Capstone Investment Advisors LLC Sells 7,679 Shares of US Foods Holding Corp. (NYSE:USFD)

Capstone Investment Advisors LLC trimmed its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 64.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,150 shares of the company's stock after selling 7,679 shares during the quarter. Capstone Investment Advisors LLC's holdings in US Foods were worth $255,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Bank of Montreal Can lifted its holdings in shares of US Foods by 0.3% during the 3rd quarter. Bank of Montreal Can now owns 66,848 shares of the company's stock valued at $4,022,000 after buying an additional 171 shares during the last quarter. Davis Investment Partners LLC increased its position in US Foods by 0.7% during the third quarter. Davis Investment Partners LLC now owns 28,864 shares of the company's stock worth $1,775,000 after acquiring an additional 193 shares during the period. First Horizon Advisors Inc. raised 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 during the last quarter. Quent Capital LLC boosted its holdings in US Foods by 87.6% in the 3rd quarter. Quent Capital LLC now owns 469 shares of the company's stock valued at $29,000 after purchasing an additional 219 shares during the period. Finally, CIBC Asset Management Inc grew its position in US Foods by 3.3% in the 3rd quarter. CIBC Asset Management Inc now owns 7,096 shares of the company's stock worth $436,000 after purchasing an additional 226 shares during the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at US Foods

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of the firm's 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 transaction, the chief financial officer now directly owns 88,563 shares of the company's stock, valued at approximately $5,132,225.85. This trade represents a 10.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.70% of the stock is currently owned by corporate insiders.

US Foods Trading Down 0.1 %

USFD stock traded down $0.08 during trading on Friday, hitting $69.77. The company had a trading volume of 865,304 shares, compared to its average volume of 1,903,295. The stock has a market cap of $16.25 billion, a price-to-earnings ratio of 29.94, a PEG ratio of 1.15 and a beta of 1.66. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01. The firm has a 50-day moving average price of $63.77 and a 200-day moving average price of $57.88. US Foods Holding Corp. has a 12 month low of $42.96 and a 12 month high of $70.80.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Truist Financial upped their price objective on shares of US Foods from $66.00 to $74.00 and gave the company a "buy" rating in a research report on Friday, November 8th. JPMorgan Chase & Co. raised their price objective on US Foods from $68.00 to $69.00 and gave the stock a "neutral" rating in a research report on Friday, November 8th. Wells Fargo & Company boosted 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. Barclays raised their target price on US Foods from $71.00 to $78.00 and gave the stock an "overweight" rating in a research report on Friday, November 8th. Finally, UBS Group boosted their price target on shares of US Foods from $67.00 to $77.00 and gave the company a "buy" rating in a report on Friday, November 8th. 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, the stock currently has an average rating of "Buy" and a consensus target price of $71.09.

US Foods Company Profile

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.