Credit score Suisse AG lifted its stake in shares of US Meals Holding Corp. (NYSE:USFD) by 0.7% in the course of the third quarter, in line with its most up-to-date 13F submitting with the Securities and Alternate Fee. The fund owned 199,198 shares of the corporate’s inventory after buying a further 1,441 shares in the course of the quarter. Credit score Suisse AG owned 0.09% of US Meals price $6,904,000 as of its most up-to-date submitting with the Securities and Alternate Fee.
A number of different institutional traders additionally just lately made modifications to their positions in USFD. Moors & Cabot Inc. acquired a brand new stake in US Meals in the course of the third quarter price roughly $26,000. Pacer Advisors Inc. acquired a brand new stake in US Meals in the course of the third quarter price roughly $65,000. Advisory Companies Community LLC acquired a brand new stake in US Meals in the course of the 2nd quarter price roughly $139,000. Ossiam boosted its place in US Meals by 11.3% in the course of the 2nd quarter. Ossiam now owns 4,326 shares of the corporate’s inventory price $149,000 after shopping for a further 439 shares in the course of the interval. Lastly, Metropolitan Life Insurance coverage Co NY acquired a brand new place in shares of US Meals within the 2nd quarter price roughly $175,000.
NYSE USFD opened at $36.89 on Wednesday. US Meals Holding Corp. has a 1 12 months low of $30.02 and a 1 12 months excessive of $42.10. The corporate has a debt-to-equity ratio of 1.45, a fast ratio of 0.94 and a present ratio of 1.48. The corporate has a market cap of $8.22 billion, a price-to-earnings ratio of 239.62, a price-to-earnings-growth ratio of 0.72 and a beta of 1.72. The enterprise has a fifty day shifting common value of $34.39.
US Meals (NYSE:USFD) final posted its earnings outcomes on Sunday, November seventh. The corporate reported $0.48 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.48. US Meals had a internet margin of 0.30% and a return on fairness of 9.52%. The agency had income of $7.89 billion in the course of the quarter, in comparison with analyst estimates of $7.61 billion. Throughout the identical quarter within the prior 12 months, the enterprise posted $0.15 EPS. The enterprise’s income was up 34.9% in comparison with the identical quarter final 12 months. Equities analysts forecast that US Meals Holding Corp. will submit 1.46 EPS for the present fiscal 12 months.
Numerous analysis analysts have just lately issued studies on the inventory. TheStreet downgraded shares of US Meals from a “b-” ranking to a “c+” ranking in a analysis report on Wednesday, November twenty fourth. Morgan Stanley dropped their value goal on shares of US Meals from $41.00 to $40.00 and set an “equal weight” ranking on the inventory in a analysis report on Wednesday, October thirteenth. Barclays dropped their value goal on shares of US Meals from $38.00 to $35.00 and set an “equal weight” ranking on the inventory in a analysis report on Wednesday, December fifteenth. Zacks Funding Analysis downgraded shares of US Meals from a “maintain” ranking to a “robust promote” ranking in a analysis report on Friday, February 4th. Lastly, Deutsche Financial institution Aktiengesellschaft began protection on shares of US Meals in a analysis report on Tuesday, January 18th. They set a “purchase” ranking and a $44.00 goal value on the inventory. One equities analysis analyst has rated the inventory with a promote ranking, 4 have assigned a maintain ranking and 5 have given a purchase ranking to the corporate. Based on information from MarketBeat, the inventory has a median ranking of “Maintain” and a consensus value goal of $41.50.
US Meals Firm Profile
US Meals Holding Corp. operates as a foodservice distributor. Its merchandise embody frozen and dry meals and non-food merchandise to foodservice prospects all through the U.S. The corporate provides providers underneath manufacturers Chef’s Line, del Pasado, Glenview Farms, Cattleman’s Choice, Cross Valley Farms, Harbor Banks, Hilltop Fireplace, Devonshire, and Metro Deli.
Need Extra Nice Investing Concepts?