Verdence Capital Advisors LLC Increases Stock Holdings in US Foods Holding Corp. (NYSE:USFD)

Verdence Capital Advisors LLC boosted its holdings in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 377.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 59,864 shares of the company's stock after purchasing an additional 47,334 shares during the quarter. Verdence Capital Advisors LLC's holdings in US Foods were worth $4,038,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in USFD. Ashton Thomas Securities LLC purchased a new position in US Foods during the 3rd quarter valued at approximately $31,000. Huntington National Bank grew its holdings in US Foods by 332.5% during the 3rd quarter. Huntington National Bank now owns 532 shares of the company's stock valued at $33,000 after buying an additional 409 shares in the last quarter. Capital Performance Advisors LLP purchased a new position in US Foods during the 3rd quarter valued at approximately $34,000. R Squared Ltd purchased a new position in US Foods during the 4th quarter valued at approximately $34,000. Finally, First Horizon Advisors Inc. grew its holdings in US Foods by 54.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company's stock valued at $35,000 after buying an additional 202 shares in the last quarter. Institutional investors own 98.76% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on USFD shares. Piper Sandler raised their price target on US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a report on Tuesday, February 18th. Morgan Stanley lifted their target price on US Foods from $76.00 to $82.00 and gave the stock an "overweight" rating in a report on Tuesday, January 21st. Melius Research upgraded US Foods to a "strong-buy" rating in a report on Wednesday, December 18th. Melius initiated coverage on US Foods in a report on Wednesday, December 18th. They issued a "buy" rating and a $12.00 target price for the company. Finally, Jefferies Financial Group lifted their target price on US Foods from $79.00 to $82.00 and gave the stock a "buy" rating in a report on Monday, December 16th. One equities research analyst has rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, US Foods presently has a consensus rating of "Buy" and a consensus target price of $70.33.

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US Foods Trading Down 1.8 %

Shares of USFD stock traded down $1.17 on Friday, reaching $65.64. 3,997,206 shares of the company's stock were exchanged, compared to its average volume of 1,830,726. US Foods Holding Corp. has a 52 week low of $49.65 and a 52 week high of $73.19. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $15.12 billion, a PE ratio of 32.49, a P/E/G ratio of 1.03 and a beta of 1.65. The company's fifty day simple moving average is $69.43 and its 200 day simple moving average is $65.77.

US Foods (NYSE:USFD - Get Free Report) last issued its earnings results on Thursday, February 13th. The company reported $0.78 earnings per share for the quarter, missing analysts' consensus estimates of $0.79 by ($0.01). The firm had revenue of $9.49 billion for the quarter, compared to the consensus estimate of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. As a group, analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current year.

Insider Buying and Selling at US Foods

In other news, Director David W. Bullock bought 4,000 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was acquired at an average cost of $71.06 per share, with a total value of $284,240.00. Following the transaction, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. This trade represents a 800.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.70% of the stock is currently owned by corporate insiders.

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.