Primecap Management Co. CA Grows Holdings in US Foods Holding Corp. (NYSE:USFD)

Primecap Management Co. CA lifted its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 145.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 287,408 shares of the company's stock after purchasing an additional 170,309 shares during the quarter. Primecap Management Co. CA owned about 0.12% of US Foods worth $17,676,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Davis Investment Partners LLC lifted its stake in US Foods by 0.7% during the 3rd quarter. Davis Investment Partners LLC now owns 28,864 shares of the company's stock valued at $1,775,000 after acquiring an additional 193 shares during the period. First Horizon Advisors Inc. boosted its holdings in US Foods by 54.2% in the third quarter. First Horizon Advisors Inc. now owns 575 shares of the company's stock valued at $35,000 after purchasing an additional 202 shares during the last quarter. Quent Capital LLC grew its position in US Foods by 87.6% during the 3rd quarter. Quent Capital LLC now owns 469 shares of the company's stock worth $29,000 after purchasing an additional 219 shares during the period. CIBC Asset Management Inc raised its stake in shares of US Foods by 3.3% during the 3rd quarter. CIBC Asset Management Inc now owns 7,096 shares of the company's stock valued at $436,000 after buying an additional 226 shares during the last quarter. Finally, OneDigital Investment Advisors LLC raised its stake in shares of US Foods by 1.3% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 20,897 shares of the company's stock valued at $1,285,000 after buying an additional 267 shares during the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at US Foods

In other news, CFO Dirk J. Locascio sold 10,000 shares of the firm's stock in a transaction on Thursday, September 12th. The stock was 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 owns 88,563 shares in the company, valued at $5,132,225.85. This trade represents a 10.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.70% of the stock is owned by company insiders.

US Foods Trading Up 2.2 %

NYSE:USFD traded up $1.51 during trading hours on Friday, reaching $69.43. 1,977,008 shares of the stock were exchanged, compared to its average volume of 1,904,176. The business has a 50-day moving average of $62.91 and a two-hundred day moving average of $57.30. The company has a market capitalization of $16.17 billion, a price-to-earnings ratio of 29.80, a PEG ratio of 1.12 and a beta of 1.66. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01. US Foods Holding Corp. has a twelve month low of $42.80 and a twelve month high of $69.69.

Analyst Ratings Changes

USFD has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on US Foods from $72.00 to $75.00 and gave the company a "buy" rating in a research note on Friday, August 9th. Truist Financial lifted their price target on US Foods from $66.00 to $74.00 and gave the company a "buy" rating in a research note on Friday, November 8th. Jefferies Financial Group lifted their price target on US Foods from $66.00 to $71.00 and gave the company a "buy" rating in a research note on Wednesday, September 25th. Barclays lifted their price target on US Foods from $71.00 to $78.00 and gave the company an "overweight" rating in a research note on Friday, November 8th. Finally, UBS Group lifted their price target on US Foods from $67.00 to $77.00 and gave the company a "buy" rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, US Foods currently has a consensus rating of "Buy" and a consensus target price of $71.09.

US Foods Company 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.