Mutual of America Capital Management LLC Sells 9,122 Shares of US Foods Holding Corp. (NYSE:USFD)

Mutual of America Capital Management LLC lessened its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 6.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 123,048 shares of the company's stock after selling 9,122 shares during the period. Mutual of America Capital Management LLC owned about 0.05% of US Foods worth $8,301,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ashton Thomas Securities LLC acquired a new stake in shares of US Foods in the 3rd quarter worth about $31,000. R Squared Ltd purchased a new stake in US Foods in the 4th quarter valued at about $34,000. Huntington National Bank increased its stake in US Foods by 332.5% in the 3rd quarter. Huntington National Bank now owns 532 shares of the company's stock valued at $33,000 after buying an additional 409 shares during the last quarter. Capital Performance Advisors LLP purchased a new stake in US Foods in the 3rd quarter valued at about $34,000. Finally, First Horizon Advisors Inc. increased its stake in US Foods by 54.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company's stock valued at $35,000 after buying an additional 202 shares during the last quarter. Institutional investors and hedge funds own 98.76% of the company's stock.

US Foods Stock Performance

USFD traded down $2.23 on Thursday, hitting $66.91. The company's stock had a trading volume of 762,861 shares, compared to its average volume of 1,818,392. The company's 50 day simple moving average is $69.52 and its 200-day simple moving average is $65.65. The firm has a market cap of $15.41 billion, a P/E ratio of 33.25, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65. US Foods Holding Corp. has a 12 month low of $49.65 and a 12 month high of $73.19. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06.

US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.01). The business had revenue of $9.49 billion during the quarter, compared to the consensus estimate of $9.47 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. Analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current year.

Insider Buying and Selling

In other news, Director David W. Bullock purchased 4,000 shares of the business's stock in a transaction on Tuesday, February 18th. The stock was purchased at an average cost of $71.06 per share, with a total value of $284,240.00. Following the acquisition, 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.70% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

USFD has been the subject of several analyst reports. Melius initiated coverage on shares of US Foods in a research note on Wednesday, December 18th. They issued a "buy" rating and a $12.00 price objective for the company. Piper Sandler increased their price objective on shares of US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a research note on Tuesday, February 18th. Truist Financial increased their price objective on shares of US Foods from $78.00 to $80.00 and gave the company a "buy" rating in a research note on Friday, February 14th. Melius Research upgraded shares of US Foods to a "strong-buy" rating in a research note on Wednesday, December 18th. Finally, Jefferies Financial Group increased their price objective on shares of US Foods from $79.00 to $82.00 and gave the company a "buy" rating in a research note on Monday, December 16th. One investment analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, US Foods currently has a consensus rating of "Buy" and an average price target of $70.33.

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.