New Millennium Group LLC Acquires Shares of 23,117 US Foods Holding Corp. (NYSE:USFD)

New Millennium Group LLC purchased a new position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 23,117 shares of the company's stock, valued at approximately $1,559,000. US Foods accounts for about 0.9% of New Millennium Group LLC's portfolio, making the stock its 27th largest position.

Other large investors have also made changes to their positions in the company. Public Sector Pension Investment Board boosted its stake in shares of US Foods by 100.2% in the 3rd quarter. Public Sector Pension Investment Board now owns 6,000 shares of the company's stock valued at $369,000 after purchasing an additional 2,500,000 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of US Foods by 25.2% during the third quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company's stock worth $744,548,000 after buying an additional 2,435,357 shares during the last quarter. Congress Asset Management Co. acquired a new position in shares of US Foods during the third quarter worth $121,196,000. State Street Corp lifted its stake in shares of US Foods by 4.7% in the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company's stock valued at $433,299,000 after acquiring an additional 316,061 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its holdings in shares of US Foods by 4.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,841,961 shares of the company's stock valued at $420,781,000 after acquiring an additional 291,016 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Morgan Stanley upped their target price on US Foods from $76.00 to $82.00 and gave the stock an "overweight" rating in a report on Tuesday, January 21st. Melius began coverage on shares of US Foods in a report on Wednesday, December 18th. They issued a "buy" rating and a $12.00 price objective for the company. Truist Financial boosted their target price on shares of US Foods from $74.00 to $78.00 and gave the stock a "buy" rating in a report on Thursday, January 16th. Piper Sandler raised their price target on shares of US Foods from $61.00 to $75.00 and gave the company an "overweight" rating in a research note on Monday, November 11th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of US Foods from $68.00 to $69.00 and gave the stock a "neutral" rating in a research note on Friday, November 8th. One analyst has rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $68.92.

US Foods Trading Down 1.0 %

Shares of US Foods stock traded down $0.70 on Friday, hitting $71.02. 1,795,929 shares of the company's stock traded hands, compared to its average volume of 1,357,781. The company has a market capitalization of $16.54 billion, a price-to-earnings ratio of 30.48, a price-to-earnings-growth ratio of 0.96 and a beta of 1.67. The company has a fifty day moving average of $68.97 and a two-hundred day moving average of $62.90. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72. US Foods Holding Corp. has a one year low of $45.24 and a one year high of $72.84.

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.