Raymond James Trust N.A. Sells 11,640 Shares of US Foods Holding Corp. (NYSE:USFD)

Raymond James Trust N.A. decreased its stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 44.5% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 14,499 shares of the company's stock after selling 11,640 shares during the period. Raymond James Trust N.A.'s holdings in US Foods were worth $892,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Boston Partners grew its holdings in shares of US Foods by 3.5% in the first quarter. Boston Partners now owns 16,527,901 shares of the company's stock worth $891,073,000 after purchasing an additional 566,277 shares during the last quarter. Victory Capital Management Inc. increased its position in US Foods by 5.1% during the 2nd quarter. Victory Capital Management Inc. now owns 10,383,374 shares of the company's stock valued at $550,111,000 after buying an additional 500,129 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in US Foods by 4.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 6,841,961 shares of the company's stock worth $420,781,000 after acquiring an additional 291,016 shares in the last quarter. Dimensional Fund Advisors LP raised its position in US Foods by 14.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,528,776 shares of the company's stock worth $239,940,000 after buying an additional 567,601 shares during the last quarter. Finally, Congress Asset Management Co. bought a new position in US Foods during the 3rd quarter valued at about $121,196,000. Institutional investors own 98.76% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Jefferies Financial Group lifted their price objective on US Foods from $66.00 to $71.00 and gave the stock a "buy" rating in a report on Wednesday, September 25th. UBS Group increased their price objective on shares of US Foods from $67.00 to $77.00 and gave the stock a "buy" rating in a research note on Friday, November 8th. Barclays boosted their target price on shares of US Foods from $71.00 to $78.00 and gave the company an "overweight" rating in a research report on Friday, November 8th. StockNews.com upgraded shares of US Foods from a "buy" rating to a "strong-buy" rating in a research note on Thursday, October 10th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on US Foods from $72.00 to $75.00 and gave the stock a "buy" rating in a research note on Friday, August 9th. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, US Foods presently has a consensus rating of "Buy" and an average target price of $71.09.

Insider Activity

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of US Foods stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $57.95, for a total value of $579,500.00. Following the completion of the transaction, the chief financial officer now directly owns 88,563 shares of the company's stock, valued at $5,132,225.85. This trade represents a 10.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.70% of the company's stock.

US Foods Price Performance

Shares of USFD stock traded up $0.46 during mid-day trading on Monday, hitting $69.89. The company had a trading volume of 2,383,706 shares, compared to its average volume of 1,809,967. The company has a market capitalization of $16.28 billion, a P/E ratio of 29.92, a P/E/G ratio of 1.15 and a beta of 1.66. The stock's 50 day moving average price is $62.91 and its 200-day moving average price is $57.37. US Foods Holding Corp. has a 52-week low of $42.96 and a 52-week high of $70.52. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72.

About US Foods

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.