Janus Henderson Group PLC Lowers Position in US Foods Holding Corp. (NYSE:USFD)

Janus Henderson Group PLC lessened its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 6.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 102,359 shares of the company's stock after selling 7,400 shares during the period. Janus Henderson Group PLC's holdings in US Foods were worth $6,294,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on USFD. Piper Sandler upped their price target on US Foods from $61.00 to $75.00 and gave the stock an "overweight" rating in a report on Monday, November 11th. Wells Fargo & Company upped their price target on US Foods from $66.00 to $75.00 and gave the stock an "overweight" rating in a report on Wednesday, September 18th. Jefferies Financial Group upped their price objective on US Foods from $66.00 to $71.00 and gave the company a "buy" rating in a research note on Wednesday, September 25th. Truist Financial upped their price objective on US Foods from $66.00 to $74.00 and gave the company a "buy" rating in a research note on Friday, November 8th. Finally, UBS Group upped their price objective on US Foods from $67.00 to $77.00 and gave the company a "buy" rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $71.09.

Insider Activity

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of US Foods stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $57.95, for a total transaction of $579,500.00. Following the completion of the transaction, the chief financial officer now owns 88,563 shares in the company, valued at approximately $5,132,225.85. The trade was a 10.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.70% of the stock is currently owned by company insiders.

US Foods Stock Up 0.6 %

Shares of USFD traded up $0.44 on Tuesday, reaching $69.98. The stock had a trading volume of 1,905,211 shares, compared to its average volume of 1,817,454. The firm has a market capitalization of $16.30 billion, a price-to-earnings ratio of 30.03, a price-to-earnings-growth ratio of 1.19 and a beta of 1.68. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19. The company has a 50-day simple moving average of $65.05 and a 200-day simple moving average of $58.71. US Foods Holding Corp. has a 12-month low of $43.24 and a 12-month high of $72.84.

US Foods 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.