Factory Mutual Insurance Co. trimmed its position in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 17.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 404,100 shares of the company's stock after selling 82,500 shares during the quarter. Factory Mutual Insurance Co. owned approximately 0.17% of US Foods worth $27,261,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently modified their holdings of the company. Public Sector Pension Investment Board grew its holdings in US Foods by 100.2% during the 3rd quarter. Public Sector Pension Investment Board now owns 6,000 shares of the company's stock worth $369,000 after acquiring an additional 2,500,000 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of US Foods by 25.2% during the third quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company's stock valued at $744,548,000 after purchasing an additional 2,435,357 shares during the last quarter. Congress Asset Management Co. acquired a new stake in shares of US Foods in the third quarter valued at approximately $121,196,000. State Street Corp raised its position in US Foods by 4.7% in the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company's stock worth $433,299,000 after purchasing an additional 316,061 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in US Foods by 4.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,841,961 shares of the company's stock worth $420,781,000 after buying an additional 291,016 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company's stock.
US Foods Trading Down 1.0 %
Shares of USFD stock traded down $0.70 on Friday, hitting $71.02. The stock had a trading volume of 1,795,929 shares, compared to its average volume of 1,357,781. The firm has a market cap of $16.54 billion, a P/E ratio of 30.48, a PEG ratio of 0.96 and a beta of 1.67. US Foods Holding Corp. has a twelve month low of $45.24 and a twelve month high of $72.84. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. The company has a fifty day moving average price of $68.97 and a two-hundred day moving average price of $62.84.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on the company. Barclays lifted their target price on US Foods from $71.00 to $78.00 and gave the company an "overweight" rating in a research note on Friday, November 8th. Melius started coverage on US Foods in a report on Wednesday, December 18th. They set a "buy" rating and a $12.00 price objective for the company. UBS Group raised their target price on shares of US Foods from $67.00 to $77.00 and gave the company a "buy" rating in a research note on Friday, November 8th. Melius Research upgraded shares of US Foods to a "strong-buy" rating in a research report on Wednesday, December 18th. Finally, Jefferies Financial Group increased their price objective on shares of US Foods from $79.00 to $82.00 and gave the company a "buy" rating in a report on Monday, December 16th. One investment analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $68.92.
Check Out Our Latest Report on USFD
About US Foods
(
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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