Denali Advisors LLC acquired a new stake in shares of US Foods in the second quarter valued at $489,000. Finally, World Asset Management Inc lifted its holdings in shares of US Foods by 18.2% in the second quarter. World Asset Management Inc now owns 11,875 shares of the company’s stock valued at $234,000 after buying an additional 1,829 shares during the period. Institutional investors own 90.11% of the company’s stock.
About US Foods
US Foods Holding Corp., through its subsidiary, US Foods, Inc, markets and distributes 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.
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