Victory Capital Management Inc. Has $632.01 Million Stock Holdings in US Foods Holding Corp. (NYSE:USFD)

Victory Capital Management Inc. lessened its position in US Foods Holding Corp. (NYSE:USFD - Free Report) by 1.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,276,623 shares of the company's stock after selling 106,751 shares during the period. US Foods comprises 0.6% of Victory Capital Management Inc.'s portfolio, making the stock its 11th largest holding. Victory Capital Management Inc. owned approximately 4.20% of US Foods worth $632,012,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Allspring Global Investments Holdings LLC grew its holdings in US Foods by 20.7% in the first quarter. Allspring Global Investments Holdings LLC now owns 6,606 shares of the company's stock valued at $357,000 after purchasing an additional 1,132 shares during the period. SG Americas Securities LLC grew its holdings in US Foods by 5.7% in the first quarter. SG Americas Securities LLC now owns 30,655 shares of the company's stock valued at $1,654,000 after purchasing an additional 1,665 shares during the period. Susquehanna Fundamental Investments LLC acquired a new stake in shares of US Foods in the first quarter worth $443,000. Headlands Technologies LLC acquired a new stake in shares of US Foods in the first quarter worth $50,000. Finally, Russell Investments Group Ltd. increased its position in shares of US Foods by 3.6% in the first quarter. Russell Investments Group Ltd. now owns 59,418 shares of the company's stock worth $3,208,000 after acquiring an additional 2,039 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company's stock.

US Foods Price Performance

US Foods stock traded down $0.50 during trading hours on Tuesday, hitting $66.99. 1,600,199 shares of the company traded hands, compared to its average volume of 1,807,040. The firm has a market cap of $16.38 billion, a P/E ratio of 28.75, a P/E/G ratio of 1.10 and a beta of 1.66. The company has a quick ratio of 0.81, a current ratio of 1.19 and a debt-to-equity ratio of 1.01. The firm's 50-day simple moving average is $61.56 and its two-hundred day simple moving average is $56.51. US Foods Holding Corp. has a 1-year low of $42.02 and a 1-year high of $68.00.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on USFD shares. 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 report on Friday. StockNews.com raised shares of US Foods from a "buy" rating to a "strong-buy" rating in a report on Thursday, October 10th. Wells Fargo & Company raised their price target on shares of US Foods from $66.00 to $75.00 and gave the company an "overweight" rating in a report on Wednesday, September 18th. Jefferies Financial Group raised their price target on shares of US Foods from $66.00 to $71.00 and gave the company a "buy" rating in a report on Wednesday, September 25th. Finally, Piper Sandler increased their price objective on shares of US Foods from $61.00 to $75.00 and gave the company an "overweight" rating in a research note on Monday. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $71.09.

Insider Buying and Selling at US Foods

In other news, CFO Dirk J. Locascio sold 10,000 shares of US Foods 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 transaction, the chief financial officer now owns 88,563 shares of the company's stock, valued at $5,132,225.85. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.70% of the stock is owned by corporate insiders.

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.