US Foods Holding Corp. (NYSE:USFD) Shares Acquired by M&T Bank Corp

M&T Bank Corp lifted its position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 70.3% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 19,074 shares of the company's stock after purchasing an additional 7,877 shares during the quarter. M&T Bank Corp's holdings in US Foods were worth $1,173,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of USFD. Quent Capital LLC raised its position in US Foods by 87.6% in the third quarter. Quent Capital LLC now owns 469 shares of the company's stock valued at $29,000 after purchasing an additional 219 shares during the period. Acadian Asset Management LLC purchased a new stake in shares of US Foods during the 2nd quarter valued at about $25,000. Ashton Thomas Securities LLC acquired a new position in US Foods during the 3rd quarter worth approximately $31,000. Huntington National Bank boosted its holdings in US Foods by 332.5% in the 3rd quarter. Huntington National Bank now owns 532 shares of the company's stock worth $33,000 after acquiring an additional 409 shares during the period. Finally, Capital Performance Advisors LLP acquired a new stake in US Foods in the third quarter valued at approximately $34,000. Institutional investors and hedge funds own 98.76% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on USFD. Jefferies Financial Group boosted their target price on shares of US Foods from $79.00 to $82.00 and gave the stock a "buy" rating in a research report on Monday. StockNews.com upgraded shares of US Foods from a "buy" rating to a "strong-buy" rating in a report on Thursday, October 10th. UBS Group upped their price objective on shares of US Foods from $67.00 to $77.00 and gave the company a "buy" rating in a research report on Friday, November 8th. JPMorgan Chase & Co. lifted their target price on US Foods from $68.00 to $69.00 and gave the stock a "neutral" rating in a research report on Friday, November 8th. Finally, Wells Fargo & Company increased their price target on US Foods from $66.00 to $75.00 and gave the company an "overweight" rating in a report on Wednesday, September 18th. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $72.09.

US Foods Stock Down 0.8 %

US Foods stock traded down $0.53 during midday trading on Monday, hitting $68.97. The stock had a trading volume of 1,727,384 shares, compared to its average volume of 1,814,369. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. The business has a fifty day moving average price of $65.54 and a 200 day moving average price of $59.06. US Foods Holding Corp. has a 12 month low of $43.42 and a 12 month high of $72.84. The stock has a market cap of $16.07 billion, a P/E ratio of 29.81, a P/E/G ratio of 1.15 and a beta of 1.68.

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.