US Foods Holding Corp. (NYSE:USFD) Position Cut by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 2.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 717,830 shares of the company's stock after selling 17,115 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.31% of US Foods worth $44,147,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Oppenheimer Asset Management Inc. grew its holdings in US Foods by 121.6% in the third quarter. Oppenheimer Asset Management Inc. now owns 51,452 shares of the company's stock valued at $3,164,000 after purchasing an additional 28,232 shares during the period. Jag Capital Management LLC increased its holdings in shares of US Foods by 3,175.1% during the 3rd quarter. Jag Capital Management LLC now owns 169,227 shares of the company's stock worth $10,407,000 after buying an additional 164,060 shares during the last quarter. Venturi Wealth Management LLC raised its position in shares of US Foods by 72.0% in the 3rd quarter. Venturi Wealth Management LLC now owns 657 shares of the company's stock worth $40,000 after buying an additional 275 shares during the period. Distillate Capital Partners LLC acquired a new position in US Foods in the second quarter valued at $13,951,000. Finally, &PARTNERS purchased a new stake in US Foods during the second quarter valued at about $368,000. Institutional investors and hedge funds own 98.76% of the company's stock.

US Foods Stock Up 1.8 %

Shares of USFD stock traded up $1.25 during mid-day trading on Wednesday, reaching $71.86. 1,809,731 shares of the company were exchanged, compared to its average volume of 1,808,985. The company has a market capitalization of $16.74 billion, a P/E ratio of 30.85, a P/E/G ratio of 1.15 and a beta of 1.68. The business's 50 day simple moving average is $64.10 and its 200 day simple moving average is $58.11. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19. US Foods Holding Corp. has a fifty-two week low of $43.24 and a fifty-two week high of $71.93.

Analyst Ratings Changes

Several equities analysts have recently weighed in on USFD shares. StockNews.com raised US Foods from a "buy" rating to a "strong-buy" rating in a research note on Thursday, October 10th. Wells Fargo & Company boosted their price objective on US Foods from $66.00 to $75.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 18th. JPMorgan Chase & Co. increased their target price on US Foods from $68.00 to $69.00 and gave the company a "neutral" rating in a research note on Friday, November 8th. Barclays boosted their price target on US Foods from $71.00 to $78.00 and gave the stock an "overweight" rating in a research report on Friday, November 8th. Finally, Truist Financial lifted their price objective on shares of US Foods from $66.00 to $74.00 and gave the company a "buy" rating in a research note on Friday, November 8th. One 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's stock. Based on data from MarketBeat, US Foods currently has an average rating of "Buy" and a consensus target price of $71.09.

Insiders Place Their Bets

In related news, CFO Dirk J. Locascio sold 10,000 shares of the business's stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $57.95, for a total transaction of $579,500.00. Following the completion of the sale, the chief financial officer now 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 Securities & Exchange Commission, which is accessible through this hyperlink. 0.70% of the stock is owned by company insiders.

About US Foods

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.