Mount Yale Investment Advisors LLC Increases Stock Position in US Foods Holding Corp. (NYSE:USFD)

Mount Yale Investment Advisors LLC raised its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 94.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,496 shares of the company's stock after buying an additional 11,431 shares during the quarter. Mount Yale Investment Advisors LLC's holdings in US Foods were worth $1,445,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of USFD. Davis Investment Partners LLC boosted its position in US Foods by 0.7% during the 3rd quarter. Davis Investment Partners LLC now owns 28,864 shares of the company's stock worth $1,775,000 after buying an additional 193 shares during the period. Quent Capital LLC boosted its position in US Foods by 87.6% during the 3rd quarter. Quent Capital LLC now owns 469 shares of the company's stock worth $29,000 after buying an additional 219 shares during the period. OLD National Bancorp IN boosted its position in US Foods by 5.0% during the 2nd quarter. OLD National Bancorp IN now owns 6,289 shares of the company's stock worth $333,000 after buying an additional 301 shares during the period. US Bancorp DE boosted its position in US Foods by 3.8% during the 1st quarter. US Bancorp DE now owns 9,355 shares of the company's stock worth $505,000 after buying an additional 344 shares during the period. Finally, GAMMA Investing LLC lifted its position in shares of US Foods by 19.6% in the 3rd quarter. GAMMA Investing LLC now owns 2,222 shares of the company's stock worth $137,000 after purchasing an additional 364 shares during the period. 98.76% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on USFD shares. JPMorgan Chase & Co. boosted their price target on shares of US Foods from $60.00 to $68.00 and gave the stock a "neutral" rating in a research report on Monday, September 16th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of US Foods from $72.00 to $75.00 and gave the stock a "buy" rating in a report on Friday, August 9th. Jefferies Financial Group upped their price objective on shares of US Foods from $66.00 to $71.00 and gave the stock a "buy" rating in a report on Wednesday, September 25th. Wells Fargo & Company increased their target price on shares of US Foods from $66.00 to $75.00 and gave the company an "overweight" rating in a report on Wednesday, September 18th. Finally, StockNews.com upgraded shares of US Foods from a "buy" rating to a "strong-buy" rating in a research report on Thursday, October 10th. One equities research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $66.82.

US Foods Stock Performance

NYSE:USFD traded up $0.03 on Friday, reaching $60.74. 1,344,751 shares of the company's stock were exchanged, compared to its average volume of 1,795,050. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.29 and a quick ratio of 0.81. The firm has a market cap of $14.93 billion, a price-to-earnings ratio of 29.92, a P/E/G ratio of 1.02 and a beta of 1.66. US Foods Holding Corp. has a 52 week low of $36.75 and a 52 week high of $63.13. The stock has a fifty day simple moving average of $60.29 and a 200-day simple moving average of $55.38.

US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.93 EPS for the quarter, meeting analysts' consensus estimates of $0.93. US Foods had a net margin of 1.42% and a return on equity of 13.43%. The company had revenue of $9.71 billion during the quarter, compared to analyst estimates of $9.62 billion. During the same period last year, the business earned $0.73 earnings per share. US Foods's revenue was up 7.7% compared to the same quarter last year. As a group, sell-side analysts predict that US Foods Holding Corp. will post 2.9 earnings per share for the current year.

Insider Activity

In other news, CFO Dirk J. Locascio sold 10,000 shares of the firm's stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $57.95, for a total value of $579,500.00. Following the completion of the transaction, the chief financial officer now directly owns 88,563 shares in the company, valued at approximately $5,132,225.85. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.70% of the stock is owned by company insiders.

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.