Silver Oak Securities Incorporated Grows Stake in US Foods Holding Corp. (NYSE:USFD)

Silver Oak Securities Incorporated lifted its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 145.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,817 shares of the company's stock after buying an additional 9,965 shares during the period. Silver Oak Securities Incorporated's holdings in US Foods were worth $1,138,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ashton Thomas Securities LLC bought a new position in US Foods in the 3rd quarter worth $31,000. Huntington National Bank raised its holdings in US Foods by 332.5% in the 3rd quarter. Huntington National Bank now owns 532 shares of the company's stock worth $33,000 after purchasing an additional 409 shares during the period. Capital Performance Advisors LLP bought a new position in US Foods in the 3rd quarter worth $34,000. R Squared Ltd bought a new position in US Foods in the 4th quarter worth $34,000. Finally, First Horizon Advisors Inc. raised its holdings 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 purchasing an additional 202 shares during the period. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Piper Sandler raised their target price on US Foods from $61.00 to $75.00 and gave the stock an "overweight" rating in a report on Monday, November 11th. JPMorgan Chase & Co. raised their price target on US Foods from $68.00 to $69.00 and gave the company a "neutral" rating in a report on Friday, November 8th. Melius Research raised US Foods to a "strong-buy" rating in a report on Wednesday, December 18th. Morgan Stanley raised their price target on US Foods from $76.00 to $82.00 and gave the company an "overweight" rating in a report on Tuesday, January 21st. Finally, Melius began coverage on US Foods in a report on Wednesday, December 18th. They set a "buy" rating and a $12.00 price target on the stock. One equities research analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $68.92.

US Foods Price Performance

Shares of US Foods stock traded down $0.11 during trading on Monday, reaching $70.21. 657,459 shares of the stock traded hands, compared to its average volume of 1,667,508. The company has a market capitalization of $16.35 billion, a price-to-earnings ratio of 30.13, a P/E/G ratio of 0.95 and a beta of 1.67. The business has a fifty day simple moving average of $69.11 and a two-hundred day simple moving average of $63.57. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72. US Foods Holding Corp. has a 52-week low of $45.24 and a 52-week high of $73.00.

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.