South Street Advisors LLC trimmed its stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 4.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 306,481 shares of the company's stock after selling 14,767 shares during the period. US Foods accounts for 2.9% of South Street Advisors LLC's holdings, making the stock its 14th biggest position. South Street Advisors LLC owned about 0.13% of US Foods worth $18,849,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of US Foods by 3.6% in the first quarter. Vanguard Group Inc. now owns 23,019,003 shares of the company's stock worth $1,242,336,000 after buying an additional 796,434 shares in the last quarter. Boston Partners lifted its stake 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 buying an additional 566,277 shares in the last quarter. Victory Capital Management Inc. lifted its stake in shares of US Foods by 5.1% in the second quarter. Victory Capital Management Inc. now owns 10,383,374 shares of the company's stock worth $550,111,000 after buying an additional 500,129 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of US Foods by 46.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,550,945 shares of the company's stock worth $347,069,000 after buying an additional 2,064,321 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in US Foods by 14.3% during the second quarter. Dimensional Fund Advisors LP now owns 4,528,776 shares of the company's stock worth $239,940,000 after purchasing an additional 567,601 shares during the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.
US Foods Stock Down 2.0 %
Shares of NYSE:USFD traded down $1.31 during trading on Friday, hitting $64.67. 1,723,972 shares of the company were exchanged, compared to its average volume of 1,768,201. The stock has a market capitalization of $15.06 billion, a P/E ratio of 27.76, a PEG ratio of 1.10 and a beta of 1.66. 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 12-month low of $42.19 and a 12-month high of $68.00. The firm's 50 day moving average price is $62.02 and its 200-day moving average price is $56.74.
Analyst Ratings Changes
A number of equities research analysts have weighed in on USFD shares. UBS Group lifted their price target on shares of US Foods from $67.00 to $77.00 and gave the company a "buy" rating in a research report on Friday, November 8th. Truist Financial lifted their price target on shares of US Foods from $66.00 to $74.00 and gave the company a "buy" rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of US Foods from $72.00 to $75.00 and gave the company a "buy" rating in a research report on Friday, August 9th. StockNews.com upgraded shares of US Foods from a "buy" rating to a "strong-buy" rating in a research report on Thursday, October 10th. Finally, JPMorgan Chase & Co. lifted their price target on shares of US Foods from $68.00 to $69.00 and gave the company a "neutral" rating in a research report on Friday, November 8th. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $71.09.
Read Our Latest Stock Report on USFD
Insider Activity
In other 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 transaction, the chief financial officer now directly owns 88,563 shares of the company's stock, valued at $5,132,225.85. The trade was a 10.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.70% of the company's stock.
US Foods Profile
(
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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