Qsemble Capital Management LP Acquires New Position in US Foods Holding Corp. (NYSE:USFD)

Qsemble Capital Management LP acquired a new stake in US Foods Holding Corp. (NYSE:USFD - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,512 shares of the company's stock, valued at approximately $646,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Acadian Asset Management LLC bought a new stake in US Foods during the 2nd quarter valued at about $25,000. Quent Capital LLC raised its stake in shares of US Foods by 87.6% during the third quarter. Quent Capital LLC now owns 469 shares of the company's stock valued at $29,000 after acquiring an additional 219 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of US Foods in the second quarter valued at approximately $30,000. Ashton Thomas Securities LLC bought a new position in US Foods in the third quarter worth approximately $31,000. Finally, Huntington National Bank increased its holdings in US Foods by 332.5% during the 3rd quarter. Huntington National Bank now owns 532 shares of the company's stock worth $33,000 after purchasing an additional 409 shares during the period. Hedge funds and other institutional investors own 98.76% of the company's stock.

US Foods Stock Performance

Shares of USFD stock traded down $0.17 on Wednesday, hitting $70.00. The company had a trading volume of 83,563 shares, compared to its average volume of 1,801,252. The company has a 50-day moving average price of $63.27 and a 200-day moving average price of $57.58. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01. The firm has a market cap of $16.31 billion, a P/E ratio of 30.12, a price-to-earnings-growth ratio of 1.15 and a beta of 1.66. US Foods Holding Corp. has a twelve month low of $42.96 and a twelve month high of $70.80.

Insider Transactions at US Foods

In other news, CFO Dirk J. Locascio sold 10,000 shares of the company's stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $57.95, for a total transaction of $579,500.00. Following the completion of the transaction, the chief financial officer now directly owns 88,563 shares of the company's stock, valued at $5,132,225.85. This represents a 10.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.70% of the company's stock.

Wall Street Analyst Weigh In

USFD has been the topic of a number of recent research reports. Piper Sandler increased their price target on US Foods from $61.00 to $75.00 and gave the stock an "overweight" rating in a research report on Monday, November 11th. Barclays boosted their price target on shares of US Foods from $71.00 to $78.00 and gave the company an "overweight" rating in a report on Friday, November 8th. StockNews.com upgraded shares of US Foods from a "buy" rating to a "strong-buy" rating in a research note on Thursday, October 10th. Jefferies Financial Group boosted their price objective on shares of US Foods from $66.00 to $71.00 and gave the stock a "buy" rating in a research note on Wednesday, September 25th. Finally, Wells Fargo & Company lifted 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 issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $71.09.

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.