Curi RMB Capital LLC trimmed its position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 7.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 215,144 shares of the company's stock after selling 16,427 shares during the period. Curi RMB Capital LLC owned approximately 0.09% of US Foods worth $13,231,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of USFD. Vanguard Group Inc. lifted its position in shares of US Foods by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 23,019,003 shares of the company's stock worth $1,242,336,000 after buying an additional 796,434 shares during the last quarter. Boston Partners boosted its stake in shares of US Foods by 3.5% in the 1st quarter. Boston Partners now owns 16,527,901 shares of the company's stock valued at $891,073,000 after purchasing an additional 566,277 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of US Foods by 5.1% during the 2nd quarter. Victory Capital Management Inc. now owns 10,383,374 shares of the company's stock valued at $550,111,000 after purchasing an additional 500,129 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in US Foods by 46.0% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,550,945 shares of the company's stock worth $347,069,000 after purchasing an additional 2,064,321 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in US Foods by 14.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,528,776 shares of the company's stock valued at $239,940,000 after purchasing an additional 567,601 shares during the last quarter. 98.76% of the stock is owned by institutional investors.
Insider Transactions at US Foods
In other 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 transaction of $579,500.00. Following the completion of the sale, the chief financial officer now owns 88,563 shares of the company's stock, valued at $5,132,225.85. This trade represents a 10.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.70% of the company's stock.
US Foods Trading Down 1.3 %
Shares of USFD traded down $0.84 during trading hours on Thursday, hitting $65.98. 1,689,398 shares of the stock were exchanged, compared to its average volume of 1,805,422. The firm has a market capitalization of $15.37 billion, a P/E ratio of 28.32, a price-to-earnings-growth ratio of 1.12 and a beta of 1.66. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72. US Foods Holding Corp. has a fifty-two week low of $42.19 and a fifty-two week high of $68.00. The business has a 50-day moving average of $61.72 and a 200-day moving average of $56.59.
Wall Street Analyst Weigh In
A number of analysts have weighed in on the stock. StockNews.com raised shares of US Foods from a "buy" rating to a "strong-buy" rating in a research note on Thursday, October 10th. Jefferies Financial Group upped their target price on US Foods from $66.00 to $71.00 and gave the stock a "buy" rating in a report on Wednesday, September 25th. Piper Sandler lifted their price target on US Foods from $61.00 to $75.00 and gave the company an "overweight" rating in a research note on Monday. UBS Group boosted their price target on US Foods from $67.00 to $77.00 and gave the stock a "buy" rating in a report on Friday, November 8th. Finally, JPMorgan Chase & Co. raised their price objective on shares of US Foods from $68.00 to $69.00 and gave the company a "neutral" rating in a report on Friday, November 8th. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $71.09.
View Our Latest Analysis on USFD
US Foods 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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