Aurora Investment Counsel purchased a new stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 25,597 shares of the company's stock, valued at approximately $1,574,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ontario Teachers Pension Plan Board bought a new position in US Foods during the 3rd quarter valued at $350,000. First Horizon Advisors Inc. boosted its stake in US Foods by 54.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company's stock valued at $35,000 after purchasing an additional 202 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in US Foods by 29.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 13,943 shares of the company's stock valued at $857,000 after purchasing an additional 3,183 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new position in US Foods during the 3rd quarter valued at $5,501,000. Finally, Fifth Third Wealth Advisors LLC boosted its stake in US Foods by 1,270.9% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 94,150 shares of the company's stock valued at $5,790,000 after purchasing an additional 87,282 shares in the last quarter. 98.76% of the stock is owned by institutional investors.
US Foods Stock Up 0.1 %
US Foods stock opened at $66.56 on Thursday. The firm's 50 day moving average price is $62.37 and its two-hundred day moving average price is $57.04. The firm has a market cap of $15.50 billion, a PE ratio of 28.57, a P/E/G ratio of 1.10 and a beta of 1.66. US Foods Holding Corp. has a twelve month low of $42.19 and a twelve month high of $68.00. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19.
Insider Transactions at US Foods
In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of US Foods stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $57.95, for a total value of $579,500.00. Following the completion of the sale, the chief financial officer now directly owns 88,563 shares in the company, valued at $5,132,225.85. The trade was a 10.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.70% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on USFD. Barclays increased their price objective on US Foods from $71.00 to $78.00 and gave the company an "overweight" rating in a research report on Friday, November 8th. StockNews.com upgraded US Foods from a "buy" rating to a "strong-buy" rating in a research report on Thursday, October 10th. Wells Fargo & Company increased their price objective on US Foods from $66.00 to $75.00 and gave the company an "overweight" rating in a research report on Wednesday, September 18th. UBS Group increased their price objective on US Foods from $67.00 to $77.00 and gave the company a "buy" rating in a research report on Friday, November 8th. Finally, Jefferies Financial Group increased their price objective on US Foods from $66.00 to $71.00 and gave the company a "buy" rating in a research report on Wednesday, September 25th. One equities research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, US Foods has an average rating of "Buy" and an average target price of $71.09.
Get Our Latest Analysis on US Foods
US Foods Company Profile
(
Free Report)
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.
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