12,395 Shares in US Foods Holding Corp. (NYSE:USFD) Acquired by Kesler Norman & Wride LLC

Kesler Norman & Wride LLC bought a new position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 12,395 shares of the company's stock, valued at approximately $836,000.

A number of other institutional investors have also recently added to or reduced their stakes in USFD. EverSource Wealth Advisors LLC lifted its stake in shares of US Foods by 59.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock valued at $32,000 after purchasing an additional 178 shares during the period. R Squared Ltd bought a new position in shares of US Foods during the 4th quarter worth approximately $34,000. Smartleaf Asset Management LLC grew its position in shares of US Foods by 50.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 727 shares of the company's stock worth $49,000 after buying an additional 243 shares during the period. J.Safra Asset Management Corp increased its stake in shares of US Foods by 38.5% in the 4th quarter. J.Safra Asset Management Corp now owns 806 shares of the company's stock valued at $55,000 after acquiring an additional 224 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in shares of US Foods by 112.2% during the 4th quarter. Versant Capital Management Inc now owns 855 shares of the company's stock valued at $58,000 after acquiring an additional 452 shares during the period. 98.76% of the stock is owned by institutional investors.

Insider Buying and Selling at US Foods

In other news, Director David W. Bullock purchased 4,000 shares of US Foods stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average cost of $71.06 per share, with a total value of $284,240.00. Following the completion of the purchase, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.70% of the stock is currently owned by corporate insiders.

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Analyst Upgrades and Downgrades

USFD has been the topic of a number of research analyst reports. Truist Financial increased their price objective on shares of US Foods from $78.00 to $80.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. Melius Research raised shares of US Foods to a "strong-buy" rating in a research report on Wednesday, December 18th. Jefferies Financial Group raised their target price on US Foods from $79.00 to $82.00 and gave the company a "buy" rating in a report on Monday, December 16th. Barclays lifted their price objective on shares of US Foods from $82.00 to $85.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Finally, Piper Sandler boosted their price target on shares of US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a report on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, US Foods currently has a consensus rating of "Buy" and an average price target of $71.09.

US Foods Price Performance

Shares of USFD traded down $3.22 during midday trading on Friday, reaching $61.80. The stock had a trading volume of 3,361,588 shares, compared to its average volume of 1,962,604. US Foods Holding Corp. has a 12-month low of $49.65 and a 12-month high of $73.19. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06. The company's 50-day moving average is $68.23 and its 200 day moving average is $66.63. The company has a market capitalization of $14.24 billion, a price-to-earnings ratio of 30.59, a price-to-earnings-growth ratio of 1.03 and a beta of 1.38.

US Foods (NYSE:USFD - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.78 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.79 by ($0.01). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The company had revenue of $9.49 billion for the quarter, compared to the consensus estimate of $9.47 billion. On average, equities analysts predict that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

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.