Quantinno Capital Management LP Acquires 30,845 Shares of US Foods Holding Corp. (NYSE:USFD)

Quantinno Capital Management LP boosted its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 37.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 113,116 shares of the company's stock after buying an additional 30,845 shares during the period. Quantinno Capital Management LP's holdings in US Foods were worth $6,957,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Bank of Montreal Can increased its position in US Foods by 0.3% in the 3rd quarter. Bank of Montreal Can now owns 66,848 shares of the company's stock worth $4,022,000 after buying an additional 171 shares during the period. Davis Investment Partners LLC increased its position in US Foods by 0.7% in 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. First Horizon Advisors Inc. increased its position in US Foods by 54.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company's stock worth $35,000 after buying an additional 202 shares during the period. Quent Capital LLC increased its position 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 purchasing an additional 219 shares during the period. Finally, CIBC Asset Management Inc increased its position in shares of US Foods by 3.3% during the third quarter. CIBC Asset Management Inc now owns 7,096 shares of the company's stock valued at $436,000 after purchasing an additional 226 shares during the period. 98.76% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

USFD has been the topic of a number of research reports. StockNews.com upgraded US Foods from a "buy" rating to a "strong-buy" rating in a research report on Thursday, October 10th. JPMorgan Chase & Co. upped their price target on US Foods from $68.00 to $69.00 and gave the company a "neutral" rating in a research report on Friday, November 8th. Jefferies Financial Group upped their price target on US Foods from $66.00 to $71.00 and gave the company a "buy" rating in a research report on Wednesday, September 25th. Barclays boosted their price objective on US Foods from $71.00 to $78.00 and gave the stock an "overweight" rating in a research note on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on US Foods from $72.00 to $75.00 and gave the stock a "buy" rating in a research note on Friday, August 9th. 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 company. According to data from MarketBeat, US Foods currently has a consensus rating of "Buy" and a consensus price target of $71.09.

US Foods Trading Down 0.5 %

Shares of USFD traded down $0.33 during trading hours on Friday, hitting $72.00. 1,103,824 shares of the stock traded hands, compared to its average volume of 1,830,891. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. US Foods Holding Corp. has a 1-year low of $43.24 and a 1-year high of $72.84. The firm has a market capitalization of $16.77 billion, a PE ratio of 30.90, a price-to-earnings-growth ratio of 1.19 and a beta of 1.68. The business has a fifty day moving average of $64.72 and a 200-day moving average of $58.43.

Insider Activity

In related news, CFO Dirk J. Locascio sold 10,000 shares of the company's stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $57.95, for a total value of $579,500.00. Following the completion of the sale, the chief financial officer now owns 88,563 shares in the company, valued at approximately $5,132,225.85. This represents a 10.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.70% of the stock is currently owned by insiders.

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.