First Hawaiian Bank Raises Stock Holdings in US Foods Holding Corp. (NYSE:USFD)

First Hawaiian Bank raised its position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 31.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 71,316 shares of the company's stock after purchasing an additional 16,926 shares during the quarter. First Hawaiian Bank's holdings in US Foods were worth $4,811,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of USFD. Retirement Systems of Alabama boosted its position in shares of US Foods by 5.4% during the third quarter. Retirement Systems of Alabama now owns 348,979 shares of the company's stock valued at $21,462,000 after buying an additional 17,897 shares during the last quarter. State Street Corp boosted its holdings in shares of US Foods by 4.7% during the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company's stock valued at $433,299,000 after acquiring an additional 316,061 shares during the last quarter. Oppenheimer Asset Management Inc. grew its stake in shares of US Foods by 121.6% in the third quarter. Oppenheimer Asset Management Inc. now owns 51,452 shares of the company's stock worth $3,164,000 after acquiring an additional 28,232 shares during the period. Jag Capital Management LLC raised its holdings in shares of US Foods by 3,175.1% during the third quarter. Jag Capital Management LLC now owns 169,227 shares of the company's stock valued at $10,407,000 after purchasing an additional 164,060 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its position in US Foods by 72.0% during the third quarter. Venturi Wealth Management LLC now owns 657 shares of the company's stock valued at $40,000 after purchasing an additional 275 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

USFD has been the subject of a number of research reports. Melius Research upgraded shares of US Foods to a "strong-buy" rating in a research note on Wednesday, December 18th. Melius assumed coverage on US Foods in a report on Wednesday, December 18th. They issued a "buy" rating and a $12.00 target price on the stock. StockNews.com upgraded US Foods from a "buy" rating to a "strong-buy" rating in a research note on Thursday, October 10th. Piper Sandler increased their price objective on shares of US Foods from $61.00 to $75.00 and gave the stock an "overweight" rating in a research note on Monday, November 11th. Finally, JPMorgan Chase & Co. boosted their target price on shares of US Foods from $68.00 to $69.00 and gave the company a "neutral" rating in a research report on Friday, November 8th. One research analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, US Foods currently has an average rating of "Buy" and an average target price of $67.08.

US Foods Trading Up 1.4 %

Shares of NYSE:USFD traded up $0.91 during trading on Wednesday, hitting $68.13. The company had a trading volume of 1,480,048 shares, compared to its average volume of 1,402,790. The stock has a market cap of $15.87 billion, a price-to-earnings ratio of 29.24, a price-to-earnings-growth ratio of 1.15 and a beta of 1.67. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72. The company has a fifty day simple moving average of $67.67 and a two-hundred day simple moving average of $60.83. US Foods Holding Corp. has a one year low of $44.81 and a one year high of $72.84.

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.