US Foods Holding Corp. (NYSE:USFD) Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC increased its position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 6.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,972,930 shares of the company's stock after acquiring an additional 241,900 shares during the quarter. Geode Capital Management LLC owned about 1.71% of US Foods worth $244,401,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of USFD. Acadian Asset Management LLC acquired a new position in shares of US Foods during the second quarter worth $25,000. Quent Capital LLC increased its position in US Foods by 87.6% during the 3rd quarter. Quent Capital LLC now owns 469 shares of the company's stock valued at $29,000 after buying an additional 219 shares in the last quarter. International Assets Investment Management LLC acquired a new position in US Foods during the 2nd quarter valued at about $30,000. Ashton Thomas Securities LLC purchased a new stake in US Foods in the third quarter valued at about $31,000. Finally, Huntington National Bank boosted its holdings in US Foods by 332.5% in the third quarter. Huntington National Bank now owns 532 shares of the company's stock worth $33,000 after acquiring an additional 409 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.

US Foods Stock Performance

Shares of USFD stock traded up $0.54 on Friday, hitting $69.50. The company had a trading volume of 1,648,842 shares, compared to its average volume of 1,835,168. The firm has a market cap of $16.19 billion, a P/E ratio of 29.83, a price-to-earnings-growth ratio of 1.15 and a beta of 1.68. US Foods Holding Corp. has a twelve month low of $43.24 and a twelve month high of $72.84. The company has a 50-day moving average price of $65.54 and a 200-day moving average price of $59.06. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. upped 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. Jefferies Financial Group upped their price target on shares of US Foods from $66.00 to $71.00 and gave the company a "buy" rating in a research note on Wednesday, September 25th. StockNews.com upgraded shares of US Foods from a "buy" rating to a "strong-buy" rating in a research note on Thursday, October 10th. UBS Group boosted their price objective 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. Finally, Barclays raised their target price on US Foods from $71.00 to $78.00 and gave the stock an "overweight" rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Buy" and an average target price of $71.09.

About US Foods

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.