Sanctuary Advisors LLC boosted its holdings in US Foods Holding Corp. (NYSE:USFD - Free Report) by 107.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,283 shares of the company's stock after acquiring an additional 7,409 shares during the quarter. Sanctuary Advisors LLC's holdings in US Foods were worth $878,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the business. Bank of Montreal Can increased its position in shares of US Foods by 0.3% in the third quarter. Bank of Montreal Can now owns 66,848 shares of the company's stock worth $4,022,000 after acquiring an additional 171 shares in the last quarter. Davis Investment Partners LLC lifted its holdings in shares of US Foods by 0.7% in the third quarter. Davis Investment Partners LLC now owns 28,864 shares of the company's stock valued at $1,775,000 after purchasing an additional 193 shares in the last quarter. First Horizon Advisors Inc. boosted its position in shares of US Foods by 54.2% in the third quarter. First Horizon Advisors Inc. now owns 575 shares of the company's stock worth $35,000 after buying an additional 202 shares during the period. Quent Capital LLC grew its holdings in shares of US Foods by 87.6% during the third quarter. Quent Capital LLC now owns 469 shares of the company's stock valued at $29,000 after buying an additional 219 shares in the last quarter. Finally, CIBC Asset Management Inc raised its position in US Foods by 3.3% during the third quarter. CIBC Asset Management Inc now owns 7,096 shares of the company's stock valued at $436,000 after buying an additional 226 shares during the period. Institutional investors own 98.76% of the company's stock.
Analysts Set New Price Targets
A number of analysts have recently issued reports on the stock. UBS Group increased their price target on shares of US Foods from $67.00 to $77.00 and gave the stock a "buy" rating in a research report on Friday, November 8th. Melius Research upgraded shares of US Foods to a "strong-buy" rating in a report on Wednesday, December 18th. JPMorgan Chase & Co. raised their target price on US Foods from $68.00 to $69.00 and gave the company a "neutral" rating in a report on Friday, November 8th. Jefferies Financial Group lifted their target price on shares of US Foods from $79.00 to $82.00 and gave the stock a "buy" rating in a report on Monday, December 16th. Finally, Truist Financial boosted their price objective on US Foods from $66.00 to $74.00 and gave the stock a "buy" rating in a research report on Friday, November 8th. One analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Buy" and an average price target of $67.08.
Read Our Latest Research Report on USFD
US Foods Trading Up 0.3 %
USFD stock traded up $0.17 during trading on Monday, hitting $67.86. The company had a trading volume of 1,523,261 shares, compared to its average volume of 1,832,974. The firm has a 50-day moving average price of $66.32 and a 200-day moving average price of $59.69. 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 $15.81 billion, a price-to-earnings ratio of 29.12, a PEG ratio of 1.15 and a beta of 1.68. US Foods Holding Corp. has a 12 month low of $44.81 and a 12 month high of $72.84.
US Foods Profile
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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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