State Street Corp Has $433.30 Million Stake in US Foods Holding Corp. (NYSE:USFD)

State Street Corp lifted its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 4.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,045,514 shares of the company's stock after buying an additional 316,061 shares during the period. State Street Corp owned 3.02% of US Foods worth $433,299,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of USFD. Acadian Asset Management LLC bought a new position in US Foods in the 2nd quarter valued at about $25,000. Quent Capital LLC boosted its holdings in shares of US Foods by 87.6% in the third quarter. Quent Capital LLC now owns 469 shares of the company's stock valued at $29,000 after acquiring an additional 219 shares in the last quarter. International Assets Investment Management LLC bought a new stake in US Foods during the second quarter worth approximately $30,000. Ashton Thomas Securities LLC acquired a new stake in US Foods in the third quarter worth approximately $31,000. Finally, Huntington National Bank boosted its stake in US Foods by 332.5% during the 3rd quarter. Huntington National Bank now owns 532 shares of the company's stock valued at $33,000 after purchasing an additional 409 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company's stock.

US Foods Stock Up 0.6 %

US Foods stock traded up $0.44 during mid-day trading on Tuesday, hitting $69.97. The company's stock had a trading volume of 1,655,553 shares, compared to its average volume of 1,816,405. US Foods Holding Corp. has a 52-week low of $43.24 and a 52-week high of $72.84. The company has a market cap of $16.30 billion, a PE ratio of 29.84, a price-to-earnings-growth ratio of 1.19 and a beta of 1.68. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72. The firm's 50 day moving average is $64.88 and its 200 day moving average is $58.60.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on USFD shares. Wells Fargo & Company raised their target price on US Foods from $66.00 to $75.00 and gave the company an "overweight" rating in a research note on Wednesday, September 18th. JPMorgan Chase & Co. lifted their price objective on shares of US Foods from $68.00 to $69.00 and gave the stock a "neutral" rating in a research note on Friday, November 8th. UBS Group raised their target price on shares of US Foods from $67.00 to $77.00 and gave the stock a "buy" rating in a report on Friday, November 8th. StockNews.com raised US Foods from a "buy" rating to a "strong-buy" rating in a report on Thursday, October 10th. Finally, Truist Financial lifted their target price on US Foods from $66.00 to $74.00 and gave the stock a "buy" rating in a report on Friday, November 8th. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $71.09.

Insider Transactions at US Foods

In other news, CFO Dirk J. Locascio sold 10,000 shares of US Foods stock in a transaction dated Thursday, September 12th. The stock was 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 directly owns 88,563 shares in the company, valued at $5,132,225.85. The trade was a 10.15 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.70% of the stock is owned by insiders.

US Foods 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.