South Street Advisors LLC Sells 4,480 Shares of US Foods Holding Corp. (NYSE:USFD)

South Street Advisors LLC cut its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 1.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 302,001 shares of the company's stock after selling 4,480 shares during the period. US Foods accounts for approximately 3.1% of South Street Advisors LLC's holdings, making the stock its 13th biggest holding. South Street Advisors LLC owned about 0.13% of US Foods worth $20,373,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Assetmark Inc. increased its stake in US Foods by 66,100.0% during the 3rd quarter. Assetmark Inc. now owns 662 shares of the company's stock worth $41,000 after purchasing an additional 661 shares in the last quarter. KBC Group NV boosted its position in US Foods by 16.0% during the 3rd quarter. KBC Group NV now owns 6,176 shares of the company's stock worth $380,000 after acquiring an additional 852 shares during the last quarter. Huntington National Bank boosted its position 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 acquiring an additional 409 shares during the last quarter. OneDigital Investment Advisors LLC boosted its position in US Foods by 1.3% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 20,897 shares of the company's stock worth $1,285,000 after acquiring an additional 267 shares during the last quarter. Finally, CIBC Asset Management Inc boosted its position in US Foods by 3.3% during the 3rd quarter. CIBC Asset Management Inc now owns 7,096 shares of the company's stock worth $436,000 after acquiring an additional 226 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on USFD shares. Truist Financial increased their price objective on US Foods from $78.00 to $80.00 and gave the company a "buy" rating in a report on Friday, February 14th. UBS Group raised their price target on US Foods from $77.00 to $83.00 and gave the company a "buy" rating in a report on Friday, February 14th. Piper Sandler raised their price target on US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a report on Tuesday, February 18th. Barclays raised their price target on US Foods from $82.00 to $85.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Finally, Morgan Stanley increased their price objective on US Foods from $76.00 to $82.00 and gave the stock an "overweight" rating in a research report on Tuesday, January 21st. One analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and an average target price of $71.09.

US Foods Price Performance

Shares of NYSE USFD traded up $0.98 during mid-day trading on Friday, reaching $64.36. The company had a trading volume of 5,589,674 shares, compared to its average volume of 1,889,290. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. US Foods Holding Corp. has a one year low of $49.65 and a one year high of $73.19. The firm has a market cap of $14.83 billion, a price-to-earnings ratio of 31.86, a PEG ratio of 1.03 and a beta of 1.65. The business's 50-day simple moving average is $68.85 and its 200 day simple moving average is $66.13.

US Foods (NYSE:USFD - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing analysts' consensus estimates of $0.79 by ($0.01). The company 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%. On average, research analysts predict that US Foods Holding Corp. will post 3.59 earnings per share for the current fiscal year.

Insider Activity at US Foods

In other US Foods news, Director David W. Bullock acquired 4,000 shares of US Foods stock in a transaction that occurred on Tuesday, February 18th. The shares were acquired at an average cost of $71.06 per share, with a total value of $284,240.00. Following the completion of the purchase, the director now directly owns 4,500 shares of the company's stock, valued at $319,770. This represents a 800.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available 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.