Thompson Siegel & Walmsley LLC lowered its stake in US Foods Holding Corp. (NYSE:USFD - Free Report) by 7.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,002,287 shares of the company's stock after selling 82,432 shares during the period. Thompson Siegel & Walmsley LLC owned 0.41% of US Foods worth $61,641,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in USFD. Massachusetts Financial Services Co. MA boosted its holdings in US Foods by 46.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 6,550,945 shares of the company's stock worth $347,069,000 after buying an additional 2,064,321 shares in the last quarter. Congress Asset Management Co. acquired a new stake in US Foods in the 3rd quarter worth about $121,196,000. Interval Partners LP raised its holdings in shares of US Foods by 371.2% during the second quarter. Interval Partners LP now owns 1,866,842 shares of the company's stock valued at $98,905,000 after acquiring an additional 1,470,630 shares during the last quarter. Ensign Peak Advisors Inc increased its position in shares of US Foods by 175.8% during the second quarter. Ensign Peak Advisors Inc now owns 1,090,291 shares of the company's stock worth $57,764,000 after purchasing an additional 694,999 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in US Foods by 14.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,528,776 shares of the company's stock valued at $239,940,000 after purchasing an additional 567,601 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company's stock.
US Foods Stock Up 2.2 %
US Foods stock traded up $1.45 during trading on Thursday, reaching $68.02. The stock had a trading volume of 1,282,091 shares, compared to its average volume of 1,806,696. US Foods Holding Corp. has a 52-week low of $42.56 and a 52-week high of $68.08. The business has a 50 day moving average price of $62.54 and a 200 day moving average price of $57.11. 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 stock has a market cap of $15.84 billion, a PE ratio of 28.88, a P/E/G ratio of 1.10 and a beta of 1.66.
Insider Buying and Selling
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 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 document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.70% of the company's stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on the stock. StockNews.com upgraded shares of US Foods from a "buy" rating to a "strong-buy" rating in a research report on Thursday, October 10th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of US Foods from $72.00 to $75.00 and gave the company a "buy" rating in a report on Friday, August 9th. Barclays boosted their target price on US Foods from $71.00 to $78.00 and gave the stock an "overweight" rating in a report on Friday, November 8th. JPMorgan Chase & Co. boosted their target price on shares of US Foods from $68.00 to $69.00 and gave the company a "neutral" rating in a report on Friday, November 8th. Finally, UBS Group lifted their target price on US Foods from $67.00 to $77.00 and gave the company a "buy" rating in a research report on Friday, November 8th. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $71.09.
Get Our Latest Stock Report on US Foods
About US Foods
(
Free Report)
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.
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