US Foods Holding Corp. (NYSE:USFD) Receives Average Recommendation of "Moderate Buy" from Analysts

Shares of US Foods Holding Corp. (NYSE:USFD - Get Free Report) have earned an average recommendation of "Moderate Buy" from the eleven ratings firms that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $71.09.

A number of research firms have weighed in on USFD. Wells Fargo & Company increased their target price 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. raised their price objective on US Foods from $68.00 to $69.00 and gave the company a "neutral" rating in a research report on Friday, November 8th. Piper Sandler raised their price target on US Foods from $61.00 to $75.00 and gave the stock an "overweight" rating in a report on Monday, November 11th. Deutsche Bank Aktiengesellschaft raised their price target on US Foods from $72.00 to $75.00 and gave the stock a "buy" rating in a report on Friday, August 9th. Finally, UBS Group raised their price target on US Foods from $67.00 to $77.00 and gave the stock a "buy" rating in a report on Friday, November 8th.

Insider Activity at US Foods

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of the firm'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 value of $579,500.00. Following the sale, the chief financial officer now directly owns 88,563 shares of the company's stock, valued at approximately $5,132,225.85. This trade represents a 10.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.70% of the stock is owned by company insiders.

Institutional Trading of US Foods

A number of institutional investors have recently made changes to their positions in USFD. GAMMA Investing LLC boosted its stake in US Foods by 70.8% during the second quarter. GAMMA Investing LLC now owns 1,858 shares of the company's stock worth $98,000 after buying an additional 770 shares during the last quarter. CWM LLC raised its position in US Foods by 123.9% in the second quarter. CWM LLC now owns 4,088 shares of the company's stock valued at $217,000 after purchasing an additional 2,262 shares during the period. OLD National Bancorp IN raised its position in US Foods by 5.0% in the second quarter. OLD National Bancorp IN now owns 6,289 shares of the company's stock valued at $333,000 after purchasing an additional 301 shares during the period. Gateway Investment Advisers LLC raised its position in US Foods by 2.4% in the second quarter. Gateway Investment Advisers LLC now owns 87,429 shares of the company's stock valued at $4,632,000 after purchasing an additional 2,024 shares during the period. Finally, Artemis Investment Management LLP raised its position in US Foods by 18.8% in the second quarter. Artemis Investment Management LLP now owns 462,137 shares of the company's stock valued at $24,484,000 after purchasing an additional 73,014 shares during the period. 98.76% of the stock is owned by institutional investors and hedge funds.

US Foods Trading Up 2.0 %

NYSE:USFD traded up $1.38 during midday trading on Wednesday, hitting $71.99. 2,443,221 shares of the company traded hands, compared to its average volume of 1,812,355. The firm's fifty day moving average is $64.10 and its 200-day moving average is $58.11. US Foods has a 12-month low of $43.24 and a 12-month high of $72.04. The firm has a market capitalization of $16.77 billion, a P/E ratio of 30.85, a P/E/G ratio of 1.15 and a beta of 1.68. 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 Company 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.