US Foods Holding Corp. (NYSE:USFD) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC increased its stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 96.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 149,268 shares of the company's stock after purchasing an additional 73,178 shares during the quarter. Natixis Advisors LLC owned 0.06% of US Foods worth $9,180,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of USFD. Janus Henderson Group PLC increased its holdings in US Foods by 46.3% in the first quarter. Janus Henderson Group PLC now owns 162,338 shares of the company's stock valued at $8,759,000 after buying an additional 51,402 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of US Foods by 6.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 162,128 shares of the company's stock worth $8,751,000 after buying an additional 9,652 shares during the last quarter. Dynasty Wealth Management LLC purchased a new stake in US Foods in the first quarter valued at $1,143,000. Jag Capital Management LLC grew its holdings in shares of US Foods by 3,175.1% during the third quarter. Jag Capital Management LLC now owns 169,227 shares of the company's stock worth $10,407,000 after purchasing an additional 164,060 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. increased its position in shares of US Foods by 121.6% during the third quarter. Oppenheimer Asset Management Inc. now owns 51,452 shares of the company's stock worth $3,164,000 after purchasing an additional 28,232 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.

US Foods Price Performance

Shares of NYSE USFD traded up $1.51 during trading on Friday, hitting $69.43. 1,976,932 shares of the company were exchanged, compared to its average volume of 1,807,446. The firm's fifty day moving average price is $62.72 and its 200 day moving average price is $57.18. 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 company has a market cap of $16.17 billion, a price-to-earnings ratio of 29.19, a PEG ratio of 1.10 and a beta of 1.66. US Foods Holding Corp. has a 1 year low of $42.80 and a 1 year high of $69.69.

Analysts Set New Price Targets

A number of brokerages recently issued reports on USFD. Piper Sandler upped their target price on US Foods from $61.00 to $75.00 and gave the company an "overweight" rating in a research report on Monday, November 11th. Wells Fargo & Company upped their price target on shares of US Foods from $66.00 to $75.00 and gave the company an "overweight" rating in a research report on Wednesday, September 18th. Jefferies Financial Group raised their price objective on shares of US Foods from $66.00 to $71.00 and gave the stock a "buy" rating in a research report on Wednesday, September 25th. UBS Group upped their target price on shares of US Foods from $67.00 to $77.00 and gave the company a "buy" rating in a report on Friday, November 8th. Finally, StockNews.com raised US Foods from a "buy" rating to a "strong-buy" rating in a report on Thursday, October 10th. 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 has an average rating of "Buy" and an average target price of $71.09.

Insider Activity

In other news, CFO Dirk J. Locascio sold 10,000 shares of the stock in a transaction that occurred 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 sale, the chief financial officer now directly owns 88,563 shares in the company, valued at $5,132,225.85. This represents a 10.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.70% of the company's stock.

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.